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Altea and Ubiq Combine their Expertise to Offer Innovative Telematic Solutions - Altea and Ubiq have signed an important agreement to offer innovative Value Added Services (VAS) to Car Telematics in Peru - Ubiq-Corp.com
Altea and Ubiq Combine their Expertise to Offer Innovative Telematic Solutions

 

PRZOOM - /newswire/ - Buccinasco, Milano, Italy, 2009/06/30 - Altea and Ubiq have signed an important agreement to offer innovative Value Added Services (VAS) to Car Telematics in Peru - Ubiq-Corp.com.

   
 
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First to be introduced are Fleet Management and Localization-based technologies, to be provided initially in Peru and then to be potentially rolled out in South America. The cooperation also aims at introducing customized solutions for insurance companies such as Pay–As–You–Drive (PAYD) or Pay-Per-Use (PPU). This will enable insurance companies (and car drivers) to significantly reduce their costs by exactly profiling their insurance according to the real needs, habits and usage attitudes of the drivers.

UBIQ (ubiq-corp.com) is a Peruvian company that researches, develops and integrates market solutions for M2M (machine-to-machine) communication. By partnering with ALTEA, UBIQ consolidates its business with the addition of state-of-the-art telematics services, adding new business opportunities and widens the range of the applications offered to the final customer, greatly reducing time-to market.

ALTEA (altea.net) introduces for the first time to the Peruvian market its unique-to-the-world Open Telematics Platform (OTP). ALTEA’s Open Telematics Platform is adaptable to a wide range applications: Safety & Security (such as anti-theft vehicle tracking and eCall), Fleet Management, Customized insurance (such as Pay-As-You-Drive), Traffic Management, Remote Diagnostics. This expertise represents a foundation for numerous international ITS projects.

Key feature of the patent pending OTP is to be the world's only open platform, working with virtually any onboard device, protocol and mapping system.

 
 
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Altea and Ubiq Combine their Expertise to Offer Innovative Telematic Solutions

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Contact: Andrea Carminati - Altea.net 
+39 02 448707220 info[.]altea.net
 
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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 Altea securities in any jurisdiction including any other companies listed or named in this release.

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