Veolia Environmental Services Commits to DriveCam

3-Year Managed Services Contract Across Entire Fleet

SAN DIEGO--()--DriveCam, Inc., a global Driver Risk Management Company, today announced that Veolia Environmental Services, one of the nation’s largest solid waste management organizations, has signed a 3-year contract to deploy DriveCam’s Managed Service Program across its entire fleet.

“We have been very pleased with the results we’ve seen with DriveCam – an 89% reduction in risk frequency program-to-date improvement,” commented Jim Long, President and CEO of Veolia ES Solid Waste. “Having worked with DriveCam for many years, we’ve found them to be a proven partner that delivers bottom line results and continually enhances their product to meet the operational needs of solid waste fleets.”

John Nowak, North American Director of Safety at Veolia ES Solid Waste, added, “DriveCam provides an easy-to-use solution that allows us to attain the results we need with the lowest possible impact on our organization. We’re excited to expand our relationship and ensure on-going safety and operational improvement throughout the Veolia Environmental fleet.”

DriveCam continually adapts its technology and service to deliver an effective and efficient solution for large scale fleets, like Veolia Environmental Services. As a result, DriveCam clients regularly see dramatic reductions in collision costs, lower operating costs (including fuel), and can report a positive impact on the environment – a key focus of Veolia Environmental.

“We are proud to continue our relationship with Veolia Environmental, where safety and the environment are core values,” commented DriveCam CEO Brandon Nixon. “Our proven ability to provide a strong return on investment, along with our deep experience in the unique attributes of the solid waste industry help to ensure our on-going partnership with Veolia.”

About Veolia Environmental Services North America Corp.

Based in Chicago, Veolia Environmental Services North America Corp. is the leading provider of fully integrated waste, environmental and industrial cleaning solutions to residential, municipal, commercial and industrial customers across the US, Canada and the Caribbean. The company is part of the Veolia Environnement companies in North America, with 30,000 North American employees providing sustainable environmental solutions in water management, waste services, energy management, and passenger transportation.

The Veolia Environmental Services group is one of the largest waste services companies in the world and the only global manager of liquid, solid, non-hazardous and hazardous waste; on-site waste processing; industrial cleaning and process maintenance; and recycling, recovery and disposal for both the public and private sectors. Its parent company, Veolia Environnement (NYSE: VE and Paris Euronext: VIE), is the worldwide reference in environmental services. With more than 313,000 employees in 74 countries, Veolia Environnement recorded annual revenues of over $46 billion in 2010. Visit the company's Web sites at www.veolia.com and www.VeoliaES.com.

About DriveCam Inc.

As proven experts in the science of safe and efficient driving, DriveCam prevents collisions and reduces fuel costs by improving the way people drive. Our solution addresses the causes of poor driving by combining data and video analytics with real-time driver feedback and coaching, resulting in reductions in collision-related costs and fuel consumption in over 150,000 commercial vehicles. In addition, DriveCam has monitored and analyzed data from over 3 billion driving miles and holds the world's largest database of risky driving, which is continually used to improve proprietary analytics and deliver insights into transportation industry trends. DriveCam was recently recognized as #30 in The Wall Street Journal’s listing of Top 50 Venture-Backed Companies.

For more information, visit www.drivecam.com.

Contacts

DriveCam Inc.
Eric Cohen, 858-380-3161
ecohen@drivecam.com

Release Summary

Based on program results, Veolia Environmental Services signs a 3-year contract to deploy DriveCam's Managed Services Program across its entire fleet.

Contacts

DriveCam Inc.
Eric Cohen, 858-380-3161
ecohen@drivecam.com