Telcontar Cited as ''The ASP of Choice For Nearly All Aftermarket Vehicle Systems in the US'' According to Allied Business Intelligence
SAN JOSE, Calif.--July 2, 2003--Telcontar, the leading supplier of software and related services for location-based services (LBS) today announced that a recent study of the aftermarket vehicle telematics industry by Allied Business Intelligence highlights Telcontar's dominance in the market, naming Telcontar customers Audiovox, Code Alarm, Crimestopper, Directed Electronics, Omega Research & Development, and InterTrak as systems possessing the recipes for success. The study points to simplicity, ease of installation, distribution channels and a high level of automation as factors key to Telcontar's success in the emerging consumer telematics aftermarket.
"Consumers, having gained knowledge and experience with in-vehicle navigation and entertainment or convenience systems are now at a point where they are savvy enough to understand and appreciate the value of vehicle tracking, parental control and monitoring, theft recovery and remote control for door locks, ignition and vehicle alarms. Telcontar's Televoke Universal Telematics Server (UTS) has emerged as the clear leader in providing back end services for most leading solution providers because they have a solid, highly functional system that can scale easily and is cost effective to operate," said Frank Viquez, author of the Allied study.
"This groundbreaking study from Allied Business Intelligence is the first we are aware of that focuses on the consumer aftermarket for telematics products," states Eric Carlson, President and CEO of Telcontar. "We are obviously pleased that it confirms our confidence that the market is taking off, and that we are well positioned to grow as it does. In particular, we are pleased that the areas we have invested heavily in, such as automated notification, voice user and installer interfaces, and automated customer support are proving highly successful and are clear differentiators for Telcontar."
The Allied study states that a key to profitability and long-term success in consumer telematics will be feature and support automation, as well as system scalability. The Telcontar UTS provides just that - an automated user notification system for monitoring and control, enabling Telcontar to provide full telematics services to customers, while maintaining access to a call center for use in emergencies such as recovery of a stolen vehicle. The solution is highly scalable, helping customers generate revenue more quickly, more efficiently and more effectively. The study forecasts a compound annual growth rate of more than 60% through 2008, resulting in total market size of more than $ 120M for that year.
About Telcontar
Telcontar is a worldwide provider of the premier spatial software platform. Telcontar clients such as Yahoo!, Hutchison 3G, Criticom, Satronics, Rand McNally Inc. and ATX Technologies use its Televoke Universal Telematics Server, Drill Down Server, Rich Map Engine and Traffic Manager products to offer end users asset or resource management, MSSC, real time navigation and traffic, driving directions, roadside or emergency assistance and maps. Telcontar is privately held and headquartered in San Jose, California with field offices in San Francisco, Los Angeles, Houston, Massachusetts and the United Kingdom. For more information, please visit http://www.telcontar.com/.
TRADEMARKS: Telcontar, Televoke Universal Telematics Server, Traffic Manager, Rich Map Engine Software Libraries and Drill Down Server are trademarks of Telcontar. All other product or company names are trademarks or registered trademarks of their respective holders.