Market Overview

Omnitracs Announces New Chief Financial Officer


John Hofmann appointed to lead company's financial, mergers and
acquisitions, and legal operations as part of larger growth strategy

, a global pioneer of fleet management solutions to
transportation and logistics companies, today announced the hiring of
John Hofmann as Chief Financial Officer (CFO). In this role, Hofmann
will oversee the company's financial, mergers and acquisitions, and
legal operations, ensuring that Omnitracs' financial strategy aligns
with the company's overall corporate objectives. As the company enters
its next phase of growth, Hofmann will also work with the leadership
team to identify new revenue opportunities and expand into new markets.

With over 20 years of operations, private equity and management
consulting experience, Hofmann brings a wealth of financial leadership
to the executive team. Prior to joining Omnitracs, Hofmann was the CFO
of Infogroup, a leading information services company. Prior to
Infogroup, he held leadership roles at well-known private equity firms
Silver Lake Sumeru and GTCR. Hofmann began his career as a management
consultant at McKinsey & Company. Hofmann received a master's degree in
business administration from Harvard Business School and a bachelor's
degree in history from the University of Pennsylvania.

"Omnitracs would not have achieved this level of success without the
hard work of our entire team and the leadership of our dedicated
management team," said Ray Greer, CEO of Omnitracs. "As we continue to
grow, John's extensive background and proven track record will lead the
company to even greater success."

"Omnitracs is one of the most well-respected companies in the industry,
and I'm thrilled to join the team during this exciting period of
innovation and expansion," said Hofmann. "The company has a long
tradition of delivering leading technology solutions to the market. I
look forward to being part of the team and helping to deliver the next
generation of solutions that make our customers more successful."

This strategic hire comes on the heels of several other executive hires,
including the addition
of Stacey Martin
as the new Chief Human Resources Officer.

About Omnitracs, LLC
Omnitracs, LLC is a global pioneer of
trucking solutions for all business models. Omnitracs' more than 1,000
employees deliver software-as-a-service-based solutions to help over
12,000 customers manage nearly 1,100,000 assets in more than 70
countries. The company pioneered the use of commercial vehicle
telematics 30 years ago and serves today as a powerhouse of innovative,
intuitive technologies. Omnitracs transforms the transportation industry
through technology and insight, featuring best-in-class solutions for
compliance, safety and security, productivity, telematics and tracking,
transportation management (TMS), planning and delivery, data and
analytics, and professional services.

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