SOURCE: Sapias, Inc.

January 31, 2007 16:00 ET

Sapias Reports Record Mobile Resource Management Growth

Mobile Resource Management Company Increases 2006 Subscriber Base Through New Customer Acquisition and Expansion Within Existing Customers

SAN FRANCISCO, CA -- (MARKET WIRE) -- January 31, 2007 -- Sapias®, Inc., a leading provider of on-demand mobile resource management, today announced it has grown its 2006 subscriber base by nearly 300 percent from 2005. The growth was fueled by new customer acquisition of its Sapias Intelligence™ mobile resource management suite, as well as significant expansion within existing customer accounts.

2006 Highlights

Focused on providing mobile resource management solutions that allow companies to optimize the efficiency of their field operations, Sapias continued to prove its leadership in 2006 through several important accomplishments:

--  The company acquired many new customers in its core vertical markets
    including one of the world's largest petroleum companies and multiple
    divisions of a top US cable company. Through consistent renewals,
    substantial expansion, and new customer acquisition, the company was able
    to nearly triple its subscriber base. The company is providing mobile
    resource management and analysis for an average 171 subscribers per
--  Continued innovations in the area of actionable analytics with the
    successful launch of key performance indicator (KPI) dashboards, which give
    customers unprecedented visibility into the performance of their mobile
    assets and workforce.
--  Expanded seasoned management team with the addition of Doug Engerman,
    vice president of business development, and Kathleen Hayes, vice president
    of marketing. The additions represent the on-going growth of the company's
    expertise across all areas to ensure that Sapias stays at the forefront of
    the mobile resource management market.
About Sapias

Sapias provides on-demand mobile resource management solutions, which allow companies to optimize the efficiency of their field operations. The award-winning Sapias Intelligence suite combines real-time field visibility with location-aware job schedules and work order status, providing companies with the actionable information they need to optimize the efficiency of their mobile assets and workforce. Headquartered in San Francisco, Sapias is funded by leading venture capital firms, including Alloy Ventures and Hummer Winblad Venture Partners. For more information, please call 415.356.3300 or visit

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