Author Archive : Track Group Staff

Track Group Reports Second Quarter 2017 Results

ROMEOVILLE, Illinois — May 12, 2017 — Track Group today announced financial results for its fiscal 2017 second-quarter ended March 31, 2017. Consolidation and focus on core judicial business positions the company for improved efficiencies, growth and financial performance. Second Quarter Highlights Net cash provided by operating activities is up 144% from a year ago Revenue from core judicial customers is up 9.5% Extended maturity of Sapinda Asia loan agreement from 9/2017 to 9/2020 Generated net proceeds of $510,000 from sale of non-core, hardware asset Global headquarters consolidated

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Track Group Appoints New Chief Financial Officer

SALT LAKE CITY, December 16, 2016 – Track Group, Inc. (OTCQX: TRCK) today announced Peter Poli is joining the Company as its new Chief Financial Officer (CFO), effective January 6, 2017. Mr. Poli joins Track Group after serving as the CFO for over 11 years with Grand Banks Yachts Limited, a global manufacturer of luxury yachts with offices in Singapore, Malaysia, Australia & the U.S. Mr. Poli brings with him an extensive background in corporate finance, financial planning and analysis, investor relations, strategic planning and risk management along

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Track Group Strengthens Leadership Team with Strategic Appointments, Positioning Company for Further Growth

SALT LAKE CITY, Sept. 13, 2016 — Track Group, Inc. (OTCQX: TRCK) (“Track Group”), a world leader in location monitoring and predictive analytics, today announced several key appointments and nominations in alignment with the Company’s strategic direction and strengthening its ability to achieve scale and profitable growth. The Company announced that Ray Johnson, former Senior Vice President and Chief Technology Officer of Lockheed Martin Corporation, and Eric Rosenblum, an Executive at Palantir Technologies, Inc., are appointed to the Company’s Board of Directors.  Guy Dubois, Track Group’s Chairman of the Board

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