WABCO Expands Its Fleet Management Solutions Business With Major Deal in Saudi Arabia; Delivers on the Promise of Transics Acquisition BRUSSELS, BELGIUM -- (Marketwired) -- 07/14/14 -- WABCO Holdings Inc. (NYSE: WBC) (www.wabco-auto.com), a global technology leader and tier-one supplier to the commercial vehicle industry, announced today that its newly acquired fleet management solutions (FMS) company, Transics International, signed a groundbreaking contract with Saudi-Arabia based Almarai, one of the world's largest dairy companies. The contract marks the dynamic global expansion of Transics, a market leader in Europe, after WABCO acquired the company in February 2014. Transics will equip Almarai's entire long-haul vehicle fleet of more than 1,300 trucks with its industry-leading fleet management system, thereby, helping the food company to further enhance its fleet's safety performance and operational efficiency. Starting in August 2014, Transics will upgrade Almarai's trucks with advanced TX-SKY on-board computers and install its web-based back office system TX-CONNECT for efficient truck, driver, trailer and cargo management. Transics expects to furnish Almarai's entire fleet of long-haul trucks by the second quarter of 2015. "As a result of WABCO's strategic acquisition of Transics, customers can leverage the powerful combination of Transics' fleet management solutions with WABCO's commercial vehicle systems expertise, industry-leading safety and efficiency technologies and global reach," said Nick Rens, President, Trailer Systems, Aftermarket and Off-Highway Division. "With this contract, we are demonstrating Transics' ability to reach beyond its core market of Europe to deliver differentiating fleet management solutions to a large-scale commercial vehicle fleet operator in Saudi Arabia." Transics' Fleet Management Solution will enable Almarai to monitor its entire fleet of trucks in real time, using valuable information on location, route adherence, vehicle speed and delays to support key operating decisions. In addition, the system captures data on driver behaviors such as braking, speeding, signaling and evasive maneuvers. The Transics' solution now means that Almarai has a direct link between trucks, drivers and its home office. Furthermore, Transics' FMS offering seamlessly integrates with Almarai's own transport management software (TMS). 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. Contacts: Media contacts Tobias Mueller +49 89 470 2771 12 firstname.lastname@example.org Tinne Baele +32 57 34 61 71 email@example.com Investors and analysts contact Christian Fife +1 732 369 7477 firstname.lastname@example.org
WABCO Expands Its Fleet Management Solutions Business With Major Deal in Saudi Arabia; Delivers on the Promise of Transics
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