Press Release
Vidus Changes Its Name to @Road
Name change extends the @Road brand into Europe; Company maintains its European-based sales, marketing and engineering operations in Ipswich, U.K.
IPSWICH, U.K. – January 23, 2006 – @Road®, Inc. (Nasdaq: ARDI), a global provider of Mobile Resource Management (MRM) solutions, today announced that its wholly-owned European subsidiary, Vidus™ Limited, has officially changed its name to @Road, Ltd. The name change is intended to leverage the @Road brand equity and more closely reflect the company’s objective of adding end-to-end MRM solutions offerings in Europe.
“We believe that operating under a single, global brand is important to our long-term growth and international development efforts,” said Leo Jolicoeur, @Road chief marketing officer. “Our Ipswich operations will continue to serve as our base for European expansion and for introducing our family of innovative @Road MRM solutions to businesses in the U.K. and the rest of Europe.”
As an international company with more than 630 employees, @Road provides Mobile Resource Management solutions to approximately 150,000 subscribers and approximately 30,000 end users around the world. @Road is headquartered in Fremont, California and maintains an Asian operations center in Chennai, India, in addition to its European operations in Ipswich.
@Road, Ltd., formerly Vidus Limited, originated as a spin-out from BT Brightstar in April 2003. Today, European customers such as British Telecom, Centrica/British Gas, E.ON Hungary, TDC, and ntl have licensed Taskforce to help optimize their field service delivery. They join a growing portfolio of thousands of @Road customers, including AT&T (formerly SBC Communications), Verizon, Qwest, ServiceMaster and Nabors Industries.
The Taskforce Field Service Management solution is designed to automate field service delivery processes from appointing, scheduling and dispatching to capacity planning. The underlying technology in Taskforcemakes use of artificial-intelligence algorithms designed to coordinate people, skills, resources and inventory, and which continually seeks to optimize the field service delivery solution at a given time. By providing an up-to-the minute view across the entire field service resource network, Taskforce is designed to enable customers to meet both fixed and unplanned service commitments, synchronize call center and field service operations, reduce service delivery, field maintenance and construction costs and exceed customer service delivery expectations.
The @Road Taskforce Field Service Management solution is part of the @Road family of Mobile Resource Management solutions designed to help businesses large and small optimize the field service delivery process by automating the management of their mobile workers, their mobile workers’ work and their mobile workers’ assets.
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 provides Mobile Resource Management solutions to approximately 150,000 subscribers and approximately 30,000 end users around the world. The company 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.
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Except for the historical information contained herein, the matters discussed in this press 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 ability of @Road to realize benefits from its brand equity; customer acceptance of @Road solutions in foreign markets; the expansion of operations internationally; the dependence of @Road on mobile data systems technology, cellular and satellite networks, network infrastructure and positioning systems owned and controlled by others; and general economic and political conditions. Further information regarding risk factors is included in the @Road Report on Form 10-K dated March 15, 2005, in the @Road Report on Form 10-Q dated November 8, 2005 and in its other filings with the Securities and Exchange Commission.
@Road, the @Road logo, Taskforce and Vidus are registered trademarks, trademarks or service marks of @Road, Inc. or its subsidiaries. All other product or service names mentioned herein are the trademarks or service marks of their respective owners.
Media Contact:
Bob Stern
@Road Media Relations
T: (510) 870-1360
M: (925) 457-1673
F: (510) 870-1910
bstern@road-inc.com
In Europe:
Tabitha Taylor-Higginson
@Road, Ltd.
T: +44 (0)1473 696343
M: +44 (0)7917 589094
F: +44 (0)1473 696444
ttaylorhigginson@road-inc.com