VisTracks Teams With Micronet to Deliver DOT-Compliant Solutions
LISLE, Ill. – May 31, 2015 – VisTracks, Inc. the leading provider of cloud, tablet and smartphone-based managed services solutions for DOT Hours Of Service, today announced that it has partnered with Micronet Ltd, the mobile Resource Management (MRM) subsidiary of Micronet Enertec Technologies Inc (NASDAQCM: MICT) to offer VisTracks’ SnapTraq™ Hours of Service suite of services with Micronet’s industry-leading A317 All-in-One tablet and other ruggedized models designed for use in heavy duty vehicles, to comply with DOT Federal Motor Carrier Safety Administration regulations.
SnapTraq Hours Of Service is a real-time, tablet and Web-hosted telematics application for managing and monitoring commercial trucking fleet vehicles and their drivers. The service is compliant with current and proposed government regulations for electronic logs and vehicle driver hours of service.
The Micronet A317 platform is a rugged, Android™ based cabin-mount tablet that offers advanced functionality at a competitive price. As one of Micronet’s new generation tablets, the A317 combines innovative technology with a ‘fit-for-purpose’ product design. This versatile, vehicle-centric platform is available as a complete All-in-One platform with a wireless cellular modem and other connectivity features, or as a Base Model solution to interface with a third party telematics unit (Automatic Vehicle Location or Black-Box unit).
The combined tablet/software solution – available through VisTracks’ and Micronet’s distributors and cellular carriers, provides an easy-to-use tablet app synchronized with the back-office portal. Enhancements include support for multiple drivers and vehicles, customized vehicle inspection features, disconnected logging, and warning of impending violations, both on tablet and back-office portal. The service is fully white-labeled, with several brandable features. Optional service enhancements include engine data reporting and electronic work orders.
“SnapTraq Hours of Service is the perfect combination of tablet and back-end portal software technologies to ensure drivers and their companies are fully compliant with complex DOT and state requirements,” said Abe Levine, VisTracks’ Chief Operating Officer. “In this very high growth market, we believe that we provide unique enhancements to lighten the logging burden and make the experience far more satisfying for both drivers and transportation companies. In addition, our app’s ease of use enables drivers to concentrate on driving, not trying to be technical experts.”
“We’re pleased to be working with VisTracks to leverage the power and effectiveness of our A317 and the rest of our product line,” said Micronet Chief Executive Officer, Shai Lustgarten. “Fleet companies and drivers need tablets inside the vehicle that can withstand the rigors of heavy duty driving and job sites while being as easy to use as a smart phone. By capturing and delivering data to SnapTraq, Micronet is helping transportation providers meet strict regulatory requirements and optimize fleet operations.”
About Micronet Enertec Technologies, Inc.
Micronet Enertec Technologies, Inc. (NASDAQCM: MICT) operates through two companies, Enertec Systems 2001 Ltd (“Enertec”), its wholly-owned subsidiary, and Micronet Ltd (“Micronet”), in which it has a controlling interest. Micronet operates in the growing commercial Mobile Resource Management (MRM) market, mainly in the United States. Micronet designs, develops, manufactures and sells rugged mobile computing devices that provide fleet operators and field workforces with computing solutions in challenging work environments. Enertec operates in the Defense and Aerospace markets and designs, develops, manufactures and supplies various customized military computer-based systems for missile defense systems, command and control and others. The Company’s products, solutions and services are designed to perform in severe environments and battlefield conditions. For more information, please visit: www.micronet-enertec.com the content of which is not incorporated by reference into this press release.
Headquartered in Lisle, Illinois, VisTracks is a leader in the rapidly emerging field of M2M applications and managed services. The company’s roots are in academic research and government contracting, starting with a unique Web 2.0 geospatial platform technology centered on a statistical engine, a breakthrough innovation. Today, the company has a thriving commercial practice, employing staff in the US and overseas, and featuring partnerships with several regional wireless carriers in continental United States and abroad as well as established service providers to companies with fleets of all sizes. For more information, visit www.snaptraq.com.
This press release contains express or implied forward-looking statements made by Micronet within the Private Securities Litigation Reform Act of 1995 and other U.S. Federal securities laws. These forward-looking statements include, but are not limited to, those statements regarding market acceptance of Micronet’s line of tablets to provide solutions to many different applications, demand for Micronet’s tablets by fleet companies, Micronet’s ability to help transportation providers to meet regulatory requirements, and capturing business in the local fleet vertical. Such forward-looking statements and their implications involve known and unknown risks, uncertainties and other factors that may cause actual results or performance to differ materially from those projected. The forward-looking statements made by Micronet and contained in this press release are subject to other risks and uncertainties, including those discussed in the “Risk Factors” section and elsewhere in Micronet Enertec Technologies’, (Micronet’s parent company) annual report on Form 10-K for the year ended December 31, 2014 and in subsequent filings with the Securities and Exchange Commission. Except as otherwise required by law, Micronet Enertec Technologies is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.