First Transit Commits to DriveCam 5-Year Managed Services Contract

SAN DIEGO – March 22, 2011 – DriveCam, Inc., a global Driver Risk Management Company, today announced that FirstGroup’s First Transit has committed to a 5-year agreement to deploy up to 6,000 vehicles on DriveCam’s Managed Services Program. In addition, First Transit has committed to implementing DriveCam’s latest product release, an advanced Fuel Management solution, on key segments of its fleet.  FirstGroup America is the nation’s largest provider of surface transportation services, with First Transit conveying 300 million passengers each year and covering more than 313 million annual fleet miles.

“DriveCam helps us differentiate our services to new and existing customers by helping us deliver what our customers demand: world-class safety performance, reduced operating costs and a positive impact on the environment,” commented Brad Thomas, First Transit President. “The combination of DriveCam’s ability to deliver a strong return on our investment, along with their understanding of the unique attributes of the transportation industry, makes them a high-value partner.”  

Seamlessly integrated into DriveCam’s DC3 event recorder and the DriveCam Online reporting solution, DriveCam’s Fuel Management Solution provides real-time measurement and feedback, helping drivers reduce excessive idling, speeding and other behaviors that result in wasted fuel. DriveCam has measured fuel savings of up to 12%, and estimates an annual reduction of 75,000 tons of CO2 emissions for a 6,000 vehicle transit fleet (based on EPA calculations). 

“We are proud to be working with FirstGroup, where safety is a core value,” commented DriveCam CEO Brandon Nixon. “FirstGroup has long been recognized as a leader in fleet safety, highlighted by awards such as the National Safety Council’s Green Cross– an honor awarded to just one organization, from any industry, each year. As evidenced by our Managed Services Program and Fuel Management Solution, DriveCam supports the value of safety within First Transit’s fleet and continues to innovate to bring exceptional value to long-standing clients.”

About First Transit

First Transit is the nation’s leading bus transportation provider. Its services include fixed route operations, paratransit services, shuttle buses, transit system management, NEMT and ADA brokerage and call centers, and consulting and bus line inspection. With over 50 years of experience across North America, First Transit’s customers include transit agencies such as Los Angeles and Houston; universities such as Texas State and Princeton; and state transportation departments, such as Illinois and Connecticut.

First Transit is part of FirstGroup. FirstGroup plc is the leading transport operator in the UK and North America, with annualized revenues of over ₤5 billion. Its North American businesses have annualized revenues of over $5 billion. Headquartered in Aberdeen, Scotland, FirstGroup employs 136,000 people and transports more than 2.5 billion passengers a year.

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 150,000 commercial vehicles. In addition, DriveCam has monitored and analyzed data from over 3 billion driving miles and holds the world’s largest database of risky driving, which is continually used to improve proprietary analytics and deliver insights into transportation industry trends. DriveCam was recently recognized as #30 in The Wall Street Journal’s listing of Top 50 Venture-Backed Companies.