OTI and BP Expand GMS Network to Two Additional Countries - Zambia and Tanzania
25.06.2001, 09:33
Rosh Pina, Israel (ots/PROTEXT) - OTI (Neuer Markt: OT5)announced today that its wholly owned subsidiary, OTI Africa, hasreceived orders from BP Zambia and BP Tanzania to install 26FuelMaster stations servicing commercial customers to theirnetworks. Thousands of additional vehicles are expected to beinstalled as a result. Additionally, both companies will installsystems on-site for a number of prominent fleet customers,enabling them to use FuelMaster for refuelling both at home andon the road. The installations will be completed in Zambiaduring the third quarter, and the company intends to launch theproduct in the fourth quarter. FuelMaster is BP's chosen brandname for OTI's Gasoline Management System (GMS) in the Africanmarket.
These orders are part of a three-year agreement between thetwo companies to extend the FuelMaster network throughout thesoutheastern portion of the continent. OTI receives transactionfees based on fuel volumes through the FuelMaster system, inaddition to on-going service fees. FuelMaster's expansionthroughout Africa is a result of the system's success in SouthAfrica, where more than 10,000 vehicles have been installed andover 6,000 FuelMaster Express tags have been issued since itslaunch late last year. As a result of the FuelMaster system, BPhas increased its market share in these African markets. Whilethe FuelMaster program provides convenient fuel management forfleet customers, the FuelMaster Express program targets theprivate motorist market.
"OTI has proven the success of FuelMaster in South Africa,generating additional demand by fleet companies throughoutsouthern Africa," said Charlotte Hambly-Nuss, Managing Directorof OTI Africa. "Continuing our expansion into Zambia and Tanzaniawith both on-road and home-base installations offers our fleetcustomers unmatched support wherever their business takes them."
"These new sites expand our ongoing partnership with BP SouthAfrica while continuing to fulfil our objective of generatingmultiple revenue streams from our projects, including supportfees and transaction fees," said Oded Bashan, President and CEOof OTI. "GMS is a proven success around the world, includingTurkey, Ecuador, South Africa, and beyond."
OTI has been appointed by BP to provide encoding,installation, driver training, maintenance, repair, qualitycontrol, customer care, technical support, and developmentservices for the FuelMaster program How FuelMaster Works Each FuelMaster vehicle is fitted with an antenna mountedaround the fuel tank inlet, connected to a smart card installedin the vehicle. The smart card provides unique identificationfor each vehicle, and is also capable of recording informationsuch as odometer readings. A matching antenna installed on thepump nozzle, is connected to the site computer. When the pumpnozzle enters the fuel inlet, the smart card communicates withthe site computer. Once the computer is satisfied that alegitimate driver is attempting to fuel an authorized vehiclewith the proper fuel grade, the pump will begin dispensing fuel.During refuelling, operating data from the smart card istransmitted to the computer for reporting purposes. Removing thenozzle will immediately stop the flow of fuel. Comprehensivefuel management reports are generated and provided to fleetoperators on a regular basis.
How FuelMaster Express Works
The FuelMaster Express program uses an OTI smart key fob tocarry a driver's payment information. The key fob is simplypresented to the reader located on the pump nozzle. The readerelectronically authorizes the data from the key fob, and ifvalid, initiates the fuelling process. When fuelling is completethe key fob is returned to the driver who can depart immediately.It is not necessary to sign a receipt, but a receipt may berequested.
About OTI
Established in 1990, OTI (On Track Innovations) designs anddevelops contactless microprocessor-based smart card technologyto address the needs of a wide variety of markets. Applicationsdeveloped by OTI include products for mass transit, parking, gasmanagement systems, loyalty schemes, identification, and securecampuses. OTI has regional offices in the US, Europe, AsiaPacific, and Africa to market and support its products. Thecompany was awarded the prestigious ESCAT Award for smart cardinnovation in both 1998 and 2000. Visit OTI on the Internet atwww.oti.co.il.
OTI Africa, a subsidiary of OTI Limited, is responsible forthe distribution, installation and maintenance of OTI's productsand technology in the African market. Users of the OTItechnology have access to an experienced and professionalmanagement team who lead and guide dedicated functions in sales,marketing, installation, technical, development and supportservices.
ots Original Text Service: OTI Internet:http://www.presseportal.de For more information contact: FrankSchwarz Kirchhoff Consult AG Tel: +49 69 7474 8615 Mob: +49 175221 1108 frank.schwarz@kirchhoff.de
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