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Intergis, Vericom and NovaTracker Merge to Become a Single Source for Mobile Resource Management and Logistics Technology Solutions
Intergis L.L.C., Vericom Technologies and
NovaTracker L.L.C., three leaders in mobile resource management (MRM) and
the logistics technology sector, today announced a merger of resources,
technologies, services, and experience, with backing from Columbus Nova
L.L.P., a $2.5 billion asset management firm in New York.
Intergis, established in 1997, offers mid-sized firms and large enterprises
multi-user software systems that automate routing, scheduling, dispatching,
vehicle optimization and many other mobile workforce needs. Vericom
Technologies, a ten-year-old firm, provides an integrated set of
GPS-enabled, vehicle and handheld tracking solutions as well as reporting
capabilities to small and mid-sized businesses. NovaTracker, founded in
2003, develops and markets GPS, wireless tracking and communication
devices.
The combined organization will become the first true company in the mobile
resource management and logistics technology sector that offers a fully
integrated solution for transportation delivery and distribution fleets, as
well as field service and mobile workers. The combined technologies will
enable customers to garner operational efficiencies by reducing fuel,
overtime and labor costs.
"We are thrilled to emerge as a leader in the MRM sector as the first true
end-to-end provider of customizable solutions, especially for those
companies seeking greater operating efficiencies in an environment of
increasing fuel prices and a slowing economy," explains Jeff Cohen, CEO and
Co-Chairman of the combined companies. "With the significant assets behind
this transaction, we can now leverage our superior software and hardware
capabilities, solidifying our position with companies seeking an immediate
return on their MRM technology investment."
"Under the financial umbrella of Columbus Nova, the combined companies are
now well positioned to succeed in the market for providing hosted MRM
services including scheduling and route optimization to both SMB and
enterprise customers," says MRM industry consultant Mark Licht, president
of Licht & Associates.
According to an MRM industry study by C.J. Driscoll & Associates, the
number of GPS/wireless devices used to monitor fleet vehicles, trailers,
construction equipment and mobile workers will expand to over 5.8 million
units and annual hardware and service revenues will grow to over $2 billion
by 2010.
According to Intergis President and Co-Chairman Steven Brown, "We have a
considerable opportunity here to save customers millions of dollars in
overtime, labor, and fuel costs, as well as boost job completion rates.
With our expanded resources, we will have the depth and breadth of
solutions to satisfy small, medium and
large-sized enterprises and increase their customer satisfaction."
The merger is effective immediately and the new company will be named
Intergis, operating under the Vericom and Intergis brands. Intergis will
be headquartered in Cranford, New Jersey and will maintain offices
nationwide.
Terms were not disclosed.
About Intergis
Intergis offers an advanced enterprise routing, scheduling, and dispatching
software platform that provides Fortune 1000 companies and other mid-sized
businesses with flexible, best-in-class enterprise solutions for automated
routing, scheduling, and vehicle optimization as well as logistics
management. Panera Bread, ARAMARK and Geeks on Call are among its
customers. For more information, visit www.intergis.com.
About Vericom Technologies
Vericom Technologies is an MRM provider with strengths in the small to
mid-sized business segment (SMB). For more than a decade, the Company has
been providing proven MRM solutions that enable fleet owners to efficiently
manage their vehicle fleets, mobile workforce and remote assets while
reducing operational costs, increasing workforce productivity and providing
an immediate return on investment. For more information, visit
www.vericomtech.com.
About NovaTracker
Since 2003, NovaTracker L.L.C. has been a provider of highly intelligent
and customizable tracking and communication products used in industries and
applications ranging from security to field services to dispatch and
delivery. The brand will become part of the Intergis Company and provide
hardware to the expanded customer base as well as third-party value added
resellers (VARS). In addition, the Company will continue to offer
GuardTrax, NovaTracker's web-based handheld tracking device that uses
GPS/wireless technologies to track security personnel, VIPs and other
persons of interest. For more information, visit www.novatracker.com.
Copyright © 2009, MarketWire
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Copyright © 2009, NewsBlaze,
Daily News
Tags: ,Computers and Software:Internet, ComputersandSoftware:Networking, ComputersandSoftware:Peripherals, ComputersandSoftware:Software, Telecom:Networking, Telecom:TelecommunicationEquipment, Telecom:TelecommunicationServices, Telecom:Wireless, ,NJ,CRANFORD, NJ
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