TransCore and Telenor Extend Asset-Tracking Product DistributionJanuary 3, 2007
The partnership expands TransCore's GlobalWave capabilities via satellite throughout Europe.
HARRISBURG, Pa. & OSLO, Norway /BUSINESS WIRE/ -- TransCore and Telenor Satellite Services, a subsidiary of Telenor ASA of Norway, have signed a five-year agreement for Telenor to serve as a distributor of TransCore's GlobalWave asset tracking products throughout Europe. The multi-year agreement with Telenor further expands TransCore satellite offerings in the international market. The service uses Inmarsat satellite capacity provided by Telenor Satellite Services to TransCore.
"Over the past decade, the need to track and monitor assets has reached a crucial turning point, particularly with the evolving and stringent security measures now required due to the current international state of affairs. Companies require reliable and remote communications in numerous vertical markets, such as marine, rail, container, intermodal, and heavy equipment," said Anders Kallerud, Executive Vice President of Telenor Satellite Services. "Offering complementary technologies, Telenor and TransCore have entered into a distribution agreement that enhances both companies' services to monitor high-dollar assets in a myriad of environments."
As one of the largest providers of satellite-based communications worldwide, with more than 400 service providers globally, Telenor Satellite Services offers an instant infrastructure for international distribution and technical support. The combination of this established network and GlobalWave product offerings makes solutions readily available to the European community and provides a software developer's toolbox to create market-specific tracking and asset management applications.
"Telenor is universally respected and known for top-quality service," said John Worthington, TransCore's President. "We believe this agreement will translate into increased market position for our GlobalWave product line and provide Telenor access to an additional satellite communications service."
Launched in 1999, the satellite-based GlobalWave communications system allows users to monitor, manage, track, and communicate with remote and mobile assets from a Web site interface. With four ground control stations providing service to five continents, the GlobalWave network supports more than 75,000 users worldwide.
About GlobalWave Asset Tracking Products
In late 2005, following an extensive research and development effort, TransCore introduced a smaller, faster, more power efficient, and compelling value proposition for satellite-based asset tracking technology. At the heart of these innovations was a new core modem that reduces the size of communication terminals and extends battery life from the usual three years to over five years, doubling the battery life of trailer tracking products on the market.
The GlobalWave mobile data communication terminals allow short control or text messages to be sent between a central location and dispersed mobile assets over a satellite network. Fleet operators interact with their tagged assets using familiar computer programs and interfaces. The base terminal is the tracking-only solution. The sensor-enabled terminal may be used with a wide range of GlobalWave sensors for remote, up-to-date access to information such as loaded/empty status, cargo temperature, tire-inflation status. and other critical data.
The terminals are very low-profile and designed to become an integral part of the asset for an inconspicuous appearance not easily noticed by those who might tamper with the devices. These terminals will also withstand extreme weather conditions for external mounting. The geographic location of either type of terminal can be determined by GlobalWave's integrated GPS. All operating characteristics can be modified remotely via the system, such as reporting interval and enabling/disabling features such as door alarms.
About Telenor Satellite Services
Telenor Satellite Services is the "world's preferred" provider of global communications solutions via satellite for customers on land, at sea, and in flight. Telenor's expanded product portfolio offers broadband satellite solutions, on-demand services, and an innovative menu of value-added services capable of meeting communications requirements of users around the globe. Telenor also offers The Source and My Source, Web-based account management tools available exclusively to Telenor Service Providers and Telenor end users. Telenor Satellite Services owns and operates a global network of teleports located at Eik. Norway; Southbury, CT; and Santa Paula, CA; and it operates VSAT hubs at facilities in Nittedal, Norway, and Prague, Czech Rep. The company provides services using multiple global satellite systems, which are sold and distributed via Telenor's worldwide network of service providers. For more information, visit the company's Web site or contact Tom Surface at 301-838-7805 or firstname.lastname@example.org.
TransCore is dedicated to driving inefficiencies out of surface transportation through innovation. With installations in 46 countries, more than 100 patents, and pioneering applications of RFID and satellite communications technologies, TransCore's expertise is unparalleled in the markets it serves. In 2006, TransCore was honored by Inbound Logistics Magazine as one of the Top 100 Logistics providers, and Engineering News-Record (ENR) ranked TransCore No. 57 out of the Top 500 Design Firms and No. 11 for firms that specialize in transportation. TransCore operates as a unit of Roper Industries, a market-driven, diversified growth company with 2005 revenues of $1.5 billion, total capitalization of over $4 billion, and is a component of the S&P MidCap 400 and Russell 1000 Indexes. For more information, visit the company's Web site or contact Barb Catlin at 972-740-7150 or email@example.com.
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