FW Telematics appoints Jeff Douglas as CEO and Secures Additional Funding
NEW LONDON, Conn., Nov. 24, 2014 /PRNewswire/ -- FW Telematics is a leading Machine-to-Machine (M2M) service provider focused on extending the 'Internet of Things' into the Maritime, Oil & Gas and Mining sectors, via ruggedized Iridium Satellite solutions, GSM and Wi-Fi communications, which are coupled with a deep technology Software-as-a-Service (SaaS) backend, that can be easily customized for any client's monitoring, control and data management needs. Customers have included five Fortune 500 companies.
Jeff Douglas was previously Chief Technology Officer of Pole Star Space Applications Limited, of London, UK, and CEO of Absolute Software Inc. of Boston, acquired by Polestar in 2011. His appointment follows the retirement of CEO David Blackburn, who will continue to serve as a non-executive director on the board.
Concurrent with Jeff's appointment, select existing investors have provided further capital for expansion.
FW Chairman, Mark Donohue, commented, "Jeff was a leading pioneer in telematics 20 years ago, and has successfully implemented solutions for the most demanding of global customers. His proven ability to rapidly scale other telematics enterprises, combined with his encyclopedic market insights, will propel FW to new heights."
Jeff is partnered with Mark O'Brien, Chief Operating Officer, who has overseen FW Telematics since its founding in 2008. Mark brings 35 years of experience in the sensors, gauges, telematics and controls business, with his specialization in C&I and marine. Mark oversees sales and FW's talented engineering team, which has designed unique solutions using Iridium Satellite, GPS, GSM, CAN, ZigBee and RFID technology, among others.
FW's products include Safety & Protection Services for Lone Workers, Vessel Monitoring Systems (VMS) licensed in 50 countries, and a variety of niche industrial solutions, such as back-up energy Genset monitoring, and asset tracking & optimization in industrial environments.
Commenting on his appointment, Mr. Douglas said, "This is an ideal time to be joining the team at FW and a great opportunity to lead such a well positioned firm in the high-growth M2M market, as we ride the coming tidal wave in Big Data management and the Internet of Things."
About FW Telematics:
Established in 2008, FWI provides a suite of applications to provide real-time information about the location and status of remote assets — such as fishing vessels, workboats, mining equipment and trains. With customers in over 50 countries, including some of the biggest names in the industry, FW seeks to become the leading provider of remote asset management and lone worker safety solutions.
Press Contact / Information Requests:
Jeff Douglas, CEO
FW Telematics
PO Box 486
303 Norwich-New London Turnpike
Uncasville, CT 06382
Phone: +1 (860) 848 6600
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SOURCE FW Telematics
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