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MiX Telimatics Awarded 25.000.000 Euro Contract - MiX Telematics (incorporating OMNiBRIDGE and Matrix Vehicle Tracking) recently won a 5 year deal with debis Fleet Management and signed a 25.000.000 EUR contract
MiX Telimatics Awarded 25.000.000 Euro Contract

 

PRZOOM - /newswire/ - Stellenbosch, Western Cape, South Africa, 2008/05/22 - MiX Telematics (incorporating OMNiBRIDGE and Matrix Vehicle Tracking) recently won a 5 year deal with debis Fleet Management and signed a 25.000.000 EUR contract. NYSE: MIXT; JSE: MIX

   
 
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MiX Telematics, formerly trading as OmniBridge, a wholly owned subsidiary of the JSE listed telematics group, TeliMatrix Limited (TeliMatrix), today announced its 5 year contract with debis Fleet Management, a leading national supplier of fleet vehicles and related services. Revenues expected to flow to the group as a result of the contract are in excess of 25 000 000 EUR.

debis, a Daimler Services company, manages approximately 13 500 vehicles for different customers. MiX Telematics was awarded the vehicle management contract for a period of 5 years.

Stefan Joss, CEO of TeliMatrix said: “This contract reinforces TeliMatrix’s position as a significant contender in the super fleet business. We aim to be the preferred supplier to large fleets for fleet management products and services. We anticipate huge growth both locally and internationally in the fleet management arena and are perfectly poised to take advantage of these opportunities.”

This is not the first large tender won by a TeliMatrix company. Through various partners, they also provide services to fleets of the City of Johannesburg, Nelson Mandela Bay municipality, Ekhurhuleni and the Western Cape Government and internationally to the likes of Schlumberger and Chevron.

For shareholders, this deal signifies a tangible benefit resulting from TeliMatrix’s acquisition of Omnibridge last year. Joss continues “A key contributing success factor in us being awarded this deal is our proven ability to provide world-class, end-to-end services to our customers; from extensive driver and vehicle performance monitoring to sophisticated vehicle security and safety solutions.”

MiX Telematics will equip the entire fleet of vehicles with FM Communicator onboard computers to provide vehicle tracking and fleet management functionality and information, including driver identification, vehicle performance, driver performance, fuel consumption, location and utilisation. The solution will also enable debis to track driver behaviour e.g. if the driver is speeding or driving for long periods on end, thus promoting driver safety and enabling debis to watch over operating costs. The equipment transmits all driver and vehicle data to the Mix Telematics control room via GPRS, and information can be viewed online using MiX Telematics’ FM-Web internet based solution.

“Escalating fuel and vehicle maintenance costs world-wide have thrown the spot light on cost-cutting and efficiency. Fleet owners can not afford for their drivers to take any unauthorised routes or keep the motor running unduly. Our products arm our clients with tools to control cost variances and provide peace of mind. debis and their client have recognised the need to use technology to significantly improve productivity and customer satisfaction. The solution MiX Telematics provides not only ensures that they maximise vehicle availability and utilisation, but also improves driver productivity. Our products arm the business with the ability to directly improve customer service whilst also maximising control over their fleet and associated costs”, said Joss.

MiX Telematics provides a 24/7 response and service that offers debis and their client vehicle recovery, CRM services, fleet consulting, maintenance and installation management.

“We are delighted to be the partner of choice for debis and are confident in our ability to provide a broad range of products and ultimately a superior fleet management solution that both debis and their client can rely on”, said Joss.

MiX Telematics (previously trading as OMNiBRIDGE) was formed in 1997 and is a global provider of tracking and fleet management products and services to companies of all sizes in over 75 countries on six continents. The company’s commercial product range – formerly marketed under the VDO brand and sold by Siemens VDO for 10 years - helps fleet owners ensure driver and passenger safety, reduce fleet running and fuel costs, comply with selected industry regulations, and track and protect vehicles and drivers. Customers include Parmalat, Schlumberger, Chevron, Greyhound, Spar, and Scania. MiX Telematics has offices in South Africa, Germany and the United Kingdom and an extensive global distribution network.

TeliMatrix acquired Omnibridge from Control Instruments in October 2007 as part of its vision to become the leading provider of information and related services for mobile assets.

 
 
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Agency / Source: MiX Telematics

 
 

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MiX Telimatics Awarded 25.000.000 Euro Contract

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MiX Telematics |
Contact: Frances Gain 
+27218805601 frances.gain[.]mixtelematics.com
 
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