Derive Systems Launches VQ Insight: A Powerful Tool for Fleet Managers to Track Fuel Savings and Emissions Reductions in Real-Time

Broomfield, Colo. - April 17, 2023 - Derive Systems, a leading provider of fleet management software,
has announced the launch of its new platform, VQ Insight. VQ Insight The new platform, enabled by
the Derive VQ technology, empowers commercial fleets to monitor their vehicles' fuel savings and
emissions reductions in real-time.

With VQ Insight, fleet managers can monitor per-vehicle and aggregate data for easy comparison
across vehicle models and timeframes, identify areas of high fuel consumption and carbon emissions,
and correct unsafe or inefficient driving patterns to enhance efficiency.

"On average, the Derive VQ solution generates between 6% to 10% immediate fuel savings per
vehicle, while simultaneously implementing speed thresholds on the engine itself," said Derive VQ
Chief Executive Officer John Oechsle. "We take pride in delivering immediate fuel efficiency and
vehicle safety to enterprise fleets of all sizes. With VQ Insight, we now make it easy to visualize
savings, impact and the next moves to continuously improve overall fleet performance."

VQ Insight is an essential solution for companies aiming to reduce greenhouse gas emissions and save
money at the pump. Through one 30-minute installation per vehicle, Derive's VQ fleet management
solution helps achieve lower fuel costs, promote sustainable fleet management practices, and
prioritize driver safety.

"Our new platform comes at a critical juncture for commercial light-duty vehicles, with petrol prices
on the rise due to COVID-19 and geopolitical tensions," said Craig Montgomery, Chief Revenue Officer
at Derive Systems. "While this may generate interest in electric vehicles, challenges such as charging
infrastructure and costs could limit adoption. Our solution provides a timely and effective way to
address the issue of rising fuel costs and serves as a transitional technology to pave the way for the
adoption of electric vehicles."

Derive Systems has been at the forefront of transforming sustainability and safety in fleet
management since 2010, with more than two million software installations. Its scalable fleet
management software platform enables fleet managers to reduce total fuel consumption without
compromising vehicle performance.

To learn more about VQ Insight and the Derive VQ Platform, visit DeriveVQ.com.