News Column

Telit Technology Underpins North American Usage Based Insurance Service

September 3, 2014

Telitís UE910 3G module is embedded in IMETRIKís end-to-end automotive insurance solution

RALEIGH, N.C.--(BUSINESS WIRE)-- Telit Wireless Solutions, a leading global provider of high-quality machine-to-machine (M2M) modules and services, has announced that IMETRIK, a turnkey telematics services provider, has selected Telitís popular UE910 series module for its automotive insurance solution. This is a comprehensive, competitive offer that enables insurance companies to track and measure clientsí driving patterns in order to provide a usage-based insurance (UBI) program.

The UE910 3.5G module employs the LGA package, which is ideal for automotive applications. In addition the xE910 unified form factor enables solutions to be designed once and be deployed globally.

IMETRIK launched its UBI solution a year ago, and already it is monitoring over 100,000 vehicles. Recently the company delivered its black box UBI solution based insurance for one of Canadaís largest insurance companies, Desjardins. Once the telematics box is connected to the OBD port of the insured vehicle, it starts gathering driving behavior information.

The companyís turnkey service includes integration, design and hardware, plus sensors, power management and global cellular connectivity. IMETRIK is an MNO that manages its own mobile network infrastructure. It does not have base stations: instead MNO-to-MNO agreements with different carriers provide this facility.

ďBeing an MNO as well as telematics services provider enables better control of the connected devices in different geographic markets. Therefore we needed a module that provided robust connectivity and a wide reach. Telitís UE910 was the obvious choice,Ē said Guy Chevrette, IMETRIKís founder and CEO.

ďIMETRIK is in the forefront of adding value and addressing their customersí needs when it comes to innovative solutions. IMETRIK handles the whole implementation value chain, from the device, to wireless communication, to data processing to analytics,Ē said Mike Ueland, president of Telit Americas.

With over 12 years of unparalleled focus on M2M, reducing technical risk and shortening time to market for OEMs and integrators, Telitís ONE STOP. ONE SHOP. delivers all necessary services and products to connect assets to the Internet of Things. Whether sourcing single products or full end-to-end solutions, customers count on Telit to deliver M2Mís broadest portfolio in cellular, short range and positioning technologies paired with m2mAIR services covering application enablement as well as deployment management & connectivity under mobile networks and over the Internet & Cloud. Telit benchmark-quality products and services are delivered with global support and logistics exceeding exacting requirements from customers large and small. Telitís ONE STOP. ONE SHOP. delivers The Internet of Things made Plug & Play. Now innovate!

About Telit

Telit Wireless Solutions (AIM: TCM listed as Telit Communications PLC), is a global enabler of machine-to-machine (M2M) communications. Its ONE STOP. ONE SHOP. provides cellular, short-to-long range, positioning modules plus m2mAIR, PaaS managed and value added services in application enablement, connectivity under mobile networks and Cloud. Telit operates business unit Telit Automotive Solutions delivering automotive-grade products like the Automotive On-board Platform (ATOP) and services to auto manufacturers and tier-one auto suppliers; and business unit Telit GNSS Solutions reaching M2M and beyond, delivering award-winning geo-positioning products to the broader electronics and OEM markets. With over 12 years exclusively only in M2M, the company constantly advances technology through a network of R&D centers around the globe; marketing products and services in over 80 countries.

By supplying scalable products interchangeable across families, technologies and generations, rapid prototyping tools for application development, and m2m tailored connectivity, Telit is able to reduce development costs, protect design investments and minimize technical risk. The company provides customer support and design-in assistance through 35 sales and support offices, a global distributor network of experts with over 30 competence centers, and the Telit Technical Support Forum.

Telit provides products services and facilities to connect organizations to the Internet of Things (IoT) allowing them to wirelessly collect, process and respond to real-world data from connected devices, creating new efficiencies, revenue streams, societal and personal benefits. Join the conversation and learn more about Telit and its customersí innovative applications on Facebook and Twitter.

About IMETRIK

IMETRIK is a Canadian company, based in Montreal, composed of a highly skilled team with shared values: innovation, team work, quality and integrity. Products are proudly designed and manufactured in Canada as well. Since its inception in 2007, IMETRIK has dedicated itself to leading the M2M space and is now a global player in the industry, with upwards to 800,000 vehicles tracked mainly in the Insurance (UBI) and Vehicle Finance Telematics industries and over 10 billion kilometers of data.



Telit Wireless Solutions

Sara Brown, Director, Global Project Marketing

+1 919-699-7093

sara.brown@telit.com

or

Alexander Bufalino, CMO

+39-040-4192-200

alexander.bufalino@telit.com

Source: Telit Wireless Solutions


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