@Road Appoints Michael Johnson as Chief Financial Officer; Johnson Brings More Than 20 Years of Finance & Administration Experience with Technology Companies to @Road.FREMONT, Calif. -- @Road(R) (Nasdaq:ARDI ARDI Association Rwandaise pour la Promotion du Développement Intégré (French) ARDI Accounts Receivable Dollar Inventory ARDI Action Rwandaise pour le Developpement Integre ARDI Annually Renewable Disability Income ), a leading provider of mobile resource management (MRM MRM Marketing Resource Management MRM Mobile Resource Management MRM Metabolic Response Modifiers MRM Multiple Reaction Monitoring (mass spectrometry) MRM Mormonism Research Ministry MRM Mechanically Recovered Meat ) services, today announced that Michael Johnson Michael Johnson or Mike Johnson may refer to:
"We are delighted to announce that Mike Johnson has joined our executive team," said Krish Panu, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of @Road. "With his varied wealth of experience, we believe Mike greatly enhances an already expert management team." Arising from a variety of chief financial officer and financial management roles for technology companies, Johnson has a long list of accomplishments. As a senior member of the management team of Ascend Communications, he was instrumental in growing sales from $25 million to $1.5 billion. As chief financial officer of CacheFlow Inc., Johnson helped grow the company's market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. to the multi-billion dollar level. He was instrumental in numerous mergers and acquisitions during the past 10 years, including responsibility for integrating acquired operations. He has also helped establish and manage international sales operations in multiple regions around the world such as Europe, Asia, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and the Middle East. He was responsible for and has been a part of the investor relations Investor relations The process by which the corporation communicates with its investors. functions for several companies. Most recently, Johnson served as senior vice president and chief financial officer of Amber Networks, which was acquired by Nokia Corporation for over $450 million. "Joining the @Road executive team is an opportunity I could not pass up," said Johnson. "@Road has demonstrated its leadership in profitably providing innovative technology solutions, which sets the benchmark for mobile resource management service providers. I look forward to working with the team and helping @Road achieve new milestones and further success." About @Road @Road (Nasdaq:ARDI) is a leading provider of mobile resource management (MRM) services, a rapidly growing category of productivity solutions integrating wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , location technologies, hosted software applications, transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. 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 more than 130,000 mobile workers in North America every day. The company has headquarters in Fremont, CA, and secure networked data centers on both U.S. coasts. For more information, visit the @Road web site at www.road.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. Potential risks and uncertainties include, but are not limited to, the future operating results and profitability of @Road, 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 Form 10-Q See 10-Q. dated May 10, 2004, Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. dated March 12, 2004 and in its other filings with the Securities and Exchange Commission. @Road undertakes no obligation to update the forward-looking statements contained in this press release. @Road is a registered trademark of At Road, Inc. The @Road logo is a trademark of At Road, Inc. |
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