WebTech Wireless Inc. (TSX VENTURE:WEW):
— Crown Telecom Places a Confirmed Purchase Order for CDN$ 6 Million with WebTech Wireless
— WebTech Wireless to ship over 20000 WebTech Locator units to Brazil
Crown Telecom, a provider of location-based and fleet Telematics services and WebTech exclusive distributor and operator in Brazil, has placed a confirmed purchase order for over 20,000 WebTech Locator devices. WebTech Wireless, a leading fleet Telematics products and service provider, has accepted the purchase order worth over CDN$ 6 million confirmed with a down payment. Shipments have already commenced in November as per an approved shipping schedule for a 12-month period. The devices will be installed in new Volkswagen Golf and Parati models sold at over 500 Volkswagen dealerships across Brazil for safety and security purposes. A WebTech Locator device will be installed in all new Volkswagen Golf and Parati models on the assembly lines at two Volkswagen factories in Brazil. The approval process for this order included rigorous testing and certification by Volkswagen of WebTech products and services as operated by Crown Telecom in Brazil prior to allowing assembly line installation. The program provides location-based and Telematics services by Crown Telecom and an insurance program geared at anti-theft and safety applications.
“The partnership that Volkswagen Brazil has signed with Crown Telecom, Insurance companies, and TIM – Telecom Italia Mobile has enabled us to confirm our market potential and thus place the order,” commented Jose Antonio S. Pereira Jr., Crown Telecom’s President and Chief Executive Officer. He further stated: “Crown Telecom has concluded several one-year market trials including the pilot project with Volkswagen Brazil and I am very satisfied with WebTech’s system stability, reliability, and ability to meet the safety and security requirements as set by Volkswagen Brazil and the insurance companies.”
“The conclusion of 18 months of hard word is evident,” commented Anwar Sukkarie, President and CEO of WebTech Wireless. Mr. Sukkarie added: “Crown Telecom has demonstrated impressive business acumen with the signing of the partnership agreement with Volkswagen Brazil. This is the first consumer-based deployment that WebTech and Crown Telecom have successfully planned and initiated. The size of this purchase order is significant and WebTech is more than capable of delivering the products and services required to implement the system. Our partnership with Crown Telecom is strategic and we intend to utilize the same business model wherever feasible worldwide.”
Mr. Paulo S. Kakinoff – Sales and Marketing Director, Volkswagen Brazil made the following comments: “Volkswagen Brazil has declared last November as the initial date for system and service offering on the Volkswagen Golf models. Volkswagen Brazil has shown that our policy of introducing best-in-class services and products to our customers is effective and feasible. Simply put, driving a Volkswagen Golf is now safer and more secure.”
The owner of a new Volkswagen Golf model will be entitled up to a 40% discount on car insurance premium upon participating in this program. Crown Telecom is responsible for operating and offering the service in Brazil. The security and safety services could be expanded to include communication and entertainment applications. Such additions may be possible because of the flexibility and scalability of the WebTech products and services.
About Crown Telecom
Crown Telecom is the leading independent provider of Telematics solutions for the automotive industry serving markets in Brazil and other countries in South America. Crown’s Telematics services are designed to enhance the safety, security and driving experience for consumers while providing marketing and operational benefits to automobile manufacturers (OEMs) and their dealers. Crown Telecom pioneered one of the first Telematics service offerings in Brazil in 2003 and continues to be an innovator in the industry through the development and successful implementation of new Telematics services and applications.
About WebTech Wireless Inc.
WebTech Wireless Inc. (TSX VENTURE:WEW) is a global Wireless Services Provider that develops, manufactures, and delivers turnkey wireless solutions designed to improve productivity and profitability. WebTech products include wireless hardware and software services running on cellular and satellite networks, and include Automatic Vehicle Location, Mapping, Reporting, Vehicle Maintenance, Driver Status, In-vehicle Telemetry, Messaging, In-vehicle Navigation, and wireless application and Internet connectivity. WebTech is currently providing devices and services worldwide in over thirty-seven countries covering five continents. WebTech’s scalable solutions are used by a broad range of small, medium, Fortune 500 companies and governments.
About Volkswagen Brazil
Volkswagen Brazil is a subsidiary of Volkswagen Group. With over 50 years history in Brazil and over 15 million vehicles sold to date, Volkswagen Brazil is the most popular car manufacturer in Brazil. Volkswagen Brazil constitutes 9.5% of the Volkswagen Group and has been a pioneer in developing alternative fuel vehicles in addition to gasoline-powered cars and trucks.
This press release contains forward-looking statements involving risks and uncertainties pertaining to, but not limited to product plans, timing, content, and pricing of products, market and industry expectations, the wireless communications industry, the mobile fleet industry, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this press release, WebTech cannot guarantee that any forward-looking statements will be realized.
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