Penske Expands CyntrX Fleet-Technology Offering
READING, Pa., December 4, 2008 - Today, Penske Truck Leasing announced it has expanded its relationship with Enhanced Vehicle Applications (EVA) to offer a wider selection of their products for onboard commercial truck tracking technology.
"EVA is a trusted partner with exceptional customer service," said Jim Feenstra, Senior Vice President, Marketing – Penske Truck Leasing. "We're pleased to expand our relationship with them. EVA's CyntrX™ product provides our customers with a lowcost, high-value product with exceptional functionality for fleet tracking and reporting."
EVA currently offers GPS realtime tracking and GPS fleet tracking solutions through its CyntrX™ product line. CyntrX™ is a web-based GPS tracking system that allows customers the ability to monitor their fleet tracking needs throughout North America and to generate custom profiles and reports with no software loading requirements. Penske will offer its customers two CyntrX™ units and add additional models as they become available. Penske previously marketed CyntrX™ under the name FleetInSite and has worked closely with EVA since 2005. FleetInSite is being phased out. These units will now be marketed by Penske as a part of its wider Fleet I.Q. brand offering.
Penske's move with EVA is part of its wider technology and decision support strategy to support its customer's fleet productivity needs. Penske's Fleet I.Q. brand will become a portfolio of services and solutions at various price points that will include onboard technology solutions from a variety of high caliber, value-added suppliers, like EVA. Penske will also provide a new financing option and in-house consulting to help its customers analyze and get the most from the data captured by these onboard fleet technology systems.
"We enjoy being part of Penske's technology offering and remain committed to Penske's vision and direction," said Greg Taisto, Founder and President of Enhanced Vehicle Applications LLC. "Under Penske's Fleet I.Q. business model their customers using CyntrX™ will now have a direct relationship with our team as well as expanded features designed specifically for managing assets."
Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company.
Founded in 2004 and headquartered in De Pere, Wisconsin, Enhanced Vehicle Applications LLC is a leading provider of GPS vehicle tracking systems. CyntrX, the company's core product, was strategically designed with components provided by ublox ag (www.ublox.com) and is manufactured in the United States to ensure the highest possible standards of quality and reliability. Visit www.cyntrx.com for more information.