Press Release
@Road Named an MRM 'Player to Watch in 2006'
Leading Market Research and Consulting Firm, Frost & Sullivan, Recognizes @Road in Newly Released U.S. Next-Generation Mobile Resource Management Market Study
FREMONT Calif. (March 14, 2006) –@Road®, Inc. (NASDAQ: ARDI), a global provider of next-generation solutions for Mobile Resource Management (MRM), today announced that Frost & Sullivan has recognized @Road as a “Player to Watch in 2006” in the leading market research and consulting firm’s just released U.S. Next Generation Mobile Resource Management study.
“We are honored to be recognized by Frost & Sullivan as a MRM ‘Player to Watch in 2006,’” said Leo Jolicoeur, @Road chief marketing officer. “This acknowledgement supports our belief that we’re executing the right strategy for accelerating our market growth in MRM this year and beyond with such market-leading initiatives as the launch of our AppSmart™ on-demand MRM technology and service delivery platform and other new solutions we’re developing for optimized management of mobile workers, their work and their assets in the field.”
According to the Frost & Sullivan study,combined revenue in MRM totaled approximately $720 million in 2005 and is expected to approach $2 billion by 2012.
“By continuing to address the evolving demands of their customer base and driving growth through targeting high-value customers, @Road has established itself as a clear market leader as ‘Next Generation’ MRM transitions from a competitive advantage today to a competitive requirement tomorrow,” said Frost & Sullivan Industry Research Manager Brent Iadarola.
Iadarola added that the uptake in the on-demand environment within the MRM industry is expected to be dramatic over the next 5 years. He noted that @Road has now brought end-to-end MRM to bear in an integrated, purposeful manner; and that the result is a tangible increase the productivity of mobile workers, lower field service delivery costs, and an improved overall customer quality of experience.
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.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.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, the ability of @Road to develop and support the @Road AppSmart platform and its community of third party developers; the ability of @Road to develop new solutions; customer acceptance of the @Road AppSmart platform and other @Road solutions; competition; 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 and AppSmart are registered trademarks, trademarks or service marks of @Road, Inc. All other trademarks or service marks used herein are the property of their respective owners.
Media Contact:
Bob Stern
@Road Media & Analyst Relations Manager
510-870-1360
bstern@road-inc.com