Pacific DataVision on The NASDAQ and to deploy MOTOTRBO in four initial markets
The US based company, a leading provider of mobile workforce management solutions, announced that its common stock will begin trading on the NASDAQ Capital Market. The company also announced deploy MOTOTRBO technology from Motorola Solutions.
Pacific DataVision, Inc., a leading provider of mobile workforce management solutions, today announced that effective February 3, 2015 its common stock will begin trading on The NASDAQ Capital Market under the symbol "PDVW."
"We are extremely pleased about listing on NASDAQ, which provides our investors with liquidity and our company with access to a large investor base as we continue to expand our efforts to become the nation's leading private wireless carrier dedicated to serving business and critical infrastructure companies. Our decision to list on NASDAQ was based on our determination that this exchange offers the best conditions for adding value for our stockholders," said John C. Pescatore, CEO of Pacific DataVision.
Pacific DataVision (PDV) plans to launch state of the art, private push-to-talk networks in major U.S. markets dedicated solely to dispatch-centric businesses. This follows PDV's achievement of a number of corporate milestones during 2014.
Mr. Pescatore continued, "We expect 2015 to be an exciting year for PDV as we look forward to launching our first markets and advancing our regulatory initiatives."
PDV will be launching its next generation push-to-talk solution utilizing state of the art digital two-way radio technology integrated with PDV's proprietary cloud-based mobile resource management solutions. These solutions, including intelligent call prioritization, worker tracking, status mapping and other workforce management capabilities, are targeted to provide business customers substantial benefits and cost savings including improved workforce productivity and increased operational efficiencies.
As reported in an interview with Urgentcomm, Pacific DataVision (PDV) will deploy MOTOTRBO technology from Motorola Solutions in the four initial markets that are scheduled for operation during the first half of this year, a company officials said in association with PDV stock beginning to be traded on the NASDAQ capital market last week.
Most industry observers have believed that PDV would use MOTOTRBO as its narrowband technology after the company announced Motorola Solutions as its technology partner and plans to use Motorola Solutions' sales channels. MOTOTRBO has been a popular platform with utilities and other critical-infrastructure entities, which are PDV’s target customers. However, PDV previously only acknowledged that it would utilize a “digital radio technology from Motorola Solutions” in press releases and public statements.
