News releases
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Lysanda announces record contract win
Bespoke Eco-Log fleet monitoring devices for Isotrak will reduce fuel wastage for Marks & Spencer and other leading British companies
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Lysanda signs agreement with TNT
Lysanda, the vehicle management software provider, today announces an agreement to be the approved supplier of on board eco-driving technology for vehicle fuel savings to TNT, the world-leading provider of express delivery services.
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British companies “can save £3.3bn on road fuel costs”
Lysanda analysis of the UK commercial road fleet market suggests 20% reduction in fuel consumption and CO2 emissions achievable with better fleet monitoring.
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Lysanda Since Springboard
In the autumn of 2005 Lysanda applied for the newly launched Shell Springboard award. To a 3 person strong start-up company, the offer of a £40,000 grant from a large industrial body was impossible to resist. Lysanda’s first product, the Eco-LogTM was still in very early development and had only just emerged from the drawing board.
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Lysanda records success of TNT’s 2009 “Drive Me Challenge”
Lysanda’s Eco-Log software measures total fuel used per team in TNT’s 2009 “Drive Me Challenge”. Winning driver used barely half the fuel of the worst driver.
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Lysanda raises £1.3m in new funding
Lysanda today announced that it has secured £1.3m in a second round of funding.
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Lysanda works with TNT to promote efficient driving
Eco-Log to support TNT’s 2009 “Drive Me Challenge”
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Lysanda appoints Alistair Crawford as Chairman
Lysanda, the automotive software developer, has appointed Alistair Crawford as Chairman.
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Eco-Log drive to class honours at the MPG marathon
Lysanda demonstrates innovative Eco-Log technology at the wheel of a Volvo S40 during 411-mile fuel-economy challenge. Results show a 21% cut in emissions and 24% improvement over official mpg figures.
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Live CO2 broadcast from entry in MPG marathon
An innovative new way of measuring a vehicle’s fuel consumption and CO2 emissions is to be demonstrated during this year’s MPG Marathon economy run.
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Presentation: Counting the carbon
Download our latest presentation: Counting the Carbon
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Fleets need to incentivise commercial drivers to drive down fuel costs and emissions, say Lysanda
Giving commercial drivers a financial incentive to change their driving style to reduce fuel use is the only way fleets are going to drive down their impact on the environment, according to Lysanda.
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Lysanda reports staff growth and increased fleet interest for its ‘Eco-Log’ emissions monitoring technology
Lysanda, developers of a pioneering emissions monitoring technology, is expanding following the completion of its £1.25M venture capital funding led by Logispring, the Geneva-based Venture Capital fund.
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Emissions measurement company Lysanda secures £1.25 million investment led by Logispring
BRAXTED PARK, MAY 16, 2008 – Lysanda, developer of emissions monitoring software, has completed a second round of VC funding led by Logispring, the transatlantic venture and growth capital investor with offices in Geneva and New York. The latest investment of £1,250,000 will enable the company’s first product, branded “Eco-LogTM”, to go into production during 2008.
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Lysanda announces record contract win
Lysanda, the provider of advanced technology for vehicle fuel savings, today announced that Isotrak, provider of vehicle tracking solutions, has purchased 10,000 units of a bespoke version of one of Lysanda’s Eco-Log products. Isotrak will deploy the Eco-Log for the benefit of clients including Skanska and Marks & Spencer.
Lysanda custom developed a new variant of the Eco-Log for Isotrak, based on the existing portfolio of Lysanda products, to work seamlessly with Isotrak’s technology and integrate easily into the Isotrak offering.
Eco-Log helps reduce vehicle fleet running costs by providing highly accurate data on fuel consumption and wastage. It accurately measures CO2 emissions by understanding how much fuel fleets use and why. Better fleet monitoring can assist companies in reducing fuel and other vehicle costs. Promoting smarter driving is an easy way for companies to save money and reduce emissions.
When plugged into the vehicle On-Board Diagnostics computer using an industry standard cable, Eco-Log accurately calculates the energy used and emissions produced. This data is processed to provide vehicle trip performance information for: real-time feedback to driver on in-vehicle display; end of trip/ period review by the fleet manager; and periodic management reports. For customers, the ROI is less than one year.
Lysanda Chief Executive, Alex Willard said:
“I am delighted that Isotrak has chosen to work with us to develop a new Eco-Log variant for their clients. Isotrak helps companies save money, improve customer service, reduce their environmental impact and win new business, all by using mobile assets more efficiently and we are delighted to be a part of the solution. Eco-Log is the only real-time, non-invasive solution taking data directly from vehicle’s own computer. Every vehicle and every driver can be monitored, providing an accurate measurement tool for fuel usage and carbon emissions.”
“Fleet efficiency is fundamental to company profitability. Fuel costs are typically 20%-25% of fleet running costs and fuel wastage also suggests higher maintenance costs. Volatile oil prices have put additional focus on fuel efficiency and costs, which have direct impact on profit. Using vehicle engine data, Eco-Log takes fleet management to a new level of sophistication with significant fuel savings.”
Greville Coe, Isotrak Director said:
“This new and powerful technology has been developed by Lysanda to exactly meet Isotrak’s requirements and has been the result of a strategic collaboration between the two companies, enabling us to provide an off the shelf solution for a diverse range of vehicle types, without the need for bespoke development. Combining both GPS and vehicle diagnostic functionality in one device, we are able to supply accurate data capture and delivery across a range of metrics including vehicle location, diagnostics, and driving style.”
“This highly advanced device combined with our sophisticated software applications (Active Transport Management System), enables us to provide an Industry leading technology at a competitive price, which in turn allows our customers to save fuel, save money and reduce vehicle CO2 emissions.”