@Road Updates Status of Verizon Wireless CDPD Network and Verizon Communications.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 provided an update on the status of the Verizon Wireless Cellco Partnership, doing business as Verizon Wireless, owns and operates the second largest wireless telecommunications network in the United States, based on total wireless customers. CDPD (Cellular Digital Packet Data) A low-speed, digital, wireless data network that is an enhancement to an existing analog cellular network. Based on IBM's CelluPlan II, CDPD provides a packet overlay onto the AMPS network and moves data at 19. network and the Company's customer relationship with Verizon Communications
Verizon Communications, Inc. . Based on recent communications with Verizon Wireless and observations of service availability on the Verizon Wireless CDPD network, the Company believes that Verizon Wireless is in the process of shutting down its CDPD network. The Company believes that this process may be completed in the next several days. In addition, Verizon Communications requested the Company discontinue providing services to substantially all of the Verizon Communications MRM subscribers effective January 31, 2006. The Company intends to discuss these matters in more detail in the forward-looking portions of its February 7 Fourth Quarter Earnings Conference Call. Fourth Quarter Earnings Conference Call and Webcast Details @Road will host a teleconference Tuesday, February 7, commencing at 2:00 p.m. Pacific Time, to discuss the fourth quarter financial results and outlook for future periods. Participating in the call will be @Road President and 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. Krish Panu and CFO See Chief Financial Officer. Mike Martini. All interested parties may listen by dialing 888-481-7939 or 617-847-8707, pass code 69494136, or by tuning into the webcast at www.road.com. It is Company policy to recognize a quiet period at the end of each quarter. The quiet periods begin on the day after the fiscal quarter/year end and terminate when the Company releases its earnings for such quarter/year. During these periods, Company representatives are precluded from having conversations with members of the investment community. 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 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-based technologies, 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, @Road solutions are designed to provide a secure, scalable, upgradeable, enterprise-class platform, and are offered in on-demand software See SaaS. delivery, on-premise or hybrid environments that can seamlessly connect mobile workers in the field to real-time corporate data. As of September 30, 2005, @Road was providing Mobile Resource Management solutions to approximately 150,000 subscribers and approximately 30,000 end users around the world. The company is headquartered in Fremont, Calif., and has a global presence with offices in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia. For more information on @Road solutions, 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. Numerous factors, risks and uncertainties affect the company's operating results and could cause the company's actual results to differ materially from forecasts and estimates or from any other forward-looking statements made by, or on behalf of, @Road, and there can be no assurance that future results will meet expectations, estimates or projections. These factors, risks and uncertainties include, but are not limited to, the impact of the termination of the Verizon Wireless CDPD network and of substantially all Verizon Communications MRM subscribers on @Road future operating results and profitability; @Road historical operating results and profitability; the ability of @Road to grow subscribers and revenues as a result of the termination of the Verizon Wireless CDPD network and of substantially all Verizon Communications MRM subscribers; the ability of @Road to market, sell and support @Road solutions; the timing of the acquisition and termination of prospects and customers; competition; 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. The Company cautions the reader that the planned appearances of @Road personnel, time and/or manner of the live teleconference, webcast and replays may change for administrative or other reasons outside the Company's control. 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, the @Road Report on Form 10-Q Form 10-Q See 10-Q. dated November 8, 2005 and in its other filings with the Securities and Exchange Commission. @Road and the @Road logo are trademarks or registered trademarks of @Road, Inc. All other trade names are the property of their respective owners. |
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