@Road Joins Freight Transportation Security Consortium; Consortium Seeks to Establish Industry Standards for Managing the Transportation of Hazardous Materials.Business Editors FREMONT, Calif.--(BUSINESS WIRE)--Feb. 26, 2002 @Road(SM) (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 location-enhanced wireless Internet solutions for 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 ), today announced that it has joined the Freight Transportation Security Consortium (FTSC FTSC FidoNet Technical Standards Committee FTSC Fleet Technical Support Center FTSC Full Travel Sealed Contact FTSC Freight Transportation Security Consortium FTSC Fault Tolerant Server Consortium FTSC Full-Time School Counsellor FTSC Fluorescein-5-Thiosemicarbazide ). The FTSC seeks to establish industry standards for security-related messaging and wireless data encryption data encryption, the process of scrambling stored or transmitted information so that it is unintelligible until it is unscrambled by the intended recipient. Historically, data encryption has been used primarily to protect diplomatic and military secrets from foreign for services that enable monitoring of in-transit hazardous and high-risk materials. Since September 2001, @Road has been working with industry associations, congressional leaders, law enforcement and customers to educate the public and private sectors on the terrorist risks associated with the transportation of hazardous and other valuable materials. @Road formalized for·mal·ize tr.v. for·mal·ized, for·mal·iz·ing, for·mal·iz·es 1. To give a definite form or shape to. 2. a. To make formal. b. its efforts in a Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States Initiative announced in December 2001. Drew Robertson, FTSC executive director, summarized the objectives of the standards-setting effort. "The companies in the FTSC believe that monitoring the movement of chemicals and fuels with leading-edge wireless monitoring and sensoring services is one of the most effective ways to markedly reduce the risk of hijacking hijacking Crime of seizing possession or control of a vehicle from another by force or threat of force. Although by the late 20th century hijacking most frequently involved the seizure of an airplane and its forcible diversion to destinations chosen by the air pirates, when and tampering by terrorists. Moreover, data generated by those services should be collected and analyzed by a recognized authority that can simultaneously monitor the 200,000-plus assets in the hazardous materials supply chain. With common standards enabling the delivery of real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. to such an authority, police, fire and other first responders can better prevent, respond to and investigate a future terrorist threat or act," concluded Mr. Robertson. "The @Road LocationSmart(TM) technology platform is an efficient and cost-effective way to immediately enhance the security activities of handlers of hazardous and other high-value materials," said J.D. Fay, @Road vice president, corporate affairs. "By coupling our leadership position in mobile resource management with our leading-edge technology, we believe that @Road will be a strong and valuable member of the FTSC. We look forward to working with FTSC members to achieve our mutual objectives," concluded Mr. Fay. About Freight Transportation Security Consortium The Freight Transportation Security Consortium is an alliance of leading companies in the fields of mobile resource management, asset monitoring, emergency response, equipment finance and insurance. The consortium was assembled in late 2001 in response to the need for a comprehensive solution to the threat of terrorist attacks on the hazardous materials supply chain. For more information, please visit the FTSC Web site at www.transmatch.com. About @Road Based in Fremont, CA, @Road is a publicly held company that provides location-enhanced wireless Internet solutions for mobile resource management. Its patented LocationSmart technology platform combines wireless, positioning and XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. technologies with the Internet into a fully integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. that supports the delivery of location-enhanced wireless Internet services for businesses and mobile professionals. For more information, please visit the company Web site at www.atroad.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 ability of @Road and FTSC to successfully develop standards, products and services described in this press release, 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-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 30, 2001 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, the @Road logo and LocationSmart are trademarks and/or service marks of At Road, Inc. All other trademarks and service marks are the property of their respective owners. |
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