Newly named Networkfleet is growing rapidly and our new office, new name and brand identity reflect that. By taking the name of our successful product, the company is aligning its strategy, mission, and messages
SAN DIEGO (PRWEB) October 28, 2008
"Newly named Networkfleet is growing rapidly and our new office, new name and brand identity reflect that. By taking the name of our successful product, the company is aligning its strategy, mission, and messages," said Keith Schneider, president of Networkfleet. "The new name preserves our long-standing, successful image and further strengthens the company's reputation as innovative and successful. There are many small competitors in this business, and customers are looking for a stable partner. While market consolidation will inevitably occur, Networkfleet will continue to innovate and thrive."
Networkfleet was the first to develop a wireless diagnostic monitoring system that connects directly to a vehicle's on-board diagnostic OBD-II port. Approaching its ten-year anniversary, the company and its affiliates now have more than 50 patents issued or pending surrounding vehicle diagnostics. In 2006, it was acquired by Hughes Telematics, a leader in the development of the next generation of vehicle information-based technology and services.
While GPS-based vehicle tracking systems are becoming common with many small competitors entering the market, Networkfleet combines precise GPS vehicle location with engine diagnostics and real-time reporting for a comprehensive approach. Fleet managers receive alerts and log on to a secure Web site to manage vehicle information. Networkfleet also helps fleets Go Green and Save Greensm by continuously monitoring emissions and gives them the ability to reduce fuel usage, lower idle time, reduce vehicle speed and lower miles traveled. In California, Networkfleet customers are wirelessly "smog checked" to immediately identify vehicles that are out-of-compliance.
Networkfleet customers represent a broad range of industries and fleet sizes, from less than 10 vehicles to thousands of vehicles. Customers include service fleets, delivery, transportation services, construction and all levels of government. Examples include Cloud 9 Shuttle, Roto-Rooter, the State of Delaware and the U.S. Marine Corps. In addition, the company's technology has been integrated with a wide range of fleet applications and is offered through a vast network of resellers, VARS and partners. These partners include PHH Arval, Wright Express, AssetWorks and ProMiles, among many others.
Networkfleet (http://www.networkfleet.com) is a leading provider of wireless fleet management services that improve fleet operating efficiency by reducing fuel consumption, maintenance expenses and vehicle emissions. The company's technology combines patented remote diagnostic monitoring with GPS-based Automatic Vehicle Location (AVL) systems. With more than 50 patents issued or pending, the company received a 2006 American Business Award for Most Innovative Company and a 2006 Frost & Sullivan Technology Innovation Award for Wireless Emissions Monitoring. Founded in 1999, Networkfleet is a wholly-owned subsidiary of HUGHES Telematics, Inc. and is headquartered in San Diego, CA.
About HUGHES Telematics
HUGHES Telematics (http://www.HUGHEStelematics.com) is a leader in implementing the next generation of connected services for the automobile. Centered on a core platform of safety and security offerings, the company develops and manages vehicle- and driver-centric solutions to enhance the driving and ownership experience. Headquartered in Atlanta, Ga., HUGHES Telematics offers a portfolio of consumer, manufacturer, fleet and dealer services provided through two-way broadband connectivity to the vehicle. HUGHES Telematics and Polaris Acquisition Corp (AMEX: TKP.U) have agreed to an all stock merger which, upon satisfaction of certain closing conditions, will result in HUGHES Telematics stockholders and management becoming the controlling stockholders and management of Polaris.