Webtech Wireless President & CEO, Scott Edmonds, and Chairman, Andrew Gutman

A few minutes ago, the Webtech Wireless 2012 Annual General Meeting wrapped up. Our President & CEO, Scott Edmonds, and the Chairman of the Board, Andrew Gutman, were pleased to announce the positive results we achieved last year. Even better, earlier today we released our Q1 2012 results with our fourth consecutive Quarter of positive EBITDA results.

When people look at their choices for GPS, AVL, and telematics suppliers, a publicly traded company, such as Webtech Wireless, offers clear advantages to an organization:
  • From the Chairman to our audit committee and right through the management team, we have clear governance and approval processes.
  • Our financial statements are transparent and public. Each Quarter, we release our results publically and anyone can view them. For example, our Q1 2012 Financial Statements for the three months ended March 31, 2012 show great financial results in addition to a strong balance sheet.
  • To be publicly traded, a company needs to be of a size and scale to provide confidence that we will be here today and tomorrow. Webtech Wireless started in 1999 and, unlike the many vendors who have come and gone, we have stood with our thousands of customers during that entire time.

While our public status, size, and longevity provide confidence to our customers that we can look after them. Unlike some of our competitors, we are small enough to be nimble and responsive to customer needs while being large enough to be one of the very few telematics vendors with national cellular agreements in both the US and Canada. Ultimately, we want to deliver products and services that make a difference to you and your organization, just as we have for Andy Hodges of Northwest Companies.

“We have a diverse fleet of vehicles. Webtech Wireless is the only vendor that can handle our unique requirements.”
—Andy Hodges, owner of Northwest Companies