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| [January 24, 2013] |
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TomTom and LoJack Form Strategic Alliance to Deliver Fleet Efficiency and Protection to More Businesses
AMSTERDAM --(Business Wire)--
TomTom (News - Alert) Business Solutions has joined forces with stolen vehicle recovery
specialist LoJack to expand the North American distribution network for
its market-leading fleet management technology.
LoJack will market, sell and support TomTom's range of fleet management
solutions through its extensive dealership network, helping businesses
become more efficient, cut costs and improve customer service.
"This strategic alliance enables both companies to strengthen their
position as best-in-class providers of automotive technology," said
Thomas Schmidt, TomTom Business Solutions, Managing Director.
"LoJack's far-reaching market presence will introduce TomTom's fleet
management technology to new business markets in North America and
enable existing LoJack customers to benefit from a full fleet management
solution."
TomTom offers market-leading solutions for fleets, including its SaaS
fleet management platform, smart navigation and tools for optimizing
fuel consumption and workflow management.
"Significant market opportunities exist with the connected car," said
Randy L. Ortiz, President and CEO of LoJack Corporation.
"Working with TomTom will enable us to have a unique and important
position in this market by leveraging our complementary capabilities.
Together we can develop products and services for new and existing
markets, delivering increased value for customers and partners."
More than 19,000 companies worldwide rely on TomTom fleet management to
monitor and manage the activities of their vehicles and mobile
operations.
At the heart of the TomTom Business Solutions offering sits online fleet
management application WEBFLEET, an award-winning SaaS (News - Alert) solution recently
certified for IS 27001, guaranteeing the highest standards of
reliability and data security.
ENDS
Notes to the editor
LoJack will sell the TomTom Business Solutions standard range of
WORKsmart solutions: TomTom PRO, TomTom LINK 510, TomTom WEBFLEET,
ecoPLUS as well as the LIVE services including HD Traffic.
About TomTom
Founded in 1991, TomTom (TOM2) is the world's leading supplier of in-car
location and navigation products and services focused on providing all
drivers with the world's best navigation experience.
Headquartered in Amsterdam, TomTom has 3,500 employees and sells its
products in over 40 countries. Our products include portable navigation
devices, in-dash infotainment systems, fleet management solutions, maps
and real-time services, including the award winning TomTom HD Traffic.
For the world's most up-to-date route planner, including live traffic
information, go to www.tomtom.com/livetraffic. For
further information, please visit www.tomtom.com.
About TomTom Business Solutions
TomTom Business Solutions is a leading provider of fleet management
solutions and professional telematics Services. Our in-car products are
designed to help drive greener, safer and more efficiently. Our online
platform, WEBFLEET, is highly scalable and has the highest standards in
terms of reliability and security.
For further information, please visit business.tomtom.com
Follow us on Twitter (News - Alert) @TomTomBusiness
About LoJack
LoJack Corporation (NASDAQ: LOJN), the company that has helped more than
nine million people protect their vehicles in the event of theft over
the past 25+ years, today provides safety, security and protection for
an ever-growing range of valuable assets and people. Leveraging its core
strengths, including its well-known brand, direct integration with law
enforcement and dealer distribution network, LoJack Corporation is
expanding into new areas across the continuum from theft deterrence to
recovery. The company is focusing on creating a new level of value for
its dealer, customer and investor communities by delivering innovative
offerings, multiple technologies in expanding geographies. For more
information, visit www.lojack.com,
www.autotheftblog.com,
www.youtube.com/lojack,
www.twitter.com/LoJackCorp
or www.Facebook.com/LoJackCorp.

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