FLMG Fleet Management Solutions, Inc. featured news, full reports, and detailed charts
Fleet Management Solutions, Inc. (FLMG/FLMG.PK) Wrap Up:
As of May 12, 2009, Fleet Management Solutions, Inc. was acquired by F.M.S Hellas S.A., in a reverse merger transaction. Fleet Management Solutions, Inc. provides mobile asset tracking and management solutions to the energy, military, government, construction, mining, and logistics industries in Greece, the Balkans area, and internationally. Its solutions include vehicle tracking units, satellite airtime for data transmission, a Web hosted application for fleet management, and professional services for deployment and support. The company combines global positioning system (GPS) technology with two-way satellite communications, intelligent modems, and its Web-hosted application Fleet Central to deliver all-satellite, mobile fleet management, and GPS tracking systems. It also provides various products and services, such as call center and CMR solutions, road assistance, pick up and delivery, replacement, technical inspection, maintenance management, accident management, remarketing, and fleet management telematics services. Fleet Management Solutions distributes its products and services through dealership networks and car service points. It was formerly known as Silverton Mining Corp. Limited and changed its name to Fleet Management Solutions, Inc. in December 2008. The company was founded in 1987 and is based in San Luis Obispo, California.Fleet Management Solutions, Inc. (FLMG:OTC)
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Key developments for Fleet Management Solutions, Inc. (FLMG)
Fleet Management Solutions Inc. and Iridium Satellite LLC announced that the Department of Homeland Security (DHS) Office of Detention and Removal (DRO) has selected FMS Iridium-based vehicle tracking and mobile resource management systems for deployment under a major initiative to optimize efficiency. The FMS tracking equipment and hosted Web software will improve asset readiness, enhance mission effectiveness, reduce fleet costs and coordinate compliance with Federal Property Management Regulations (FPMR). DRO is installing in its vehicles a GPS tracking device, which transmits position, direction and speed and other telematic data for user-specified events and reporting. Data is sent through the Iridium satellite network to the FMS Fleet Central Web server, permitting dispatch centers to closely monitor the vehicles' location, movements and status. As part of the Immigration and Customs Enforcement (ICE), DRO operates more than 4,000 specialty law enforcement and administrative vehicles. Accurate and timely accountability of fleet assets is critical to mission success. With the annual cost of fuel and maintenance for the fleet at more than $30 million, it is an important area of efficiency improvement for DHS. FMS vehicle tracking systems also integrate well with existing enterprise applications currently in use by DRO. FMS Web services enhance real-time situational awareness, and permit more effective execution of missions in the field.
Global Geophysical Services Inc. teamed up with Communities in Colombia and Fleet Management Solutions (FMS) for Successful Survey Project. Global Geophysical Services (Global) provides customers with critical seismic data to guide future oil exploration. The newest project they are working on in Colombia is being assisted by GPS and fleet management technology to operate safely and efficiently. With survey contracts and projects located all over the world, Global works with local communities for vehicle rental and project staffing. Local knowledge and the opportunity to support local business helps Global win more contracts and run projects more effectively.
Effective February 13, 2009, Silverton Mining Corp. will change its name to Fleet Management Solutions Inc.
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