ERD
14/05/2015 15:16
GENERAL
PRICE SENSITIVE
REL: 1516 HRS EROAD Limited
GENERAL: ERD: EROAD reaches 25,000 connections or "Units on Depot"
Media release: EROAD reaches 25,000 connections or "Units on Depot"
Auckland 14 May 2015 EROAD Limited (NZX:ERD) announced today that earlier
this week EROAD reached 25,000 units connected to its Depot platform. ("Units
on Depot").
"The pace at which fleet owners are trialling and adopting EROAD's services
shows they want a solution that is accurate and easy to use that can help
them with taxes and compliance as well as improving fleet performance," said
Steven Newman CEO. "EROAD's ability to offer a rental option to its
customers in Oregon, USA has certainly helped us achieve this important
milestone of 25,000 units" he said.
EROAD has now grown to 25,000 Units on Depot, up from 13,453 at 31 March
2014.
"We believe we are well placed to continue our growth given the strong
support we are seeing from our customers in Oregon and New Zealand," Newman
said. "We expect to see many more fleet owners upgrade from traditional
paper-based systems in the coming months and years."
On 28 May 2015, EROAD will release its first full year results for the year
ending 31 March 2015.
For further information contact:
Steven Newman
Chief Executive Officer
EROAD Limited
DDI: 09 927 4713
Email: [email protected]
www.eroad.co.nz
About EROAD
EROAD is a leading transport technology and services company, headquartered
in Auckland, New Zealand, with offices in Portland, Oregon, and Melbourne,
Australia. EROAD's in-vehicle technology and global electronic platform
provides heavy transport operators with automated solutions to manage and pay
road user charges, to meet regulatory and compliance obligations, and to
provide a range of commercial services. EROAD is a public company, listed on
the NZX. In 2014 it was ranked 35th in the Deloitte Fast 50. www.eroad.com
ENDS
End CA:00264322 For:ERD Type:GENERAL Time:2015-05-14 15:16:42
