Free press releases distribution network?

Agency / Source: Tripmaster Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Tripmaster Corporation Parent CI OmniBridge to Merge with Matrix Vehicle Tracking - Control Instruments has signed an agreement to merge its fleet management interests with Matrix Vehicle Tracking Limited. This includes CI OmniBridge’s US-based business Tripmaster Corporation
Tripmaster Corporation Parent CI OmniBridge to Merge with Matrix Vehicle Tracking

 

PRZOOM - /newswire/ - Grand Prairie, TX, United States, 2007/05/29 - Control Instruments has signed an agreement to merge its fleet management interests with Matrix Vehicle Tracking Limited. This includes CI OmniBridge’s US-based business Tripmaster Corporation.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Tripmaster Corporation (member of the Control Instruments Group, Ltd.) is the company that invented onboard computing for the trucking industry back in the 1970’s and has continued to lead in the development of this critically important technology, announced today that Control Instruments Group Limited had signed an agreement on May 21, 2007 whereby its fleet management interests will be merged with Matrix Vehicle Tracking Limited and the new combined business will be listed on the JSE, subject to JSE approval.

The businesses of both companies compliment each other very well; with CI OmniBridge focused primarily on commercial vehicle fleet management and Matrix on consumer vehicle tracking and personal safety. The merged entity will enjoy a combined base of in excess of 165,000 subscribers, a global installed base of over 450,000 vehicles and a distribution network in more than 40 countries world-wide. It will be a powerful player in the world market with offices in South Africa, the United Kingdom, Germany and the USA.

Merging the two businesses is a logical step and combines Matrix’s substantial existing annuity revenue stream and customer base with CI OmniBridge’s proven technology platform and product development capability as well as its international distribution network and customer base, said Tripmaster Corporation CEO Chris Hines. “The two businesses operate in different sectors of the fleet telematics market, which creates many synergistic opportunities and sets up the new business to focus on all levels of fleet telematics – globally. The combined business will have a critical mass, a global presence, proven technology and a large customer base” he added. “Control Instruments was one of the founding partners of Matrix, and the companies know each other well. With the strong growth of both businesses over recent years, it makes absolute sense to maximize the value and potential by merging the two”, concludes Hines.

About Tripmaster Corporation

Tripmaster Corporation (tripmaster.com), pioneer of electronic onboard recording technology in North America, was founded by Rockwell International in the 1970’s, and today claims the largest installed user base in its industry. Tripmaster products are known for their user-friendly functionality and rugged durability in the harsh commercial truck fleet environment.

About CI OmniBridge

Control Instruments OmniBridge (CI), (ci-omnibridge.com) is a subsidiary company of Control Instruments Group Ltd and provides the broadest range of fleet management information to customers around the world, using products and services developed by CI OmniBridge and for which CI OmniBridge owns the Intellectual Property.

© 2007 Tripmaster Corporation

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Tracking/Navigation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Tripmaster Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Tracking Navigation - Purchase keywords tags asset tracking, fleet management / Banner Ads!.

 
  Your Banner Ad showing on ALL
Tracking/Navigation articles,
CATCH Visitors via Your Competitors Announcements!


Tripmaster Corporation Parent CI OmniBridge to Merge with Matrix Vehicle Tracking

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Jayne Wilson - Tripmaster.com 
972-641-6200 jayne.wilson[.]tripmaster.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Tripmaster Corporation securities in any jurisdiction including any other companies listed or named in this release.

Tracking/Navigation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Tripmaster Corporation / Company Profile


Read Tracking/Navigation Most Recent Related Press Releases:

Safran’s SpaceNaute Navigation System Chosen for New Ariane 6 Launch Vehicle
AGI Partners with Singapore’s NTU-ATMRI to Develop Urban UTM Solutions
GE’s Marine Solutions Strengthens its Presence in ASEAN and China
Leonardo Introduces Latest Generation Active Sonar At Euronaval
Kyrgyz Republic's Main International Airport Adopts NEC's Air Navigation System Solution
MiX Telematics Introduces Industry First Connected Asset Solution
Sparta Systems Announces Silver Sponsorship and Speaking Engagement at the 11th Annual Global Food Safety Summit
MiX Telematics Showcases its Smart Solutions At CTIA Super Mobility 2016
Frost & Sullivan Highlights TSPS, Inc. for Setting the Bar in Customer Value in the North American Commercial Vehicle Smart Parking Services Market
Curtiss-Wright Adds 90-Day Underwater Locator Beacon (ULB) Support to Crash Protected Recorder Family

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today