Vehcon’s MVerity™ Technology Selected for the California Road Charge Pilot

Business Wire

Patented, Privacy-Friendly System Offers Low Cost Verified Mileage Readings

ATLANTA--(BUSINESS WIRE)-- Atlanta-based Vehcon, Inc., an innovator in smartphone vehicle data solutions, has been selected to provide its MVerity verified mileage technology for the California Department of Transportation’s (Caltrans) Road Charge Pilot Program (RCPP). Starting July 1 of this year, California drivers are invited to participate in Caltrans’ innovative road funding pilot, which features Vehcon’s solution as one of several choices for drivers.

California and other states are exploring how per-mile fees might someday replace gas taxes, to help sustain funding levels for roadway maintenance and improvement in the future.

Vehcon’s product suite offers multiple solutions for collecting, validating and reporting mileage, VIN, and other vehicle data – all with the simplicity of taking a picture with a smartphone. Images collected by Vehcon’s systems pass through a patented, multi-step process to extract mileage readings and verify their accuracy and authenticity. Used by the auto insurance industry to provide verified mileage for underwriting and for usage-based insurance, Vehcon’s solutions are favored for both their efficiency and their respect for driver privacy.

"MVerity combines verified data accuracy, low implementation costs, and strong consumer privacy protection, which are key features supporting the widespread adoption of Vehcon’s technologies,” said Fred Blumer, CEO of Vehcon.

Currently, California is seeking 5,000 volunteers to participate in the pilot program for a 9-month period. To volunteer or just to stay up-to-date on California’s Road Charge Pilot Program, please visit: www.californiaroadchargepilot.com.

About Vehcon, Inc.

Vehcon extracts authenticated data from vehicles using smartphone technologies. The company’s patented solutions capture predictive data, such as accurate mileage and vehicle identification numbers (VINs), and provide a mobile platform for interacting with drivers. Founded in 2012 by innovators in vehicle telematics, mobile data analytics and mobile applications, Vehcon is headquartered in Atlanta, GA. For more information, visit http://www.vehcon.com.