Micro Technologies Vehicle Security product gets approval from Chief Controller of Explosives

Micro Technologies India Ltd has announced that the Company has managed to secure approval from Department of Explosives of Ministry of Commerce and Industry for its Security products to be used in petroleum road tankers. The Company is one of the few companies to procure CCOE certification for petroleum tankers. This approval will give the Company access to niche market of approximately 50 Billion INR in India. The Company's Innovative products will abet in maintaining security cum safety in Industries dealing with Inflammable products.

The Company over the years has developed a wide range of Security and IT Products and the product-range includes Embedded, Web-based and Client Server applications. Some of the company’s focus areas compromise security, E-commerce, Telecommunication, Wireless technology and GIS. The Company's innovative security software products provide Super Security solutions to various kinds of applications. The Company has spearheaded a movement against the onslaught of unpredictable calamity and has identified the need and requirement for comprehensive mechanism for combating any disaster through Natural or through human activities.

Through this initiative Micro Technologies can target segments like petroleum, Petrochemical, Liquor, Aims and Ammunitions etc. With such a wide range of applications the Company is certainly assured to benefit. The Company has initiated the entrance in to this industry with the approval of Micro Vehicle Black Box (Micro VBB) and many more such products lined up for getting approval. Micro VBB is a cuffing edge security and life support solution for vehicles which has various features like intrusion detection, tracking, seal monitoring, audio/visual alerts etc.

The Company through its high visionary approach has sealed this unique position of getting this approval. The Company has obtained this exciting platform through which it can leverage its market-leading content to a whole new audience. There are over few tens of lakhs of petrol tankers which needs immediate attention for security and tracking. The Company through it solution will help in providing the solution for the same.

Source : Equity Bulls

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