A nosepiece assembly, such as a two-piece locator assembly. Each of the X capacitive DACs comprise M switches wherein M is an integer greater than one; a signal input; a signal output; and M capacitances that communicate with the M switches, respectively, and that have first and second ends and substantially equal capacitance values. A control unit is adapted to receive identification signals from the assets and monitor positions of the assets within a defined area. This information may be used to initiate an application on the other computing device. Also provided is a system including a rate controller controlling the transmission rate of data between two stations over a network and a rate reporter in communication with the rate controller.