Amaro (Italy), August 4th, 2010
– Eurotech, a leading supplier of embedded technologies, products, and systems, today announces a 1M USD order from Cadec Global, a fleet management solution provider and long-time customer. Deliveries will begin in late 2010 to run through 2011.
The Eurotech embedded computer powers the Cadec PowerVue on-board computer deployed in transportation fleets. The PowerVue is based on Eurotech technology and delivers improved fleet performance, supply chain integration, and vehicle diagnostics capabilities as part of an overall fleet management plan.
“Our PowerVue system relies on the quick data transport and mobile technology provided by Eurotech,” said Dan Principe, Vice President of Engineering at Cadec. “We have developed a strong relationship with Eurotech over the years as they have worked with us through many upgrades to the PowerVue product. They understand the needs of the transportation industry and our mission to deliver cost-effective, cutting-edge solutions for fleet management.”
“We have just closed a first half that showed positive tendencies and we are entering in the second half with a good prospect” remarked Roberto Siagri, President and CEO of Eurotech. “There’s a clear trend in the order intake: month after month we are exceeding our forecasts and to this day the total order book is more than 50% greater than the one of last year in the same period.”