NEWS & EVENTS

DriveCam Awarded NJPA National Contract for Fleet Safety Solution

Jan 23/2012 PRESS RELEASE

SANDIEGO – January 24, 2012 –DriveCam, Inc., a global Driver Risk Management Company, today announced it had been awarded a contract to provide its video-based safety solution for passenger cars, light, medium and heavy duty trucks by the National Joint Powers Alliance® (NJPA). This is now available nationally to NJPA members under contract #102811-DCI.

“As the leading provider of video-based safety solutions to fleets across the country, DriveCam is uniquely positioned to exceed the needs and expectations of our members,” said Mike Hajek, NJPA’s director of business development and marketing. “DriveCam’s solution has resulted in reductions of up to 80% in collision-related costs and 12% in fuel consumption in over 170,000 commercial and government vehicles. We are excited about the value this contract and the solution will offer our 35,000 member agencies.”

DriveCam addresses the causes of poor driving by combining data and video analytics with real-time driver feedback and coaching, resulting in reductions in collision-related costs, fuel consumption and maintenance costs. This is accomplished using DriveCam’s Driver Science Engine, a classification model that assists in identifying the riskiest drivers within a fleet. Through a patented, iterative process of scoring, prioritizing and tracking the results of driving behaviors, this model identifies those behaviors that will most likely lead to a collision and has provided significant savings by helping fleets more effectively manage their drivers. When risky driving occurs, driving behaviors are captured through in-cab video, which is objectively reviewed and scored and then passed on to the fleet  manager for use in coaching drivers; these short 12-second video clips provide the objective context for discussion with drivers about their behavior. Fleets manage the DriveCam Program through DriveCam Online®, a web-based online portal.

“We are delighted to work with NJPA and its member organizations,” commented DriveCam CEO Brandon Nixon. “By making it easier to purchase our driver risk management solution, NJPA will help local governments save money, while protecting their drivers and communities.”

About NJPA

National Joint Powers Alliance is a municipal contracting government agency established through legal statue in 1977. NJPA serves over 35,000 member agencies throughout the United States with competitively bid and awarded purchasing solutions from industry-leading vendors.

About DriveCam Inc.

As proven experts in the science of safe and efficient driving, DriveCam prevents collisions and reduces fuel costs by improving the way people drive. Our solution addresses the causes of poor driving by combining data and video analytics with real-time driver feedback and coaching, resulting in reductions in collision-related costs and fuel consumption in over 170,000 commercial vehicles. In addition, DriveCam recently acquired RAIR Technologies, adding compliance solutions to its suite of driver-centric safety solutions. DriveCam was recently recognized as #30 in The Wall Street Journal’s listing of Top 50 Venture-Backed Companies. For more information, visit www.drivecam.com.

MEDIA INQUIRES

Gretchen Griswold

Corporate Communications