Share
- Release Date: 16/02/12 10:30
- Summary: GENERAL: ZEL: Alliance agreement signed with technology innovator EROAD
- Price Sensitive: No
- Download Document 2.97KB
ZEL
16/02/2012 08:30
GENERAL
REL: 0830 HRS Z Energy Limited
GENERAL: ZEL: Alliance agreement signed with technology innovator EROAD
16 February 2011
Z Energy signs alliance agreement with technology innovator EROAD
New Zealand's largest fuel supplier, Kiwi-owned Z Energy, today announced it
has entered into an alliance agreement with Auckland-based transport
technology company EROAD.
EROAD was established to modernise New Zealand's paper based Road User Charge
(RUC) regime. The EROAD solution encompasses a GPS/cellular product combined
with an internet RUC management and payment gateway. In addition EROAD
offers an extensive range of web based value-added services to commercial
transport operators to monitor key business drivers including fuel
consumption, driver compliance, fleet maintenance and road safety.
EROAD was established in 2000 and develops and manufactures both software and
hardware in-house at its headquarters in Albany. CEO Steven Newman was
previously the CEO of Navman and led EROAD to two New Zealand Hi-Tech awards
in 2010. EROAD currently provides technology services to over 800 commercial
fleets in New Zealand across a range of industries.
Z Energy Chief Executive Mike Bennetts said the alliance with EROAD was a
part of Z's commitment to innovation, sustainability and to finding new ways
of adding value to commercial and retail customers and helping them cut their
fuel bills.
"We're really pleased to be partnering with an innovative, Kiwi company.
EROAD have developed some incredibly smart technology and over the coming
months we will be working closely together to develop better ways of doing
business that can directly benefit our customers and make their lives
easier," he said.
"Additionally, as part of our position on sustainability, we're committed to
helping our customers reduce their fossil fuel use and the associated carbon
emissions. To put it bluntly, we see this alliance with EROAD as a key to
helping our customers use less of our existing products."
EROAD Chief Executive Steven Newman said the alliance with Z was an
acknowledgement of the potential future applications of the technology.
"We are already simplifying the business of road transport and making it
safer and more efficient for trucking and freight companies across the
country. We're really excited at the opportunities this partnership provides
for us to continue to develop customer transport technology across the
commercial and retail markets.
"We have chosen to partner with another Kiwi company that is committed to
delivering value to customers in new ways. There's been a real lack of
innovation in New Zealand in the road transport space and we're confident
that with Z's commitment to New Zealand and willingness to think outside the
square, we will soon be able to jointly deliver better customer offers and
experiences on the forecourt, on the roads and in the workplace."
Jonathan Hill: 021 440 090, 04 498 0212
End CA:00219562 For:ZEL Type:GENERAL Time:2012-02-16 08:30:05