[April 05, 2012]

Wireless Matrix and OTS Partner to Provide Prompt, Accurate Fleet Fuel Tax Reporting and Auditing

Wireless Matrix Corporation (TSX: WRX), a leading provider of GPS fleet tracking services, today announced a partnership with OTS (Operating Tax Systems), a provider for fuel tax, safety compliance, licensing and permitting, tax recovery and consulting services to those in the trucking industry. The partnership enables more accurate and efficient fuel tax reporting and auditing for fleet managers by bringing together best-in-class GPS tracking and reporting services with innovative, web-based International Fuel Tax Agreement (IFTA) tax compliance software.

The combination of Wireless Matrix's FleetOutlook^® and OTS' IFTA tax compliance software offers fleet managers a more manageable and less labor intensive approach to fuel tax reporting and contributes to the increased ROI offered by fleet telematics solutions. Combining GPS fleet tracking data with tax software can ensure private fleet operators do not overpay International Fuel Tax Agreement (IFTA) taxes through the use of automated processes. By uploading the miles driven in each state along with the fuel expenses for each vehicle into the software, accurate IFTA documentation can be made readily vailable.

"The potential behind telematics solutions is continually being expanded beyond traditional fleet tracking and routing solutions. The ability to integrate with other technologies and provide comprehensive solutions that make fleet management more efficient and effective is what our clients expect," said Maria Izurieta, acting CEO of Wireless Matrix. "By partnering with OTS, we are able to enhance our customers existing ROI with fuel tax benefits while continuing to provide the innovative solutions they have come to expect."

OTS' solution seamlessly integrates with FleetOutlook allowing the capture of information directly, avoiding costly data re-entry. OTS' 100% web-based reporting tool, RoadTax.net™ complements FleetOutlook's existing reporting features to provide over 60 management reports with unlimited customization. As a result of the partnership, fleets of all sizes are able to support various operational needs and receive real-time information to assist decision making and data management processes.

"We strive to offer our customers the most innovative, cutting-edge technology to provide prompt and accurate tax reporting and auditing," said Melody Wood, national director of business development for OTS. "The ability to significantly reduce taxes and fees for fleets, however, comes down to visibility into their daily operations. Wireless Matrix's FleetOutlook is the perfect tool to capture actionable intelligence from fleet operations and uniquely complements our tax reporting solutions."

About OTS

OTS has both developed and harnessed tax and transportation management technology throughout the digital revolution to become the preeminent provider of web-based recovery, audit, reporting and compliance information for fleet operators and motor carriers throughout the U.S. and Canada. Nearly three out of four top North American trucking companies trust OTS to lead their paperless fuel-tax compliance, HOS driver log auditing, tax recovery and tax refund efforts. Operating Tax Specialists, Inc. was founded in 1990; Operating Tax Systems, LLC was founded in 2000. For more information, visit www.ots.net.

About Wireless Matrix

Wireless Matrix Corporation (TSX: WRX) provides GPS fleet management software solutions for companies of all sizes to drive business metrics and improve real-time decision-making and field communication, thus enhancing overall business operations. The company's award-winning SaaS (News - Alert) platform, FleetOutlook^®, is engineered to deliver critical real-time location intelligence to desktops and mobile devices using a fleet tracking web application with in-vehicle hardware GPS devices and wireless communications. FleetOutlook helps distribution, cable, utilities, rail, oil and gas, government, and a host of other field service companies increase their mobile workforce's productivity, decrease operational costs, enhance customer service, and reduce safety-related incidents. FleetOutlook is an open, scalable platform designed for seamless integration with other applications, including workforce management and other back-office applications. Wireless Matrix is headquartered in Herndon, VA. For more information visit: www.wirelessmatrix.com.

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