Kamloops, BC, Canada — November 1, 2016 — We would like to announce that Streamline has completed the acquisition of Spur Innovations. Spur is a small, but dynamic technology company that specializes in automotive technologies, such as active controls, and engine control gateways that expand the use of on-board technology platforms to new levels. By combining Spur’s capabilities with our Navistream on-board intelligence platform, we can give our customers industry leading telematics and automotive management solutions.
With the purchase of Spur, we are pleased to announce that the two major Spur Shareholders, Ron Iacobelli and Nic Bouchon, will join our Streamline management team. Mr. Iacobelli will become the Chief Operating Officer of Streamline and will have a hand in virtually all the activities of the business. Mr. Bouchon will assume the role of Director of Automotive Technologies and will lead our development activities in this area. We are fortunate and excited to have both of them and their team from Spur join our company.
Streamline now has all the necessary pieces in place to be a market leader in the fast paced and quickly evolving transportation technology market. We focus on solutions that are simple, adaptable, flexible, and economical and we will continue to put the needs of our customers at the forefront of our development of support efforts. It is an exciting time to be in this marketplace and we are looking forward to the impact that this dynamic team of management and staff will make on the industry.
About Spur Innovations Corp.
Spur Innovations Corp. (SPUR) develops Active Controls for the Connected Car. Our products address the two largest issues with vehicles – fuel economy (emissions) and accidents. The automotive industry is on the cusp of a major technology convergence. Vehicles are becoming more autonomous, more connected, and more electrified. Spur develops systems that harness all of these technologies to make all vehicles safer and cleaner.
About Streamline Transportation Technologies Inc.
Backed by four generations of trucking experience, Streamline Transportation Technologies has developed a revolutionary solution to meet the growing needs of transportation companies in Canada and the US. We understand the needs of transportation companies and their drivers, and we have a proven track record of building transportation solutions that work. For more information please visit Streamline Transportation Technologies Inc., or contact Dan De Palma, Vice President – Marketing, at firstname.lastname@example.org or 250-682-0919.