RNS Number : 1313B
Eagle-I Holdings PLC
12 August 2008
Eagle-i Holdings PLC
New Contract
AXA Assistance awards pan-European geolocalisation contract to Eagle-i
Eagle-i Holdings PLC (the 'Company') announces that AXA Assistance, a subsidiary of AXA Group, has awarded a major contract to Eagle-i Telematics Limited ('Eagle-i'), a subsidiary of the Company, to supply a range of telematics-based geolocalistion services to its operations in 13 European countries.
Eagle-i solutions will enable AXA Assistance to quickly locate the nearest breakdown and recovery vehicle to an incident, dispatch instructions to the driver and provide the customer with a more accurate estimated time of arrival.
The partnership with Eagle-i will also enable AXA Assistance to meet the emerging requirements of the pan-European e-Call initiative, the European Commission led project to bring rapid assistance to motorists involved in collisions anywhere in the European Union.
The same Eagle-i technologies will also be adopted to improve response capabilities within AXA Assistance's medical and home assistance businesses.
Ian Walmsley, Chief Executive of Eagle-i, said: 'This new business win is a solid example of our partnership-based growth strategy, which aims to develop differentiated and sustainable propositions in collaboration with market leading organisations that can provide significant pan-European reach'.
For further information, please contact:
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Eagle-i Holdings PLC
Rodney Graves or Ian Walmsley
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01928 795 400
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WH Ireland Limited
David Youngman
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0161 832 2174
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This information is provided by RNS
The company news service from the London Stock Exchange
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