EROAD achieves US first with registration of ELD

EROAD achieves US first, with registration of Electronic Logging Device 2 March 2017 Auckland Transport technology service provider EROAD (NZX:ERD) has successfully registered the first in-cab, hardware-based Electronic Logging Device (ELD) for the US market. EROAD's ELD has been listed on the US government's register of providers offering services to meet new federal rules for electronically recording drivers' hours of service. EROAD's device is the first on the register to offer permanent in-cab hardware as part of a comprehensive solution. The other 30 devices on the register offer less comprehensive app-based services using a smart phone or heavy mobile computer case without a permanent, in-cab device. EROAD's major competitors offering in-cab hardware are yet to have ELD devices listed on the ELD register. EROAD launched its ELD on Monday this week at ATA TMC, the American Trucking Associations' Annual Meeting & Transport Technology Exhibition in Nashville, TN. Trucking firms in the US have until December 2017 to comply with a federal regulation requiring drivers to record their record of duty status electronically in a way that is tamper-resistant and readily transferrable to enforcement officers. EROAD has also initiated independent, third-party verification to provide assurance to the industry that its system is compliant, best-in-class, and operationally easy to use. "Having our ELD accepted onto the FMCSA register means we are able to offer a compliant ELD to the US market this month, as scheduled," EROAD CEO, Steven Newman said. EROAD's ELD is offered on the same, integrated platform, as its electronic tax, safety and fleet management services, including electronic IFTA, Oregon Weight Mile Tax, driver and vehicle analytics, and real-time fleet tracking. About EROAD EROAD modernises road charging and compliance for road transport by replacing paper-based systems with easy-to-use electronic systems. The company is headquartered in Auckland, New Zealand, and listed on the New Zealand Exchange (NZX). Its US business is based in Portland, Oregon, serving customers with vehicles operating in every US mainland state, growing outward in concentration from the Northwest. In 2009 EROAD introduced the world's first nationwide electronic road user charging (eRUC) system in New Zealand and, in 2017, more than 50% of heavy transport RUC is expected to be collected electronically, representing a rapid transition to e-commerce on a voluntary, industry-led basis, due to the cost-savings and benefits to customers. EROAD is also a leading provider of health and safety compliance services, including vehicle management and driver behaviour and performance measures. www.eroad.co.nz ENDS For further information contact: Sara Goessi - VP Global Marketing & Communications E: sara.goessi@eroad.com M: 021 634 909 End CA:00297728 For:ERD Type:GENERAL Time:2017-03-02 10:04:29