Here’s our Pick of the Month March, 2007

Article Excerpt

GREY ISLAND SYSTEMS INTERNATIONAL $0.58 (Toronto symbol GIS; SI Rating: Speculative) (877-434-4844;; Shares outstanding: 66.2 million; Market cap: $38.4 million) is an Internet-based automated vehicle location and mobile data services provider for the fleet management market. Grey Island’s InterFleet product features a live map display of entire fleets of vehicles. The company is now Canada’s largest automated vehicle location provider for emergency medical services. In 2006, InterFleet won contracts with the Long Island Rail Road, the City of Tallahassee, Florida and New York City’s fire department. Grey Island’s NextBus technology uses GPS and wireless communications to predict arrival times for riders. Times are distributed to riders by digital signs at transit stops, and at home via the Internet, through cell phones or by telephone. NextBus is currently in use by 40 transit systems, including those in San Francisco, Washington D.C., and Guelph, Ontario. Last year, Paul Christie, former Chairman of the Toronto Transit Commission, joined Grey Island’s board of directors. In the…

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