IMS DriveSync Solution Wins Prestigious Frost & Sullivan Award

Recognized for excellence in product differentiation

WATERLOO, ON, Sept. 23 /CNW/ - Intelligent Mechatronic Systems (IMS) is honored to be recognized by Frost & Sullivan with its Product Differentiation Excellence Award in the Automotive and Transportation Category for its DriveSync solution. DriveSync is the leading end-to-end, turn-key telematics platform that can be used for a variety of industries such as usage-based insurance (UBI). Recipients of this award are measured against key competitors and their products, and the company's ability to differentiate its product in the marketplace. Defining criteria include unique product features and functionality, brand perception and the company's ability to customize offerings according to clients' needs.

By awarding IMS this distinction, Frost & Sullivan recognizes DriveSync's unique, comprehensive solution for pricing usage-based auto insurance, collecting road tolls, managing road usage, monitoring fleet locations, assisting in the recovery of stolen vehicles, providing automatic collision notification, remote vehicle diagnostics and more. The DriveSync platform is modular and can include several components such as hardware provisioning, wireless communication management, application hosting, logistics support, third party API integration, user-portals with a customizable GUI, data aggregation, storage and security.

"We are excited to be honored by Frost & Sullivan with this prestigious award," says Ken Truffen, vice president, marketing at IMS. "We believe DriveSync will play a key role in the advent of the Connected Car for both OEM and aftermarket programs as evidenced by the trials now taking place with some of the world's largest insurance companies and municipalities."

"We examined the best product offerings from the top companies in this market segment, and IMS' DriveSync solution consistently outperformed the competition in terms of quality, complexity, features and functionality, along with the ability to meet the needs of the end-user," says Matt Scruggs, industry analyst for Frost & Sullivan. "As of 2010, this is the benchmark."

About IMS

Intelligent Mechatronic Systems Inc. (IMS) specializes in the research, development and production of innovative and progressive solutions in the areas of automotive safety, telematics and mobile media. Our proprietary technologies are making vehicles "safer, smarter and greener" and we are dedicated to making the "connected car" a reality. IMS' solutions include: iLane, the ultimate in-vehicle platform that provides drivers with interactive access to remote on-demand content and time-sensitive information; Prompt(TM), a voice-activated dispatch solution that enables taxi and limousine drivers to conduct their job entirely hands-free via simple voice commands such as sign-in, receive job information, accept/decline jobs and provide ETA info; and DriveSync(TM), the ultimate turn-key telematics platform which enables a variety of solutions including usage-based insurance offerings, fleet monitoring, vehicle tracking, and government programs. IMS is based in Waterloo, Ontario, Canada. For more information about IMS, please visit www.Intellimec.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.awards.frost.com.

For further information: Alanna Glicksman, Hill & Knowlton Canada, 416.413.4743 or [email protected]; Melissa Sheridan, Blanc & Otus, 415.609.6875 or [email protected]