FleetMatics and FleetCor to Launch Branded Fuel Card, Enabling GPS Tracking Users to Better Control Fuel Usage and Costs
The FleetMatics Universal Premium Fleet Card extends FleetMatics’ Fuel Card Reporting capabilities to provide complete visibility; from individual transaction to total fuel spend
ARLINGTON HEIGHTS, IL (December 6, 2011) – FleetMatics, a leading global provider of fleet management solutions for commercial fleet vehicles, announced today that the company and FleetCor Technologies, Inc. (NYSE: FLT), a global provider of specialized payment products and services to businesses, have agreed to launch the FleetMatics Fuel Card, a Universal Premium Fleet Card. The fuel card fully integrates with FleetMatics’ GPS Tracking System and works in tandem with FleetMatics’ Fuel Card Reporting application to create detailed transaction and usage reports by either individual vehicles or the entire fleet.
According to FleetMatics CEO Jim Travers, “Our FleetMatics GPS Tracking System and suite of Fuel Card Reports have always provided commercial fleet owners with an easy, cost-effective way to improve driver productivity and reduce fuel usage. Now, with the new FleetMatics Fuel Card, owners and managers can gain complete visibility and control over fuel usage and related expenses. Our arrangement with FleetCor allows us to deliver flexible billing and payment options, personal assistance and training to optimize controls and savings, and strong, customizable purchasing controls that can help avoid any incidence of abuse or theft.”
Jeff Lamb, FleetCor’s EVP of U.S. Sales and Marketing, commented, “FleetCor is excited to be providing FleetMatics with fuel cards that integrate seamlessly with FleetMatics’ GPS solution. We believe that fuel card integration provides a superior service to FleetMatics’ customers by offering complete visibility into vehicle and driver performance and behavior. This enhanced insight and reporting is expected to yield an even faster payback to companies operating both large and small fleets.”
About FleetMatics
FleetMatics is a leading global provider of fleet management solutions for small and medium-sized businesses delivered as software-as-a-service (SaaS). The company’s solutions offer real-time insight into vehicle activity that reduces operational costs and improves customer service. FleetMatics now serves over 14,000 customers, has installed more than 200,000 vehicles worldwide and is adding thousands of vehicles monthly. Its SaaS and mobile application gives businesses anytime access to real-time data about their business.
The company’s world headquarters are in Ireland, with U.S. headquarters in the Boston area and additional offices in Atlanta, Chicago, Charlotte, Clearwater, and Phoenix. FleetMatics is the parent company of SageQuest. For more information, visit www.fleetmatics.com or call 866-844-2235.
About FleetCor
FleetCor, The Global Fleet Card Company, is a leading independent global provider of specialized payment products and services to businesses, commercial fleets, major oil companies, petroleum marketers and government entities. FleetCor's payment programs enable businesses to better manage and control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. FleetCor serves commercial accounts in North America, Latin America, Europe, Africa and Asia. For more information, please visit www.fleetcor.com
Contact:
Brendan Sullivan, Vice President, Global Marketing
(847) 463-7667
brendan.sullivan@fleetmatics.com