Terion Tracks America's Solar Challenge; Terion and Knight Transportation Sponsor the America's Solar Challenge
24 October 2000
Terion Tracks America's Solar Challenge; Terion and Knight Transportation Sponsor the America's Solar Challenge
MELBOURNE, Fla.--Oct. 24, 2000--Terion, Inc. is providing real-time vehicle tracking of all of the Solar Challenge entries. Each vehicle will be equipped with Terion's FleetView(tm) cellular based location and asset management system as used in the transportation industry for trailer tracking and monitoring. Real-time tracking data will be available through Terion's unique web software, on a Solar Challenge branded page accessible from the Solar Challenge Internet site http://www.formulasun.org/. Knight Transportation and Terion are sharing the underwriting for providing vehicle tracking.With its compact antenna configuration, light weight, and extremely low power consumption the FleetView is particularly well suited to the unique requirements of solar powered cars. The embedded mobile unit software is configurable and can be completely updated or changed over-the-air. The system's "back office" software is web-based with an XML interface for legacy system integration. The web software provides for customized system analysis, reporting, and configuration, and features multi-company branding capability to serve multiple vertical markets via a common Windows NT-based platform. Terion will host the software on an application service provider basis as part of the sponsorship.
The University of Arizona Solar Racing Team car will be on display in the Terion booth at the 2000 ATA Management Conference & Exhibition in San Diego October 28-November 1.
About America's Solar Challenge
2300 miles of solar "raycing" challenges teams from around the world. In July 2001 high tech and high efficiency solar cars will cross the Great Plains, climb the Rocky Mountains, and dash over the Great American Desert to the finish line in Southern California. The ASC encourages innovation and interest in science and engineering, creates enthusiasm for educational excellence and the technologies that emerge from that excellence, and demonstrates the power of solar energy and energy efficiency.
About Terion, Incorporated
Headquartered in Melbourne, Florida, Terion, Inc. is an industry leading business-to-business wireless application service provider using two-way wireless communications. The Company currently operates in the United States and Canada. Service will commence in Mexico in 2001. The Company's patents and other intellectual properties include digital high-frequency technologies originally developed under contract by Harris Corporation as a nationwide backup communication system. Terion has adapted this technology for commercial applications, providing a low-cost communication alternative with full geographic coverage. The Company also has applications and intellectual property in cellular and PCS technologies. Terion is initially focusing its product development and business strategy toward meeting the needs of transportation customers in the NAFTA trade region, followed by additional markets both domestically and internationally.
Terion's investors and strategic partners include Penske Capital Partners, Delphi Automotive Systems, Detroit Diesel Corporation, KteCom, LLC, a company affiliated with Knight Transportation, HVFM-II, LP in which Harris Corporation is the major investor, Madison Venture Corporation of Vancouver, Canada, SCP Private Equity Partners II LP, a private equity firm sponsored by Safeguard Scientifics, Inc., ING Barings LLC, Northwestern Corporation, Crossbow Ventures, ACI Capital America Fund, and Wabash National Corporation. The Company's goal is to combine the best People, Products and Partners to offer its customers world-class wireless information solutions.