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New EROAD AI dashcam to drive safety and productivity

Operational Update7 August 2024ERDIndustrials

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New EROAD AI dashcam to drive safety and productivity


AUCKLAND, 8 AUGUST 2024: Fleet management and transport technology software company EROAD

(NZX: ERD, ASX: ERD) announces new AI dashcam product, EROAD Clarity Edge, during its annual Fleet

Day conference.

EROAD Co-CEO, Mark Heine said, “At EROAD, we’re committed to helping businesses run safer, greener,

more productive fleets. The potential for AI to significantly shape the transport industry and fuel our

business is huge.

“What’s impressive about Clarity Edge is its ability to deliver instantaneous feedback and raise driver

awareness in the moment. We believe it has the power to save lives, as well as drive customer

attraction and retention.”

With its advanced driver behaviour monitoring capabilities, Clarity Edge aims to help fleets strike the

right balance between productivity and driver safety. In its on-road customer testing, EROAD estimates

that 99.3% of the events detected by Clarity Edge would never have been detected by traditional

telematics.

Heine explains that AI is the logical next step for safety-conscious fleets, “What we’re seeing now is

fleets striving for that next exponential lift in driver safety,” and that, he adds, is where AI comes in. “AI

can monitor the driver and the road in real-time and has the ability to detect a far wider range of

behaviours such as tailgating, fatigue or mobile use. These are known to be contributing factors to

accidents, as well as inefficient driving practices.”

EROAD Co-CEO David Kenneson, said, “We believe Clarity Edge will be highly attractive to new and

existing enterprise customers, and will be a key part of the EROAD sales offer in North America, New

Zealand and Australia.

“Fleet operators simply don’t have time to watch thousands of hours of on-road footage to spot

violations or opportunities for improvements. By leveraging advances in AI, we’re able to do that for

them. It’s a game-changer for fleet safety and productivity.

“We are also pleased to have launched Clarity Edge at our 2024 New Zealand Fleet Day, which is an

ever-growing annual gathering of the fleet community where we can discuss and consider current and

future industry trends with customers.

“We work hard to understand our customer needs and ambitions, and this product has been developed

in response to these”, says Kenneson, “and it's this sort of customer-oriented new product development

that complements our existing offer and makes our sales conversion conversations even easier.”


TEL +64 9 927 4700 PO Box 305 394

FAX +64 9 927 4701 Triton Plaza, North Shore 0757 Page 2

FREE 0800 4 EROAD Auckland, New Zealand eroad.co.nz

ENDS

Authorised for release to the NZX and ASX by EROAD’s Co-CEOs, Mark Heine and David Kenneson.


For Investor enquiries please contact:

Jason Kepecs

Jason.kepecs@eroad.com

NZ contact: +64 21 990 474

AU contact: +61 47 7711 136

For Media enquiries please contact:

Richard Llewellyn

richard@shanahan.nz

+64 27 523 2362



About Clarity Edge

Clarity Edge is an advanced dashcam solution, with integrated road, driver and fatigue AI packages. By

monitoring for risky behaviours and alerting drivers in real-time, Clarity Edge can help to prevent

accidents or reduce their severity.

The combination of the three AI packages, together with EROAD’s existing driver behaviour and fleet

management technology will enable fleet operators to identify and manage a wide range of driver

behaviour, including speeding, near misses, mobile use, fatigue and distraction.

Clarity Edge is a fit-for-purpose solution, having been built from the ground up as an AI camera, with

state-of-the-art edge-compute processing. It is at the forefront of AI camera technology, with optionality

for future integrations and enhancements such as additional peripheral cameras.


About EROAD

EROAD provides fleet management solutions to help businesses make real-time decisions from real-time

data, so they can run safer, greener, more productive businesses.

EROAD software integrates vehicle data captured from its hardware, IoT devices, sensors, and cameras

into a single interface. Providing accurate, reliable data served up via simple, intuitive apps. By enabling

data-driven fleet management practices, EROAD helps businesses across New Zealand, Australia and

North America to improve safety, ensure compliance, reduce costs, and lessen impact on the

environment.


About Fleet Day

Fleet Day is New Zealand’s fastest growing fleet management event. This year, there were more than

1,200 fleet professionals in attendance, who are estimated to be responsible for around 100,000

vehicles on New Zealand roads.

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