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Press Release:

Spireon’s Automotive Collateral Management Platform Recognized as “Top 20 Most Promising Automotive Tech Solution Providers” by CIO Review

Prestigious acknowledgement honors company’s leadership in providing innovative M2M solutions for automotive dealers

March 11, 2014

Top 20 Most Promising Automotive Tech Solution ProvidersIrvine, CA — Spireon, the leading M2M provider of mobile resource management (MRM) and business intelligence solutions, announced today that its automotive solutions segment was selected by CIO Review as one of the Top 20 Most Promising Automotive Tech Solution Providers.

“We are pleased to recognize Spireon as part of our Top 20 most promising automotive tech solution providers based on their achievements delivering the industry’s best Automotive Collateral Management Platform,”

“We are pleased to recognize Spireon as part of our Top 20 most promising automotive tech solution providers based on their achievements delivering the industry’s best Automotive Collateral Management Platform,” said Harvi Sachar, Publisher and Founder, CIOReview. “The winners we have selected for 2014 demonstrate the power that technology has to transform and improve lender and dealer experiences,” he added.

Spireon’s SaaS-based Automotive Collateral Management Platform is designed to mitigate risk in subprime lending for Buy Here Pay Here (BHPH) dealerships and lenders. Spireon’s solutions are actively deployed in over 1.7 million vehicles in the U.S. across the multi-vertical markets they serve.

“We are honored to be included on this prestigious list of innovative companies that are helping businesses operate with greater efficiency and productivity,” said Marc Brungger, CEO of Spireon. “Spireon has always been focused on the best interest of automotive dealers and lenders, and we continue to build on our solutions as the needs of these businesses evolve.”

Spireon’s innovation goes well beyond providing vehicle location and tracking services that dealerships can use to help improve the recovery process. The platform is an intuitive, web based application that includes rich features such as interactive mapping, customizable reports, data security, customizable geo-fences and turnkey installation.

About Spireon’s Automotive Solutions Group
Spireon, the largest provider of automotive aftermarket embedded telematics, provides a wide range of automotive business intelligence solutions. Spireon’s GoldStar GPS and LoanPlus CMS information platforms connect automotive dealers and lenders to real-time vehicle information they need to expand their auto loan portfolios and provide financing for a broader range of customers. The real-time rich data also helps protect vehicle assets, reduce risk, decrease costs to drive the bottom line while also providing positive consumer impact. Learn more about vehicle finance solutions at spireon.com.

To learn more about the award-winning collateral management systems powered by NSpire, visit GoldStar GPS and LoanPlus CMS.

About Spireon

Spireon, Inc. is the industry’s leading open connected vehicle company, providing businesses and consumers with powerful insights to track, manage and protect their most valuable assets. The award-winning Spireon NSpire platform supports more than 3.75 million active subscribers across the company’s growing suite of products for new and used car dealers, lenders and financial institutions, rental car agencies, insurers and consumers, as well as fleet, trailer and asset management companies.

Learn more at www.spireon.com

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