The technology will enable the customer to manage its fleet of about 1,500 vehicles and will be integrated into the customer's dispatch centre. In addition, Pointer's Dynamic Real Time Dashboard will be used to help reduce fuel waste and unauthorised use of fleet vehicles and to lower the accident rate.

David Mahlab, president and CEO of Pointer, said: "We are very pleased that an important and sizable Brazilian customer chose our solution over the alternatives in this competitive market. This agreement is another demonstration of the ongoing positive results from our global growth strategy.

“This transaction in Brazil further demonstrates our ability to close significant deals in the markets in which we operate, as well as the attractiveness of our unique technology and services to those markets. While the macroeconomic situation in Brazil remains tough and has affected our business in that region in the past year, we believe that we are now in a position to resume our growth trend in this promising market," concluded Mr Mahlab.