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Joshua Haims Joins Networkcar as Vice President of Finance
HIGH-TECH INDUSTRY EXECUTIVE BRINGS SOLID BACKGROUND IN SENIOR FINANCE AND OPERATIONS
SAN DIEGO, CA, September 23, 2008 —Networkcar®, a leader in wireless fleet management, today announced the addition of Joshua Haims as vice president of finance. In this role, Haims will drive all financial activities for the organization, shape the long term strategy of Networkcar, and further develop day to day tactics.
Haims brings strong leadership experience in diverse corporate settings ranging from start-ups such as Global Centric Networks and Slopecycle to established companies like IBM, Bloomingdales, and KPMG Peat Marwick. He has a proven track record of successfully managing SOX implementation and compliance, SEC reporting, capital acquisitions, capital management, financial planning and analysis, product development, strategic business development, as well as system design and implementation.
"I am very excited to have Joshua join the management team. He brings a solid, well-rounded background to Networkcar and is very enthusiastic about his ability to contribute to our success," said Keith Schneider, president of Networkcar. "He will play a critical role in supporting our infrastructure as we continue to build our business and evolve into a public company."
Haims holds a Bachelor of Science degree in accounting and finance from Tulane University's A. B. Freeman School of Business and is a certified public accountant.
About Networkcar
Networkcar's (www.networkcar.com) is a leading provider of wireless in-vehicle technology that combines patented remote diagnostic systems with GPS-based Automatic Vehicle Location (AVL) technology. Networkcar's wireless fleet management solution, Networkfleet®, improves efficiency while reducing fuel consumption, maintenance expenses and vehicle emissions. With more than 50 patents issued or pending, the company received a 2006 American Business Award for Most Innovative Company and a 2006 Frost & Sullivan Technology Innovation Award for Wireless Emissions Monitoring. Founded in 1999, Networkcar is a wholly-owned subsidiary of HUGHES Telematics, Inc. and is headquartered in San Diego, CA.
About HUGHES Telematics
HUGHES Telematics (www.HUGHEStelematics.com) 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., HUGHES Telematics offers a portfolio of consumer, manufacturer, fleet and dealer services provided through two-way broadband connectivity to the vehicle. HUGHES Telematics and Polaris Acquisition Corp (AMEX: TKP.U) have agreed to an all stock merger which, upon satisfaction of certain closing conditions, will result in HUGHES Telematics stockholders and management becoming the controlling stockholders and management of Polaris.
Media Contact:
Valerie Chereskin
Chereskin Communications
(760) 942-3116
valerie@chereskincomm.com
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