San Francisco, CA / ACCESSWIRE / June 9, 2014 / Concierge Technologies, Inc. (OTCQB: CNCG) today announces that Onyx Insurance Company, Inc., a Risk Retention Group domiciled in Tennessee with offices in New York City and San Francisco, has selected Janus Cam, a wholly owned subsidiary of Concierge Technologies, as the preferred provider of high definition video recording devices. Janus Cam, a Nevada corporation with offices in San Francisco, will provide its latest generation Janus V2HD product to Onyx who, in turn, will supply the product to all of its insured’s vehicles as a mandatory requirement to provide liability insurance. The Janus V2HD provides high definition recordings of events inside and outside the vehicle, audio recordings inside the vehicle, and GPS-based vehicle tracking. The Janus V2HD is also equipped with integrated WiFi capability for data uploads and video streaming to smart phones or client servers with secure file storage, event triggers and a proprietary viewer application for management review and risk analysis.
"Research as shown, and in fact Janus Cam’s own findings have validated, that insurance loss claims have fallen as much as 95% for those fleets utilizing the video and tracking technology provided by Janus Cam" commented David Neibert CEO of Concierge. "With most municipalities now approving use of recording devices in vehicles for hire and, in many cases, requiring that vehicles are equipped with recording devices, insurance companies are beginning to see the benefits that are evidenced in the reduction of claims and the lowered costs of litigation and claim investigations. Onyx has seen the trend and is obviously jumping onboard to realize those benefits for its members and insured clientele. Janus Cam is a well recognized provider of recording devices to the taxi and limo industry with a significant presence throughout most of the U.S. metropolitan area and we’re pleased to be Onyx’s choice as a preferred supplier." David Choi, director of sales for Janus Cam, added "We have been demonstrating for years how the presence of our device not only lowers insurance claims, but increases driver safety and provides management with a complete set of tools to more efficiently manage their fleet. Onyx has been working with us for the last fifteen months, and is now mandating that all of their insured fleets have the Janus camera for risk management. Moreover, the fleet managers are fully embracing the technology as they discover all the imbedded features that go toward improvement of driver behavior and safety, passenger safety, dispatch efficiencies and overall management of operating efficiencies. We’re excited to be part of the process of improving the taxi and limo experience for passengers and operators alike."
Onyx specializes in the underwriting of transportation liability coverages with a particular focus on the public livery industry. Founded by an experienced group of insurance and transportation executives, Onyx supports its conservative underwriting with leading risk management capabilities complemented by aggressive claims handling. Onyx offers coverage nationwide with offices located in New York and San Francisco. For more information contact Peter H. Foley: [email protected]: 917-399-3035
This release may contain "forward-looking statements" that include information relating to future events and future financial and operating performance. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. For a more detailed description of the risk factors and uncertainties affecting Concierge Technologies or its subsidiary companies, please refer to the Company's recent Securities and Exchange Commission filings, which are available at the Company’s website or at www.sec.gov.
For investor information contact:
Concierge Technologies, Inc.: www.conciergetechnology.net
David Neibert, CEO: [email protected]
Tel: 866-800-2978 ext. 3
For Janus Cam sales and information contact:
Janus Cam: www.januscam.com
Peter Park, President
SOURCE: Concierge Technologies, Inc.