Vetronix and Injury Sciences Announce Extension of Strategic Partnership
Agreement for Crash Data Retrieval System
Agreement Extends the Length and Breadth of Joint
Marketing Agreement for Vetronix's CDR System That Harvests Vehicle
'Black Box' Data
FT. LAUDERDALE, Fla.--(BUSINESS
WIRE)--July 23, 2003-- Vetronix Corporation, a leading provider of advanced
automotive diagnostic equipment and telematics solutions, and Injury
Sciences LLC announced today at the Collision Industry Conference (CIC)
meeting in Ft. Lauderdale, Fla., that they have extended and broadened
their strategic partnership.
The partnership,
which first began in September 2000, pairs the Vetronix CDR (Crash Data
Retrieval) system with Injury Sciences' WrExpert system. WrExpert assists
insurance professionals in analyzing the severity of vehicle collisions
and the potential for bodily injury resulting from those collisions.
The Vetronix CDR
system consists of hardware and software that downloads pre-crash and
crash data from the vehicle's airbag module to a laptop computer. The
Windows® based software presents the data in easy-to-read graphs
and tables that, depending on the vehicle, show some or all of the following:
Vehicle speed
(up to 5 seconds before impact)
Engine RPM
Brake application
Throttle position
State of seat belt (may include driver and passenger)
Passenger's side airbag enabled/disabled
Airbag warning lamp status
Time from impact to airbag deployment
Maximum Delta V for near deployment
The CDR software
can display the critical 5 second period leading up to airbag deployment
and show key parameters on a chart that can help investigators determine
when and if brakes were applied and show speed and deceleration of the
vehicle prior to the airbag deployment. The system can be used in stand-alone
mode, or can be coupled with the WrExpert system from Injury Sciences
to provide a powerful suite of analysis tools.
The first version
of the CDR system was developed in cooperation with General Motors and
contained software capabilities for General Motors vehicles only. This
latest software release, developed in cooperation with Ford Motor Company,
allows the CDR system to communicate with most of Ford's advanced Personal
Safety System equipped vehicles -- those of greatest interest to safety
researchers.
Scott Palmer, President
and CEO of Injury Sciences stated, "Vetronix is the only company
that offers a tool to harvest objective crash data from Ford and General
Motors vehicles. This data often provides extremely valuable information
regarding the events immediately preceding the crash and is an excellent
addition to our WrExpert suite of solutions. By using the vehicle as
an objective 'witness' to the collision, our customers are better able
to evaluate the facts of loss, derive the severity of the collision
and evaluate potential for injury. We have enjoyed our three year partnership
with Vetronix and look forward to continuing the relationship."
Jack Rozint, Strategic
Business Unit Manager of Vetronix, stated: "The recent addition
of Ford vehicles to the CDR database means that we can now provide data
on nearly one in five late model vehicles involved in a serious accident
where airbags are nearly or completely deployed. Injury Sciences has
been an excellent partner in helping to bring this important technology
to the automotive claims industry."
For information
about the CDR system, which can be ordered directly from Vetronix, contact
the Vetronix sales department at 800-321-4889. For information on WrExpert
system, contact Injury Sciences at 877-979-7378.
About Vetronix
Founded in 1984
and headquartered in Santa Barbara, Calif., Vetronix has offices nationwide
as well as in Japan, England and France. Vetronix has developed worldwide
solutions for commercial fleet and OEM use to create a new paradigm
for Integrated Telematics and Diagnostics. The company is a leading
supplier of automotive electronic diagnostics, and the company is notable
for having developed the very first OEM serial data scantool. The Tech
1® and Mastertech® brand names have become synonymous with excellence
in the automotive Scantest market. Vetronix currently has cooperative
development relationships with such OEMs as General Motors, Toyota,
Honda, and Nissan. Today, over 40% of all vehicles manufactured worldwide
are serviced at the dealership level with equipment and software developed
by Vetronix. Vetronix products have won numerous industry awards, most
notably six Top 20 Tools Awards from Motor Magazine, the leading trade
publication in the Automotive Aftermarket, as well as the Innovation
Award from Professional Tool and Equipment News magazine. In 2000, Vetronix
was honored by South Coast Business Technology as "Company of the
Year," and has just received two Frost and Sullivan Awards for
telematics excellence. The company's website is www.vetronix.com.
About Injury
Sciences LLC
Injury Sciences
LLC is headquartered in San Antonio, Texas, and is the leader in engineering-based
expert systems for claims with customers including four of the ten largest
auto insurance carriers in the U.S. The company's flagship product,
WrExpert®, was initially released in October 1998 and is now an
internet-based expert system. WrExpert evaluates the severity of specific
automobile collisions and numerous other accident characteristics by
using Injury Sciences' patented approach to analyzing damage repair
estimate information and damage profiles of vehicles involved in a collision.
WrExpert is the first claims application to integrate and analyze vehicle
"black box" data, evaluate the potential for a variety of
injuries for automobile accidents and provide engineering-based diagnostics
of negligence/liability factors. The company's website is www.injurysciences.com.
Contact:
Vetronix Corporation
Jason Alexander, 800-321-4889, ext. 3199
jalexander@vetronix.com
http://www.vetronix.com
Source: Vetronix
Corporation
###
Back
to News
