|End-of-day quote - 01/22|
Eroad : Annual General Meeting 2017 - with speech notes
|08/07/2017 | 12:55am|
My name is Michael Bushby, I am the Chairman of your company, EROAD.
To start I'll quickly run you through some housekeeping. In the event of an emergency please exit through the doors at the back of the room and down the stairs to the left. The bathrooms are immediately to the left of the doors you came in. If you have a mobile phone with you, could you please place it on silent.
At the end of the meeting I encourage you to stay for some light refreshments and networking with our Directors and executives. We also have 3 of our Product Managers with us this afternoon who are happy to show you our latest hardware and software releases.
I would now like to introduce the Board Members. At the far end is Tony Gibson, beside him is Candace Kinser, then there is Steven Newman your CEO. Your fifth director, Gregg Dal Ponte is based in Oregon and is not able to be with us today. In the audience today we have members of our executive team, representatives from KPMG our Auditor, and Chapman Tripp our Lawyers.
On behalf of the Board and all EROAD staff, I would like to acknowledge the significant contribution Sean Keane made to EROAD and the Board during his term as an independent Director. Sean unfortunately resigned for personal reasons in May of this year, having joined the Board in February 2013.
To start today's Annual Meeting I thought I'd show you a comparison from last year's Annual Meeting. On the left is an image from the video I showed you last year. Each yellow dot shows the location of an active vehicle fitted with EROAD across New Zealand. The picture on the right shows the same on Monday of this week. The marked increase in the density of yellow dots shows the strength of EROAD's position within the New Zealand transport ecosystem.
We had over 40,000 units installed in New Zealand at 31 March 2017, up 30% on 2016.