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August 18, 2010 11:40 AM Eastern Time 

Masco Contractor Services Selects DriveCam to Reduce Risk Throughout Fleet

Multi-Year Fleet Deployment Proves Power of Driver Risk Management

SAN DIEGO--(BUSINESS WIRE)--DriveCam Inc., a global Driver Risk Management company, announced today that Masco Contractor Services (MCS) has made a multi-year commitment to deploy DriveCam’s Driver Risk Management solution in 23 locations across the country.

“We are proud to be working with Masco and applaud their impressive track record and commitment to safety”

Masco is the largest national installer of residential insulation and residential building products, including insulation, fireplaces, gutters and shelving. With locations in most major metropolitan cities and 50 distribution sites in the United Sates, MCS companies combine top-grade building products with superior installation services. MCS is one of five business segments of Masco Corporation (NYSE: MAS), an $8 billion Fortune 500 company, which manufactures, distributes and installs home improvement and building products, and is one of the largest manufacturers in North America of a number of home improvement and building products, including faucets, cabinets, architectural coatings and windows.

“We are proud to be working with Masco and applaud their impressive track record and commitment to safety,” commented Brandon Nixon, DriveCam CEO. “We appreciate being recognized for the proven service and savings we provide. With large fleets like Masco, industry experience and the ability to scale are critical to minimizing the costs associated with risky driving.”

About DriveCam Inc.

DriveCam is a global Driver Risk Management company that dramatically reduces fuel expenses and claims costs – while saving lives – by improving the way people drive. By combining sight and sound, expert analysis and driver coaching, DriveCam has reduced vehicle damages, workers' compensation and personal injury costs by more than 50 percent and fuel consumption by up to 10% in over 130,000 commercial and government vehicles. DriveCam has analyzed data from over 2 billion driving miles and holds the world's largest database of more than 18 million actual risky driving events, which the company uses to continually improve its proprietary analytics and scoring. DriveCam has been included on Inc. Magazine’s list of the 500 fastest-growing, privately held companies in the U.S. for three consecutive years and was most recently listed as #30 in The Wall Street Journal’s latest listing of Top 50 Venture-Backed Companies, “The Next Big Thing.” For more information, visit www.drivecam.com.

Contacts

Eric Cohen
DriveCam Inc.
858-380-3161
ecohen@drivecam.com

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