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Fleetmatics Exceeds Milestone of 500,000 Vehicles Under Subscription

Company's Subscriber Base Fastest Growing in the Fleet Management Industry

Fleetmatics Group PLC (NYSE: FLTX), a leading globalprovider of software-as-a-service (SaaS)-based mobile workforce solutions forservice-based businesses of all sizes, today announced it has exceeded amilestone of 500,000 active vehicles under subscription, outpacing thecompetition. With more than 62 billion data points gathered for benchmarkingand insights, Fleetmatics enables customers to focus on their business torealize a rapid and ongoing ROI that can include increased revenue, reducedcosts and the ability to grow profitably.

 

One such example of turning business intelligence-driveninsights into actionable corrections is customer Express Energy Services with1,200 vehicles in the field. Following the implementation of Fleetmatics,Express Energy reported that it decreased fuel costs by more than $80 pervehicle per month (totaling $1.15 million per year) and reduced the number ofaccidents its fleet incurred from 37 in 2012 to 7 in 2013.

 

Earlier this year, the company expanded its productofferings with the introduction of a robust platform and three products withnew and, in some cases, industry-first and patented features. FleetmaticsREVEAL(TM), Fleetmatics REVEAL+(TM) and Fleetmatics WORK(TM) incorporate thecompany’s diverse expertise, providing simple-to-use, yet powerful solutions,tailored to the needs of different sized businesses across a broad range ofindustries.

 

“Having exceeded 500,000 subscribed vehicles is asignificant milestone for our company,” said Jim Travers, FleetmaticsChairman and CEO. “Our growth continues to be fueled by an underpenetratedglobal market, a leading software platform, and an efficient web-selling modelto small-and-mid-sized businesses.”

 

To learn more about Fleetmatics, visit www.fleetmatics.com.

 

About Fleetmatics Group PLC

Fleetmatics Group PLC is a leading global provider ofmobile workforce solutions for service-based businesses of all sizes deliveredas software-as-a-service (SaaS). Our solutions enable businesses to meet thechallenges associated with managing local fleets, and improve the productivityof their mobile workforces, by extracting actionable business intelligence fromreal-time and historical vehicle and driver behavioral data.

 

Fleetmatics Group’s intuitive, cost-effective Web-basedsolutions provide fleet operators with visibility into vehicle location, fuelusage, speed and mileage, and other insights into their mobile workforce,enabling them to reduce operating and capital costs, as well as increaserevenue. An integrated, full-featured mobile workforce management productprovides additional efficiencies related to job management by empowering thefield worker and speeding the job completion process – quote through payment.As of June 30, 2014, Fleetmatics served over 23,000 customers, with over499,000 subscribed vehicles worldwide.

 

To learn more about Fleetmatics, visit www.fleetmatics.com.

 

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