Press Release
@Road® Tops the List of Forbes 25 Fastest Growing U.S. Technology Companies
@Road recognized for 281% five-year growth rate
FREMONT, CA – January 31, 2005 – @Road, Inc. (NASDAQ: ARDI), a leading provider of mobile resource management (MRM) services, today announced that it ranked number one on the Forbes Midas List for 2004, a ranking of the 25 fastest growing publicly traded technology companies in North America. To be eligible for the list, a company must have had at least a 10 percent sales gain in each of the last five years, $25 million in sales and a positive net income over the last 12 months.
Additional awards and rankings for @Road during 2004 include:
- Frost & Sullivan Mobile Communications Product of the Year 2004 Award for the @Road GeoManagerSM service.
- Deloitte & Touche ranked @Road number 39 on the 2004 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America.
- Deloitte & Touche ranked @Road number 16 on the Deloitte 2004 Silicon Valley Fast 50 program.
“@Road is honored to be recognized by Forbes as one of the fastest growing publicly traded technology companies,” 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.”
To view the list, please visit Forbes.com and link to: http://forbes.com/business/forbes/2005/0214/100.html.
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
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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 to develop or accelerate the development of new products and services; customer acceptance of such new products and services; the ability of @Road to develop and protect new technologies; the dependence of @Road on mobile data systems technology, wireless networks, network infrastructure and positioning systems owned and controlled by others, and general economic and political conditions. Further information regarding these and other risks is included in the @Road Report on Form 10-Q dated
@Road is a registered trademark of @Road, Inc. The @Road logo is a trademark of @Road, Inc.
Media Contact
Bob Stern
@Road Media Relations
(510) 870-1360
bstern@road-inc.com
David Lebedeff
@Road Vice President Investor Relations
(510) 870-1317
dlebedeff@road-inc.com
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