SAN DIEGO & PRETORIA, South Africa--(BUSINESS WIRE)--

Inseego Corp. (Nasdaq: INSG) – a leading global provider of software-as-a-service (SaaS) and solutions for the Internet of Things (IoT) – today announced that Ctrack by Inseego, a global software-as-a-service (SaaS) and big data solution concerned with vehicle tracking, fleet management and insurance telematics, has received the Capital Finance International (CFI) Most Innovative Fleet Management Solution Africa Award for 2016. The aim of the awards program is to identify true top performance not only based on the size of the nominated organization but also on excellence.

Ctrack by Inseego was initially nominated by the readers and subscribers of CFI magazine. “After that, a CFI.co award selection panel used a wide range of criteria to help it reach its final decision, lending a critical eye of a collective 170 years of business journalism, corporate leadership and academia to the exhaustive information gathering of the award body’s own research team,” read a statement from CFI.

Leveraging the power of telematics, Ctrack by Inseego helps individuals and businesses manage their vehicles in over 55 countries worldwide. It is a premier supplier of fleet management services, meeting strong demand with a state-of-the-art technology platform that represents over 31 years of accumulated experience. Ctrack by Inseego customers achieve an operational efficiency increase of 30%, with up to 20% savings on fuel and maintenance costs.

“The CFI.co judging panel commends Ctrack by Inseego on its holistic and proactive approach to fleet management. The firm has established a solid track record and delivers consistent results. The judges are pleased to offer Ctrack the 2016 Most Innovative Fleet Management Solution Africa Award,” stated CFI.

“Companies have long been seeing the benefits of telematics by finding new ways to save money, boost efficiencies and generate additional revenue. With continued investment in research and development, we have designed fleet management solutions and user-friendly software to ensure a perfect match with customers’ needs and requirements,” said Hein Jordt, MD of Ctrack by Inseego, South Africa.

About Inseego Corp.

Inseego Corp. is a leading global provider of software-as-a-service (SaaS) and solutions for the Internet of Things (IoT). The company sells its telematics solutions under the Ctrack brand, including its fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms. Inseego also sells business connectivity solutions and device management services. With over 31 years of experience, Inseego provides customers with secure and innovative solutions and analytics. Inseego currently serves approximately 620,000 global subscribers, including 187,000 fleet management subscribers. The company’s headquarters are located in sunny San Diego, California, with additional offices worldwide. www.inseego.com; Twitter @inseego.

About Ctrack by Inseego

Ctrack by Inseego provides global telematics solutions including fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms. Our operations span six continents in over 55 countries, with more than 430,000 subscribers worldwide. With over 31 years’ experience, we have been keeping mobile assets of consumers, small and mid-sized businesses, and large enterprises visible – resulting in vehicle security, safer driving and more efficient fleet operations. We are committed to Inseego’s vision of being an innovative global solutions provider, simply connecting people with information. www.ctrack.co.za; Twitter @CtrackSA.

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