WABCO Forms Strategic Alliance with SmartDrive Systems to Extend Innovative Safety and Efficiency Solutions to Commercial

WABCO Forms Strategic Alliance with SmartDrive Systems to Extend Innovative 
Safety and Efficiency Solutions to Commercial Vehicle
Fleets in North America 
- WABCO expands into fast-growing fleet management solutions market
in North America 
- Innovative products and analytics services help fleets to lower
fuel consumption, reduce collisions, and increase operational
03/24/14 -- WABCO Holdings Inc. (NYSE:WBC) (www.wabco-auto.com), a
leading global supplier of technologies to improve the safety and
efficiency of commercial vehicles, today announced that it has formed
a strategic alliance with SmartDrive Systems, a leader in performance
management solutions that help fleets to lower fuel consumption and
reduce collisions. This new alliance enables WABCO to expand its
fleet management solutions to commercial vehicle fleets in North
WABCO made the announcement leading up to the 2014 Mid-America
Trucking Show (MATS), one of the largest heavy duty trucking industry
events in the world, held from March 27-29, 2014, in Louisville,
Kentucky (USA). 
WABCO and SmartDrive Systems will integrate their breakthrough
products and services to enhance the safety and efficiency of
commercial vehicle fleet operators in North America. For example,
SmartDrive Systems fleet customers have reported collision cost
reductions of up to 70 percent after the first year and fuel savings
of up to 10 percent, while WABCO's OnGuard(TM) collision mitigation
system so far has been protecting customers collectively for more
than 6 billion miles in North America. 
This new alliance will promote WABCO's award-winning SmartTrac(TM)
stability control and OnGuard(TM) collision mitigation systems among
other innovations proven to help fleets meet increasingly stringent
safety requirements in an economically challenged industry.
SmartDrive Systems' first of its kind open and extensible platform
integrates information from data-rich vehicle systems such as WABCO's
advanced braking and stability control technologies into its
offerings in real-time. By leveraging this information, it offers
fleet operators valued insights into driving events to determine what
happened, when and why vehicle safety systems engaged, and the
potential root causes of safety-related incidents. 
As an industry leader in fuel management and driver safety,
SmartDrive Systems offers video-based driving performance insights
and analytics. This information can help fleets to reduce risky
driving maneuvers that lead to collisions and drive up operational
costs - and sustain those results over time. SmartDrive Systems
maintains a database of more than 70 million analyzed risky driving
events that power predictive analytics and real-time risk
New products and fleet management services arising from the strategic
alliance are expected to unlock the untapped value of information
gained from vehicle safety technologies, providing fleet customers
with a greater return on their vehicles' safety and efficiency
investments. Anticipated benefits include administrative time
savings, fewer cargo compensation claims, lower accident repair
costs, better insurance rates and lower fuel bills. 
"We are excited to partner with SmartDrive Systems as we further
execute WABCO's strategy to extend our fleet management solutions to
commercial vehicle fleet operators in North America," said Nik Varty,
President, WABCO Americas. "The integration of comprehensive
real-time data gathered from WABCO's data-rich onboard advanced
braking, stability control and efficiency systems - together with
SmartDrive Systems' video-based driver performance management systems
and data analytics services - will create significant value for fleet
customers. This alliance offers fleet owners and operators an avenue
to reduce fuel consumption, improve operational productivity, and
further increase vehicle safety." 
"Commercial vehicle fleet operators are struggling to gain value from
the significant volumes of data generated by their on-board safety
technologies - it's often fragmented and difficult to access quickly
when safety-related events occur," said Steve Mitgang, CEO,
SmartDrive Systems. "By taking advantage of SmartDrive's
open-platform approach and the solutions we will deliver through this
alliance, we will provide a unified view of driving information that
measures the broadest spectrum of risk. This will enable fleets to
quickly understand the nature and potential root cause of their
exposure and measurably reduce that risk over time." 
Sales, distribution and customer support for the products featured
within the partners' alliance framework will be provided in North
America by Meritor WABCO, the joint venture between WABCO Holdings
and Meritor Inc. 
"Today's announcement follows WABCO's recent acquisition of Transics
International," said Nick Rens, WABCO Executive Officer and Vice
President, Trailer Systems, Aftermarket and Off-Highway. "Both
initiatives represent key milestones for WABCO as it continues to
execute on a global strategy to extend our fleet management solutions
to commercial vehicle fleet operators worldwide." 
WABCO acquired Transics International, a market leader in Europe, for
EUR 111.1 million (USD 152 million) a month ago. Transics
International provides seamless fleet management solutions that help
commercial vehicle fleet operators to effectively and more
efficiently manage their trucks, trailers, drivers, cargo and orders
in real-time. Transics International serves more than 1,300 road
transport and logistics companies across Europe connecting over
85,000 vehicles. 
WABCO at MATS 2014: Booth 32805 in the South Wing  
Kentucky Exposition Center, Louisville, Kentucky, March 27-29, 2014  
OnGuard(TM) collision mitigation system "Ride-N-Drive," March 26-28,
2014 (sign up at WABCO booth 32805) 
About WABCO 
WABCO (NYSE:WBC) is a leading global supplier of technologies and
control systems for the safety and efficiency of commercial vehicles.
Founded nearly 150 years ago, WABCO continues to pioneer breakthrough
electronic, mechanical and mechatronic technologies for braking,
stability and transmission automation systems supplied to the world's
leading commercial truck, bus and trailer manufacturers. With sales
of $2.7 billion in 2013, WABCO is headquartered in Brussels, Belgium.
For more information, visit www.wabco-auto.com.  
About SmartDrive Systems 
SmartDrive Systems gives fleets and drivers unprecedented driving
performance insight and analysis, helping save fuel, expenses and
lives. Its video analysis, predictive analytics and personalized
performance program help fleets improve driving skills, lower
operating costs and deliver significant ROI. With an easy-to-use
managed service, fleets and drivers can access and self-manage
driving performance anytime, anywhere. The company has compiled the
world's largest storehouse of more than 70 million analyzed
risky-driving events. SmartDrive Systems is based in San Diego,
Calif., and employs more than 400 people worldwide. For more
information, visit www.smartdrive.net.
WABCO media contact
Dick Pacini
+1 248 770 6446
Tobias Mueller
+49 69 7191 6834
SmartDrive Systems media contact
Olga Walsh
+1 619 234 0345
WABCO investors and analysts contact
Christian Fife
+1 732 369 7465
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