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TMCNet:  Modus and Device Cloud Networks Announce Partnership to Bring Insurance Telematics Solutions to Europe

[February 26, 2014]

Modus and Device Cloud Networks Announce Partnership to Bring Insurance Telematics Solutions to Europe

BARCELONA, Spain --(Business Wire)--

Modus, a world leading insurance telematics solution provider and Device Cloud Networks (DCN), a global provider of machine-to-machine (M2M) connectivity solutions, today announced a new partnership to bring Modus' innovative suite of insurance telematics solutions to insurance providers and their customers in the EU and United Kingdom. Both Modus and DCN have their technologies on display at the Mobile World Conference, being held in Barcelona. Conference attendees can visit Modus and DCN in Hall 2, meeting room A2MR.

Insurance telematics is changing the dynamics of the automobile insurance marketplace by enabling insurers, businesses and consumers alike to access and manage actual usage data emanating from cars, busses and trucks. The result is the potential to improve driver safety while providing real-time feedback to fleet managers, insurers and family on key driver and automobile metrics like speed and braking.

"Connectivity and functionality are paramount to expanding insurance telematics to global markets and DCN delivers those solutions exceptionally well," said Brandon Johnson, CEO of Modus. "With the ability to deliver global connectivity on demand, fully automated service provisioning and connectivity management and APIs that make it easy to quickly develop and deploy new applications, DCN provides a strong and rapdly evolving backbone on which to deploy our solutions."

Fully deployed insurance telematics solutions, such as those being implemented by Modus in the United States and elsewhere, require a vast array of device, network and data management distributed across large geographies. The Modus and DCN partnership promises to replicate this success across Europe and the United Kingdom through the combination of device management and cloud-based solutions.

"Our approach is unique in the M2M marketplace," explains Dave Williams (News - Alert), chief executive officer, DCN. "Through our partners and our simplified connectivity process and comprehensive platform, we can bring device connectivity to virtually any market in the world, enabling solutions like Modus' insurance telematics platform to go places never before possible."

About Modus Group

Since 1999, Modus has been developing wireless solutions, application development and logistics services to corporate enterprise, education, public service, and general business sectors. Since 2008, Modus has been a leading full service provider of insurance�telematics�solutions. Modus built the first�UBI�product offering on CDMA networks and is one of the only vendors with national, commercial�insurance telematics�deployments across all the major cellular carriers. Modus is headquartered in Huntington Beach, California. For more information, see�www.moduspowered.com�or follow us�@GoModus.

About Device Cloud Networks

The M2M platform by DCN is a next-generation set of capabilities that combines service provisioning and device management with application enablement tools to simplify the process of bringing wireless connectivity to products of any type.

For more information, please visit�http://devicecloudnetworks.com/.


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