ROSH HAAYIN, Israel,
January 17, 2017 /PRNewswire/ --
Pointer Telocation Ltd. (Nasdaq: PNTR & TASE: PNTR) -
a leading developer and operator of Fleet and Mobile Resource
Management (MRM) solutions, announced today that it has won a 5
year driver behavior project with an applicant of the American
Transit Insurance Company (ATIC), the leading commercial insurance
provider for for-hire vehicles in New
York City.
The solution will include four thousand Black Car and Car
Service vehicles, servicing customers using popular app based
Transportation Network Companies (TNCs) such as Uber and Lyft.
Installation is expected to be completed by February 2017.
The system integrates technology from Mobileye (NASDAQ: MBLY), a
provider of vision-based advanced driver assistance systems (ADAS)
with Pointer's Cellocater hardware and software technologies, which
will add intelligent fleet management abilities and driver behavior
analysis.
David Mahlab, Chief Executive
Officer of Pointer, "We believe that the combination of
Mobileye's advanced warning for collision prevention with our
Cellocator driver behavior analysis, will be a highly effective
tool in improving driver behavior and preventing accidents."
Added Mr. Mahlab, "This is our first significant
penetration into the US market using our SAAS (software as a
service) model, which allows us to expand sales beyond our
home-base territories of the combined hardware and software
platforms. We see significant potential from this project and we
believe that in the future this type of solution will become
standard in every commercial vehicle in the United States."
About Pointer Telocation
Pointer Telocation is a leading provider of technology and
services to the automotive and insurance industries, offering a set
of services including Fleet Management, Mobile Asset Management,
Stolen Vehicle Recovery, Vehicle Diagnosis and a comprehensive
solution in the field of Internet of Things. Pointer has a growing
list of customers and products installed in 50 countries.
Cellocator, a Pointer Products Division, is a leading AVL
(Automatic Vehicle Location) solutions provider for stolen vehicle
retrieval, fleet management, car & driver safety, public
safety, vehicle security and more.
Contact:
Zvi Fried, V.P. and Chief Financial
Officer
Tel.: +972-3-572-3111
E-mail: zvif@pointer.com
Gavriel Frohwein/Ehud Helft, GK Investor Relations
Tel: +1-646-688-3559
E-mail: pointer@gkir.com
SOURCE Pointer Telocation Ltd