TrackPower Inc.     OTCBB:  TPWR 
 

OTCBB

TPWR

52 Week High $ 0.11
52 Week Low $ 0.10
Market Cap 5 M
Shares Outstanding 48.5 M

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Investor Relations Home/ Profile

 

 

Office Address

TrackPower Inc.

67 Wall Street, Suite 2211 


New York, New York 10005-3198

Investor Relations Contact

John G. Simmonds

Tel: (905) 833-3838

Fax: (905) 833-6942

www.OTCLIVE.com

 

  Interview with John G. Simmonds, Chairman & CEO of TrackPower Inc.

 

Corporate Profile

 

TrackPower, Inc. (OTC BB:TPWR) is embracing its new mission that will position the company as a leader in providing integrated interactive services to race tracks and gaming facilities throughout the world. The Company's flagship product is a combined ATM and Information Kiosk system that will allow the race track or gaming facility to offer its customers a fully interactive touch-screen information service.

TrackPower will utilize the latest kiosk technology in the form of ATMs and information kiosks to deliver cash, advertising content, loyalty programs, live and archived video, integrated race information, as well as e-commerce and other future applications.

Race tracks are continually looking for ways to increase their customers racing experience to maintain or develop valued players. TrackPower can offer each race track ways to add value to the on-track racing experience, collect valuable data on their players, and provide a profit center in the process.

The multi-functional information kiosks are accessed by players for added-value information and services. Through proprietary technology and partnerships, TrackPower has the unique ability to offer these multiple services at a cost-effective rate while creating a revenue sharing relationship with the race track. TrackPower will be more than a service provider to the race track: TrackPower will be their partner.

TrackPower's focus and core competency is in creating the delivery platform or kiosk infrastructure for content providers. TrackPower is not a content provider itself, but provides a mechanism for content providers to deliver their product to the race track in a cost effective and reliable format. Race tracks want and need this content to provide their players with better, timely, and relevant information that allows them to make a more informed and more confident wager. Research has proven that greater player confidence equates to increased wagering!

TrackPower is extremely well positioned in the marketplace and has developed an excellent product for the racing and gaming industries. The ATM and Information Kiosk product will be the company's core focus and the systems will be marketed aggressively throughout North America this year.

The Company

 

RaceVisionTM Information Kiosks

TrackPower's Information Kiosk System RaceVisionTM allows a race track or gaming facility to offer their customers a fully interactive touch-screen information service with ATM's.

One of TrackPower's partners, Post Time Technologies, has taken handicapping and wagering to the next level in devising a system sensitive to the needs and demands of both race tracks and patrons.

System features include:

  • Rapid delivery through the ability to call up the information on demand.

  • Visual information (photo finish images and video replays) which is a critical tool for handicappers.

  • A video and data archive that is both extensive and relevant.

  • A system that is easy to use.

  • Availability to both race tracks and simulcast facilities.

  • Combination of visual information and data.

  • Off-site maintenance, taking the necessary maintenance and manpower away from the race tracks and simulcast facilities.



The kiosks/customer workstations are designed to be customizable in their configurations based on the requirements and unique needs of each client.

Some of the services that can be accessed on the kiosk at the race track include:

EntriesIn addition to accessing races from past performance information, daily updates include future race 'Entries', which are directly linked to the RaceVision database. This allows patrons to access a race by simply touching a runner's name on the on-screen 'Program' of an upcoming race card.



ResultsThe 'Results' option allows for Results information (payoffs, fractional times, complete order of finish), to be accessed from the kiosks immediately after each race on the current race day. Results are later placed in an archive database and are available for viewing weeks or even months later. RaceVision also allows for results from all simulcast tracks to be displayed on the kiosks.



PhotoThe 'Photo' option allows for the official Photofinish images to be viewed from the kiosks literally within minutes of the finish of each race. Images are stored in the RaceVision database and can be immediately recalled by officials or patrons fromany of the kiosks located throughout the facility. The Photo option also allows for images from simulcast race tracks to be displayed and stored on the kiosks.



ReplaysThe 'Replays' option allows access to races within seconds by selecting the Track, Date and Race from the on-screen display. Races can also be selected by scrolling through the alphabetical database of all runners on the system, or by typing in the runner's name using the touch screen keyboard. RaceVision can also provide replays for the race tracks whose simulcast signals your patrons are wagering on. Replays are updated daily providing your customers with timely information to add to their simulcast experience.

ATMS

TrackPower provides a turn key ATM service through its partner 4CASH ATM Services Inc. Some of the products and services provided are:

  • Hardware (multiple solutions)

  • Vault Cash Management

  • Cash Rental

  • ATM Installation

  • Service and Maintenance

  • Network Access

  • Transaction Processing

  • ATM Monitoring

  • Location Reporting

  • Terminal Driving


TrackPower's unique approach to the gaming industry takes the fundamental need for an ATM and combines it with alternative revenue streams and value added content. The use of leading edge technology in the ATM industry allows TrackPower to deliver advertising content, loyalty programs, integrated race information, entries and results, live and archived video, e-commerce and other future applications.

Management Team

 

John G. Simmonds
CEO and Chairman of the Board

Mr. John G. Simmonds was appointed Chairman of the Board, a Director and Chief Executive Officer of the Company effective January 29, 1998. Mr. Simmonds is a respected horse owner and breeder and is the driving force behind TrackPower.

Mr. Simmonds is the founder of Simmonds Capital Limited, a Toronto Stock Exchange listed company ("SCL"). Since 1991, Mr. Simmonds has served as Chairman, President and Chief Executive Officer of SCL. SCL is a merchant banking company with an active role in certain strategic investments.

Hardave S. Gill
President

Mr. Gill has been involved in the pari-mutuel racing industry for more than 30 years as a manager of technical services and as a technical consultant for numerous race tracks and racing organizations throughout North America and Japan.

Throughout this time Mr. Gill has founded and continues to operate a number of racing services companies including Post Time Productions. Post Time Productions provides live race television production, photo finish and electronic timing system design, installation and operations.

In 1996 Mr. Gill formed Post Time Technologies, and developed the RaceVision™ kiosk based replay system and the TrackVision™ live racing and replay Internet distribution technology. Post Time Technologies' current client list includes Churchill Downs, Hollywood Park, Santa Anita, Gulfstream Park, and Keeneland Race Course.

Mr. Gill and his family have been involved in the thoroughbred industry since 1949 as owners, breeders and trainers, giving him an in-depth understanding of the pari-mutuel industry. As President of TrackPower, Mr. Gill will be overseeing the business expansion and technical development of TrackPower's products and services.

Email: hgill@trackpower.com

Vicky Stickwood-Hislop
Managing Director

Ms. Stickwood-Hislop has been involved in the thoroughbred racing industry for over 30 years as an owner of thoroughbred horses. She has over 20 years of senior management experience in international business development, with a focus towards the transfer of technology (logistical/legal/governmental issues). In her role as Managing Director of TrackPower, Ms. Stickwood-Hislop will capitalize on her extensive Management and International business experience to expand TrackPower's client base throughout North America and Internationally.

Email: vicky@trackpower.com

Glenn Pearson
VP Sales


Mr. Pearson has spent the past three years working with the Fifth Dimension Holdings group of companies. During his time with the 5DTV group Mr. Pearson's main responsibilities were centered around the coordination of the 5DTV horse racing business which provides earth stations, back haul & satellite space services allowing the Transmission / Uplinking of racing signals to Satellite for distribution to other Tracks, OTB's, gaming facilities and directly to the home via satellite and the Internet.

Prior to 5DTV Mr. Pearson had spent over 25 years working in the Horse racing Business. Mr. Pearson was employed as President and General Manager of Rideau Carleton Raceway in Ottawa he also worked at three other race tracks in different Canadian Provinces. With over 20 years as a results-oriented senior manager. Mr. Pearson has been an innovative leader with a flair for reducing costs while delivering full service programs to customer service environments.

Email: gpearson@trackpower.com

 

Racing Links

ATM/Kiosk Links

Strategic Partners

 

Post Time Technologies

Post Time Technologies (PTT), is a privately owned Vancouver, Canada and Las Vegas, Nevada based company founded to research and develop proprietary technology based products for the International racing and gaming industries.

PTT's first product to market was RaceVisionTM, a digital replay and racing information system.

RaceVisionTM - 'more than just a replay system', is the only digital replay system available that integrates Race Replays with Past Performance, Entries, Results and Payoff information, as well as official Photofinish images.

The entire system is operated remotely from Post Time's control center. Races are captured live (from satellite) at PTT's facility, processed and transmitted back to PTT servers located at race tracks and Off Track Betting facilities (OTBs).

Designed to be delivered through touch screen Kiosks (stand-alone and carrel mounted), information is processed and delivered back to the system literally within minutes of the finish of each race.


4CASH ATM Services Inc.

4CASH a wholly owned subsidiary of Wireless Ventures Inc. (OTC BB: WLSV) is a full service provider of ATM dial-up and lease-line systems, transaction processing, management and Internet digital media services in North America.

4CASH provides a low cost, high income, turn key alternative for organizations while providing customers with the latest products and services available including Point-of-Sale, on-screen advertising, and 'couponing'.

4CASH's mission is to provide its customers with the value, quality and technology needed to remain competitive in the ATM market, and to create the right solution for each of its clients unique needs.

Investment


Existing and potential investors can keep informed on TrackPower Inc.'s stock activity by clicking on the link below:

TPWR stock quote


Investor inquiries:
investment@trackpower.com

 

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