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July 30, 2015 1:15 PM ET

Communications Equipment

Company Overview of Intelligent Mechatronic Systems Inc.

Company Overview

Intelligent Mechatronic Systems Inc., a connected car technology company, specializes in the research and development of automotive telematics, automotive safety, and mobile media solutions. The company offers Young Drivers Intelligence, a smart driver education and coaching telematics product that helps in motivating an on-going, positive discussion between parents and new drivers in the household; DriveSync, a voice-powered service for in-car texting and infotainment; and iLane in-car infotainment solution that provides distraction-free and voice-powered access to business critical information and entertainment while on the go. It also provides a range of telematics business solutions comp...

435 King Street North

Waterloo, ON N2J 2Z5

Canada

Founded in 1999

Phone:

519-745-8887

Fax:

519-745-9774

Key Executives for Intelligent Mechatronic Systems Inc.

Founder, Chief Executive Officer, President and Director
Chief Financial Officer
Chief Corporate Officer
Chief Commercial Officer
Head of European Operations
Compensation as of Fiscal Year 2015.

Intelligent Mechatronic Systems Inc. Key Developments

Sanef ITS and Intelligent Mechatronic Systems Receive Road Usage Charge Contract from Oregon Department of Transportation

Sanef ITS and Intelligent Mechatronic Systems (IMS) announced that they have been awarded a road usage charge contract by the Oregon Department of Transportation (ODOT). Debuting on Oregon's roadways in July 2015, this distance-based road usage charging program is North America's first implementation of a mileage-based charging solution. Participants throughout the state of Oregon will have access to road usage charging, beginning July 1, 2015. All light-duty vehicles registered in Oregon are eligible.

Intelligent Mechatronic Systems Inc. Opens DriveSync Platform for Next Generation of Connected Car Services

Intelligent Mechatronic Systems Inc. unveiled the next generation of the DriveSync® connected car platform, which now enables partners to develop value-added solutions within the newly opened cloud based architecture. By unlocking the DriveSync platform to accept a diverse range of automotive ecosystem partners, any vehicle built after 1996 with an OBD-II port can immediately receive connected car services using IMS' plug-and-play technology through the DriveSync platform. Next Generation of DriveSync Connected Car Services: Examples of services and capabilities the DriveSync open platform now enables partners to tap into, include: Roadside Assistance: DriveSync technology seamlessly connects to third party roadside assistance providers to communicate vehicle location, the last known vehicle direction and key vehicle health data (including status of charging and cooling systems, fuel levels and active diagnostic trouble codes). Claims Management: The DriveSync platform can integrate into third party claims management systems to provide the estimated severity of an accident, the point of impact on the vehicle and the location of the vehicle post-accident to facilitate faster and more efficient claims processing. Incident Detection: Push notifications of suspected incidents to fleet managers, roadside assistance providers, insurance carriers and to external systems are now offered within the DriveSync platform. Upon confirmation, incident detection enables faster notifications to insurance carriers, which helps facilitate replacement vehicle information or towing services. For fleet managers, incident alerts can be used to trigger the dispatch of an alternate vehicle to ensure minimal disruption to overall fleet operations. Flexible Vehicle Options: The platform now supports heavy vehicles through the J1939 interface, as well as current OBD-II and professional installation options, providing the DriveSync platform with the widest range of in-vehicle options for telematics programs. Availability: Early adopter programs have already been underway. Interested automotive ecosystem partners can take advantage of IMS' DriveSync connected car platform starting today, by selecting from a broad range of open data services.

Sprint Teams with IMS to Offer Premium Turnkey Insurance Telematics Solution

Sprint announced that IMS UBI Intelligence is now available through its Integrated Insurance Solution portfolio for auto insurance customers, provided by Intelligent Mechatronic Systems (IMS). The interest in UBI continues to peak as insurance companies customize their in-vehicle offerings for broad consumer groups, such as everyday commuters, new drivers and commercial fleets. IMS UBI Intelligence offers insurers an accurate way to develop a drivers score (policy premium) based on their actual driving behavior, coupled with the ability to discover new, related revenue streams. These advantages are then passed along to consumers who may receive lowered auto insurance costs by choosing to plug a telematics device into their vehicle's port to measure driving data (distance travelled, vehicle braking and acceleration patterns). Due to the emerging benefits to drivers, Frost & Sullivan forecasts annual growth of the UBI market to be 36% per year, with the U.S. market reaching one million annual activations by 2017.

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