Cosworth to develop applications software for FieldWorks´ industry-specific systems alliance will deliver total information system solutions to heavy duty truck market
Eden Prairie, Minn., July 22, 1998 - Expanding its ability to deliver industry-specific applications software in its systems offerings, FieldWorks, Inc. (NASDAQ: FWRX) today announced a joint marketing agreement with Cosworth Engineering, Inc. The agreement calls for joint marketing of products and services to the heavy duty market, which comprises large over-the-road trucks as well as large off-road construction and precision farming equipment.
Cosworth Engineering, Inc. is a consultancy serving vehicle manufacturers worldwide and a subsidiary of the UK publicly quoted engineering company, Vickers PLC.
According to Gary Beeman, FieldWorks vice chairman, FieldWorks and its customers will have access to Cosworth Engineering´s capabilities in diagnostic software services, engineering services and training. Cosworth will develop customer-specific software applications defined by FieldWorks - such as applications in service-bay diagnostics, onboard diagnostics and manufacturing line testing - for FieldWorks´ computing platforms. "Cosworth Engineering adds tremendous applications expertise to FieldWorks´ heavy duty truck computing solutions," Beeman said. "Our alliance with Cosworth Engineering is another example of FieldWorks´ strategy to provide total solutions to target industries - in this case trucking, but also medical, utility and government - and we will continue to pursue alliances that strengthen FieldWorks´ ability to develop, integrate and supply comprehensive solutions."
FieldWorks´ Roberta Herron, business development manager for the heavy duty market, sees the combination of FieldWorks´ customizable platforms and Cosworths custom applications as a powerful opportunity to meet needs in the heavy duty truck market.
"The technology the heavy duty market needs is here, promising to improve maintenance, safety and vehicle life, reduce downtime and better manage equipment and fleets," Herron said. "The question is: How do trucking companies take advantage of it? FieldWorks has the technology platform, understands the heavy duty industry and - through alliances with partners like Cosworth Engineering - is expanding its resources so that customers can take advantage of these latest tools."
FieldWorks also manages the installation, support and maintenance of PC-based tool programs. FieldWorks was first to incorporate technologies and software from a number of different engine and vehicle systems manufacturers in a single PC-based service tool.
FieldWorks designs, builds and sells customer-specific computing solutions for demanding field environments. Users include field professionals in transportation, telecommunications, utility, medical, law enforcement and other industries worldwide. FieldWorks products are designed and produced in compliance with its formal quality system, which is certified to the international ISO9001 quality standard.
FieldWorks headquarters are at:
7631 Anagram Drive, Eden Prairie, MN 55344
Internet Address: www.field-works.com
Telephone: (612) 974-7000
Fax: (612) 974-7199
Forward-looking statements in this news release, if any, are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changing economic or business conditions, the impact of competition, the availability of financing, the success of products in the marketplace, other risk factors inherent in the computer industry, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission.