Traffic (NASDAQ:TRFC)
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Traffic.com, Inc. (NASDAQ:TRFC),
the leading provider of personalized traffic information for drivers
coast to coast, has been named one of Deloitte’s
2006 Greater Philadelphia Technology Fast 50 Companies. This honor ranks
Traffic.com among the 50 fastest growing technology, media,
telecommunications and life sciences companies in the area based on the
percentage revenue growth over five years from 2001-2005. Deloitte &
Touche USA LLP, one of the nation’s leading
professional services organizations, runs the Technology Fast 50 program
in 16 regions across the country.
With powerful, flexible technology at its core, Traffic.com is the
traffic industry market’s leader. Delivering
the most accurate and comprehensive traffic information available,
across multiple platforms including Web, TV, mobile phones and personal
navigation devices, Traffic.com continues to develop the advanced,
customizable technologies that business partners and consumers demand.
Years of technology innovation and an unwavering dedication to superior
services strengthen Traffic.com’s
market-leading position, as do strategic partnerships with high-profile
companies such as AOL, Comcast, Garmin International, Microsoft
Corporation, NAVTEQ, The Weather Channel®
and more than 65 television stations and nearly 130 radio stations
nationwide.
Traffic.com is the only company that integrates the breadth and depth of
traffic data obtained from a proprietary network of digital roadside
sensors, agency data shared by government partners, probe data, and
state-of-the-art event and accident information gathered through
Traffic.com's local operations centers based across the country. Through
its proprietary Traffic Information Management System (TIMS),
Traffic.com collects, aggregates, and normalizes data from numerous
diverse sources and distributes traffic information across multiple
platforms, including hundreds of broadcast clients and millions of
consumers via the Web. TIMS, a sophisticated, highly-scalable processing
engine which houses the nation's largest database of real-time,
historical and predictive traffic data, has many patent-pending
technologies and powers the advanced algorithms that supply the only
truly real-time, accurate traffic information available in the market
today.
“It is an absolute honor to have been selected
as one of Deloitte’s Technology Fast 50
winners,” said Robert N. Verratti, chief
executive officer, Traffic.com. “This
recognition is really a testament to our dedicated employees who
everyday ensure that our superior technology is leading the industry and
allowing us to provide our business partners and consumers with the most
accurate and reliable real-time traffic information available.”
“To rank on Deloitte’s
Technology Fast 50, companies must have phenomenal revenue growth over
five years,” said Michael J. Purcell, Greater
Philadelphia Marketplace Technology, Media, and Telecommunications
Leader, Deloitte & Touche, LLP. “Traffic.com
has proven to be one of the fast-growth success stories in Greater
Philadelphia, and we applaud their dedication to making their vision a
reality.”
Winners of the 16 regional Technology Fast 50 programs in the United
States and Canada are automatically entered in Deloitte’s
Technology Fast 500 program, which ranks North America’s
top 500 fastest growing technology, media, telecommunications and life
sciences companies. For more information on Deloitte’s
Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.
About Traffic.com, Inc.
Through the industry’s most comprehensive
data collection infrastructure, Traffic.com offers consumers real-time
custom traffic reports in 50 metropolitan areas. These reports are
personalized to meet the needs of every driver and are complete with
predictive traffic trends, vehicle speeds, congestion levels, travel
times, and delay times delivered via Web, wireless device, radio,
television, and in-vehicle navigation systems. Traffic.com’s
ability to distribute traffic information via specialized data feeds and
across multiple platforms creates unique and powerful branding
opportunities for advertisers, enabling them to expand their reach and
target consumers with useful, relevant content multiple times per day.
Traffic.com's business partners include AOL, Comcast, Garmin
International Inc., Microsoft, NAVTEQ, The Weather Channel®,
and XM Satellite Radio.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss
Verein, its member firms and their respective subsidiaries and
affiliates. As a Swiss Verein (association), neither Deloitte Touche
Tohmatsu nor any of its member firms has any liability for each other’s
acts or omissions. Each of the member firms is a separate and
independent legal entity operating under the names “Deloitte,”
“Deloitte & Touche,”
“Deloitte Touche Tohmatsu”
or other related names. Services are provided by the member firms or
their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu
Verein.
Deloitte& Touche USA LLP is the U.S. member firm of Deloitte Touche
Tohmatsu. In the U.S., services are provided by the subsidiaries of
Deloitte & Touch USA LLP (Deloitte & Touch LLP, Deloitte Consulting LLP,
Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their
subsidiaries), and not by Deloitte & Touche USA LLP.
Forward-Looking Statement
This press release includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Because
these statements apply to future events, they are subject to risks and
uncertainties that could cause actual results to differ materially,
including Traffic.com’s history of operating
losses, risks associated with its recently expanded business model, the
substantial competition it faces, its ability to maintain advertiser
relationships and attract additional advertisers, its dependency on
government contracts, possible failure of its traffic information
management system, and failure to protect its intellectual property or
to defend against intellectual property claims of others. These and
other risks are described in greater detail in Traffic.com’s
filings with the Securities and Exchange Commission. Traffic.com may not
actually achieve the goals or plans described in its forward-looking
statements, and investors should not place undue reliance on these
statements. Traffic.com disclaims any intent or obligation to update any
forward-looking statements as a result of developments occurring after
the date of this press release.
trfc-g
The Traffic.com logo and Traffic.com are registered trademarks. All
other product or service names or marks are the property of their
respective owners. © 2006
Traffic.com, Inc.
Traffic.com, Inc. (NASDAQ:TRFC), the leading provider of
personalized traffic information for drivers coast to coast, has been
named one of Deloitte's 2006 Greater Philadelphia Technology Fast 50
Companies. This honor ranks Traffic.com among the 50 fastest growing
technology, media, telecommunications and life sciences companies in
the area based on the percentage revenue growth over five years from
2001-2005. Deloitte & Touche USA LLP, one of the nation's leading
professional services organizations, runs the Technology Fast 50
program in 16 regions across the country.
With powerful, flexible technology at its core, Traffic.com is the
traffic industry market's leader. Delivering the most accurate and
comprehensive traffic information available, across multiple platforms
including Web, TV, mobile phones and personal navigation devices,
Traffic.com continues to develop the advanced, customizable
technologies that business partners and consumers demand. Years of
technology innovation and an unwavering dedication to superior
services strengthen Traffic.com's market-leading position, as do
strategic partnerships with high-profile companies such as AOL,
Comcast, Garmin International, Microsoft Corporation, NAVTEQ, The
Weather Channel(R) and more than 65 television stations and nearly 130
radio stations nationwide.
Traffic.com is the only company that integrates the breadth and
depth of traffic data obtained from a proprietary network of digital
roadside sensors, agency data shared by government partners, probe
data, and state-of-the-art event and accident information gathered
through Traffic.com's local operations centers based across the
country. Through its proprietary Traffic Information Management System
(TIMS), Traffic.com collects, aggregates, and normalizes data from
numerous diverse sources and distributes traffic information across
multiple platforms, including hundreds of broadcast clients and
millions of consumers via the Web. TIMS, a sophisticated,
highly-scalable processing engine which houses the nation's largest
database of real-time, historical and predictive traffic data, has
many patent-pending technologies and powers the advanced algorithms
that supply the only truly real-time, accurate traffic information
available in the market today.
"It is an absolute honor to have been selected as one of
Deloitte's Technology Fast 50 winners," said Robert N. Verratti, chief
executive officer, Traffic.com. "This recognition is really a
testament to our dedicated employees who everyday ensure that our
superior technology is leading the industry and allowing us to provide
our business partners and consumers with the most accurate and
reliable real-time traffic information available."
"To rank on Deloitte's Technology Fast 50, companies must have
phenomenal revenue growth over five years," said Michael J. Purcell,
Greater Philadelphia Marketplace Technology, Media, and
Telecommunications Leader, Deloitte & Touche, LLP. "Traffic.com has
proven to be one of the fast-growth success stories in Greater
Philadelphia, and we applaud their dedication to making their vision a
reality."
Winners of the 16 regional Technology Fast 50 programs in the
United States and Canada are automatically entered in Deloitte's
Technology Fast 500 program, which ranks North America's top 500
fastest growing technology, media, telecommunications and life
sciences companies. For more information on Deloitte's Technology Fast
50 or Technology Fast 500 programs, visit www.fast500.com.
About Traffic.com, Inc.
Through the industry's most comprehensive data collection
infrastructure, Traffic.com offers consumers real-time custom traffic
reports in 50 metropolitan areas. These reports are personalized to
meet the needs of every driver and are complete with predictive
traffic trends, vehicle speeds, congestion levels, travel times, and
delay times delivered via Web, wireless device, radio, television, and
in-vehicle navigation systems. Traffic.com's ability to distribute
traffic information via specialized data feeds and across multiple
platforms creates unique and powerful branding opportunities for
advertisers, enabling them to expand their reach and target consumers
with useful, relevant content multiple times per day. Traffic.com's
business partners include AOL, Comcast, Garmin International Inc.,
Microsoft, NAVTEQ, The Weather Channel(R), and XM Satellite Radio.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a
Swiss Verein, its member firms and their respective subsidiaries and
affiliates. As a Swiss Verein (association), neither Deloitte Touche
Tohmatsu nor any of its member firms has any liability for each
other's acts or omissions. Each of the member firms is a separate and
independent legal entity operating under the names "Deloitte,"
"Deloitte & Touche," "Deloitte Touche Tohmatsu" or other related
names. Services are provided by the member firms or their subsidiaries
or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte& Touche USA LLP is the U.S. member firm of Deloitte
Touche Tohmatsu. In the U.S., services are provided by the
subsidiaries of Deloitte & Touch USA LLP (Deloitte & Touch LLP,
Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP,
Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche
USA LLP.
Forward-Looking Statement
This press release includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Because these statements apply to future events, they are subject to
risks and uncertainties that could cause actual results to differ
materially, including Traffic.com's history of operating losses, risks
associated with its recently expanded business model, the substantial
competition it faces, its ability to maintain advertiser relationships
and attract additional advertisers, its dependency on government
contracts, possible failure of its traffic information management
system, and failure to protect its intellectual property or to defend
against intellectual property claims of others. These and other risks
are described in greater detail in Traffic.com's filings with the
Securities and Exchange Commission. Traffic.com may not actually
achieve the goals or plans described in its forward-looking
statements, and investors should not place undue reliance on these
statements. Traffic.com disclaims any intent or obligation to update
any forward-looking statements as a result of developments occurring
after the date of this press release.
trfc-g
The Traffic.com logo and Traffic.com are registered trademarks.
All other product or service names or marks are the property of their
respective owners. (C) 2006 Traffic.com, Inc.