@Road and LandSonar Enter Into Intellectual Property License Agreements.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, and LandSonar, Inc., a San Francisco-based predictive traffic analytics and services company, today announced that they have entered into multi-year intellectual property cross-licensing agreements. Under the terms of the agreements, @Road will license @Road patent number 6,594,576, titled "Using Location Data to Determine Traffic Information" to LandSonar. Additionally, LandSonar will license LandSonar technology, and LandSonar licensed technology to @Road for the purposes of integrating it with @Road technology in order to offer and deliver combined services and products to the end users and customers of @Road. @Road has eleven patents, with an additional 34 pending in jurisdictions world wide. This is the first patent @Road has licensed. "@Road is happy to partner with LandSonar toward the development of transportation solutions that promote public safety and improve the utilization of our natural resources and public infrastructure," said Tom Allen For other persons of the same name, see Thomas Allen. Thomas H. (Tom) Allen (April 16 1945– ) is a member of the United States House of Representatives representing Maine's At-large congressional district (map). He is a Democratic candidate for the U.S. Senate in 2008. , executive vice president and COO of @Road. "LandSonar is a truly innovative and steadfast partner. We believe that this license agreement will create innovative value-added services for our mobile resource management customers." About LandSonar LandSonar is a Predictive Vector Analytics platform that uses dynamic data sources to deliver predictive decision support data to commercial transportation fleets, their insurance companies and their customers. For more information on LandSonar, please visit www.landsonar.com. 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 approximately 130,000 mobile workers 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. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 to develop, market and sell the integrated services In computer networking, IntServ or integrated services is an architecture that specifies the elements to guarantee quality of service (QoS) on networks. IntServ can for example be used to allow video and sound to reach the receiver without interruption. discussed herein, 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 August 9, 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 @Road, Inc. |
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