Leveraging the power of telematics to help individuals and businesses to manage their vehicles for over 31 years

SAN DIEGO, Calif. and PRETORIA , South Africa  – (May 29, 2017) Inseego Corp. (Nasdaq: INSG) – a leading global provider of software-as-a-service (SaaS) and solutions for the Internet of Things (IoT) – today announced that Ctrack by Inseego, a leading provider of global software-as-a-service (SaaS) and big data solutions concerned with vehicle tracking, fleet management and insurance telematics, is the recipient of the Capital Finance International (CFI) Most Innovative Fleet Management Solution Africa Award for 2016. The aim of the awards program is to identify true top performance, not only based on the size of the nominated organisation, but also on excellence.

Ctrack by Inseego was initially nominated by the readers and subscribers of CFI magazine. “After that, a CFI.co award selection panel used a wide range of criteria to help it reach its final decision, lending a critical eye of a collective 170 years of business journalism, corporate leadership and academia to the exhaustive information gathering of the award body’s own research team,” read a statement from CFI.

Leveraging the power of telematics, Ctrack by Inseego helps individuals and businesses manage their vehicles in over 55 countries worldwide. It is a premier supplier of fleet management services, meeting strong demand with a state-of-the-art technology platform that it developed in-house and represents over 31 years of accumulated experience. Ctrack by Inseego is widely recognized as a pioneer of fleet management, incorporating novel solutions that add value, while implementing refinements that add convenience.

Over 430,000 fleet and SMB telematics subscribers globally enjoy complete real-time visibility of their vehicles, including progress summaries and data on driver behavior. Effective fleet management enables businesses both large and small to save siginificantly on operational costs. Due to the operational efficiencies that the Ctrack by Inseego solution achieves, customers are able to make their operations up to 30% more efficient and save up to 20% on fuel and maintenance costs.

In addition to fleet management, Ctrack by Inseego provides telematics solutions for asset tracking, vehicle recovery, and usage-based insurance solutions. It has a recovery rate of over 95% of stolen and hijacked vehicles, including ones that have been driven across international borders.  Most vehicles take less than 30 minutes to recover.

“The CFI.co judging panel commends Ctrack by Inseego on its holistic and proactive approach to fleet management. The firm has established a solid track record and delivers consistent results. The judges are pleased to offer Ctrack the 2016 Most Innovate Management Solution Africa Award,” it stated.

“Companies have long been seeing the benefits of telematics by finding new ways to save money, boost efficiencies and generate additional revenue. Being firmly future-oriented, Ctrack by Inseego develops and uses the most technologically advanced vehicle monitoring and fleet management systems. With continued investment in research and development, we have designed fleet management solutions and user-friendly software, to ensure a perfect match with customers’ needs and requirements,” said Hein Jordt, MD of Ctrack by Inseego, South Africa.

About Inseego Corp.

Inseego Corp. is a leading global provider of software-as-a-service (SaaS) and solutions for the Internet of Things (IoT). The company sells its telematics solutions under the Ctrack brand, including its fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms. Inseego also sells business connectivity solutions and device management services. With over 31 years of experience, Inseego provides customers with secure and innovative solutions and analytics. Inseego currently serves approximately 620,000 global subscribers, including 187,000 fleet management subscribers. The company’s headquarters are located in sunny San Diego, California with additional offices worldwide. www.inseego.com; Twitter @inseego.

About Ctrack by Inseego

Ctrack by Inseego provides global telematics solutions including fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms.  Our operations span six continents in over 55 countries, with more than 430,000 subscribers worldwide. With over 31 years’ experience, we have been keeping mobile assets of consumers, small and mid-sized businesses and large enterprises visible – resulting in vehicle security, safer driving and more efficient fleet operations. We are committed to Inseego’s vision of being an innovative global solutions provider, simply connecting people with information. www.ctrack.co.za

Media Contact

For media related enquiries, please contact:

US Media Relations Contact:
Anette Gaven
anette.gaven@inseego.com

Leané du Plessis – South Africa

Public Relations and Content Specialist

Tel: 012 450 2222            Cell: 082 494 8594

E-mail: leanedp@ctrack.co.za