@Road (NASDAQ:ARDI)
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@Road(R), Inc. (NASDAQ:ARDI), a global provider of
next-generation solutions for Mobile Resource Management (MRM), today
announced that it has ranked fourth on the Forbes Magazine Midas List
of the 25 Fastest-Growing Technology Companies. @Road is ranked just
behind Google, ImClone Systems, and WebEx Communications and ahead of
such companies as Altiris, Ebay, Gilead Sciences, Genentech and
Navteq. This year's ranking for @Road is based on a 122% five-year
sales growth rate and marks the second year in a row that @Road has
ranked on the Forbes list.
According to the Feb. 13, 2006, issue of Forbes Magazine, to make
The Midas List of the 25 Fastest-Growing Technology Companies, a
company must have a minimum of $25 million in sales and have been
profitable over the last 12 months. Companies also must have had sales
growth of 10% a year (or better) for the last five years and consensus
earnings forecasts of at least 10% annualized growth over the next
three to five years.
"We're in good company on the Forbes list for 2006," said Krish
Panu, @Road CEO. "Our ranking on the list is recognition of our
leadership and positive traction we've built in the MRM market. We
look forward to building on this momentum and future customer demand
for our innovative on-demand and licensed MRM solutions."
To view the Forbes 2006 Midas List of the 25 Fastest-Growing
Technology Companies, see the Feb. 13, 2006, edition of Forbes
Magazine or visit the Forbes.com Web site (requires free registration)
at: http://www.forbes.com/business/forbes/2006/0213/068.html.
About @Road
@Road, Inc. is a leading global provider of solutions designed to
automate the management of mobile resources and to optimize the
service delivery process for customers across a variety of industries.
@Road delivers Mobile Resource Management solutions in three key
areas: Field Force Management, Field Service Management and Field
Asset Management. By providing real-time Mobile Resource Management
infrastructure integrating wireless communications, location-based
technologies, transaction processing and the Internet, @Road solutions
are designed to provide a secure, scalable, upgradable,
enterprise-class platform, and are offered in on-demand software
delivery, on-premise or hybrid environments that can seamlessly
connect mobile workers in the field to real-time corporate data. @Road
is headquartered in Fremont, Calif., and has a global presence with
offices in North America, Europe and Asia. For more information on
@Road solutions, visit www.road.com.
Except for the historical information contained herein, the
matters discussed in this news release are forward-looking statements
involving risks and uncertainties that could cause actual results to
differ materially from those in such forward-looking statements. These
factors, risks and uncertainties include, but are not limited to,
customer demand for @Road products and services; the dependence of
@Road on mobile data systems technology, wireless networks, network
infrastructure and positioning systems owned and controlled by others;
and general economic and political conditions. Further information
regarding these and other risks is included in the @Road Report on
Form 10-K dated March 15, 2005, in the @Road Report on Form 10-Q dated
November 8, 2005, and in its other filings with the Securities and
Exchange Commission.
@Road and the @Road logo are trademarks or registered trademarks
of @Road, Inc. All other trademarks or service marks used herein are
the property of their respective owners.