KNOXVILLE, Tenn., Jan. 30 /PRNewswire/ -- Tom Badgett, IdleAire
Technologies Corporation's ("IdleAire") chief information officer (CIO),
secretary and company co-founder, announced his retirement on January 29. He
will continue to be available to assist in the transition on a day-to-day
basis until April 14.
Badgett cited personal reasons for the decision, and not any disagreement
with company management or the board of directors.
As a co-founder and talented public speaker, Badgett has represented
IdleAire in public forums around the country, in addition to his CIO duties.
The prolific technical writer has published over 60 books on computer and
travel subjects through such major publishing companies as IDG, Bantam, John
Wiley & Sons, and Scott-Foresman. He served as Technical Editor at a number
of Ziff-Davis magazines, including PCjr, Computers and Electronics, and PC
Networking and was Managing Editor at IBM Systems and Strategies. He managed
the editing team for the online publishing group at McGraw Hill's DataPro
Corporation and was technical editor for IDG's Digital News. In addition,
Badgett was a former Knoxville television news anchor, a University of
Tennessee graduate (BA 1969 English and Spanish Language, MA 1972 in
Documentary Film), and co-founder of successful Knoxville-based Internet
service provider U.S. Internet, now part of EarthLink.
IdleAire Chairman and CEO Mike Crabtree described Badgett as "one of those
innovative thinkers, communicators and entrepreneurs," who was "crucial in
helping establish the technology foundation and software development necessary
for the company's deployment of a large-scale nationwide network of locations,
as well as an eloquent ambassador for IdleAire with wide-ranging audiences
coast-to-coast. As a longtime friend and business associate, we will miss
Tom, but we also understand that after nearly eight years at IdleAire and six
years at U.S. Internet his family deserves some quality time."
Crabtree said Badgett's responsibilities are being consolidated under
other areas of the company "as part of an overall company re-alignment
inevitable in the evolution of a fast growing, nationwide company, to reduce
costs, streamline operations and meet future growth needs."
About IdleAire
IdleAire Technologies Corporation is the leading provider of comprehensive
in-cab idle-reduction services to the heavy-duty trucking industry.
IdleAire's Advanced Travel Center Electrification(R) (ATE) services include
heating, ventilation and air conditioning, or HVAC, electric power, Internet
access, satellite television, telephone, and remote delivery of computer-based
driver safety and training courses. IdleAire is committed to developing a
nationwide network of locations and building value for its stakeholders.
IdleAire provides its ATE services at travel centers and fleet terminals
throughout the continental United States.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995 with respect to our
expected business outlook, anticipated financial and operating results, our
business strategy and means to implement the strategy, our objectives, the
amount and timing of capital expenditures, the likelihood of our success in
expanding our business, financing plans, budgets, and working capital needs
and sources of liquidity, which involve risks and uncertainties that cannot be
predicted or quantified, and consequently, actual results may differ
materially from those expressed or implied herein. Such risks and
uncertainties include, but are not limited to, demand and utilization of our
ATE systems, the number of parking spaces and locations we expect to install,
competition, the seasonal nature of our business, economic conditions,
regulatory matters, litigation, our negotiation of agreements with third
parties and other risks described from time to time in our filings with the
Securities and Exchange Commission. In addition, construction projects such
as the rollout of our ATE system entail significant risks, including local
building permit approval, shortages of materials or skilled labor, dependence
on third party electrical power and telecommunications providers, unforeseen
regulatory problems, work stoppages, weather interference, and unanticipated
cost increases. There can be no assurance that construction commitments will
be met. All forward-looking statements are based on our current expectations
about future events.
SOURCE IdleAire Technologies Corporation
John Doty, Media Relations, +1-865-437-3659; or James H. Price, Investor
Relations, +1-865-437-3640, both of IdleAire Technologies Corporation
