Deer Park, NY (PRWEB) January 9, 2008
Vehicle Tracking Solutions (http://www.vtsn.com) has appointed Ed Teixeira, to serve as its Chief Operating Officer.
For the past four years, Mr. Teixeira founded and operated FranchiseKnowHow, LLC, a franchise development firm. He is the author of Franchising From The Inside Out. Prior to operating FKH he was Chief Operating Officer of ATC Medical Staffing, a publicly held medical staffing company.
"We are pleased to have Ed as a key member of VTS. His executive management experience in various companies will enable VTS to continue its dynamic growth," John M. Cunningham Jr., founder and President of VTS stated. "Since Ed is also recognized as a franchise industry expert he will be a major contributor to the implementation and development of our new franchise program," continued Cunningham.
"It's exciting to be a part of VTS, an emerging company on the cutting edge of the fleet management industry. I look forward to helping VTS grow its corporate and franchise business segment," stated Teixeira.
VTS recently launched a new franchise program, which is the first in its industry. Franchisees' are granted exclusive territory rights and earn money on each sale, plus five years of residual monthly income. Franchisees are provided with a laptop, client relationship software, marketing tools, demonstration hardware and complete training by VTS direct sales professionals.
The Automatic Vehicle Location industry is undergoing rapid growth as more and more companies utilize technology to improve the productivity of fleet vehicles. The market research firm Frost and Sullivan estimates that by 2010, there will be 17 million subscribers generating more than $2.5 billion dollars in revenue in the AVL industry.
Vehicle Tracking Solutions is a Long Island based company, and is a leading provider of Automatic Vehicle Location (AVL) devices and fleet management solutions. VTS tracks approximately 8000 vehicles 24 hours a day for over 600 client companies. Entering its sixth year of operation, VTS has experienced double-digit growth over the past four years. VTS operates offices in New York and New Hampshire.