CTF ("Controle Total de Frotas") is one of Brazil's leading providers of fuel payment processing and fuel control solutions. CTF designs proprietary, state-of-the-art control equipment which, when installed at the fueling site and on the vehicle and combined with CTF's sophisticated processing system, significantly reduces the likelihood of unauthorized and fraudulent transactions. The company provides its fuel payment processing services to thousands of predominately over-the-road heavy truck fleets. These services are co-branded with the two largest Brazilian oil companies, Petrobras and Ipiranga, which provide fuel to the fleets via their respective retail and wholesale distribution operations. Credit for this fuel is extended to the fleets by two of the largest Brazilian banks, Bradesco and Itau. CTF also provides its fuel consumption control and reporting solutions to operators of heavy industrial equipment including sea-going vessels, mining equipment, agricultural equipment, and locomotives.