SOURCE: Sapias, Inc.

July 11, 2005 11:00 ET

Sapias® Wins Prestigious Award for Work With Time Warner Cable

M2M Magazine Honors Sapias and Time Warner Cable With the 2005 Value Chain Award in the Fleet Management Solution Category

SAN FRANCISCO, CA -- (MARKET WIRE) -- July 11, 2005 -- Sapias, Inc., a leading provider of enterprise-class mobile resource management solutions, today announced that it, along with its customer, Time Warner Cable (TWC) Memphis, received the 2005 Value Chain Award from M2M Magazine, the leading publication covering machine-to-machine communications. Sapias and TWC Memphis won a Gold award in the Fleet Management solution category. The award underscores Sapias' leadership in delivering unparalleled field force and mobile asset optimization services to businesses everywhere.

"Sapias strives for excellence and works hard to make products that expand the productivity of our customers so that they can dramatically improve their service levels," said Jim Panttaja, executive vice president of engineering and founder of Sapias, Inc. "With this year's large number of nominations, we are thrilled that the judges have named Sapias Fleet Intelligence as a truly innovative solution that gives fleet managers unprecedented visibility into all aspects of their mobile operations while allowing them to fully exploit past and future technology investments in managing their mobile workforces."

Commenting on the solution provided by Sapias, Steve Phillips of TWC Memphis said: "Fleet Intelligence from Sapias has allowed us to manage our fleet in ways we never could before. If I had the choice of adding another supervisor or outfitting my fleet with Fleet Intelligence, I'd choose Fleet Intelligence hands down. Thanks to Sapias, we can manage more drivers with fewer supervisors and do a better job of it."

The Value Chain Awards honor the most successful adopters of M2M technology and their enablers, the teams of solution providers that made their successes possible. The awards highlight the process of effectively combining multiple technologies, such as device-connectivity hardware, radio modules, network service and provision, as well as application software and infrastructure. More information on the Value Chain Awards is available at www.m2mmag.com/awards/.

About Sapias, Inc.

Sapias is a leading provider of web-based, enterprise-class mobile resource management (MRM) software and services. The company's flexible suite of MRM applications are used by Fortune 2000 companies in the cable, utilities, transportation, distribution and related industries to transform real-time, location-based data into actionable business intelligence. The resulting visibility and control over fleets and mobile workers results in a rapid and compelling ROI by reducing operating and capital costs, increasing productivity, and enhancing customer satisfaction. Sapias built these industry leading applications, including its flagship product Fleet Intelligence™ 3.0, on a patented platform that utilizes advanced wireless, GPS, Internet, telephony and spatial database technologies. Headquartered in San Francisco, Sapias is funded by leading venture capital firms, including Alloy Ventures, Catamount Ventures, Garage Technology Ventures, and Hummer Winblad Venture Partners. For more information, please visit www.sapias.com or call 415.278.0550.

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