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Press release September 7th, 2022

VEO CHOOSES BLUE SYSTEMS AS ITS GO-TO DATA AGGREGATOR

Boston, Massachusetts: Today, Blue Systems and Veo announced a partnership to bring better services to cities where both companies operate.

Veo will take advantage of Blue Systems Operator Manager – a cloud-based Platform designed for mobility operators to view and analyze their own mobility data. It will help optimize Veo’s vehicle deployment, which will in turn benefit Veo’s riders in all its markets. Blue Systems will also enable Veo to analyze its compliance data against city regulations and adjust its operations to minimize or eliminate violations, making Veo a better mobility partner to cities. Finally, the platform will optimize Veo’s reporting to ensure cities get all comprehensive mobility data they require in a timely manner.

In addition, thanks to this partnership, Veo will now offer each of its city and university partners access to Blue Systems’ top-notch data platform with unmatched data quality. “The Blue Systems platform will enable Veo markets to implement data-driven policies and infrastructure decisions based on the actual mobility data precisely reflected on the platform,” said Blue Systems CEO Christophe Arnaud. “We look forward to having 35+ new markets try our platform in the near future,” added Christophe.

“Having already worked with the Blue Systems team in markets like New York City and Los Angeles, we know their easy-to-use platform and collaborative approach will provide significant benefits to both our internal operations team and our city and university partners,” said Veo’s Head of Policy & Partnerships, Alex Keating. “Veo takes pride in operating mobility systems that respect each market’s unique rules and regulations. Access to the Blue Systems platform gives us a new, industry-leading tool to deliver on that goal.”

About Blue Systems Smart Mobility:

Building upon synergies among several entities within the Bolloré Group, Blue Systems was established in 2018 to provide state-of-the-art smart mobility and smart city software solutions to cities and mobility companies across the globe. In 2019, Blue Systems launched in Los Angeles providing the city the first in its kind MDS-based Mobility Manager Platform. Today, Blue Systems Smart Mobility and Smart Parking Platforms are deployed in many cities in the United States, Europe and the Middle East connecting over 100,000 vehicles and devices and processing over 80,000 trips daily.

About Veo:

Veo is on a mission to end car dependency by making clean transportation accessible to all. We have provided millions of shared bike and scooter rides in 40+ cities and universities across North America and counting.

Veo operates from a set of values that distinguish us in the industry. We are grounded in financial responsibility: Veo partnered with select cities to achieve profitability before scaling. Our in-house design and manufacturing process enables us to constantly innovate and provide cities with the next generation of shared electric bikes and scooters. We develop collaborative, long-term partnerships with cities and universities so we can work together toward a sustainable, safe, and equitable transportation future.

Contacts:

hello@bluesystems.io, press@veoride.com

Find out more:

www.bluesystems.io

www.veoride.com