iTraq Announces $500,000 Indiegogo Stretch Goal to Add Rechargeable Feature to Devices

SEATTLE, WA--(Marketwired - Mar 5, 2015) - iTraq, the newest geolocation device that does not use GPS or Bluetooth to track valuables, announces its stretch crowdfunding goal of $500,000 to add a rechargeable feature. iTraq's use of cellular towers makes it stand out amongst other tracking devices that limit tracking to the confines of Bluetooth signal range. The device can operate on a single battery for up to three years and be located virtually anywhere in the world, including on bicycles, cars, boats, packages, luggage and even people.

After raising more than $200,000 to exceed its original Indiegogo campaign goal by more than 600 percent. iTraq gathered feedback from supporters and plans to enhance its device by adding QI Wireless Charging technology, making it easier for consumers to track valuables for longer periods of time.

Backers fully supported the campaign within just 48 hours, proving consumers want advanced tracking technology that allows them to stay more in the loop. iTraq plans to use the additional funding to implement Qi Wireless Charging technology to wirelessly charge a compatible device's battery using induction transfer, allowing users to charge their iTraq devices without extra cables or adapters.

"We were overwhelmed with the initial response we received and thrilled to give people a product they have shown they believe in and need," says Roman Isakov, iTraq Co-founder. "We see the opportunity to make the product even more advanced and easier to use. The overall goal of iTraq is to remove the guessing game of where the things and people you value most are."

If the $500,000 stretch goal is reached, every campaign contributor will receive an upgrade to the rechargeable iTraq free of charge.

For more information, see iTraq's Indiegogo campaign page.

About iTraq
iTraq is the world's first global location device that can be found anywhere. iTraq determines its position and location using cellular towers allowing iTraq to be located anywhere in the world where cellular service exists. For more information about iTraq, visit www.itraqtag.com.