Lysanda also announces that TNT Express in Benelux has signed an initial order to supply it with 175 Eco-Logs, which will be fitted to its fleet of Mercedes Sprinter vans.
Eco-Log helps reduce vehicle fleet running costs by providing highly accurate data on fuel consumption and wastage. Savings are made by improving driving behaviour using the invehicle driver aid and management reporting tools.
When plugged into the vehicle On-Board Diagnostics computer using an industry standard cable, Eco-Log accurately calculates the energy used and emissions produced. This data is processed to provide vehicle trip performance information for:
* Real-time feedback to driver on in-vehicle display;
* End of trip/period review by the fleet manager; and
* Periodic management reports.
For customers, the Return on Investment (ROI) is expected to be less than one year. Lysanda Chief Executive Alex Willard said:
This partnership with TNT, a leading international delivery provider, is an important milestone for our business. Efficient vehicle monitoring is a priority for the commercial road fleet market and we are confident that our Eco-Log product will help TNT to significantly reduce its costs and emissions whilst better managing its fleet.
Ben Klaassen, Managing Director of TNTs Express Road Networks, said: We are delighted to have reached an agreement with Lysanda. The Eco-Log is an innovative and unique product and the software will enable us to carefully monitor our vehicles, providing an accurate measurement tool for fuel usage and carbon emissions. We believe that the fuel and carbon savings delivered by Eco-Log will help us in our commitment to drive down our carbon emissions
Carin ten Hage, Director of TNTs Planet Me Programme, said: We are always looking for new ways to achieve our ambition of becoming the world's first zero-emission transport company. By installing Eco-Log into our fleet vehicles we should significantly reduce our carbon emissions by improving the CO2 efficiency of our core business activities.