High security locking company Mul-T-Lock has introduced a new intelligent padlock device to the market.

^{The WatchLock® combines GPS locating system and SIM card based communication technologies to provide real-time updates through e-mail, text-messaging or a web-based application.}

^{The WatchLock® can be used to track and monitor the location and route of a vehicle at any time. Users can also collect data relating to when and where goods in transit are unlocked.}

^{Mul-T-Lock said that the WatchLock®  was specifically designed as a direct solution to the rise in crime claiming that freight crime costs the UK economy £250 million per year and is forecast to rise.  The padlock has adopted recent advances in cellular communication integrating several technologies into a compact, standalone device.  The robust nature of the WatchLock® is also a cost effective way to secure assets and shipments as they travel through the supply chain.}

^{Photo:The WatchLock®}