BlackBox GPS moves to technology incubator - South Florida Business Journal:

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BlackBox moved from the Las Olas Boulevard area to the EnterpriseDevelopmenf Corp. (EDC) of South Florida’s technology incubator aboutt amonth ago. The move shoul help the company leverage the expertise of nearbyh business development professionals withtechnologyy experience, President and co-owner Steven Munteabn said. “We just needed to be in an environment that will allowa usto grow,” he said. BlackBox has nine employeez in Boca Raton and five more inBuenoz Aires, Argentina. The company hopes to have 25 total employeesby 2010, Muntean said. The company makes asset-trackingf hardware and software targetedr toward companies with fiveto 200-vehicle fleets, Muntean said.
Companies can use the softwarse to track their vehiclews within seconds and producedetailed reports. BlackBoxc was formerly a unit of Sunrise-based that Muntea and partners bought ayear ago, he said. By the end of this Muntean said he expects BlackBox to havenearly $1 millioh in revenue. BlackBox is one of 13 youngh companies currently at thetechnology incubator, EDC Executiver Director Jane Teague said. She welcomedr the company’s arrival.
“It’zs another good company, and the fact that they’rwe already generating revenue and have customerw is quite remarkablethese days,” she