DriveCam Video Systems Wins 2004 AeA High Tech Award

SAN DIEGO--Oct. 1, 20048, 2004--DriveCam Video Systems, the leader in knowledge-based systems that improve driving behavior, announced today that it has won the 2004 High Tech Award from the San Diego Council of AeA, the nation's largest high-tech trade association.

DriveCam won the top award in the category of Computers/Related Products for its leadership in creating feedback systems that lower operating costs for fleets by identifying and correcting risky driving behaviors. The winners were announced at the eleventh annual AeA High Tech Awards luncheon on October 13, 2004.

DriveCam's knowledge-based feedback systems reduce the number and severity of collisions by as much as 70%, which dramatically reduces insurance premiums and lowers payouts for self-insurers. Safer driving also results in fewer vehicle repairs, reduced fuel consumption and lower maintenance costs. When a collision occurs, DriveCam recordings provide unbiased evidence to protect drivers from incorrect blame, lower insurance investigative expense and reduce settlement payments.

"This award reflects the accomplishments of our hard working engineering and product development team," said Bruce Moeller, CEO of DriveCam Video Systems. "Their knowledge and dedication has made DriveCam an integral component of our customers' safety programs."

The 2004 High Tech Awards marks the 11th anniversary of the AeA High Tech Awards. More than 500 AeA members and non-members attended the luncheon to acknowledge the successes of local technology companies from a diverse set of categories such as software, semiconductors and outstanding emerging growth.

"This year's AeA High Tech Awards celebrated and honored the success of companies in San Diego like DriveCam Video Systems," said Kevin Carroll, AeA executive director. "There is definitely a sense of pride in being part of one of the leading cities contributing to the innovation and advancement of the technology industry as a whole."

About AeA

Advancing the business of technology, AeA is the nation's largest high-tech trade association. AeA represents more than 3,000 companies with 1.8 million employees. AeA offers a unique global policy grassroots capability and a wide portfolio of valuable business services and products for the high-tech industry. AeA has been the accepted voice of the U.S. technology community since 1943.

About DriveCam Video Systems

DriveCam Video Systems is the leading provider of knowledge-based systems that identify and improve unsafe driving behavior for commercial fleets. Based in San Diego, the company's Driving Feedback System has reduced annual collision rates and corresponding operating costs by as much as 70%. DriveCam's Driving Feedback System consists of a vehicle-mounted digital video event recorder, an event download system, enterprise software for analyzing events and counseling drivers, and consulting services. Additional information is available at www.drivecam.com.