Networkfleet, Inc. Promotes Keith Schneider to CEO
SAN DIEGO, CA—January 4, 2010 — Networkfleet, a leader in wireless fleet management and a wholly owned subsidiary of Hughes Telematics, today announced that Keith Schneider has been promoted to the position of president and chief executive officer (CEO) of Networkfleet, Inc. In this expanded role, Schneider will continue to oversee all company operations as well as be more externally focused on activities involving customer and investor relations.
Schneider joined Networkfleet in April 2007 as president. Under Schneider’s leadership, the company has invested in and built out the infrastructure needed to scale the business and grow rapidly. In 2009, Networkfleet surpassed 100,000 subscriber vehicles in the U.S. The company rebranded itself from Networkcar to Networkfleet in 2008 to reflect its focus on the commercial and government fleet market. The company also moved into new, larger headquarters to accommodate its current and future growth.
"Keith has a clear strategic vision that he has been able to implement by building a great team, focused on tactical execution to drive growth at Networkfleet," said Jeffrey A. Leddy, CEO of Hughes Telematics, Networkfleet's parent company. "He has consistently demonstrated the operational and management abilities needed to achieve success in a dynamic growth market. The solid foundation and infrastructure that he has built provides an excellent platform for continued rapid growth."
"Networkfleet is in a great position for robust, sustainable growth, with a solid team and a strong product offering," said Schneider. "Working with the rest of the management team, I look forward to strengthening Networkfleet's leadership position in telematics solutions for the fleet market and capitalizing on emerging growth opportunities."
Prior to Networkfleet, Schneider served as vice president of indirect distribution for Sprint Nextel Communications, where he was responsible for the strategic direction and implementation of key programs and policies supporting Nextel's local and national third party indirect channels. Schneider began his Nextel career as a general manager in Southern California, launching and building one of Nextel's first and largest markets.
Schneider is a graduate of California State University, Fullerton, with a bachelor of science in international marketing and holds a masters of arts in management from John F. Kennedy University. He also participated in the Strategy Business Leadership Certificate program at Georgetown University's McDonough School of Business.
About Networkfleet
Networkfleet, Inc. is a leading provider of wireless fleet management services that improve fleet operating efficiency by reducing fuel consumption, maintenance expenses and vehicle emissions. The company’s technology combines patented remote diagnostic monitoring with GPS-based Automatic Vehicle Location (AVL) systems. With access to more than 50 patents issued or pending, the company received the 2008 AeA High Tech award and was a finalist in Connect’s 2008 Most Innovative Product Award for clean technology. Founded in 1999, Networkfleet is a wholly-owned subsidiary of Hughes Telematics, Inc. and is headquartered in San Diego, CA. For more information, please visit www.networkfleet.com.
About Hughes Telematics, Inc.
Hughes Telematics, Inc. (“HTI”) (OTCBB: HUTC and HUTCW) is a leader in implementing the next generation of connected services for the automobile. Centered on a core platform of safety and security offerings, the company develops and manages vehicle- and driver-centric solutions to enhance the driving and ownership experience. Headquartered in Atlanta, Ga., HTI offers a portfolio of consumer, manufacturer, fleet and dealer services provided through two-way connectivity to the vehicle. Networkfleet, Inc., a wholly owned subsidiary of HTI located in San Diego, Ca., offers remote vehicle diagnostics, an integrated GPS tracking and emissions monitoring system for wireless fleet vehicle management. Additional information about HTI can be found at www.hughestelematics.com.
Media Contact Info
Valerie Chereskin
Chereskin Communications
(760) 942-3116
valerie@chereskincomm.com
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