SOURCE: TeleCommunications Systems, Inc.

August 09, 2005 06:30 ET

AmeriQuest and TeleCommunication Systems Partner to Provide 20/20 Delivery™ to AmeriQuest Participants

CHERRY HILL, NJ -- (MARKET WIRE) -- August 9, 2005 -- As technological advancements take the transportation industry by storm, AmeriQuest Transportation and Logistics Resources Corp. is keeping stride by adding products in association with various technology industry leaders. In collaboration with TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), AmeriQuest now offers 20/20 Delivery™, a wireless proof-of-service business solution.

TCS' 20/20 Delivery allows customers complete visibility into the supply chain, from package and vehicle tracking, to driver management and cost containment. 20/20 Delivery 5.0, a software application that resides on wireless handheld computers using a Pocket PC Operating System (OS), provides signature capture, barcode scanning, mileage calculation, and performance tracking. Designed to be "driver friendly," 20/20 Delivery uses a Fat Finger keyboard, easy to manage screens, and two-way messaging. Information is shared quickly and easily, allowing drivers to communicate with the distribution center, whether they need directions or want to confirm special delivery instructions. Additionally, delivery information can be sent to the office server from the point of delivery.

In addition, 20/20 Delivery 5.0 represents TCS' continued commitment to address the distribution efficiency needs of its enterprise customers. Major features of the 5.0 release include:

--  Wireless Dispatch Support -- mid-day wireless updates allow users to
    respond to incoming work orders
--  User-Customizable Workflow Configuration -- users create their own
    "service types" and handheld screen formats
--  Vehicle Load Reconciliation -- inventory truck contents via scanning
    to confirm materials for the day's route
--  Tracking by 20/20 Delivery -- expose Proof of Service information
    directly to customers via external web sites
--  Receipt Customization -- customize printed receipts
    
"TCS 20/20 Delivery takes the logistics industry one step further," said Doug Stovall, Vice President of Mobile Asset Management for TCS. "Through 20/20 Delivery, the Enterprise Division of TCS currently provides support for some of the largest fleets in North America. AmeriQuest's current interface with over one-half a million delivery trucks will bring the opportunity to advance wireless asset management to a far greater percentage of the transportation industry."

Intended benefits include advanced billing cycles, reduced shrinkage, enhanced customer service, and improved driver productivity and efficiency. "By implementing technologies such as 20/20 Delivery, we continue to make it easier for our customers to do business efficiently," states Dave Beaudry, Director of Logistics for AmeriQuest.

About TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a leading provider of mission critical wireless data solutions to carriers, enterprise and government customers. TCS' wireless data offerings range from providing location based Enhanced 9-1-1 services and messaging infrastructure to wireless operators, real time market data and alerts to financial institutions., mobile asset management and mobile office solutions for enterprises, and encrypted satellite communications to government customers. For more information visit www.telecomsys.com.

About AmeriQuest Transportation and Logistics Resources

AmeriQuest® Transportation and Logistics Resources Corp. is a national leader in the transportation industry, delivering substantial cost reductions and efficiencies to companies utilizing truck transportation as an integral part of their business. AmeriQuest combines best practices and efficient processes utilizing state-of-the-art technology to provide value to the fleet operator. Leveraging the direct purchasing power of more than 525,000 trucks and several hundred fleets, AmeriQuest, through a unique business model on which it has been issued a patent, offers a broad range of transportation-related products and services at substantial savings.

AmeriQuest Premier Partners include CITGO Petroleum Corp., Bandag, Inc., Corcentric, Roadranger Dana Eaton, Freightliner Trucks, Cummins, Imperial Supplies, LLC, International Fleet Charge Program, Fleetguard, Sterling Truck Corp., Trailmobile Parts and Service Corporation, and Trimble Mobile Solutions. Additional information is available at www.ameriquestcorp.com.

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These statements are based upon TCS' current expectations and assumptions that are subject to a number of risks and uncertainties that would cause actual results to differ materially from those anticipated.

The actual results realized by the Company could differ materially from the statements made herein, depending in particular upon the risks and uncertainties described in the Company's filings with the Securities and Exchange Commission (SEC). These include without limitation risks and uncertainties relating to the Company's financial results and the ability of the Company to (i) reach and sustain profitability as early as anticipated, (ii) continue to rely on its customers and other third parties to provide additional products and services that create a demand for its products and services, (iii) conduct its business in foreign countries, (iv) adapt and integrate new technologies into its products, (v) expand its business offerings in the new wireless data industry, (vi) develop software and provide services without any errors or defects, (vii) protect its intellectual property rights, and (viii) implement its sales and marketing strategy.

Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise the information in this press release, whether as a result of new information, future events or circumstances, or otherwise.

Contact Information

  • Contact:
    Kate Donahue
    AmeriQuest Transportation and Logistics Resources Corp.
    (856) 773-0600 ext. 27
    E-mail: Email Contact