February 8, 2010 — Parts and service software supplier SmartEquip, Norwalk, Conn., and ISO company the National Equipment Register (NER), Jersey City, N.J., have announced a strategic alliance to help equipment owners and manufacturers better manage liability and risks such as theft, safety, and regulatory compliance associated with equipment ownership.

"We know the SmartEquip team and its technology well. We see how manufacturers and fleets are increasingly becoming part of the SmartEquip Network to generate significant efficiencies, said David Shillingford, president of NER. SmartEquip provides an excellent platform to help fleets better manage a wide array of risks, further reducing the cost of equipment ownership."

"This alliance represents a perfect fit for us. It allows members of our network to improve their ability to manage risk in virtually all of its forms, added Alex Schuessler, chairman and CEO of SmartEquip. NER and ISO’s extensive expertise in data management, risk analysis and mitigation combined with their deep relationships with the insurance industry make them ideal to jointly provide a full suite of equipment risk management services to the industry."