Today, we officially announced that Navman Wireless earned a slot on the Inc. 500|5000 list in our first year of eligibility since spinning off from a parent company in late 2007.
With our strong growth history, we are now one of the top five fleet management technology providers in the world. Our fleet tracking platform tracks more than 160,000 vehicles in 13 countries, with new vehicles added on a regular basis. The technology is helping participating companies save over 33 million gallons of fuel annually through the ability to improve routing and identify sources of fuel waste such as idling and unauthorized vehicle use.
This marks our eighth award in the past year and a half and we are honored to have made the list in our first year of eligibility.