WEW Q2 conference

Good Initiative

Renewal and extension with AT&T

Bell network supported by Quadrant. decent sized contracts.


Sales Pushed to Q3

1. Government services in US

2. License extension with existing client

3. Quadrant multinational medium truck

Annual Investor lunch late september

cost reduction
terminate contractor relationship in brazil.
cost of sales, attrition, combine different roles in different department

Fedex.
Software revenue only.
more like channel,

eg. de-icing

last year 1 million software, 7 million hardward

Fedex no subscriber revenue



Salesforce

Q3 better than Q1.

Q4 pipeline strong

quarter by quarter performance review with sales force

pretty confident with sales target

1. Insurance
2. OEM opportunity
3. Selling opportunity is there


no guidance on revenue
Guidance: expect to be profitable for the year, positive cashflow result for the year
1. hardware order pipeline. pipeline smaller than January, but more qualified.
less than 4000 for verilocation
GNP 7000 units deployed, only 3000 left. takes another couple of months, probably another order before end of the year.

Bottom line
Invest in strategic opportunity.OEM, international opportunity.

USAA insurance

insurance early stage,

webtech 2.0, market continues to grow,

9.6 million Revenue 60% non-hardware sales, recurring.
brazil operation closed

lower opex

At&t
Fedex by the end of Q3 sales.
significant number

4.8 million