November 17, 2011
To our clients:
I’m writing to share an exciting development with our clients. DriveCam, a global driver risk management company with headquarters in San Diego, has announced today its agreement to acquire RAIR. The acquisition, which will close early next month, has been enthusiastically supported by the entire RAIR management team.
DriveCam prevents collisions and reduces fuel costs by improving the way people drive. The company’s solution addresses the causes of poor driving by combining data and video analytics with real-time driver feedback and coaching. For more information about the company, visit www.drivecam.com.
You will not notice any changes to your services, contract, pricing, level of customer support or relationship with your account manager. Behind the scenes, however, we will be investing in new technologies and innovative new products with the support of DriveCam. I will continue to lead the company as president and CEO.
TO learn more, read DriveCam’s announcement to the media. Please contact your account manager or me at glofy@rair.com or (262) 780-6604 with any questions or concerns. As always, I thank you for your confidence in RAIR.
Sincerely,
Gregory J. Lofy
President and CEO