GreenRoad Names Tom Stephenson to Board of Directors


REDWOOD SHORES, CA--(Marketwire - June 3, 2008) - GreenRoad Technologies Inc. (www.greenroadtech.com), an innovative leader in driver safety technologies, today announced the appointment of Tom Stephenson to the board of directors. With nearly 20 years of management experience, Stephenson brings a deep understanding of the fleet industry to his role, as well as extensive operational and leadership expertise.

Currently, Stephenson is the director of group revenue management for Avis, the largest car rental service in Europe. He is responsible for rental volumes, prices and vehicle utilization for the group. Previously, Stephenson was a Director at GE Capital Fleet Services, where he very successfully introduced telematics technology as a brand differentiator for the fleet industry. While there he also formalized methodologies for product development, product planning and market intelligence gathering.

"Tom has a great reputation for leadership in the fleet industry and we couldn't be more pleased that he's accepted our invitation to join the GreenRoad board," said Dan Steere, CEO of GreenRoad. "Since our launch last year, we've been focused on growing the company and establishing ourselves as a leader in driver safety technology. Tom's experience and insight will be vital to us as we accelerate the company's expansion and market position."

About GreenRoad

GreenRoad develops driver safety technologies that stop risky driving before an accident occurs, and dramatically reduce crash rates for fleets and insurance companies. Its solutions are designed to empower drivers to manage their own safety by giving instantaneous, in-vehicle driver feedback -- without invading privacy. Over time, GreenRoad has proven that it can change driver behavior behind the wheel. The result is fewer accidents, lower accident costs, and reduced fuel consumption and CO2 emissions. GreenRoad is backed by Benchmark Capital, Virgin Green Fund and Balderton Capital. For more information about GreenRoad, visit www.greenroadtech.com.

Contact Information: Contact: Kristofer Konietzko Breakaway Communications for GreenRoad 415-358-2491