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@Track Communications, Inc. Reaches New Milestone With More Than 60,000 Units Now in Service On Its Wireless Communications Network.


Business Editors & High-Tech high-tech also hi-tech
adj. Informal
Of, relating to, or resembling high technology.


high-tech
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same as hi-tech

Adj. 1.
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RICHARDSON, Texas--(BUSINESS WIRE)--Oct. 12, 2000

@Track Communications, Inc. (Nasdaq:ATRK), a leading provider of wireless-based vehicle fleet management and intelligent mobile-asset-tracking solutions, today announced that it has surpassed 60,000 mobile communications units in service on its wireless network, which provides voice and data transmissions and automatic vehicle location See mobile positioning.  (AVL (Automatic Vehicle Location) See mobile positioning. ) services to its customers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada.

"We have achieved this important milestone while successfully executing what we believe is the single largest service vehicle communications deployment in the U.S. with various member companies of 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, Inc.," said Jana Bell, @Track's president and chief executive officer. "We have installed over 25,000 service vehicle units and are in the process of installing another 18,000 units for various SBC companies."

"We believe our success in executing demanding equipment deployment schedules, the strength of our system coverage, and the reliable performance of our equipment and network have contributed significantly to our continued expansion and leadership role in our industry," noted Bell. "We are continuing to pursue our technology plan, which we expect will position @Track to leverage its existing transportation industry expertise and business relationships to compete in the rapidly emerging AVL marketplace."

@Track provides intelligent wireless mobile communications, emergency dispatch A dispatch or dispatches can refer to:
  • Dispatch (logistics), a procedure in logistics
  • Dispatch (band), an American jam band
  • Dispatches (TV series), a documentary show on Channel 4 in the UK
  • Dispatches
, fleet management and mobile-asset-tracking solutions. Its technology, currently covered by 38 issued U.S. and foreign patents and additional U.S. and international patents pending, combines wireless data and voice technologies with GPS satellite location capabilities for vehicle fleet management. The company's mobile asset product, TrackWare(TM), combines the technologies of GPS and wireless control channel messaging to track mobile assets.

Legal notice to investors: Certain 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.
" intended to qualify for the safe harbors Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 from liability established by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company "expects," "anticipates" or words of similar import. Similarly, statements that describe the Company's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements generally involve known and unknown risks, uncertainties and other facts, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: ability to raise capital to fund technology and business plan; success of operating initiatives; research, development and operating costs operating costs nplgastos mpl operacionales ; ability to execute technology plan; market conditions; advertising and promotional efforts; brand awareness; adverse publicity; acceptance of new product offerings; changes in business strategy or development plans; business abilities and judgment of personnel; availability of qualified personnel; competition. For a listing of risks applicable to the future prospects of the Company, please refer to the reports filed with the SEC, such as recent 10-K and 10-Q Reports.

"@Track Communications," "TrackWare" and the red orb logotype are trademarks and service marks of @Track Communications, Inc.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 12, 2000
Words:502
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