Message #12 From:
Stock News Bot Date: November 17, 2005 06:12:00 AM
REDI News Remote Dynamics Announces the Signing of Its 30th Member to the REDIpartner(TM) Program; Diverse Channels Portfolio Adds Significant Sales Coverage Across North America
RICHARDSON, Texas--(BUSINESS WIRE)--Nov. 17, 2005--Remote Dynamics, Inc. (Nasdaq:REDI), a leading provider of mobile resource management solutions for commercial fleets, today announced the signing of its 30th member to the REDIpartner(TM) Program.
The REDIpartner(TM) Program is designed to align the REDIview solution with resellers, system integrators and complementary solution providers to bring industry-leading solutions and services to market. In addition to leveraging the existing regional sales touch points of these partners through these strategic relationships, Remote Dynamics and its partners offer workflow efficiencies to large business enterprises by leveraging state-of-the-art technologies that integrate in-field workforces with back-end office and management operations. Since its inception in early 2005, the REDIpartner Program has grown to contribute over 50 percent of REDIview's monthly sales volumes.
"Our ability to recruit and retain established partners representing complimentary applications across various geographies is a testament to our corporate strategy," said Scott Broudy, vice president of channels and partners at Remote Dynamics. "With a portfolio that allows us to integrate location based services into mobile supply chain applications, Remote Dynamics and our REDIpartners alike are well positioned to address mobile enterprise challenges."
For an overview of the REDIpartner(TM) Program, please access our website at www.remotedynamics.com or contact Remote Dynamics at 1-888-288-6060.
About Remote Dynamics
Remote Dynamics, Inc. (Nasdaq:REDI) develops and markets its flagship product, REDIview(TM) a patented state-of-the-art, mobile resource management solution that helps contribute to higher customer revenues, enhanced operator efficiency and improved cost control. Combining GPS and wireless telematics with supply chain management, the company's web-based solutions improve mobile worker productivity through real-time position and route reporting, as well as exception-based reporting that analyzes mobile workforce inefficiencies for operational optimization. More information about Remote Dynamics is available online at http://www.remotedynamics.com.
Legal notice to investors: Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as the company "expects," "believes," "anticipates" or words of similar import. Similarly, statements that describe the company's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements generally involve known and unknown risks, uncertainties and other facts, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: ability to successfully implement new customers; ability to regain and maintain compliance with NASDAQ SmallCap $1.00 minimum bid price requirement; acceptance of new product offerings; ability to successfully implement a channel partner strategy; ability to co-market and/or integrate REDIview products and services with REDIpartner participants; products and services; ability to successfully integrate mobile resource management products with customer's existing logistics management systems; ability to achieve sales projections; ability to achieve and maintain margins during periods of rapid expansion; availability of capital to fund expansion and change in business model to recurring revenue model; ability to attract and retain qualified sales personnel; market conditions; general economic and business conditions; business abilities and judgment of management and personnel; changes in business strategy and competition. For a listing of risks applicable to the future prospects of the company, please refer to the reports filed with the SEC, such as recent 10-K and 10-Q Reports.
"Remote Dynamics," is a federally registered service mark of Remote Dynamics, Inc. "REDIview," "REDIpartner" and their associated logotypes are trademarks and service marks of Remote Dynamics, Inc. (C) Remote Dynamics, Inc. All rights reserved.
