LONDON , Feb. 25, 2004 (PRIMEZONE) -- Auto-Q International Inc. (OTCBB:AUTQ), a leading provider of vehicle tracking and monitoring systems for trucking fleets and consumers, announced today that it has received a another purchase order from Alco Waste Management Ltd for the installation of its EGuard monitoring systems on 5 new trucks.
The new order is in addition to the previous order for 37 vehicles that were outfitted last year with Auto-Q's FleetTrak system. Alco Waste Management is expected to increase its fleet size in the future; Auto-Q Management believes this will result in additional FleetTrak and EGuard orders in the future.
Auto-Q CEO Paul Spetch commented, "We are delighted to continue our relationship with Alco. This new order demonstrates that growth of our business is linked to the benefits our customers gain from using the FleetTrak system supported by our excellent customer service."
The benefits of the FleetTrak System to the operator include an immediate payback of a 5-10% fuel saving across a typical mixed fleet, along with longer vehicle life and lower maintenance. But the payoff goes way beyond mere economics. The system provides the operator with a safeguard against the kind of heavy-footed, impatient driving that can lead to anything from a speeding ticket to a corporate manslaughter charge.
About Auto-Q International Inc.
Auto-Q designs and supplies mobile data acquisition and vehicle tracking systems using global positioning systems and telematics technology. Auto-Q's products are used for vehicle fleet and asset management including tracking, positioning, security, fuel monitoring, navigation, data acquisition and reporting.
For more information on Auto-Q International visit http://www.auto-q.com/ or contact Matt Maguire at 407-884-0444 or 1-866 THE APPLE.
Certain statements contained herein are "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995) Because such statements include risks and uncertainties actual results may differ materially from those expressed or implied by such forward looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements include but are not limited to, economic conditions, market acceptance of products, risks in technology, and product development.