WebTech Wireless and Overview Mapping's Telematics Solution Selected by Protectagroup for Innovative UK Automobile Insurance Program
VANCOUVER, BRITISH COLUMBIA – June 10, 2009 – WebTech Wireless Inc. (TSX:WEW), a leading provider of location-based and fleet telematics services, announces that they, along with UK OEM partner Overview Mapping Ltd., have been selected by Protectagroup Ltd. to provide telematics services for an innovative insurance program targeted at young drivers. The selection was a result of a rigorous pilot phase previously announced in October 2008, with rollout begun last month. The agreement could potentially cover tens of thousands of Protectagroup’s policy holders and includes options to extend and develop other telematics-based insurance products in the future. Protectagroup is Wales’ largest independent insurance broker and services customers across the UK.
The large scale pilot announced in October proved the effectiveness and ROI of pairing WebTech Wireless’ in-vehicle Locators™ and Overview Mapping’s VeriLocation™ vehicle management software and call centre support – customized to Protectagroup’s specific requirements. The young drivers program enables policy holders to reduce their annual premiums by not driving between 11 pm and 5 am. Vehicles are fitted with a WebTech Locator™ device which sends an automatic notification if the vehicle is driven within the restricted hours. The program reduces Protectagroup’s insurer partner's risk and insurance claims and provides customers with significant premium reductions and incentives based on their actual driving behaviour.
Andrew Overton, Managing Director of Overview Mapping Ltd., said “As a valued partner with WebTech Wireless, we are delighted to have been selected by Protectagroup for this important initiative in the UK automotive insurance market. This innovative solution couples WebTech’s proven Locator™ hardware with our advanced VeriLocation™ software and customer support capabilities to provide real value for Protectagroup and their younger policy holders.”
Edward Kulperger, Sr. Director, Personal Automotive and OEM, WebTech Wireless, said “The insurance industry in the UK is one of the most advanced and competitive in the world, so to have been selected by Protectagroup for their young drivers program, and the implications this holds for the further development of usage based insurance models, is an important milestone for WebTech.” He added, “We expect similar announcements to come from North and South American insurance companies and specialized channel partners in the near future that will continue to validate our leadership in this market.”
This latest event underscores WebTech Wireless’ commitment to providing custom made solutions for a variety of industries that depend on efficient and effective mobile resource management.
About WebTech Wireless Inc.
About Overview Mapping Ltd.
Overview Mapping was formed in 1995 and is a leading provider of telematics solutions for the UK market. The company is privately owned with head offices in Northamptonshire, UK. For more information, please visit www.overviewmapping.com.
Forward Looking Statements
# # #
For further information on WebTech Wireless, please contact:
Press / Media Contact:
Eric Wilson / WebTech Wireless
(+1) 778.370.9609, press@webtechwireless.com
Investor Relations Contact:
R. Joe Dhami
(+1) 877.811.4518 ext. 462, ir@webtechwireless.com
Trademarks are the property of their owners.
The Toronto Stock Exchange does not accept responsibility
for the adequacy or accuracy of this release.





