TomTom Fleet Management Business Grows by 38% to 330,000 Connected Vehicles

AMSTERDAM–TomTom has enjoyed another year of strong growth for its fleet management business after recording a 38 per cent increase in its  install base.

“This year-on-year growth reflects our ongoing success in bringing to  market products that offer significant value to companies operating       vehicle fleets”

A total of 330,000 vehicles are now managed by TomTom Business       Solutions’ technology– up from 239,000 in January 2013. In excess of       27,000 clients use TomTom’s fleet management service to manage vehicles       driven in more than 60 countries worldwide.

“This year-on-year growth reflects our ongoing success in bringing to       market products that offer significant value to companies operating       vehicle fleets,” said Thomas Schmidt, Managing Director, TomTom Business       Solutions.

“Through continuous innovation, we have consistently delivered products       that enable our customers to make ever smarter business decisions.”

TomTom is set to launch its latest innovation in the first quarter of       this year – a product designed to help small businesses take advantage       of connected car technology.

The device will plug directly into a vehicle’s OBD port, allowing       customers to install it themselves. This means no installation charges,       helping to make the device a cost-effective, entry-level track and trace       product.

ENDS

About TomTom

Founded in 1991, TomTom (TOM2) is a leading provider of navigation and       location-based products and services.

TomTom maps, traffic information and navigation technology power       automotive in-dash systems, mobile devices, web based applications and       government and business solutions.

TomTom also designs and manufactures its own location-based products       including portable navigation devices and fleet management solutions, as       well as GPS-enabled sports watches.

Headquartered in Amsterdam, TomTom has 3,500 employees worldwide and       sells its products in over 35 countries. For further information, please       visit www.tomtom.com

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