Vehicle Location Data points reach important milestone at DRN

Fort Worth, Texas — February 12, 2013, Digital Recognition Network (http://www.drndata.com), the leader in vehicle data analytics and vehicle location data continues to expand it’s technology as it grows it’s data, having reached the milestone of one billion vehicle location data points.

“We gather more than 50,000 vehicle locating data points every month,” said Chris Metaxas, CEO of Digital Recognition Network. “It was only a matter of time before our vehicle location data reached this important milestone.”

The more vehicle locating data there is, the more accurate and useful it is to insurers, marketers and anyone else who can use the vehicle location data to make more informed business decisions. When used in conjunction with DRN’s LPR 2.0 vehicle data analytics business can get to the right consumers which leads to improved commerce.

When vehicle locating data is combined with other data sets, the combined information gives you more actionable results. DRN is working with everyone from financial firms and insurance companies, to auto makers and makers of consumer goods. It allows them to use data that is most critical to bringing in more of the right customers, reducing fraud and risk, lowering operational expenses and determining who to do business with at any point in the customer lifecycle.

“We’re thrilled to have achieved the one billion mark in vehicle location data,” Metaxas said. “The more vehicle locating data we can supply, the more our customers benefit.”

About DRN Vehicle Locating Data Solutions
Digital Recognition Network (DRN) is a data company exclusively focused on license plate identification, asset value preservation, fraud mitigation and on automotive data derived from license plate identification. By recovering, storing and grouping data on vehicle location, where vehicles go and who drives them, DRN is able to provide value to clients to help them make better, more profitable decisions while preserving asset value.

An industry pioneer in vehicle asset location technology and asset recovery solutions, DRN fuels a national network of more than 550 affiliates employing mobile license plate recognition technology that gathers the automotive data. Because this license plate identification technology is used in every major metropolitan area in the United States,

DRN captures automotive data on up to 50 million vehicles each month. With more than three-quarter billion data points gathered to date, DRN has the largest vehicle location data base in existence. We are proud to maintain strict standards for privacy, compliance, and data integrity. For more information visit: http://www.drndata.com