[transport-communications] Deal Announced to Provide Traffic Info via Wireless
- PageNet and SmartRoute Systems Enter Pact To Provide Traffic Reports to
DALLAS--(BUSINESS WIRE)--Nov. 3, 1998--PageNet (Nasdaq:PAGE), the
leading wireless messaging and information provider, and SmartRoute
Systems, the leading high-tech traffic information company, announced
today that they have entered an agreement to provide real-time,
personalized traffic reports to PageNet subscribers. PageNet expects to
offer services with SmartRoute initially in eight U.S. markets and
expanding to additional markets throughout 1999.
"Through market research and our own discussions with customers, we
have identified a strong interest in timely traffic information,
delivered wirelessly to our subscribers wherever they are," said John P.
Frazee, Jr., chairman, president and chief executive officer of PageNet.
"Commuters want current information about delays and other relevant
traffic data, customized to the daily routes they take or other
specifications. Commercial vehicle operators, frequent business
travelers and others also desire traffic information personalized to
"SmartRoute Systems is the clear leader in the delivery of
customized data to travelers," Mr. Frazee added, "and our partnership
will enable us to deliver this valuable information to a full range of
one-way and two-way devices."
"PageNet is the wireless messaging industry leader and is committed
to providing the broadest, most diverse range of information services to
its customers," said Steve Crosby, chairman and chief executive officer
of SmartRoute. "This partnership will enable SmartRoute to do what it
does best -- collect, process and deliver a wide range of electronic
traveler information -- through PageNet's state-of-the-art wireless
network and backed by PageNet's nationwide sales and marketing
SmartRoute Systems, headquartered in Cambridge, Mass., was founded
in 1988 to provide traveler information services to the home, office and
vehicle. The company currently provides a range of voice, video and data
information services under the brand name "SmarTraveler" in Boston,
Philadelphia, Washington, D.C., and Cincinnati. SmartRoute Systems is
launching its traveler information services in Detroit and Minneapolis
later this month, and will be operational in 30 U.S. cities in the next
two years. Company information is available on the Internet at
PageNet provides wireless messaging and information services to
more than 10 million subscribers in the United States, Canada and Spain.
The company provides a full range of paging and advanced messaging
services, including Internet messaging, assured- delivery messaging and
two-way interactive messaging. In addition to these services, the
company has announced its intention to create and deliver a wide array
of branded, customized, value-added wireless information services.
Detailed information and coverage maps for PageNet service are available
on the Internet at www.pagenet.com.
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