Digicore clinches R150 million satellite tracking deal

May 2000 Asset Management, EAS, RFID

After months of extensive negotiations, Digicore Holdings, South Africa's leading distributor of fleet management systems, has secured a R150M deal for 19 000 C-Track satellite tracking devices to be fitted to Debis vehicles outsourced by Telkom.

This landmark deal includes numerous benefits for all stakeholders. The deal not only ensures a doubling of turnover for Digicore but it will also enable the group to far exceed set out targets. The deal will also see the expansion of annuity income for the duration of the contract.

"We foresee the expansion of the fleet management industry through this multimillion rand deal," explains Deon Coetzee, Executive Director of Digicore. "Not only through the creation of jobs but also by reinvesting revenue into research and development in staying ahead of technology worldwide."

Digicore's innovative technology will ensure substantial decreases in vehicle maintenance cost by providing Debis Fleet Management with 24 h, seven days a week vehicle tracking and usage information. Additional features include the monitoring of oil pressure, temperature and water levels which will secure minimal engine failures. "In essence, C-Track will be the eyes and the ears of Debis' fleet," notes Coetzee.

By utilising C-Track information, Telkom can now increase service levels to customers by effective route planning and personnel utilisation. This will ensure outstanding productivity for Telkom, incorporating the single largest fleet of vehicles in southern Africa.

"Through our continued research and development, as well as total commitment to customers such as Debis and Telkom, Digicore maintains world leadership in fleet management and information technology," Coetzee concludes.

For details contact Nick Vlok,

Group Managing Director

Digicore Holdings

tel: (012) 346 1524

fax: (012) 346 1530

or

Deon Coetzee

Executive Director

Digicore Fleet Management

tel: (012) 346 1524

fax: (012) 346 1530.





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