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MiX by Powerfleet Appoints Interim Chief Financial Officer

Midrand, South Africa, (February 2, 2017) – MiX by Powerfleet (JSE: MIX, NYSE: MIXT) a leading global provider of fleet and mobile asset management solutions delivered as Software-as-a-Service ("SaaS"), today announced that Paul Dell has been appointed to the board of directors as interim Chief Financial Officer of MiX by Powerfleet, effective February 9, 2017. Paul Mr. Dell is replacing Megan Pydigadu who tendered her resignation as CFO and member of the Board on November 15, 2016 to pursue a new career opportunity in a non-competitive industry.  

Mr. Dell is a Chartered Accountant and has worked for MiX by Powerfleet since 2010, where he became a senior member of the finance team in his capacity of Group Financial Manager. In 20122 years later, as Group Financial Controller, he assumed responsibility for managing the company’s finance and accounting activities including financial reporting, corporate tax, financial planning and analysis.

Stefan Joselowitz, Chief Executive Officer at MiX by Powerfleet, said: "I have complete confidence in Paul’s ability, and know he will do a great job for us given his tenure at the company and the value he has added over the years. We thank Megan for the smooth transition and wish her well with her new opportunity.”

About MiX by Powerfleet

MiX by Powerfleet develops and implements connected fleet and mobile asset management solutions for customers across the globe. Our SaaS enabled software is developed to meet our customers’ requirements and aims to build long-term partnerships.

Founded in 1996, our heritage spans more than 25 years. Built on a solid foundation of deep-rooted expertise, we continue to hone our fleet management capabilities that are underpinned by innovation. This is evident throughout our product portfolio that meets the breadth of modern fleet challenges in an evolving industry.

Our products and services reach more than 120 countries and are supported by a prolific network of 130 channel partners and regional offices in 8 countries.

Contact MiX by Powerfleet to discuss how we can solve your fleet management problems and increase efficiency, sustainability, security, compliance and safety.
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