Under Terms of the Agreement, Telstra Becomes the First Australian Reseller of Advanced @Road Mobile Resource Management Solutions
Fremont Calif. (October 11, 2006) – @Road, Inc. (Nasdaq: ARDI), a leading global provider of next-generation solutions for Mobile Resource Management (MRM), today announced that Telstra, Australia’s leading telecommunications and information services company, has signed an agreement to resell @Road® GeoManager(SM), @Road’s flagship MRM solution for field force management. Offered as a hosted service, @Road GeoManager is designed to help businesses improve customer service through GPS-based technology, as well as wireless communications, messaging and automated workflow.
“Signing Telstra to an @Road reseller agreement marks another milestone in our company’s history and adds to the momentum we’re building in our efforts to expand internationally,” said Krish Panu, @Road president and CEO. “This agreement is also an illustration of our distribution model, which includes the utilization of leading resellers to market and sell @Road MRM solutions. It is through this strategy that @Road intends to leverage the expertise and sales infrastructure of established companies like Telstra to help us increase our subscriber base, provide for additional revenue growth opportunities and maximize shareholder value."
This announcement comes on the heels of Telstra signing an @Road service and subscription agreement to use the @Road GeoManager MRM solution for field force management of up to approximately 7,060 Telstra field technicians. Telstra provides telecommunications services to more than 10.3 million Australian fixed line customers and more than 7.6 million mobile services customers.
@Road’s flagship GeoManager MRM solution for field force management is designed to give a variety of businesses the ability to optimize the management of their assets in the field for achieving improvements in customer service and higher levels of customer satisfaction and retention. @Road GeoManager is already a leading field force management solution in the U.S. and Asia Pacific with more than 150,000 subscribers.
@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.
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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. These factors, risks and uncertainties include, but are not limited to customer acceptance of @Road’s solutions in Australia and other international markets; the ability of @Road and Telstra to comply with the terms of the agreement between them; the ability of @Road to expand internationally; the ability of @Road MRM solutions to help users in Australia and in other markets improve productivity or increase the quality of services provided; and general economic and political conditions. Further information regarding these and other risks is included in the @Road Quarterly Report on Form 10-Q for the quarter ended June 30, 2006, the @Road Annual Report on Form 10-K/A for the year ended December 31, 2005 and in @Road’s other filings with the Securities and Exchange Commission.
@Road, the @Road logo, and GeoManager are trademarks or registered trademarks of @Road, Inc. and its subsidiaries. All other marks used herein are the properties of their respective owners.
David Lebedeff
Vice President Investor Relations
@Road
510-870-1317
dlebedeff@road-inc.com
Bob Stern
Media Relations Manager
@Road
510-870-1360
bstern@road-inc.com
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