WebTech Wireless Announces the Appointment of SBTec as Exclusive Distributor for Brazil and Delivery of First 20,000 Units
Market Wire, June, 2008
WebTech Wireless Inc. (TSX: WEW), a leading provider of location-based and fleet Telematics services, is pleased to announce the appointment of SBTec S.A. as its exclusive Brazilian distributor in Brazil, with an initial delivery of 20,000 WT Locators.
SBTec, based in Belo Horizonte, MG, Brazil, is a new company whose principals have many years' experience in the Brazilian bus and transportation market. SBTec's significant investment in this venture includes a new, state-of-the-art head office and operations centre in Belo Horizonte, a sales office in Sao Paulo, and plans for sales and installation branches throughout the country. This infrastructure, paired with WebTech Wireless' proven WT Locators, and powerful Quadrant(TM) fleet management software application, provides an end-to-end solution for customers in a variety of industries requiring effective and efficient vehicle asset management. This solution incorporates full mapping, messaging and dispatching abilities, allowing customers to easily track and manage their fleet's performance against operational and environmental guidelines.
Additionally, SBTec and WebTech Wireless will continue to pursue opportunities in the Personal Automotive market, offering Brazilian automobile manufacturers assembly-line installation of WT Locators. This pairs WebTech Wireless' global experience in the Personal Automotive market with SBTec's local industry alliances and partnerships.
"The challenges that WebTech Wireless has witnessed in the Brazilian market over the past year are now well behind us," said Neil Chan, Senior VP Worldwide Sales & Marketing, WebTech Wireless Inc. "We are very proud of our new partner in Brazil, which has already proven their ability to deliver on all of their financial, technical and organizational commitments. The market has responded positively to our partnership and we have already added a significant number of new Brazilian subscribers to our existing subscriber base."
"SBTec was formed solely to respond to the high demand for telematics and location-based services in Brazil," said Iltom Carvalho, Director of Sales, SBTec S.A. "Our early sales confirm that this is a market with tremendous potential, which we are now very well positioned to service. Our partnership with WebTech Wireless combines tremendous telematics and fleet management know-how with our local knowledge of the Brazilian landscape. This solution is among the best in the world and we strongly believe it will take us to a position of market leadership in the very near future."
This Agreement underscores WebTech Wireless' commitment to providing customized solutions for a variety of industries around the world that depend on efficient and effective mobile resource management.
About WebTech Wireless Inc.
WebTech Wireless Inc. (TSX: WEW) is a global Telematics, location-based services provider that develops, manufactures, and delivers turnkey wireless solutions designed to improve productivity and profitability. WebTech Wireless products include wireless hardware and software services running on cellular and satellite networks, and include Automatic Vehicle Location, Mapping, Reporting, Vehicle Diagnostics, Driver Status, In-vehicle Telemetry, Messaging, In-vehicle Navigation, and wireless application and Internet connectivity. WebTech Wireless is currently providing devices and services worldwide in eight languages to over forty-one countries covering five continents. WebTech Wireless' scalable solutions are used by a broad range of small, medium and Fortune 500 companies and by governments. For more information, please visit www.webtechwireless.com .
About SBTec S.A.
SBTec S.A. is a new company formed and dedicated exclusively to provide solutions for the monitoring and management of vehicle fleets and freight. It is the exclusive distributor of WebTech Wireless Inc.'s products and services in the Brazilian market. Head offices are located in Belo Horizonte, MG, Brazil.
Trademarks are the property of their owners.
The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.
Contacts: WebTech Wireless Inc. Eric Wilson Press / Media Contact (778) 370-9609 Email: press@webtechwireless.com WebTech Wireless Inc. R. Joe Dhami Investor Relations Contact 1-877-811-4518 ext. 462 Email: ir@webtechwireless.com Website: www.webtechwireless.com SBTec Mr. Iltom Carvalho Press / Media Contact (+55) 31 3403-2668 or (+55) 31 3524-2100 Email: faleconosco@sbtec.info
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