JOHANNESBURG, February 16, 2015 /PRNewswire/ --
MiX Telematics, a leading global provider of fleet and mobile asset management solutions, has achieved a significant milestone in the telematics industry, by surpassing more than 500,000 subscribers globally. The news was communicated by the company's CEO, Stefan Joselowitz, during the recent earnings call held last week.
Joselowitz said that the company's growth to date - particularly the achievement of half-a-million subscribers - is strong evidence that MiX Telematics is indeed one of the largest telematics providers in the world. "MiX Telematics remains the only provider that has effectively scaled global operations, delivering ongoing value to customers around the world," he says.
"While we're excited about reaching this milestone, we are more committed than ever to delivering premium products and services to our valued customers," says Joselowitz.
Over the past quarter, achievements within the MiX Telematics business include major wins in South America and Southern Africa. In gearing for growth, the company also launched its new software platform in 2014 and is in the process of migrating existing customers to the new platform whilst adding further functionality to allow entry into new verticals.
In closing, Joselowitz added, "Relationships are a core value of our business, and I want to thank our loyal customers, suppliers and staff for their role in our success."
About MiX Telematics
MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers in over 120 countries. The company's products and services provide enterprise fleets, small fleets and consumers with solutions for efficiency, safety, compliance and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT). For more information visit http://www.mixtelematics.com.
Contact information
Leanne Jory
Marketing Communications Manager
MiX Telematics (International)
E-mail: leanne.jory@mixtelematics.com
Tel: +27-(0)21-880-5601