BorgSolutions Enters Into Partnership With GulfTrak Asset Management For Middle East Distribution

AUSTIN, Texas & RIYADH, Saudi Arabia--(Business Wire)-- BorgSolutions, the leading provider of fleet management solutions that reduce operating, labor and other costs for construction, oil & gas, fleet rental and transportation companies, and GulfTrak Asset Management, the Middle East's premier company leading in business process and data management, today announced that they have entered into an agreement providing for the distribution and reselling of the award winning fleet management software platform, Borg Fleet. Borg Fleet will now be available under the GulfTrak brand in the Middle East Region, including Saudi Arabia, the United Arab Emirates, and Qatar.

GulfTrak will be offering the entire suite of BorgSolutions services throughout the region, including all Borg Fleet maintenance and GPS editions. All product offerings will be branded as GulfTrak solutions and GulfTrak will provide technical, installation, training, and consulting services directly to local customers.

"We have been evaluating the fleet management solutions industry for some time, as the cost-saving benefits from a maintenance standpoint can be staggering for fleet operations," said Mohamed Grema Saleh, Principal, GulfTrak Asset Management. "It is a clear that BorgSolutions' Borg Fleet, with its ease of functionality and superior performance and groundbreaking artificial intelligence make it a great product to complement our current solutions for our customer base, partners and various distribution channels.

Mr. Saleh continued, "GulfTrak believes Borg Fleet is a product which will help us to attract new customers as well as satisfy our existing ones, as the addition of this exceptionally high quality fleet management platform, with predictive maintenance providing an average decrease of 21% in maintenance costs, truly differentiates our services". This is an actual fact obtained from positive response of our customers during recent demo events we conducted in the region. We are very positive that BorgSolutions' Borg Fleet will surely boost GulfTrak`s value-added solutions to continue leading the regional market unbeatably."

Borg Fleet, a Web-based software-as-a-service, utilizes a proprietary technology that facilitates predictive maintenance, streamlined work orders, fuel and inventory management, repair scenarios, GPS tracking, diagnostic monitoring, and scheduling through real-time data collection and analytics. Through its patent pending technology, Borg Fleet truly leverages telematics by providing Artificial Intelligence (A.I.) to fleet maintenance, which delivers real cost-savings - a first of its kind in fleet management.

"A key part of our business strategy is to enhance our international presence and expand our distribution channels. The opportunity to align Borg Fleet with such a well-respected and strong player in the Middle East, where our target industries flourish, is a major step for BorgSolutions," said Chris Borg, CEO at BorgSolutions. "The impressive list of customers for whom GulfTrak is providing their platform gives us a key advantage in exposing Borg Fleet to construction, oil & gas, transportation, service and fleet rental companies in the Middle East."

About BorgSolutions, Inc.

BorgSolutions is the leading provider of fleet management solutions that effectively reduce operating, labor and other costs for construction, oil & gas, fleet rental and transportation companies. Its flagship platform, Borg Fleet, empowers customers to easily manage all aspects of their fleet`s operations, and utilizes real-time data analytics for predictive maintenance and repair scheduling, parts, inventory and fuel management, and various otherwise time-intensive, costly tasks. BorgSolutions is headquartered in Austin, Texas, with offices in Puerto Rico to service the Latin America markets and Germany to service the EMEA markets. For more information, please visit http://www.borgsolutions.com, or call 1-877-801-8084.

About GulfTrak Asset Management

GulfTrak is the Middle East`s premier company leading in business process and data management, dedicated to delivering substantial benefits to its customers through the leveraged experience in providing fleet management consultancy, developing and implementing end-to-end vehicle/equipment asset tracking & diagnostics, and fleet management solutions. For more information, please visit http://www.GulfTrak.com, or call +974 549 7848.

Release Date: 
09/15/2009

Don't Take Our Word for It.

"Borg Fleet gives me a comprehensive tool to control my fleet, track my inventory, work orders, personnel and more. To me this is the biggest bargain available to our industry today!"

Robert Spooner, Director of Maintenance - Hecor, Inc.

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