June 9th, 2016 – Orpak Systems, a leading solution and service provider for retail gas stations and commercial fleets for more than 25 years, continues to strengthen its market leader position with its 4th generation Automatic Vehicle Identification (AVI) solution – ForeFuel. As the leader of this segment, Orpak has defined and dominated the market over the years, and continues to revolutionize with ForeFuel – a comprehensive offering featuring nano design technology. As a result of the Company's innovative technology and expertise, the solution is now being implemented in five additional countries.
According to a recent study conducted by Shell in the UK, there is an alarming increase in fuel related fraud that occurs within fleets. With cashless payments on the rise, and fuel being one of the world’s most valuable commodities, fraud has become fleets' main concern. Further research confirmed that 64% of fleets have been the victim of fuel theft or fuel fraud, yet this figure only relates to those who are aware of the fraud that has taken place in their fleet.
The above significantly strengthens the value of Orpak’s ForeFuel's AVI solution, as all of Orpak’s customers report significant savings in fuel expenses due to the use of ForeFuel. This is true for European countries as well, and even more so in the Commercial Road Transport (CRT) markets where the average savings per vehicle may exceed 100 Euros a month. "We are experiencing a growing demand for the ForeFuel solution suite from all territories, including Europe, and a special take-up with heavy commercial fleets fueling on diesel fueling networks," stated Shraga Katz, Vice President of Sales at Orpak.
The solution powers simple and secure refueling of millions of vehicles worldwide, and now also with a new, compact RFID unit for immediate fueling authorization when the nozzle is inserted into the fuel inlet. ForeFuel provides measurable value to both oil companies and commercial fleets by ensuring that fuel goes solely to the authorized vehicle whose account should be charged, while removing the nozzle and trying to fuel another vehicle immediately suspends the fueling. ForeFuel is suitable for any type of vehicle, such as cars, vans, buses, and trucks. Additionally, fleet managers can utilize the system to control their fleet costs and prevent unnecessary expenses whether fueling occurs at their own sites or in retail fuel stations.
Orpak continues to reinforce its leadership position with its cutting edge technology and exceptional solution for both fuel and fleet management. Its innovative and comprehensive solutions provide complete reliability, tight control of vehicles and ground equipment's wet stock and fuel consumption, while significantly decreasing operational costs and fuel expenses by more than 10%.
ForeFuel incorporates unrivaled global AVI expertise, including over 20 years of technical and commercial know-how, and more than 6.5 million vehicles successfully deployed. The global interest in Orpak's technology continues to expand rapidly with new pilots in more than 5 major fuel retailers in Europe, South America, and Asia.
Orpak will be showcasing its 4th generation of AVI solutions, as well as its other fleet management and retail software solutions at UNITI expo 2016, June 14-16, 2016, Stuttgart. Visit Orpak in Hall 3, Booth 3D52.
About Orpak
Orpak Systems delivers comprehensive solutions to oil companies and commercial fleets, improving profitability and optimizing performance from the forecourt to the head office. Be it the single transaction, network optimization or business analytics, our hardware, software and services enhance the entire retail fuel network and fleet management value chains. Orpak has a well-established track record of success and innovation for over 25 years. Known for rapid deployment of large end-to-end projects, Orpak’s field-proven products are installed in more than 30,000 service stations and 6.5 million vehicles across 60 countries. Our solutions are distributed via an international network of subsidiaries and value-added partners. For more information, contact us at info@orpak.com or visit www.orpak.com.