Print   

Thursday 02 October, 2008

Eagle-i Holdings Plc

Statement re Contract win


                             Eagle-i Holdings PLC                              

                                 Contract Win                                  

£4.5 million contract with Homeserve PLC for large scale fleet management
system

Eagle-i Holdings PLC ("Eagle-i" or the "Company") a leading developer and
supplier of vehicle positioning and fleet management technology and services,
announces that Homeserve PLC ("HomeServe"), the national home emergency
services provider, has awarded the Company a new four year contract for the
supply of its award-winning Monitor3 fleet management system.

The new fleet technology will target multi-million pound savings from
improvements in fuel consumption of at least 10% and a cut in CO2 emissions of
around 30,000 tonnes across HomeServe's fleet over the term of the new
contract.

The award of the new four year contract, which has an initial value of £4.5
million, follows a two-year relationship between the two companies, which
involved the implementation of 400 units across HomeServe's Property Repairs
businesses. The new contract will see the relationship extended for a further
four years and the deployment of Eagle-i's technology across HomeServe's
national commercial vehicle fleet.

Commenting on the new contract, Guy Bruce, HomeServe's Commercial and Business
Transformation Director, said: "Eagle-i's award-winning Monitor3 system offers
us a very clear means of achieving our major operational, commercial and
environmental goals, including the significant opportunity to reduce fuel
consumption and CO2 emissions through better job despatch, route planning and
driver speed awareness."

Ian Walmsley, Chief Executive of Eagle-i Telematics Limited, a subsidiary of
the Company, said: "This is clearly a very significant contract for Eagle-i and
a valuable endorsement of both the new Monitor3 fleet management system and the
project implementation capabilities of Ei Consulting, Eagle-i's professional
services division."

"Ei Consulting has worked closely with senior HomeServe management in recent
months to identify major operational cost savings across HomeServe's national
commercial fleet, including reduced fuel spend, lower vehicle maintenance costs
and reduced carbon footprint."

"We now look forward to building on our existing working relationship to ensure
HomeServe achieves its stretching operational, environmental and
corporate-social responsibility objectives."

02 October 2008

Enquiries:

Eagle-i Holdings Plc                    +44 (0)1928 795 400                    
                                                                               
Ian Walmsley                            ian.walmsley@eagle-i-telematics.com    
                                                                               
WH Ireland Limited                      +44 (0)161 832 2174                    
                                                                               
Robin Gwyn/David Youngman                                                      
                                                                               
Haggie Financial LLP                    +44 (0)20 7417 8989                    
                                                                               
Nicholas Nelson/Kathy Boate             nicholas.nelson@haggie.co.uk           




About Homeserve PLC

www.homeserve.com or 0800 293031

HomeServe is available 24 hours a day, 365 days a year.

Every forty seconds a HomeServe engineer comes to the rescue of a British
household. With over 4,600 directly employed and sub-contracted engineers,
HomeServe is a national emergency home repair service backed by a 24 hour
claims handling and repair network. HomeServe offers insurance cover for
plumbing, drains, electrical wiring and gas central heating. It has over 6.3
million policy members in the UK and a further 1.8 million in the USA, France
and Spain. HomeServe has also launched a new tradesmen service providing
households with access to more than 22 trades, with tradesmen who are qualified
to carry out more than 500 different jobs around the home.

About Eagle-i Holdings Plc

www.eagle-i-telematics.com

Established since 1995 and quoted on AIM, Eagle-i's modular fleet, asset and
mobile workforce management solutions have enabled hundreds of businesses
across the UK and Europe with the capability to drive down operational cost,
increase productivity and improve environmental and legislative compliance. As
one of Europe's leading Integrated Telematics Service Providers (ITP),
delivering an award-winning blend of technologies, solutions and consulting
services, Eagle-i offers a comprehensive capability portfolio including vehicle
tracking, mobile data messaging, satellite navigation, stolen vehicle recovery,
telematics-enabled risk management (TERM) and lone-worker protection solutions.



Investegate takes no responsibility for the accuracy of the information within the site.


The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filitered from this site.



Investegate      © 2012 FE. All rights reserved.