Cellocator and Squarell Technology Partner to provide Advanced Fleet Management Solution with In-vehicle Data Processing

Cellocator, a Pointer Telocation Division, (Nasdaq Capital Market: PNTR), and Squarell Technology have announced a close cooperation to deliver advanced Fleet Management Devices and vehicle data processing solutions in the global telematics market, for remote diagnostics, vehicle and driver performance monitoring and fuel saving applications.

 The cooperation between the companies offers fleet management service providers a seamless, plug and play integration between Squarell’s FLEX vehicle interface and Cellocator’s CelloFamily products. The integrated solution, along with cross technical support allow short time to market for the above mentioned services, while supporting vehicle data processing over a wide range of vehicle brands, types and models, with the most advanced fleet management features and capabilities.

Squarell develops and produces solutions for CANbus and vehicle data processing for a wide array of automotive brands, offering turn-key solutions to translate vehicle data into ready to use information for vehicle management systems. The company’s product and solutions portfolio is used in automotive, telematics, industrial and off-road applications.

 Cellocator is a leading Automatic Vehicle Location (AVL) technology provider with more than 1M units installed globally and regional offices in the US and India.

 “It is only natural, that as two market leaders proposing complementary products, Cellocator and Squarell will team up to deliver an advanced fleet management solution addressing the growing demand for vehicle data processing applications.” said Dudy Markus, CTO at Cellocator, the Product Division of Pointer Telocation. “This cooperation will surely lead to a long term fruitful partnership for the benefit of our mutual customers”.

 Niels Vos, accounts manager for Squarell, states: “Cellocator is 1 of these partners with a clear vision on the market circumstances and their customers’ requirements. We believe this cooperation is beneficial for all of us but especially for fleet owners realizing their needs for real-time and accurate information on the usage of their valuable assets.

For more information about Cellocator’s solution please visit: www.cellocator.com or email us at sales@pointer.com

For more information about Squarell Technology please visit www.squarell.com or email us at sales@squarell.com

About Squarell
Located minutes away from Amsterdam Airport a group of specialists combine into a committed organization to improve the efficiency of vehicles on and off-road. Squarell is specialized in CANbus and vehicle data signals. We develop and produce solutions for CANbus and vehicle data processing. Relying on more than 20 years of experience in the field of measurement and signal processing, we CAN assist you to offer the best performing product and added value solution.

 About Pointer Telocation:
Pointer Telocation is a leading provider of technology and services to the automotive and insurance industries, offering a set of services including Road Side Assistance, Stolen Vehicle Recovery and Fleet Management. Pointer has a growing list of customers and products installed in more than 45 countries. Cellocator, a Pointer Products Division, is a leading AVL (Automatic Vehicle Location) solutions provider for stolen vehicle retrieval, fleet management, car & driver safety, public safety, vehicle security and more. The Company’s top management and the development center are located in the Afek Industrial Area of Rosh Ha’ayin, Israel. For more information: https://www.pointer.com

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This press release contains forward-looking statements with respect to the business, financial condition and results of operations of Pointer and its affiliates. These forward-looking statements are based on the current expectations of the management of Pointer, only, and are subject to risk and uncertainties relating to changes in technology and market requirements, the company’s concentration on one industry in limited territories, decline in demand for the company’s products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. Pointer undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risks and uncertainties affecting the company, reference is made to the company’s reports filed from time to time with the Securities and Exchange Commission.