Rosh HaAyin, Israel, September 4, 2018. Pointer Telocation Ltd. (Nasdaq: PNTR, TASE: PNTR) – a leading provider of telematic services and technology solutions for Fleet Management, Mobile Asset Management and Internet of Vehicles, announced today that its Cello CANiQ IN device was officially certified for India’s MoRTH's (Ministry of Road Transport and Highways) AIS 140 standard.
MoRTH along with ARAI (Automotive Research Association of India) in India have framed the AIS 140 standard for Intelligent Transport Systems in India to bring safety and efficiency for all public transportation vehicles such as state transport buses, app based taxis, private passenger carrying buses, and non-app licensed taxis. The AIS 140 standard makes it mandatory to install approved telematics devices in all public carrying vehicles, new and old. This will provide a massive increase in telematics adoption in the already growing market of India.
Over the last period we have invested extensive efforts to get our Cello CANiQ IN device certified for the AIS 140 standard and now we believe that we are prepared to meet the large demand presented by the Indian market. That was also reported in our last quarterly investors calls. Cello CANiQ IN does not just comply with the AIS 140 standard but goes much beyond it and offers a sophisticated driver behavior analysis, accident reconstruction, diagnostics and preventive maintenance by connecting to CAN bus and OBD, external sensor integration like RFID readers, ADAS, temperature and fuel sensors, and much more.
Mr. David Mahlab, Chief Executive Officer of Pointer Telocation, commented: “We are extremely proud about Pointer being part of the limited group of the top telematics technology providers whom at this point in time have successfully certified their hardware solutions with the AIS 140 standard. We believe that the AIS 140 certified Cello CANiQ with its advanced functionalities puts Pointer in a breakthrough position to meet the expected growing demand of the Indian market resulting from the AIS 140 standard requirements. Furthermore, India itself is a large, under penetrated market for telematics, and we are excited about the new telematics opportunities we envision there.”
You can find the complete release here