Press Release

 

@Road® Ranked Among Fastest Growing Technology Companies in North America on the 2004 Deloitte Technology Fast 500

@Road also recognized as one of the fastest growing Silicon Valley technology companies on Deloitte’s Technology Fast 50 Program

FREMONT, CA – November 2, 2004 — @Road, Inc. (NASDAQ: ARDI), a leading provider of mobile resource management (MRM) services, today announced that it ranked Number 39 on the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. @Road also ranked Number 16 on Deloitte’s Silicon Valley Fast 50 program. Rankings are based on percentage revenue growth over five years, from 1999–2003. @Road grew 6,894 percent during this period.

“@Road is honored to be recognized as one of the fastest growing companies in North America and Silicon Valley,” said Krish Panu, president and CEO of @Road. “We attribute the phenomenal growth rate over the past five years to our highly scalable service delivery infrastructure, our commitment and dedication to customer service, and our seasoned management team who are focused on delivering our business objectives.”

This is the third consecutive year that @Road has earned its place on the Deloitte Technology Fast 500 list.

“Attracting enough customers to maintain triple digit growth over five years makes a strong statement about the quality of a company’s product and its leadership,” said Mark Evans, national managing partner of Deloitte’s Technology, Media & Telecommunications Group. “@Road has shown the right stuff for growth.”

Overall, companies that ranked on the 2004 Technology Fast 500 had growth rates ranging from 329 to 437,115 percent over five years, with an average growth rate of 4,109 percent.

Fast 500 Selection and Qualifications
The Fast 500 list is compiled from Deloitte’s 19 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1999 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2003 operating revenues must be at least $1 million USD or CD.

Entrants must also be public or private companies headquartered in North America and must be a “technology company,” defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify.

 

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte,” “Deloitte & Touche,” “Deloitte Touche Tohmatsu,” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.

This press release can be downloaded as a Word document at www.fast500.com.

 

About @Road

@Road, Inc. (NASDAQ: ARDI) is a leading provider of mobile resource management (MRM) services, a rapidly growing category of productivity solutions integrating wireless communications, location technologies, hosted software applications, transaction processing and the Internet to help companies better manage mobile workers. Any size organization, in any industry or public sector, in which improving the productivity of mobile workers has an impact on revenue, expenses, customer service, and competitive advantage, will benefit from @Road MRM services. Because @Road offers MRM services on a hosted basis, customers avoid expensive and complex software and IT infrastructure investments. Since @Road delivers services on a subscription basis, customers can experience a rapid and measurable return-on-investment.

@Road delivers its MRM services to approximately 131,000 mobile workers in North America every day. The company has headquarters in Fremont, CA and secure networked data centers on both U.S. coasts. For more information, visit the @Road Web site at www.road.com.

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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. Potential risks and uncertainties include, but are not limited to, the ability of @Road to continue to grow revenues, if at all, the ability of @Road to continue to add or retain customers, and general economic and political conditions. Further information regarding these and other risks is included in the @Road Report on Form 10-Q dated August 9, 2004, Report on Form 10-K dated March 12, 2004 and in its other filings with the Securities and Exchange Commission. @Road undertakes no obligation to update the forward-looking statements contained in this news release.

@Road is a registered trademark of @Road, Inc. The @Road logo is a trademark of @Road, Inc.


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