AirIQ Launches Driver Behaviour Reporting
June 11 2014 - 4:00PM
Marketwired
AirIQ Launches Driver Behaviour Reporting
TORONTO, ONTARIO--(Marketwired - Jun 11, 2014) - AirIQ Inc.
(TSX-VENTURE:IQ) a supplier of wireless asset management services,
is pleased to announce a further enhancement to its suite of
available reporting modules with the launch of its driver behavior
report and dashboard. AirIQ fleet customers may now monitor
individual driver behavior patterns to encourage safety,
environmental responsibility and reduce costs. Using AirIQ's driver
behavior report, customers can easily identify specific behavior,
such as excessive speeding, harsh braking and rapid acceleration -
signaling potential areas of concern. Customers may then use this
information to encourage safe driving habits, thereby reducing
accidents and costly repairs; develop driver training programs
based on specific driving criteria; and identify and recognize safe
and valuable drivers.
In addition, AirIQ's
driver behaviour dashboard provides customers with a clear and
concise summary of their entire fleet, providing real time activity
of their mobile workforce. The dashboard automatically updates and
enables customers to immediately identify potential issues so that
they can reinforce responsible driving behavior or respond
immediately to a possible safety-related event.
"Many of our
customers in the oil and gas and construction markets have already
implemented the driver behavior report and dashboard in their
safety programs", stated Mike Robb, Interim President and Chief
Executive Officer of AirIQ. "This addition to AirIQ's suite of
vehicle location and management services offers customers even
greater visibility to their most valuable assets - their drivers
and their fleet vehicles", continued Mr. Robb.
About AirIQ
AirIQ currently
trades on the TSX Venture Exchange under the symbol IQ. AirIQ's
office is located in Pickering, Ontario, Canada. The Company offers
a suite of asset management services that generate recurring
revenues from each device deployed. AirIQ delivers services to two
primary markets: Commercial Fleets and dealers that service
Consumer segments. AirIQ provides vehicle owners with the ability
to monitor, manage and protect their mobile assets. Services
include: instant vehicle locating, boundary notification, automated
inventory reports, maintenance reminders, security alerts and
vehicle disabling and unauthorized movement alerts. For additional
information on AirIQ or its products and services, please visit the
Company's website at www.airiq.com.
Forward-looking
Statements
This news release
contains forward-looking information based on management's best
estimates and the current operating environment. These
forward-looking statements are related to, but not limited to,
AirIQ's operations, anticipated financial performance, business
prospects and strategies. Forward-looking information typically
contains statements with words such as "hope", "goal",
"anticipate", "believe", "expect", "plan" or similar words
suggesting future outcomes. These statements are based upon certain
material factors or assumptions that were applied in drawing a
conclusion or making a forecast or projection as reflected in the
forward-looking statements, including AirIQ's perception of
historical trends, current conditions and expected future
developments as well as other factors management believes are
appropriate in the circumstances. Such forward-looking statements
are as of the date which such statement is made and are subject to
a number of known and unknown risks, uncertainties and other
factors, which could cause actual results or events to differ
materially from future results expressed, anticipated or implied by
such forward-looking statements. Such factors include, but are not
limited to, changes in market and competition, technological and
competitive developments and potential downturns in economic
conditions generally. Therefore, actual outcomes may differ
materially from those expressed in such forward-looking statements.
Forward-looking statements are provided for the purpose of
providing information about management's current expectations and
plans relating to the future. Readers are cautioned that such
information may not be appropriate for other purposes. Other than
as may be required by law, AirIQ disclaims any intention or
obligation to update or revise any such forward-looking statements,
whether as a result of such information, future events or
otherwise.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
AirIQ Inc.Michael RobbChief Financial Officer(905) 831-6444,
Ext. 4371mrobb@airiq.comwww.airiq.com
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