Wednesday April 19, 6:01 am Eastern Time
Company Press Release
SOURCE: U.S. Wireless Corporation
U.S. Wireless Signs Strategic Alliance With PBS&J to Market Location Enhanced Transportation Services
Motorists to Benefit From Real-Time Traffic and Traveler Management Services
SAN RAMON, Calif., April 19 /PRNewswire/ -- U.S. Wireless Corporation (Nasdaq: USWC; Frankfurt: USP), a leading supplier of wireless location information, today announced it has signed an agreement to partner with PBS&J, a nationally recognized transportation and engineering consultancy, to jointly market transportation management and traveler information services to the multi-billion dollar intelligent transportation market.
The alliance will use the U.S. Wireless location information network to work with state and federal agencies to develop transportation management, traveler information and fleet management systems. U.S. Wireless has already received two contracts to supply location-enhanced traveler and transportation information in Maryland and Virginia.
``We are very pleased to be working with PBS&J,'' said Uday Nagendran, Director of Intelligent Transportation Systems at U.S. Wireless. ``State and federal governments have increasingly turned to 'intelligent transportation' projects in their efforts to improve traffic flow, alleviate vehicle congestion and improve their ability to locate and identify vehicles on highways. PBS&J is very experienced and accomplished in this rapidly growing sector of the transportation industry. Combining U.S. Wireless' mobile information platform with PBS&J's expertise and contacts in the transportation industry will further speed the deployment of real-time location-enhanced traffic information systems and significantly improve motorists' driving experiences.''
``The 'Data Gap' -- the lack of quality data about actual transportation system conditions -- is the most vexing issue facing transportation managers,'' said Rick Schuman, Manager of Traveler Information Systems for PBS&J. ``We estimate that transportation data is currently being collected on less than 20% of expressways in the United States. Almost no data is being collected on major arterials for uses other than signal control. U.S. Wireless' Location Pattern Matching technology offers a promising solution to fill this data gap. We believe that by combining our knowledge and experience in ITS contracting and applications development with U.S. Wireless' innovative location network, we will be able to capture a significant portion of both the publicly and privately funded contracts for traveler information, transportation management, vehicle navigation and fleet management systems.''
Through business partnerships, U.S. Wireless is working with developers of Intelligent Transportation Systems and other transportation-related services to design leading edge localized traffic and traveler services, using the U.S. Wireless location network.
PBS&J, founded in 1960, is a multidisciplined firm, offering engineering, scientific, planning, and architectural services to public and private clients. With 60 offices worldwide and 2,200 employees, PBS&J is consistently ranked among the top U.S. engineering design firms by Engineering News-Record. Currently, PBS&J is ranked 12th in the nation for pure design. PBS&J's ITS Division has established itself as a leader in developing and implementing innovative ITS solutions for its clients. Recent projects include Phase II AzTech(TM) Advanced Traveler Information System, Houston METRO ITS General Engineering Consultant, and I-4 Corridor-wide ITS Architecture. For more information about PBS&J, please visit the Web site at www.pbsj.com.
U.S. Wireless Corporation
U.S. Wireless is powering the next generation of instant wireless information services. Through a national network of wireless location systems, the company will enable wireless carriers and others to offer a rich blend of location-enhanced services including life-saving 911 caller pinpointing, localized news and traffic updates, enhanced directory assistance, vehicle and asset tracking, and carrier network management services.
U.S. Wireless plans to build and operate a nationwide service bureau of wireless location networks in 100 markets across the United States, beginning with the Washington, D.C./Baltimore metro area. For more information about U.S. Wireless and its RadioCamera(TM) network, please visit the Web site at www.uswcorp.com.
NOTE: RadioCamera(TM) and the U.S. Wireless logo are trademarks of U.S. Wireless Corporation.
Special Note Regarding Forward-Looking Statements: A number of statements contained in this press release which are not historical in nature are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements, including, among others, the size and scope of the geolocation services market, the timing of governmental requirements and the success of the company in this market. A description of these and other risks and uncertainties can be found in the company's filings with the Securities and Exchange Commission.
SOURCE: U.S. Wireless Corporation