Software offers green solution for fleet vehicles.
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Press Release Summary:
ServiceIQ location-based solution employs suite of eco-friendly features and reporting capabilities that enable fleet operators to reduce fuel consumption and harmful vehicle emissions. This is accomplished via route optimization, reduced engine idle times, effective speed monitoring, and vehicle maintenance regulation. Along with fleet activity and work day summary reports, software includes features for automated inventory, destination tracking, and stationary status.
Original Press Release:
AirIQ Offers GREEN Solution for Fleet Vehicles
Eco-friendly solution reduces fuel costs, increases profits
TORONTO, ONTARIO - September 11, 2007 - AirIQ Inc. (TSX: IQ), a leader in Wireless Location Services, specializing in Telematics and Security, today announced that its ServiceIQ solution enables fleet operators to improve the efficiency and environmental performance of their fleets, resulting in a reduction in fuel costs and harmful emissions.
"Our customers have a strong interest in reducing their impact on the environment," explained Anne Taylor, Vice President of AirIQ's Commercial Fleet Division, "and we have responded to this need by offering a 'Green Suite of Services' that meets this goal while offering substantial bottom-line savings."
Steve Willey, AirIQ's Chief Executive Officer added, "This initiative is consistent with our commitment to drive new and high-value services from the proven AirIQ common telematics platform."
ServiceIQ's location-based solution employs a suite of eco-friendly features and comprehensive reporting to enable fleet operators to reduce fuel consumption and harmful vehicle emissions through route optimization, reduced engine idle times, effective speed monitoring and the performance of vehicle maintenance at the optimum time.
Other key features and functions of the ServiceIQ solution include:
o Automated inventory (knowing the location of assets at pre-established times)
o Destination tracking (knowing the status and route of service vehicles)
o Stationary status (knowing when vehicle assets are unproductive)
o Fleet activities summary reports (including graphical representation comparing performance of assets)
o Fleet work day summary (first destination leave and last destination arrive with all event details, summarizing total and average working hours for each asset.
About AirIQ
AirIQ trades on the Toronto Stock Exchange under the symbol IQ. A leader in Wireless Location Services, specializing in Telematics and Security, AirIQ is headquartered in Pickering, near Toronto, Canada, with an office in San Diego, California, U.S.A. The Company operates as a wireless Internet applications service provider specializing in location-based services. AirIQ's services are offered to three primary markets: Commercial Fleets; Consumer; and Marine Fleets. AirIQ gives vehicle and vessel owners the abilities to manage and protect their mobile assets. AirIQ's services include: vehicle locating, boundary notification, automated inventory, maintenance reminders, security alerts, vehicle disabling, unauthorized movement alerts and many more features. For additional information on AirIQ or its products and services, please visit the Company's website at www.airiq.com.
For more information please contact
AirIQ Inc.
Anne Taylor
Vice President, Commercial Fleet Division
(905) 424-0967
ataylor@airiq.com
