Quarterly Reporting Policy in respect of JSE Listings Requirements
Following the listing of the Company’s ADRs on the New York Stock Exchange, the company has adopted a quarterly reporting policy. As a result of such quarterly reporting the company is, in terms of paragraph 3.4(b)(ix) of the JSE Listings Requirements, not required to publish trading statements in terms of paragraph 3.4(b)(i) to (viii) of the JSE Listings Requirements.
Conference Call Information
MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Standard Time) and 3:00 p.m. (South African Time) on February 6, 2014 to discuss the Company's financial results and current business outlook:
- The live webcast of the call will be available at the “Investor Information” page of the Company’s website, http://investor.mixtelematics.com.
- To access the call, dial 1-888-523-1225 (from within the United States) or 0 800 999 558 (from within South Africa) or 1-719-457-2697 (outside of the United States).
- A replay of this conference call will be available for a limited time at 1-877-870-5176 (within the United States) or 1-858-384-5517 (within South Africa or outside of the United States). The replay conference ID is 7609565.
- A replay of the webcast will also be available for a limited time at http://investor.mixtelematics.com.
About MiX Telematics
MiX Telematics is a leading global provider of fleet and mobile asset management solutions delivered as SaaS to customers in 112 countries. The Company’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency, risk and security. MiX Telematics was founded in 1996 and has offices in South Africa, the United Kingdom, the United States, Uganda, Brazil, Australia and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and MiX Telematics American Depositary Receipts are listed on the New York Stock Exchange (NYSE: MIXT). For more information visit www.mixtelematics.com.
Forward-Looking Statements
This press release includes certain “forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995,
including statements concerning our financial guidance for the fourth
quarter of fiscal year 2014 and the full year of fiscal year 2014, our
position to execute on our growth strategy, and our ability to expand
our leadership position. These forward-looking statements include, but
are not limited to, plans, objectives, expectations and intentions and
other statements contained in this press release that are not historical
facts and statements identified by words such as "expects,"
"anticipates," "intends," "plans," "believes," "seeks," "estimates" or
words of similar meaning. These forward-looking statements reflect our
current views about our plans, intentions, expectations, strategies and
prospects, which are based on the information currently available to us
and on assumptions we have made. Although we believe that our plans,
intentions, expectations, strategies and prospects as reflected in or
suggested by those forward-looking statements are reasonable, we can
give no assurance that the plans, intentions, expectations or strategies
will be attained or achieved. Furthermore, actual results may differ
materially from those described in the forward-looking statements and
will be affected by a variety of risks and factors that are beyond our
control including, without limitation, the Company's ability to attract,
sell to and retain customers; the Company's anticipated growth
strategies, including its ability to increase sales to existing
customers, the introduction of new solutions and international
expansion; the Company's ability to adapt to rapid technological change
in its industry; competition from industry consolidation; loss of key
personnel or the Company's failure to attract, train and retain other
highly qualified personnel; the Company's ability to integrate any
businesses it acquires; the Company's dependence on its network of
dealers and distributors to sell its solutions; the Company's dependence
on key suppliers and vendors to manufacture its hardware; businesses may
not continue to adopt fleet management solutions; the Company's future
business development, results of operations and financial condition;
expected changes in the Company's profitability and certain cost or
expense items as a percentage of its revenue; changes in the practices
of insurance companies; the impact of laws and regulations relating to
the Internet and data privacy; the Company's ability to protect its
intellectual property and proprietary technologies and address any
infringement claims; significant disruption in service on, or security
breaches of, the Company's websites or computer systems; the Company's
dependence on third-party technology; fluctuations in the value of the
South African rand; economic, social, political, labour and other
conditions and developments in South Africa and globally; the Company's
ability to issue securities and access the capital markets in the
future; and other risks set forth under the caption “Risk Factors” in
the Company’s final prospectus related to its initial public offering
filed pursuant to Rule 424b under the Securities Act of 1933, as
amended, with the Securities and Exchange Commission (the "SEC") on
August 12, 2013, as updated by the Company's filings that it makes with
the SEC. The Company assumes no obligation to update any forward-looking
statements contained in this press release as a result of new
information, future events or otherwise.
