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Sky-Trax Welcomes Governor Minner and Delaware Department of Economic Development
Delaware Governor Minner visits Sky-Trax Corporate Headquarters. .With financial assistance from DEDO, Sky-Trax announces plans for Growth and New Product Development.
New Castle, Delaware, June 20, 2007 (PRWEB) Sky-Trax Inc. (Sky-Trax) hosted a ceremony today announcing the award of funds from the Delaware Economic Development Office (DEDO) and the launch of its revolutionary product that will change the warehousing and distribution industry. The event was held at Sky-Trax corporate headquarters in New Castle, DE. Speakers at the event included Governor Ruth Ann Minner, Judy McKinney-Cherry, director of DEDO and Larry Mahan, President and COO of Sky-Trax.
“Technology-based businesses are at the cornerstone of our economic growth strategy,” said Delaware Governor Ruth Ann Minner. “Through my New Economy Initiative, we have continued to help people realize their ideas for business creation and growth.”
“All of here at the Delaware Economic Development Office are proud to support this effort,” said Judy McKinney-Cherry, director of DEDO. “Sky-Trax is an early stage technology company with exponential growth opportunity for Delaware’s future.”
Sky-Trax solutions address operational challenges within warehouse environments with installation of powerful but proven commercial technologies. Sky-Trax applications work in any warehouse and are highly accurate, highly reliable and economical to deploy.
“The receipt of these funds will enable Sky-Trax to rapidly deploy our warehouse solutions within several strategic accounts,” said Sky-Trax President & COO Larry Mahan. “Our warehouse applications continue to be well received by strategically important clients who help shape industry thinking about warehouse management issues,” added Mahan.
The ceremony concluded with Sky-Trax’s CEO, Mitch Silver receiving a tribute from the office of the New Castle County Executive, Christopher Coons, extending congratulations on the announcement of Sky-Trax, Inc innovative warehousing and distribution system.
Sky-Trax warehouse applications help warehouse professionals substantially increase safety and dramatically improve warehouse productivity and inventory accuracy resulting in fewer safety incidents, much lower operating costs and near perfect inventory accuracy. Most Sky-Trax installations will have an initial payback period of less than 12 months.
About Sky-Trax Inc.
Sky-Trax develops revolutionary inch-accurate tracking systems for warehouse vehicles. Safety and productivity applications employing IPS are economical and practical to deploy, allowing warehouse professionals to substantially increase safety and improve warehouse efficiency. The results are fewer safety incidents, much lower operating costs and greater throughput. For more information, please visit www.sky-trax.com.
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Sky-Trax, Inc. welcomes Governor Ruth Ann Minner at Sky-Trax corporate headquarters.
From Left to Right: Tom Weishaar, Richard Ungerbuehler, Larry Mahan,
Governor Ruth Ann Minner, Sarah Sagin & Mitch Silver.