Skyhook Wireless Powers Location on TIE Your Money for Android
App in the Popular Finance Category uses Skyhook for Improved Location
BOSTON, MA - August 26, 2009- Skyhook Wireless®, provider of the patented Wi-Fi Positioning System (WPS) and the hybrid positioning system XPS, today announced a partnership with TIE Your Money, a personal financial management app for Android.
TIE tags the locations of users' financial transactions. Consumers are now relying on mobile banking applications to keep track of their finances, and the ability to capture precisely where transactions were made is invaluable. By integrating TIE's financial management features with location, it helps users manage their money more closely and in a more organized fashion.
"Being able to provide our users with an always precise location is of paramount importance for the application, a task that involves a great deal of battery consumption and time using Android's native capabilities," said Juan Trujillo, lead developer of the TIE Your Money app. "Skyhook's capabilities definitely reduced both battery and time impact, allowing us to offer better performance and precision. We found Skyhook's positioning software the fastest and easiest way to get an exact location result in an Android application."
"Banking is one of the hottest new areas in mobile," said Kate Imbach, director of marketing at Skyhook Wireless. "Location is a crucial element to these apps that makes managing finances even easier."
About Skyhook WirelessFounded in 2003, Skyhook Wireless has pioneered the development of the first hybrid positioning system to fully leverage Wi-Fi, GPS and cell towers delivering precise location data supporting the growing market for location-based services. Skyhook's hybrid positioning system XPS requires no new hardware, works indoors and outdoors, provides an instant location and is more accurate than current technologies in congested downtown areas. Skyhook Wireless is headquartered in Boston, MA, and is privately held. Investors include RRE Ventures, Bain Capital Ventures, Intel Capital and CommonAngels. For more information visit www.skyhookwireless.com, send email to info@skyhookwireless.com or call 617-314-9802.
About TIE Your MoneyTIE is an innovative application including speech recognition, alarm reminders, audio recording, camera pictures and barcode scanning among other customizable features, combined with a great UI to provide users with a new experience in personal financial management. www.tieyourmoney.com
- Contacts:
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Beth Winkowski
Skyhook Wireless
Phone: (978) 649-7189
Email: beth@skyhookwireless.com
Estiven Restrepo
TIE Your Money
Phone: +573146453307
Email: tie@tieyourmoney.com