Aether takes over Highway Master service

April 1, 2002
Tripling the size of its truck fleet customer base, Aether Systems will assume responsibility for the Highway Master Series 5000 wireless data communications system under a new agreement with @Track Communications Inc. The agreement also gives Aether ownership of @Track's Trackware trailer tracking system, 20/20V asset tracking system and Platinum Service fleet management system in return for $3 million

Tripling the size of its truck fleet customer base, Aether Systems will assume responsibility for the Highway Master Series 5000 wireless data communications system under a new agreement with @Track Communications Inc. The agreement also gives Aether ownership of @Track's Trackware trailer tracking system, 20/20V asset tracking system and Platinum Service fleet management system in return for $3 million in cash and $12 million in Aether stock.

Under the agreement, Aether did not buy the rights to the Highway Master communications hardware or communications network. Instead it will support current users and pay @Track for traffic over its cellular-based network. Aether is expected to eventually introduce a new generation of its MobileMax system that it will offer to current Highway Master 5000 users.

Having shed its original Highway Master business, @Track is expected to focus on wireless data systems for service and metro-area fleets with the Minorplanet Vehicle Management Information system.

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