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@Road Names Michael Martini as Chief Financial Officer; Telecom, Cable and Utility Industry Veteran Brings More than 20 Years of Corporate Finance Experience to @Road.


FREMONT, Calif. -- @Road(R), Inc. (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 global 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
) and intelligent field service automation solutions, today announced that Michael Martini has joined the Company as Senior Vice President of Finance and Chief Financial Officer (CFO See Chief Financial Officer. ) effective immediately. Martini brings to @Road more than 20 years of business finance and corporate strategy experience with a strong background in the telecommunications, cable and utility industries. Prior to joining @Road, Martini was CFO for SPL (1) (Systems Programming Language) The assembly language for the HP 3000 series. See assembly language for an SPL program example.

(2) (Structured Programming Language) See structured programming.

1.
 WorldGroup B.V., a leading provider of customer care and billing, enterprise asset and work management, mobile workforce management Workforce Management (WFM) encompasses all the responsibilities for maintaining a productive and happy workforce. Sometimes referred to as HRMS systems, or even the larger ERP systems (Oracle, PeopleSoft, SAP). There are many software vendors within this space.  and outage management systems for energy markets worldwide.

"We are delighted to have a financial executive of Michael Martini's caliber join the Company," 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. "His knowledge of business finance, international market experience and understanding of satisfying Fortune 500 customers make him an ideal choice for the role of @Road CFO. Additionally, because of his extensive experience working in the telecom, cable and global utility industries, we feel Mike can make a valuable contribution to the @Road team as we seek to grow internationally and enhance our position as a leading provider of MRM and intelligent field service delivery automation solutions."

As CFO of SPL WorldGroup, Martini was responsible for the company's finance, information technology and business strategy. He also played a critical role in SPL WorldGroup's successful merger and acquisition strategy in addition to other business growth initiatives prior to SPL WorldGroup being acquired by GFI GFI Ground Fault Interrupter
GFI Go For It
GFI Government-Furnished Information
GFI Growing Families International
GFI Goodness of Fit Indices
GFI Government Financial Institutions (Philippines)
GFI Gross Farm Income
 Energy.

In addition to serving as CFO of SPL WorldGroup, Martini has more than 20 years of finance and corporate strategy experience with such companies as TCI (Trustworthy Computing Initiative) An umbrella term from Microsoft for its efforts to improve security in Windows. TCI was announced in 2002 after viruses such as Code Red and Nimda had succeeded in attacking numerous Windows computers.  Communications, a provider of cable TV, broadband data, and telecommunication services, and Pacific Telesis
For current information on this topic, see AT&T.


Pacific Telesis Group was one of the seven Regional Bell Operating Companies created after the 1984 breakup of AT&T as a holding company for Pacific Bell and Nevada Bell.
 (now SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002.  Communications), a leading provider of communications and information services See Information Systems. . As CFO for TCI Communications' West Region, Martini managed all business operations and finance for the company's regional cable TV, broadband data and telecommunications entity which had annual revenues of more than $1 billion and assets of approximately $5 billion. Martini also led the effort to lower TCI Communications' cost structure and significantly improve service by consolidating operations and call centers, while growing revenues through company acquisitions. Martini has also served more than 15 years with Pacific Telesis in various senior-level finance and strategy positions, including as vice president and CFO for Pacific Bell Communications, a Pacific Telesis subsidiary.

"I am very excited to have joined @Road," Martini said. "I believe the Company is in a unique position to have the right set of solutions, in the right markets, at the right time. I also believe that @Road has demonstrated a viable business model that can produce continued profits. My focus will be helping the @Road executive management team carry out their customer and business growth strategies while at the same time maximizing shareholder value."

About @Road

@Road, Inc. is a global provider of solutions that intelligently automate the management of mobile resources and which are designed to optimize the service delivery process for customers across a variety of industries. By providing real-time Mobile Resource Management infrastructure integrating wireless communications, location-based technologies, software applications, transaction processing and the Internet, @Road solutions are designed to provide a secure, scalable, upgradeable, enterprise-class platform, and are offered in hosted, on-premise or hybrid environments that seamlessly connect mobile workers in the field to real-time corporate data on-demand. @Road is headquartered in Fremont, Calif., and has a global presence with offices in North America, Europe and Asia. For more information on @Road products and services, visit www.road.com.

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 the ability of @Road to carry out their customer and business growth strategies; the ability of @Road to accelerate or continue to grow as a result of its investment initiatives; the timing of purchasing and implementation decisions by SBC and other prospects and customers; competitive and pricing pressures; 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-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 15, 2005, in the @Road Report on Form 10-Q Form 10-Q

See 10-Q.
 dated May 10, 2005 and in its other filings with the Securities and Exchange Commission.

@Road is a registered trademark of @Road, Inc. The @Road logo is a trademark of @Road, Inc. All other trademarks and service marks are the property of their respective owners.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 20, 2005
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