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NETWORKFLEET RECEIVES 2008 AeA HIGH TECH AWARD
Awarded for innovative technology, civic contributions and industry achievements
SAN DIEGO, CA, November 12, 2008 Networkfleet®, a leader in wireless fleet management, today announced that it has won the 2008 AeA High Tech Award in the category of communications products and services from the San Diego Council of AeA, the nation's largest high tech trade association. Networkfleet received the award on October 31, 2008, at an AeA awards luncheon.
Networkfleet was chosen for its 3500 product line, a wireless fleet management system that remotely monitors the performance and location of fleet vehicles. Networkfleet's patented system reads real-time diagnostics from the vehicle's engine, giving fleet managers the ability to continuously monitor fuel consumption, speed and emissions status for all of their vehicles. By reducing fuel reduces emissions, fleets using Networkfleet can "go green" while lowering operating expenses.
"Networkfleet has been growing rapidly due to our distinct ability to help fleets reduce fuel costs, lower emissions and improve operating efficiency. This award reflects the hard work and dedication of our entire team," said Keith Schneider, president of Networkfleet. "Our continuing innovation stems from our resourceful team’s ability to exceed expectations while responding to customer and market needs in this dynamic environment."
This year marked the 15th anniversary of the San Diego High Tech Awards. More than 500 technology executives and government officials, including AeA members and non-members, came together to recognize the successes of local technology companies from a diverse set of categories. The pool of outstanding companies included many first time nominees, demonstrating the growth and strength of the technology cluster in San Diego.
"This year's AeA High Tech Awards were a huge success, and we are thrilled with the companies selected as award winners in their categories," said Kevin Carroll, AeA executive director. "Those selected are a true reflection of the high level of innovative, influential companies in the San Diego region."
About AeA
AeA, founded in 1943, is a nationwide non-profit trade association that represents all segments of the technology industry and is dedicated solely to helping our members’ top line and bottom line. We do this in partnership with our small, medium, and large member companies by lobbying governments at the state, federal, and international levels, providing access to capital and business opportunities, and offering select business services and networking programs. For more information, please visit http://www.aeanet.org.
About Networkfleet
Networkfleet (www.networkfleet.com) 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 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, Networkfleet, formerly known as 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) 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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