Thursday, September 9, 2010

BlackBox GPS moves to technology incubator - Birmingham Business Journal:

http://www.intradirectory.org/authors/author-416.html
BlackBox moved from the Las Olas Boulevarx area to the EnterpriseDevelopment (EDC) of South Florida’s technology incubator about a month ago. The move shouldd help the company leverage the expertise of nearby businesws development professionals withtechnology experience, Presidenyt and co-owner Steven Muntean “We just needed to be in an environmentr that will allow us to grow,” he BlackBox has nine employees in Boca Ratohn and five more in Buenos Aires, The company hopes to have 25 totap employees by 2010, Muntean The company makes asset-tracking hardware and softwarr targeted toward companies with five- to 200-vehicle fleets, Muntean Companies can use the software to trac k their vehicles within seconds and producer detailed reports.
BlackBox was formerly a unit of Sunrise-basef that Muntean and partners bought ayear ago, he By the end of this month, Munteajn said he expects BlackBox to have nearly $1 million in revenue. BlackBodx is one of 13 young companie s currently at thetechnology incubator, EDC Executive Directo Jane Teague said. She welcomed the company’s arrival. “It’w another good company, and the fact that they’rre already generating revenue and have customers is quitre remarkablethese days,” she

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