@Road Named an MRM 'Player to Watch in 2006'; Leading Market Research and Consulting Firm, Frost & Sullivan, Recognizes @Road i
14 March 2006 - 11:30PM
Business Wire
@Road(R), 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(TM) 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 http://www.frost.com.
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.
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