WebTech Wireless Inc.

WebTech Wireless Inc.

December 03, 2009 04:00 ET

WebTech Wireless Acquires 10,000 New Fleet Management Subscribers in the Fourth Quarter in Brazil

VANCOUVER, BRITISH COLUMBIA-–(Marketwire - Dec. 3, 2009) - WebTech Wireless Inc. (TSX:WEW), a leading provider of vehicle location-based (LBS) and fleet telematics services, announces that it has reached a major milestone in the Brazilian market where it has, as of December 1, 2009, added 10,000 users to its Quadrantsubscriber base.

Subscription to the web-based, Quadrant system gives customers in Brazil an end-to-end fleet management solution incorporating mapping, reporting, messaging and dispatching abilities, allowing them to easily track and manage their vehicles.

WebTech Wireless has seen steadily increasing demand for its WebTech Locatorsand Quadrant fleet management software in Brazil. The 10,000 Quadrant subscriber milestone comes as Brazil ends the year as one of the world's strongest performing and diversifying economies with a second quarter 2009 GDP growth rate of 1.9% and record-breaking central bank interest rate of 8.75%, which has spurred investment and helped bolster consumer demand.

Aluisio Mol de Freitas, Managing Director, WebTech Wireless Brazil, said, "These subscribers have been coming onto the Quadrant system over the past 18 months, even moving over from competitor applications, so we're very pleased that they're now generating monthly subscription fees." Adding, "We've seen general interest in fleet management technology growing in Brazil, helped no doubt by a relatively positive economic outlook. And even though we have competition, the significant advantages of WebTech Wireless' fleet management solutions are tangible. We can now boast of a considerable track record selling to various industries, which makes it easier for potential customers to compare and choose our solution. We'll continue to nurture these relationships in the coming year as well as approach other sectors where we can provide real benefits to customers."

Neil Chan, Senior VP Worldwide Sales & Marketing for WebTech Wireless said, "These new subscribers will generate higher margin Average Revenue per User (ARPU) than we typically see, even though actual rates may be lower given the more limited nature of the services they're receiving today. We do expect that the ARPU for these particular subscribers will increase as we offer enhanced services, response times and mine this customer base for up-sell opportunities."

This event underscores WebTech Wireless' commitment to providing customized solutions for a variety of industries around the world that depend on efficient and effective mobile resource management.

About WebTech Wireless Inc.

WebTech Wireless Inc. (TSX:WEW) is a global telematics and location-based services provider that develops, manufactures and delivers end-to-end wireless solutions designed to improve the productivity, profitability and safety of vehicle fleets. WebTech Wireless products and services run on GPS and cellular networks and provide Automatic Vehicle Location, Mapping, Reporting, Vehicle Diagnostics, Driver Status, In-vehicle Telemetry and Navigation and Messaging. The Company delivers products and services in over forty-one countries to a variety of small, medium and Fortune 500 companies, with a particular focus on the transport, service delivery, government and automotive markets. For more information, please visit www.webtechwireless.com.

Forward Looking Statements

This press release contains forward-looking statements involving risks and uncertainties pertaining to, but not limited to product plans, timing, content, and pricing of products, market and industry expectations, the wireless communications industry, the mobile fleet industry, and general economic and political conditions. Given the risks and uncertainties inherent in the markets and industries referred to in this press release, WebTech Wireless cannot guarantee that any forward looking statements will be realized.

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