Tollaid Pilot Agreement

Connexion Telematics Ltd (“CXZ”, “Connexion” or “the Company”) is pleased to advise of a Pilot Agreement (“Pilot”) signed with US automotive software company Tollaid LLC (“Tollaid”).

The Pilot follows Connexion’s strategy of partnering with high-quality software providers servicing the US automotive industry with products complementary to OnTRAC & CXZTRAC.

Based in Dallas, Texas, Tollaid supplies an innovative range of digital tools used today by fleet managers, including dealerships, to manage their toll payments in real-time across 8 states in the US.

Today, a significant portion of Connexion’s user base of Dealers regularly contends with the challenge of manually processing and recovering customers’ toll-charges following the return of a courtesy or rental vehicle.

Through integration with Tollaid’s technology, OnTRAC & CXZTRAC users stand to benefit from reduced net tolling expenses and reduced time to process and recover payments.

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