FieldWorks brings its leadership in information technology for trucking to the largest truck leasing company in the world
Eden Prairie, Minn., January 28, 1999 - FieldWorks, Inc. (NASDAQ: FWRX) signed a three-year agreement with Ryder Transportation Services, a business unit of Ryder Systems, Inc. (NYSE: R), calling for FieldWorks to provide Ryder 751 PC-based truck service tools and other information technology solutions as needed by Ryder. The service tool solutions will reside on FieldWorks 5000 Series II computing platform.
"Because of our turnkey solutions and dedication to implementation of common sense technology in trucking, we were the vendor of choice for this national service bay program and for future IT solutions," said Roberta Herron, managing director of business development for FieldWorks trucking business unit.
Future implementations could include communication solutions aimed at reducing vehicle downtime and incorporating the business functions associated with transporting goods.
"Ryder is deploying technology not only to streamline day-to-day business activities, but also to improve its customers bottom lines," Herron said. "FieldWorks will provide common sense packaging of the necessary enabling technologies."
Ryder will use the FieldWorks PC-based service tools in service bays to perform vehicle diagnostics and communicate with onboard electronics. Unlike other electronic service tools, which tend to be engine- or systems-specific, FieldWorks tools incorporate technologies and software from a number of different engine and systems manufacturers and thus can service a variety of truck engines and systems. In addition, the FieldWorks-Ryder tool features a new universal communications adapter that allows service bay technicians to connect the tool to a variety of engine and system electronic control modules without the need for multiple external adapters.
The Ryder service tool program will roll-out to dealers and maintenance facilities in first quarter 1999.
Ryder is the largest full-service truck leasing company in the world and the leading provider of third-party logistics services. Its fleet includes more than 130,000 vehicles and 13,000 customers, including such well-known names as PepsiCo, Ace Hardware, Home Depot and International Paper. Ryder is FieldWorks first customer in the truck leasing and truck fleet area. Most of FieldWorks past business in trucking has been with vehicle and component manufacturers, including Navistar International Corp. and Freightliner Corp.
FieldWorks trucking group provides information technology solutions and services to truck vehicle and component OEMs, fleets, and leasing and logistics companies worldwide.
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: ww.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.