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DriveCam Launches Managed Services to Mitigate Fleet Risk; New Approach Makes Trying, Buying, and Getting Started Easier

SAN DIEGO--Nov. 1, 20055, 2005--DriveCam, Inc. today announced the launch of Managed Services that provide ongoing management of risky driving behaviors for commercial and government fleets. The new Managed Services, which require no up-front investment, include in-vehicle video, playback software and expert analysis to identify and eliminate behaviors that are known to increase the likelihood of a collision, all for a single per-vehicle monthly fee. By providing turn-key implementation and event analysis, DriveCam Managed Services make it easy for fleets to try, buy and directly reap the benefits in reduced damage claims from improved driving behavior.

DriveCam Managed Services include wireless download, review and analysis of driving events captured by the DriveCam video event recorder installed in each fleet vehicle. At the DriveCam Review Center, professionals trained in best practices for driver behavior analysis daily review driving events triggered by risky driving or collisions. Expert reviewers provide detailed reports to fleet supervisors on areas for driver improvement and coaching. This consistent and objective approach ensures that risky behaviors are quickly identified and improved, resulting in far fewer incidents and dramatically lower damage and claims.

"Consistent driver feedback is the answer to lowering fleet operating costs and improving safety," said Bruce Moeller, DriveCam president and CEO. "With the introduction of Managed Services, our goal is to make it easy for fleets to immediately secure the bottom line benefits of improved driving behavior. Our trained experts know what to look for and what works to prevent future incidents. We are so confident that it will lower both frequency and severity of claims and accident investigation costs by at least 30 percent, we guarantee the results."

"The reviewers at DriveCam have the expertise in driving behavior to recognize problems, identify root cause, and provide guidelines for driver counseling," said Julie Gasper, director of risk management for McBride Electric. "Our drivers respond better with objective feedback. The reports provided by DriveCam give me the ability to quickly evaluate the program at different locations and gauge the effectiveness. We have been using DriveCam Managed Services for several months and have significantly reduced both the frequency and severity of incidents."

DriveCam Managed Services are recommended for fleets with greater than 30 vehicles. For a monthly per-vehicle fee, it includes complete and ongoing event review, all available hardware and software upgrades, wireless or wired DriveCam event recorder, and five year contract. For clients that have an in-house professional fleet safety staff to download, review, and analyze events, DriveCam offers an Enterprise Edition. Customers have the flexibility to switch between service levels at any time, depending on the needs of their organization.

About DriveCam, Inc.

DriveCam mitigates risk by improving driver behavior and assessing liability in collisions. Combining in-vehicle video, playback software, expert review and driver coaching, DriveCam's approach has reduced vehicle damages, workers compensation and personal injury costs by 30% to 90% in more than 30,000 commercial and government fleet vehicles. Inc. Magazine ranked DriveCam 67th of the 500 fastest growing, privately held companies in the country. For more information, see www.drivecam.com.