SOURCE: @Road

July 28, 2006 07:30 ET

@Road Signs Agreement With Performance Transportation Services

North America's Second Largest Transporter of New Automobiles, Sport-Utility Vehicles and Light Trucks Selects @Road After Successful Pilot Program

FREMONT, CA -- (MARKET WIRE) -- July 28, 2006 -- @Road, Inc. (NASDAQ: ARDI), a global provider of next-generation solutions for Mobile Resource Management (MRM), today announced that Performance Transportation Services, Inc. ("PTS"), the second largest transporter of new automobiles, sport-utility vehicles and light trucks in North America, has selected @Road as its MRM solutions provider. Under the terms of the agreement, PTS intends to deploy the flagship @Road® GeoManager(SM) MRM solution designed to give PTS greater location intelligence, manageability and real-time visibility into the work of up to 1,544 commercial carrier drivers and trucks.

"After a competitive MRM vendor evaluation and solution pilot program, we are pleased to announce that PTS has chosen @Road," said Krish Panu, @Road CEO. "The PTS customer win reaffirms @Road as the MRM solutions provider of choice. We look forward to working with PTS and helping it to achieve a sizable reduction in fuel and other operating costs as well as increased productivity for delivering new cars and trucks to dealers throughout North America."

PTS operates under three key transportation business lines including: E. and L. Transport, Hadley Auto Transport and Leaseway Motorcar Transport, and employs more than 2,000 employees who deliver approximately 3.8 million new cars and light trucks annually. PTS Operates from thirty-one strategically located facilities throughout the U.S. and Canada and has responsibility for seventy-two different customer vehicle delivery centers.

"Of the five vendors we evaluated, @Road demonstrated strength in all areas including user interface, North American deployment capability and technical interfaces," said Jeff Cornish, PTS president and chief executive officer. "Moreover, with more than 150,000 vehicles and mobile workers managed using @Road MRM solutions, we like the fact that it maintains redundant data systems and has the infrastructure and staff to support this project. @Road also provided us with the most flexible and competitive pricing."

PTS plans to also deploy an @Road on-board vehicle diagnostics and reporting solution based on J1708 industry standards. @Road Vehicle Diagnostics is designed to retrieve vehicle operating information from the vehicle's electronic on-board control module. Information generated from the J1708 appliance is designed to be transmitted via the @Road iLM® in-vehicle wireless communication device to PTS managers in the form of daily or real-time online reports detailing such vehicle data as fuel usage and Power Take-Off (PTO), as well as engine fault codes related to oil pressure, coolant temperature, excessive engine speed and more. This information can be used to remotely monitor important engine parameters for proactive preventative maintenance, which can also help reduce vehicle down time, fuel and other operating costs.

As part of @Road's relationship with PTS, @Road is also working with PTS's wholly-owned subsidiary, Logistics Computer Services ("LCS"), a custom software solutions provider for the automotive transportation sector, to develop a joint marketing relationship designed to bring a combination of @Road and LCS technology and solutions to the commercial carrier transportation market. As part of the joint arrangement, @Road and LCS plan to market a solution that includes a streamlined process for vehicle delivery, with electronic signature capture, exception data collection at the point of dealership contact, trip related messaging services, fuel tax reporting, pre and post trip equipment reporting, integrated geofence event triggers and other proprietary automated processes.

"We are asking LCS and @Road to develop a joint solution for commercial carrier transporters that would be designed to significantly reduce paper intensive daily processes and which would also reduce 'out of route' miles as well as provide electronic Department of Transportation Logs and JBus interface to their equipment," said Cornish. "A primary goal is that this solution would have a complete extension of a customer's existing system to the driver and have enhanced capabilities to dramatically improve the overall vehicle delivery process."

About @Road

@Road, Inc. is a leading global provider of solutions designed to automate the management of mobile resources and to optimize the service delivery process for customers across a variety of industries. @Road delivers Mobile Resource Management solutions in three key areas: Field Force Management, Field Service Management and Field Asset Management. By providing real-time Mobile Resource Management infrastructure integrating wireless communications, location-based technologies, transaction processing and the Internet, @Road solutions are designed to provide a secure, scalable, upgradeable, enterprise-class platform, and are offered in on-demand software delivery, on-premise or hybrid environments that can seamlessly connect mobile workers in the field to real-time corporate data. @Road is headquartered in Fremont, Calif., and has a global presence with offices in North America, Europe and Asia. For more information on @Road solutions, visit www.road.com.

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. These factors, risks and uncertainties include, but are not limited to, the implementation of @Road MRM solutions by PTS; the ability of @Road and PTS to comply with the terms of the agreement between them; the ability of @Road MRM solutions to reduce vehicle down-time, reduce fuel and other operating costs, improve the productivity and manageability of mobile workers and service delivery; the ability of @Road and LCS to develop and market joint solution(s) with the features and capabilities currently envisioned by @Road and LCS, or at all; the ability of @Road and LCS to agree upon the terms that will govern the development of such solution(s); customer acceptance of solution(s) jointly developed by @Road and LCS; and general economic and political conditions. Further information regarding risk factors is included in the @Road Quarterly Report on Form 10-Q dated May 9, 2006, the @Road Annual Report on Form 10-K dated March 22, 2006 and in its other filings with the Securities and Exchange Commission. @Road does not undertake any obligation to update the forward-looking statements contained in this press release.

@Road and the @Road logo are trademarks or registered trademarks of @Road, Inc. All other trademarks or service marks used herein are the property of their respective owners.

Contact Information

  • @Road Media Relations Contact --

    In the U.S.:
    Bob Stern
    Media & Analyst Relations Manager
    @Road
    T: (510) 870-1360
    M: (925) 457-1673
    bstern@road-inc.com

    or

    @Road Investor Relations Contact --

    David J. Lebedeff
    Vice President Investor Relations
    @Road
    510-870-1317
    dlebedeff@road-inc.com