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On Monday, we mentioned that Rocky Mountain Tracking has released the RMT Watchdog, which integrates a satellite tracking system from Axonn, LLC. And now we want to tell you more about how you can make use of this innovative GPS tracking technology.

By placing the RMT WatchDog satellite tracking device on any trailer, container, tool or other equipment, owners can track their assets across the world in real time from the comfort of their own office. It is a purely one-way form of communication, replacing more costly and power-hungry two-way devices where needed. It excludes the need for installation with a wiring harness, antenna, or external power, making installation easy and efficient.

As an RMT customer, you will already be able to take advantage of RMT’s flagship NavIQ software, which is made all the more powerful when it is put to use in the RMT WatchDog satellite tracking device. You will get to see a number of interactive maps and dynamic reports in full color, which greatly enhances your ability to understand the what you see as an asset travels.

This is fantastic news for those of you who own for equipment and trailers. You have to use these things on job sites, of course, However, as you may well know, you face serious risk of loss when equipment and trailers are in use at a job site because they are hot ticket items, especially during these tough times. In 2005, a survey showed that around 72 per cent of equipment owners faced some sort of theft – a startlingly high statistic. This is not one of those situations where you can just brush off probability and assume that you are part of the small percentage of equipment owners who do not have to be concerned.

You may be just as disheartened to learn that less than 15 per cent of stolen equipment is ever recovered, and theft has increased by 20 per cent since 1996. Recently, another survey pegged the cost of heavy equipment losses at $1 billion every year.

Then again, there is no need to be disheartened. There are precautions you can take to guard your equipment from theft. The RMT WatchDog is an excellent, low-cost way to keep your equipment where it belongs—within your sight.

“All these assets can be protected and tracked down with the RMT WatchDog for as little as $0.25 per day,” says Brad Borst, President of Rocky Mountain Tracking. “It’s a classic case of making sure you don’t step over a dollar to save a dime.”