Crown Telecom, a reseller of Telecom Italia Mobile in Brazil and
provider of location-based and fleet Telematics services and also
WebTech's exclusive distributor in Brazil, has placed a confirmed
purchase order for 490,000 WebTech Locator devices. WebTech Wireless
(TSX VENTURE: WEW), a leading fleet Telematics products and service
provider, has accepted the purchase order worth over CDN$ 67 million.
The devices will be installed on the assembly lines of major
Brazilian auto manufacturers. The "24 Horas" service offers a
programme to models assembled and sold in the Brazilian market by auto
manufacturers for safety and security purposes. The programme will
enable location-based and Telematics services provided Crown Telecom
activates once the service activated at dealerships. The purchase
order is the first among several that Crown Telecom is expected to
place over a period of 5 years as per a 5-year term contract signed
between Crown and WebTech.
The owner of a new vehicle offered in the Brazilian market by auto
manufacturers will be entitled to up to 35% discount on car insurance
premium upon participating in the "24 Horas" service. Crown Telecom is
responsible for operating and offering the service in Brazil. The
security and safety services could be expanded to include
communication and entertainment applications in opportune timing and
is made possible with the flexibility and scalability of the WebTech
products and services.
"Crown Telecom has crossed the threshold for meeting all the
rigorous requirements demanded by sophisticated customers and has
confirmed its ability to lead the Telematics and location based
services in South America," commented Jose Antonio S. Pereira Jr.,
President and Chief Executive Officer, Crown Telecom. "We offer the
"24 Horas" service across Brazil to any vehicle owner in a position to
benefit from insurance discounts on premiums against implementing our
security and safety solution. Our services and technology, powered by
WebTech products and services are an industry benchmark worldwide. Our
infrastructure is state-of-the-art and currently capable of offering
the service to over one million vehicles. Crown Telecom is committed
to keep improving its services and customer care."
"The contract signed with Crown is of the magnitude and size that
presents both organizations with a rare opportunity to become among
the few major players in the Telematics and Location-Based services
and products market worldwide" comments Anwar Sukkarie, President and
CEO, WebTech Wireless. "Crown Telecom has achieved amazing results by
following a well-thought out strategy and solid plan of execution. We
look forward to supporting Crown in their service and products
offering in Brazil and elsewhere around the world."
A recording of the conference call detailing this contract, held
December 20 2006, can be found on the Company's website at
www.webtechwireless.com
About Crown Telecom
Crown Telecom is the leading independent provider of Telematics
solutions for the automotive industry serving markets in Brazil and
other countries in South America. Crown's Telematics services are
designed to enhance the safety, security and driving experience for
consumers while providing marketing and operational benefits to
automobile manufacturers (OEMs) and their dealers. Crown Telecom
pioneered one of the first Telematics service offerings in Brazil in
2003 and continues to be an innovator in the industry through the
development and successful implementation of new Telematics services
and applications.
About WebTech Wireless Inc.
WebTech Wireless Inc. (TSX VENTURE:WEW) is a global Wireless
Services Provider that develops, manufactures, and delivers turnkey
wireless solutions designed to improve productivity and profitability.
WebTech products include wireless hardware and software services
running on cellular and satellite networks, and include Automatic
Vehicle Location, Mapping, Reporting, Vehicle Maintenance,
Driver Status, In-vehicle Telemetry, Messaging, In-vehicle
Navigation, and wireless application and Internet connectivity.
WebTech is currently providing devices and services worldwide in over
thirty-seven countries covering five continents. WebTech's scalable
solutions are used by a broad range of small, medium, Fortune 500
companies and governments.
Forward Looking Statements
This press release contains forward-looking statements involving
risks and uncertainties pertaining to, but not limited to product
plans, timing, content, and pricing of products, market and industry
expectations, the wireless communications industry, the mobile fleet
industry, and general economic and political conditions. Given the
risks and uncertainties inherent in the markets and industries
referred to in this press release, WebTech cannot guarantee that any
forward looking statements will be realized.
Trademarks are the property of their owners.
