OnAsset and TransCore Deliver Industry`s First Easy-to-Use, Pay-per-Day Security Solution for Intermodal Transportation

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Tue Apr 6, 2010 8:11am EDT

Companies` $7 Turnkey Wireless Monitoring Solution Leverages T-Mobile Global
Network for Real-time Monitoring and Notification
IRVING, Texas--(Business Wire)--
OnAsset Intelligence Inc., a leading provider of machine-to-machine (M2M)
wireless asset tracking, sensing, and control solutions, and TransCore, a
worldwide transportation services company, today introduced a turnkey M2M
service application that enables customers to pay for cargo security per day of
active use while the cargo is in transit, making it easy for customers to track
and monitor high-value cargo on a per shipment basis. For as little as $7 per
day, customers can pack and ship a container with OnAsset`s ContainerSafe
device, utilize TransCore`s complete forward and reverse logistics program, and
monitor the device from point of origin to destination in real time over
T-Mobile`s global network -- all without paying a huge upfront capital
expenditure to make it happen. 

"Historically, the customers` challenge has been the business framework required
to seamlessly adopt wireless monitoring and security technologies into their
everyday workflow," says Adam Crossno, President and CEO of OnAsset. "With this
new easy-to-use turnkey solution, we are significantly impacting the visibility,
security, and control our customers have within their supply chain. In addition
to real-time monitoring, notification and logistics support, the ContainerSafe
solution is unlocked via OnAsset`s software-as-a-service (SaaS) platform to
provide information access and back-office integration connectivity to ERP
systems like SAP or Oracle. For the first time, customers have access to an
all-in-one service model that complements how intermodal carriers are already
doing business - by shipment." 

"This business model demonstrates that the M2M industry continues to not only
provide innovative enabling technologies, but also unique business models that
create a service infrastructure for high-value asset tracking," says John Horn,
national director of M2M for T-Mobile USA. 

Designed for self-service monitoring of most shipping containers, OnAsset`s
ContainerSafe products can be equipped with multiple sensors to track location,
monitor the status of the container and goods inside, and to deter, detect, and
delay theft. Installed or removed in less than one minute, the devices are so
easy to use and install that no tools are required. Breach detection sensors are
utilized to ensure that once the container is loaded, no attempts to reopen the
container during transit can occur without notification. Unlike the one-time-use
container seal locks often used today, ContainerSafe devices are reusable and
designed to be an integral component of any intermodal carrier`s cargo security
strategy. 

"Deploying highly intelligent reusable security devices is the critical step in
achieving real-time shipping condition notifications - from theft to
environmental condition updates," says Adam Crossno. "With our complete
logistics service, customers deploying the ContainerSafe device avoid spending
time and energy on determining the best way to return devices back to the
shipping origin after reaching their destination. TransCore takes care of that
for them." 

Availability

This service is available today. Please contact OnAsset to arrange solution
pilot programs for the ContainerSafe service. For more information, visit
www.onasset.com or email containersafe@onasset.com

About OnAsset

OnAsset Intelligence Inc. is a leading provider of wireless devices and software
solutions focused on helping customers wirelessly locate, track, connect, and
manage fixed and mobile assets in real-time. The company`s M2M products and
services include SENTRY wireless hardware with its flagship product line
FlightSafe for air cargo tracking and ContainerSafe for shipping container
security, its web-based OnAsset Platform, and global wireless connectivity
services. The company is headquartered in Irving, Texas. For additional
information, please visit http://www.onasset.com/

About TransCore

TransCore is a transportation services company with more than 1,800 employees
and 80 locations throughout the world. With installations in 46 countries, more
than 100 patents and pioneering applications of internet-based logistic
applications, RFID, GPS and satellite communications technologies, TransCore's
technical expertise is unparalleled in the markets it serves. For more
information, visit www.transcore.com. 

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OnAsset Intelligence Inc.
Nikki Cuban, 972-659-1619 x 138
ncuban@onasset.com

Copyright Business Wire 2010

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