Verizon Expands Asset Tracking Portfolio With Introduction of Networkfleet Asset Guard

NEW YORK, Nov. 14, 2013 /PRNewswire/ -- Verizon Enterprise Solutions today announced the expansion of its asset- tracking capabilities, with the introduction of Verizon Networkfleet Asset Guard. Designed to fit seamlessly on Verizon's existing Networkfleet vehicle tracking solution, Networkfleet Asset Guard runs on the Verizon Wireless network for fixed and moveable fleets such as trailers, yellow iron machines and generators.

A lightweight device with a built-in wireless antenna that easily attaches to a piece of equipment for wireless tracking, Verizon Networkfleet Asset Guard includes a long-lasting battery that allows for reliable location tracking over multiple years. Using Networkfleet's online application, business owners can track assets alongside fleet vehicles to determine exact GPS locations. Reports and alerts show if and when an asset has been moved, which asset is closest to a particular location or landmark, and when assets are moved outside of a predetermined virtual perimeter, or "geofence."

"It is becoming more critical for businesses and other organizations to track all of their vital assets, including equipment and vehicles, to help maintain security and operational efficiency," said Erik Goldman, group president, Verizon Telematics. "With Networkfleet Asset Guard, businesses and government agencies can easily locate their fleet assets and together with our other Networkfleet solutions make sure they are being used properly and efficiently. The combination of Asset Guard's long battery life coupled with the variety of reports and alerts will help public- and private-sector organizations improve equipment utilization, better manage fleet operations and control costs."

Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings provided over the company's secure mobility, cloud, strategic networking and advanced communications platforms, Verizon Enterprise Solutions helps open new opportunities around the world for innovation, investment and business transformation. Visit verizonenterprise.com to learn more.

Networkfleet is a registered trademark of Verizon Communications.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with more than 101 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with nearly $116 billion in 2012 revenues, Verizon employs a diverse workforce of 178,300.  For more information, visit www.verizon.com.

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SOURCE Verizon