Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Vericom and U.S. Bank Voyager Fleet Systems Partner to Deliver Fleet Management Solutions

April 3, 2002

Vericom Technologies and U.S. Bank Voyager Fleet Systems have formed a strategic alliance enabling U.S. Bank Voyager to begin offering an advanced Global Positioning Satellite (GPS) based fleet management service to new and existing customers. The product, called “Voyager Path Manager,” is powered by Vericom Technologies, and enables companies to cost-effectively collect and analyze detailed fleet data involving driver and company fleet performance and productivity. By utilizing Voyager Path Manager’s customized Web-based reports, companies can quickly recognize ways to reduce costs by maximizing operating efficiencies and reducing risks, according to Robert Meyer, vice president of U.S. Bank Voyagercustomer Implementation.“Working directly with Vericom Technologies enables U.S. Bank Voyager to offer companies with large fleets a scaleable fleet management solution that can be customized to fit specific customer needs,” Meyer said. “Voyager Path Manager is another example of our commitment to helping companies find new ways to improve overall fleet efficiencies.” In addition to offering Voyager Path Manager, U.S. Bank Voyager currently provides the Voyager Fleet Card, a “universal” fleet fueling and maintenance card to customers such as the United States Postal Service, SCI Management and Kinetic Concepts Inc. The Voyager card, accepted at more than 165,000 retail locations across the nation, provides comprehensive data reporting and card tracking features that allow fleet executives to measure fuel costs and manage their program exceptions.“Aligning with U.S. Bank Voyager provides Vericom immediate access to some of the world’s largest fleets,” said Ernest Bayless, president and CEO of Vericom Technologies. “We are looking forward to working closely with them to help companies maximize fleet efficiencies, increase productivity, improve customer service and reduce risks.”According to Bayless, Voyager Path Manager gives companies the ability to:
  • Monitor vehicle and fleet activity, such as location, frequency and vehicle speeds, to reduce fuel and maintenance costs, as well as accident/incident costs;

  • Record vehicle location throughout the day, providing easy analysis of specific routes, duration of stops, time between stops, and out-of-route movements;

  • Reduce unnecessary labor expenditures by optimizing routes and increasing driver productivity;

  • Verify and improve customer service, providing an automatic recording of delivery time at specific customer locations; and

  • Ensure driver and vehicle safety through tracking of vehicle location and use as desired.Voyager Path Manager is currently available to existing customers and new companies by contacting U.S. Bank Voyager directly at 1-800-987-6590 or visiting Voyager’s website at www.voyagerfleet.com. Voyager Path Manager will also be demonstrated from U.S. Bank Voyager’s booth (#518) at the National Association of Fleet Administrators (NAFA) 2002 Fleet Management Institute (FMI) Conference, April 28-May 1st in Toronto, Canada.About VericomVericom Technologies is a provider of fleet management data products and services.Utilizing Global Positioning Satellite (GPS) and wireless LAN based technologies, Vericom says its Data Management System and DataSort(TM) Reporting Software enable companies with large fleets to cost-effectively manage fleet operations, maximize fleet efficiencies and reduce risks.Vericom delivers fleet management solutions through its nationwide direct sales force and through its strategic partners, Marsh & McLennan, the world’s leading risk and insurance services firm, and U.S. Bank Voyager Fleet Systems.For more information on Vericom visit www.vericomtechnologies.com.About VoyagerU.S. Bank Voyager Fleet Systems Inc., is a provider of fleet fueling and maintenance cards for more than 1.3 million vehicles.Specifically designed to serve the needs of any size fleet, Voyager issues a Universal Fleet Card that is accepted at more than 165,000 retail locations in all 50 states and provides fleet management information services to commercial businesses and government agencies. Voyager is a wholly owned subsidiary of Minneapolis-based U.S. Bancorp. With assets in excess of $171 billion, U.S. Bancorp is the eighth largest financial services holding company in the United States.U.S. Bancorp is home of the Five Star Service Guarantee which assures customers of certain key banking benefits and services or customers will be paid for their inconvenience. Visit U.S. Bancorp on the Web at www.usbank.com.
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