Teletrac Vehicle Recovery Technology Saves Local Firm Nearly $220,000 in Assets; Five Stolen Trucks Successfully Recovered for Local Contracting Firm.

HAYWARD, Calif.--(BUSINESS WIRE)--Nov. 25, 1997--Crescent Truck Lines, based in Hayward, Calif., recovered five stolen vehicles last week using Teletrac's state-of-the-art wireless tracking technology, saving nearly $100,000 in stolen cargo in addition to an estimated $120,000 in value of the five vehicles.

The vehicles were returned to Crescent Truck Lines in full working condition and the quick recovery resulted in minimal 'down time' to the company.

Less than thirty minutes after being notified by Crescent Truck Lines, Teletrac located the first of the company's five stolen vehicles in an industrial area of Hayward, Calif., and reported the location to the California Highway Patrol's Cargo Theft Interdiction Program (CTIP). Within 10 hours, CTIP found the five vehicles, established surveillance and apprehended the suspect, who, preliminary investigation revealed, already was on parole for auto theft and under investigation in connection with 17 other stolen vehicles.

"Two months ago, we implemented the Teletrac system in order to reduce operation costs. We never anticipated it would play such a critical role in vehicle recovery so quickly after the installation," said Chris Stafford, terminal manager of Hayward and Santa Clara territory for Crescent Truck Lines. "Because of Teletrac and CTIP, the incident had very little impact on our business -- our trucks were back in service to customers quicker than we ever expected."

The stolen vehicles were located from Teletrac's monitoring center, allowing the California Highway Patrol to drive to the exact locations. This procedure differs from competitor systems because with Teletrac, law enforcement officials do not need to monitor and locate stolen vehicles. Instead, they are notified of the exact location by Teletrac or the Teletrac customer and can react directly to the crime.

"We are pleased that our combined efforts with the California Highway Patrol prevented Crescent Truck Lines from losing more than $220,000 in vehicles, cargo and business revenues," said Ernie Bayless, customer operations manager for Teletrac's San Francisco office. "With our 90 percent recovery rate for finding stolen or hijacked vehicles, law enforcement and companies such as Crescent have come to rely on Teletrac's swift response and assistance."

Founded in 1988, Teletrac is a leading provider of fleet vehicle location and management services in metropolitan areas, with more than $250 million invested in infrastructure, operations and land-based location technology. Teletrac provides customers with a low-cost, accurate and reliable real-time method of locating vehicles in selected metropolitan areas.

Teletrac's system enables customers to better manage their mobile workforce, provide security for their property and personnel and communicate far more effectively with mobile workers.

Teletrac's services are currently available in the metropolitan markets of Los Angeles, San Francisco, San Diego, Detroit, Chicago, Dallas, Houston, Orlando and Miami. Companies currently using Teletrac's system include: Emery Air Freight, Inc., Budget Rent-A-Car Corporation, Brinks, Inc., Roto-Rooter Corp., Tele-Communications, Inc. and Dallas Independent School District.

The company plans to expand operations into the Northeast Corridor in 1998, including the metropolitan markets of Washington D.C., New York, Philadelphia and Boston, among others. For more information, contact Tom Schad at 816/474-0055, ext. 135.

CONTACT: Edelman Public Relations Worldwide

Lina Park/Heidi McKinley, 214/520-3555

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