Fluensee Acquires Transportation Execution
Software Provider Mobitrac
Acquisition Expands Fluensee's Supply
Chain Offerings and Accelerates Leadership in RFID-Enabled Asset
ENGLEWOOD, Colo. - September 18, 2006
- RFID-enabled asset management provider, Fluensee, Inc.,
today announced it has acquired privately held Mobitrac, the market-leading
provider of next-generation Transportation Execution Systems (TES).
The acquisition combines the existing Fluensee
team with a group of professionals that have used radio frequency
identification (RFID) and global positioning system (GPS) technology
to redefine the state of transportation execution systems. The addition
of Mobitrac’s transportation execution software to Fluensee’s
suite of RFID-enabled asset tracking and supply chain management
solutions will result in immediate added value for its existing
and new customers.
“The Mobitrac acquisition accelerates our
vision to provide a complete and integrated suite of RFID-enabled
supply chain solutions,” said Tim Harvie, president and chief
executive officer of Fluensee, Inc. “Our commitment to the
continued expansion of products and high-quality service is allowing
Fluensee to become our customers’ trusted advisor in the adoption
of RFID for asset and inventory management."
The financial terms of the transaction were not
Fluensee will integrate Mobitrac’s transportation
execution system into its supply chain suite. Mobitrac’s transportation
solution includes Order Management, Optimization and Planning, Dynamic
Routing and Dispatch, Adaptive Execution and Business Intelligence
modules that further enhance plan optimization and provide fleets
with the ability to profitably adapt to real-world changes during
the execution phase of operations.
Fluensee's suite of RFID-enabled solutions includes:
Fluensee AssetTrack™, a comprehensive solution for tracking
and managing physical assets and inventory; Fluensee Yard™
and Dock™ which are specifically designed to effectively manage
transportation and distribution environments; and Fluensee DataCenter™
which was developed to better track assets in data centers and IT
facilities. The company’s end-to-end asset management software
is highly configurable, flexible and is easily integrated with best-of-breed
RFID, GPS and sensor technologies.
Fluensee's RFID-enabled asset tracking and management solutions improve the visibility, accuracy, security and utilization of a company's mobile and fixed assets. Its end-to-end solutions combine highly configurable and patented software and implementation services with hardware from leading RFID, barcode, GPS and sensor technology providers. Fluensee offers its browser-based, enterprise-class AssetTrack™ solution that tracks IT assets, pallets, tools, equipment and all types of other high-value assets, along with its Yard™ application that is designed to efficiently manage assets in transportation and distribution environments. All of Fluensee's solutions are platform- and hardware-agnostic. Fluensee is a privately held, venture-backed company headquartered in Englewood, Colorado. For more information, visit www.fluensee.com.
Mobitrac is the first provider of next-generation transportation
execution software, making it possible to manage fleet profitability
in real-time. Mobitrac’s family of modular services is used
by less-than-truckload (LTL), private fleet, pickup & deliver
(P&D), specialty and service fleet organizations.
For Fluensee Inc.: