Securant’s purpose is to significantly assist our customers in their efforts to gain a competitive edge, increase their market share and maximize their profitability through the use of Securant’s products, technologies and services.

•FLEET OWNERS: FRAUD BY DRIVERS AND DEPOT OPERATORS IS THE MAJOR PROBLEM FOR FLEET OWNERS

•FUEL COMPANIES: MAINTAINING AND INCREASING CUSTOMER LOYALTY AND PROFITS ARE THE PROBLEMS FOR FUEL COMPANIES

FUEL FRAUD - How big of a problem is it?

Fraud can occur in a variety of ways: drivers obtain excess coupons for fueling; drivers fill personal cars at their company’s expense; station attendants conspire with drivers and exaggerate the fuel consumed by vehicles; and more.

IN THE WESTERN WORLD, FRAUD ACCOUNTS FOR 10-25% OF A COMPANY’S GASOLINE EXPENSES.

IN THIRD WORLD COUNTRIES, WHERE FUEL IS MORE EXPENSIVE, FRAUD ACCOUNTS FOR 30-50% OF A COMPANY’S FUELING EXPENSES.

THOUSANDS OF DOLLARS ARE LOST EACH YEAR DUE TO FRAUD - yearly losses as high as $1,000 - $2,000 for each small fleet car – and an as high as $10,000 - $15,000 for a fleet truck. Each vehicle. Every year.

Fuel management systems are designed to prevent fuel fraud and increase profits for fleet owners. For example, a major telecom company in Israel, using a device to manage and reduce fraud in fueling, has reported a reduction in fueling expenses of 17% - a HUGE SAVINGS adding profits of $2,000,000 to $3,000,000 annually to their bottom line.

Other companies using fuel management systems have reported a reduction in fuel expenses of up to 50%.

Why are the fueling companies interested? What do they gain?

CUSTOMER LOYALTY AND HIGHER REVENUES CREATED BY A CAPTIVE MARKET SHARE.

The added value for fueling companies is customer loyalty leading to increased revenues. Once equipped with Securant’s Automated Fueling Solution, fleet owners direct their vehicle fueling to stations technically equipped to service them.

Oil companies also want to end fuel theft and dishonest fuel practices that expose service stations and oil companies to legal liabilities and bad PR.

Why do fleet owners want to use Securant’s Solution?

FLEET OWNERS WANT TO STOP THE FRAUD THAT IS EATING AWAY THEIR PROFITS!

Securant’s Automated Fueling Solution is a win-win easy to implement solution that:

CREATES CUSTOMER LOYALTY AND HIGHER REVENUES DUE TO CAPTIVE MARKET SHARE!.

ELIMINATES THE FRAUD THAT IS EATING AWAY FLEET COMPANY PROFITS!