Terion Launches Its Next Generation Trailer Management Product -- FleetView 3

PLANO, Texas--June 29, 2004--Terion, a leading provider of trailer fleet management systems with approximately 80,000 devices installed, today announced the launch of its next generation trailer-tracking system, FleetView(R) 3. FleetView 3 combines the latest digital wireless and GPS technologies with Terion's robust web-based application and reporting system.

The Smarter Trailer Fleet Management Solution

-- FleetView 3 utilizes the CDMA digital wireless network, intelligently switching from 1XRTT, SMS, and circuit switched digital service with AMPS cellular capability. The result is the most powerful ubiquitous digital coverage available.

-- Digital technology combined with Terion's proprietary power management intelligence results in superior battery performance, further extending the performance of FleetView 3 when untethered from the tractor.

-- FleetView 3 supports over-the-air system upgrades and enhancements, eliminating the expense of taking trailers off the road and manually updating the unit.

-- The system was developed to perform in the harshest environments, exceeding the stringent SAE-1455 standards.

"FleetView 3 offers numerous enhancements and improvements gained from the experience of our current customers," said President and CEO, Ken Cranston. "The launch of FleetView 3 will allow Terion to continue to provide our customers with the best technology, deliver the most value, and position Terion for continued market leadership."

About FleetView 3

FleetView 3 provides a comprehensive trailer fleet management system that allows transportation companies to maximize efficiencies associated with trailer fleet operations by combining a high-bandwidth wireless path with intelligent messaging and sensor capabilities. Typical benefits associated with FleetView include an increase in trailer utilization and a reduced trailer-to-tractor ratio. Information is provided to the operator over the Internet through Terion's patented hardware and software design. The design integrates GPS and digital CDMA cellular technology for comprehensive coverage throughout the United States and Canada.

FleetView communicates real-time trailer location and event status when the trailer is tethered or untethered, including an accurate determination of loaded or unloaded status with FleetView's Cargo Sensor. The system uniquely supports over-the-air software downloads for device settings and software upgrades.

About Terion, Inc.

Terion, Inc. (www.terion.com) is a leading two-way wireless data communication and information solution provider for mobile and remote business-to-business applications focusing on the transportation industry. Terion provides value-added products and services, robust application content software accessed through the Internet, and reliable, high-quality hardware designed specifically for our target markets.