Celadon's TruckersB2B, Inc Enters Into an Exclusive Marketing Agreement With McLeod Software Corp To Provide ASP Services.Business Editors INDIANAPOLIS--(BUSINESS WIRE)--Oct. 31, 2000 Celadon celadon Chinese, Korean, Siamese, and Japanese stoneware decorated with glazes the colour range of which includes greens of various shades, olive, blue, and gray. The colours are the result of a wash of slip (liquefied clay) containing a high proportion of iron that is Group's (Nasdaq: CLDN CLDN Calling Line Directory Number CLDN Claudin (gene family) ) TruckersB2B, Inc., has signed an exclusive agreement with Tom McLeod Software Corporation to provide McLeod's LoadMaster load·mas·ter n. An aircraft crew member in charge of loading and unloading cargo or heavy weapons. An Air Force technician qualified to plan loads, to operate auxiliary materials handling equipment, and to supervise loading and unloading software, as an Application Service Provider ("ASP"), to its members which consist of small and medium-size truckload carriers. This partnership will utilize the Internet to provide lower cost access to the McLeod software for TruckersB2B members. McLeod, through TruckersB2B, now provides the first full-service ASP package ever offered in the truckload truck·load n. The quantity that a truck can hold. truckload n → camión m lleno industry. The McLeod software enables smaller truckload carriers to provide the same portfolio of state-of-the-art functionality, to both their customers and drivers, as that of their larger counterparts without the significant capital investment previously necessary. LoadMaster provides a system that interfaces with most popular mobile communication, mileage and fuel systems. In addition, McLeod offers a Document Imaging System, an Internet Module, a Private Network Notification Module, an EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. Editor Program and an Interactive Voice Response System for trucking companies. Large shippers often require carriers to have services like document imaging and EDI in order for them to haul their loads. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bob Helms, 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. of TruckersB2B, "smaller carriers, through TruckersB2B, can now offer these features without the investment in the "back office" support and capital costs previously necessary for them to compete on this basis." Tom McLeod, President and CEO of McLeod stated, "We are happy to have TruckersB2B as an exclusive marketer of McLeod Software products." McLeod also stated, "We are very proud of our McLeod LoadMaster software and we look forward to providing this top-notch software to the members TruckersB2B will introduce to our company." Tom McLeod Software Corporation is a 16-year-old privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. and is a global provider of the world's most comprehensive trucking transportation dispatch and accounting software. Located in Birmingham, Alabama Birmingham (pronounced [ˈbɝmɪŋˌhæm]) is the largest city in the U.S. state of Alabama and is the county seat of Jefferson County. , Tom McLeod Software Corporation has a strong, established customer base with a reputation for excellence and experience. TruckersB2B is an Internet-based "Business-to-Business" provider of pre-negotiated savings to its members on fuel, tires, freight finding, insurance, and other products and services purchased by small and medium-sized trucking companies and private fleets. TruckersB2B aggregates the volume purchasing capability of its members to achieve a lower cost of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. than could usually be obtained by its members individually. The discounts and rebates are provided to TruckersB2B members by leading vendors who are seeking to increase their sales volume and market share by utilizing the TruckersB2B "eMember Marketing" program to complement their traditional marketing methods. Celadon Group's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Celadon E-Commerce, Inc., is the majority owner of TruckersB2B, Inc. Please visit the company's website at www.truckersb2b.com or www.celadontrucking.com The discussion set forth above as well as oral statements made by officers of Celadon Group relating thereto, may contain forward looking statements within the meaning of 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. Such comments are based upon information currently available to management and management's perception thereof as of the date of this press release. Actual results of Celadon Group's operations could materially differ from those forward-looking statements. Such differences could be caused by a number of factors including, but not limited to, potential adverse affects of regulation; changes in competition and the effects of such changes; increased competition; changes in fuel prices; changes in economic, political or regulatory environments; changes in the availability of a stable labor force; the ability of Celadon Group to hire drivers meeting company standards; changes in management strategies; environmental or tax matters; and risks described from time to time in reports filed by Celadon Group with the Securities and Exchange Commission. Readers should take these factors into account in evaluating any such forward-looking statements. For additional information on Celadon Group, Inc. free of charge via the Internet, please go to http://www.tirc.com/invest/celadon/index.htm |
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