Press Release For Immediate Release

5th October 2009

Road Angel provides a rescue package for companies ‘stung’ by telematics provider failures

The past 18 months has been a tough time for businesses all over the UK, and the telematics industry has not been immune to the challenges faced by unprecedented cost cutting and scarcity of business credit.  As reported in Fleet News in July, many telematics providers are struggling; with many posting losses, having their shares suspended or in extreme cases being put into administration.

The impact on fleet managers when a telematics provider goes bust is substantial, as they are often left with a defunct system that has no re-sale value.  Those who have financed their systems through leasing arrangements are finding it especially difficult, as they are likely to be bound by leasing contracts that can have many months or even years to run.

Recognising the chaos this is causing Road Angel Fleet is offering a tailored rescue plan to help ease of pain of finding a new telematics supplier. 

Their low cost of ownership model means that a rescue package can be tailored to ensure that the fleet manager suffering from a supplier failure can continue to track his fleet without any uplift in monthly payments.

Road Angel Fleet is already working with a number of high profile leasing companies to implement rescue packages for companies that have leased a service over a period of years but no longer have access to this service.

Graham Mackie, Managing Director at Road Angel, commented “Unfortunately there are many companies out there who, through no fault of their own, have been left high and dry when it comes to tracking their vehicles.  In most situations we are finding that a tailored rescue package will get them up and running in days at no additional cost to their current contract.”