Agreement with fleet management specialist strengthens and broadens Capital's business portfolio
Abu Dhabi-based Capital Security and Communications Services (CASCOM), a business unit of the Capital Group, has signed a joint venture agreement with Arab:IT a leading mobile asset fleet management systems provider.
Arab:IT is the sole distributor of Telargo fleet management systems and solutions throughout the United Arab Emirates.
Commenting on the joint venture, Sheikh Rashid bin Hamdan Al Nahyan, commented, "We are happy to have completed the agreement with ArabIT/Telargo. This is cutting edge technology that not only empowers companies to run their vehicles and workforce more efficiently but contributes to reduced greenhouse emissions and improves road safety which the Emirate is committed to."
Capital Security specialises in design, supply, installation and maintenance of products such as access controls, alarm systems, CCTV, customer flow management solutions, central clock systems, information displays, and a wide range of low current systems including mobile and fixed line communication systems industry wide.
"The product offering from Arab:IT will complement our existing profile and product portfolio and has enormous growth opportunities in the region," said Qutaiba Amin, Managing Director of CASCOM.
John Bergl, Managing Director of Arab:IT, added: "This is a strategic move for both companies. Capital is an established market leader in the UAE and this agreement will serve as a springboard for Arab:IT to serve the Abu Dhabi market and to raise our profile in the region. We will work closely with Capital on joint marketing campaigns with an emphasis on pursuing business sectors such as public transport, utilities and waste management."
The Telargo system combines established technologies from global positioning and wireless communication to digital mapping and hosted as well as mobile applications. Telargo has implemented systems for clients in Austria, Brazil, Greece, Hong Kong, Hungary, Italy, Macao, Malaysia, Mexico, Slovenia, Thailand, Turkey, UK and the United States as well as the UAE.
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About Telargo
Telargo started operations in 2005 as a joint venture between Ultra and NTT DoCoMo, Japan's leading mobile communications company, with the goal of becoming the leading global provider of mobile assets management solutions. Telargo areas of operations include North America and Mexico, Europe and Asia. The company headquarters is in New Jersey, USA; the European office in Frankfurt, Germany. A growing network of Telargo Service Providers includes Arab:IT in the United Arab Emirates. For more about information, go to www.telargo.com or www.arabit.biz
About Capital Security & Communication Services
CASCOM was established in 1992 and is a fully licensed company owned by HH Sheikh Rashid bin Hamdan Al Nahyan with its corporate headquarters in Abu Dhabi, servicing the Gulf region. CASCOM is a registered supplier with all government departments, oil companies, utility companies and banks and has more than 15 years of business transactions with them. Its employees include highly qualified and experienced engineers, backed by a fully equipped service centre. CASCOM assists the customers in planning, consultancy, design, supply, project management, engineering, installation and system integration. For more information email: kazim@capitalgroup-uae.com or cascom@capitalgroup-uae.com
Media contact
Steven Jones
Managing Director
Shamal Marketing Communications
Dubai, United Arab Emirates
Tel: +9714 365 2711
Cell: +9715 0455 9769
E-mail: steven@smc-pr.com
© Press Release 2009
