Abu Dhabi-based Capital Security and Communications Services (CASCOM), a business unit of the Capital Group, has signed a joint venture agreement with Arab:IT a leading mobile asset fleet management systems provider.
Arab:IT is the sole distributor of Telargo fleet management systems and solutions throughout the United Arab Emirates.
Commenting on the joint venture, Sheikh Rashid bin Hamdan Al Nahyan, commented, “We are happy to have completed the agreement with ArabIT/Telargo. This is cutting edge technology that not only empowers companies to run their vehicles and workforce more efficiently but contributes to reduced greenhouse emissions and improves road safety which the Emirate is committed to.”
Capital Security specialises in design, supply, installation and maintenance of products such as access controls, alarm systems, CCTV, customer flow management solutions, central clock systems, information displays, and a wide range of low current systems including mobile and fixed line communication systems industry wide.
“The product offering from Arab:IT will complement our existing profile and product portfolio and has enormous growth opportunities in the region,” said Qutaiba Amin, Managing Director of CASCOM.
John Bergl, Managing Director of Arab:IT, added: “This is a strategic move for both companies. Capital is an established market leader in the UAE and this agreement will serve as a springboard for Arab:IT to serve the Abu Dhabi market and to raise our profile in the region. We will work closely with Capital on joint marketing campaigns with an emphasis on pursuing business sectors such as public transport, utilities and waste management.”
The Telargo system combines established technologies from global positioning and wireless communication to digital mapping and hosted as well as mobile applications. Telargo has implemented systems for clients in Austria, Brazil, Greece, Hong Kong, Hungary, Italy, Macao, Malaysia, Mexico, Slovenia, Thailand, Turkey, UK and the United States as well as the UAE.
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