TMW SYSTEMS ROLLS ON IN Q3
Adds 34 New Customers for TMWSuite® and TruckMate™
Chicago. IL — TMW Systems, Inc., the largest provider of enterprise management software designed specifically for the trucking industry, reported third quarter results that once again exceed company goals, according to David Wangler, TMW Systems president and chief executive officer. Third quarter GAAP revenues for the combined TMW and Maddocks entities were $11.3 M USD, a 27% increase compared to the same quarter last year. The company continued to outperform its competitors, adding 34 new TMWSuite and TruckMate customers during the quarter. Wangler announced these results to a group of almost 900 at TMW’s Annual User Group Meeting in Chicago.
“While our financial reports are interesting, our most significant accomplishment this quarter was the ability to sell and service our customers while we completed the acquisition and executed on our integration strategy,” said Wangler. “Our staff didn’t skip a beat, in fact we implemented 37 new TMWSuite and Maddocks TruckMate customers and finished the last month of the quarter with record new license bookings,” he added.
TMW’s commitment to product innovation and providing value to its customers continued in the third quarter with the launch of several new products for TMWSuite and TL2000® as well as four new products for Maddocks TruckMate that were unveiled to 450 customers at the TruckMate user conference last month.
Two of the many new TMW Systems customers for this quarter are Salson Trucking and J& B Services.
• Salson Trucking, a 250 truck general freight hauler based in Newark, New Jersey, selected TMWSuite after undergoing an extensive search evaluating several software vendors. Salson’s current system was no longer able to keep up with its rapid growth. “We require a system that is easy to use and can adapt to our business processes. TMWSuite not only satisfies those needs, but its in-depth reporting capabilities and its ability to integrate with our other software partners made TMWSuite the clear choice for us,” said Anthony Bennito, president of Salson.
• J & B Services of Tupelo, Mississippi is a general freight carrier specializing in the delivery of textiles and furniture. J & B chose Maddocks TruckMate for its complete integrated solution including dispatch, accounting and maintenance. “TruckMate is a perfect fit for our company,” said Todd Bates, J&B president. "Not only does it have the exact functionality that supports our growing business, it provides us with the flexibility of interfacing with the leading technology partners in the industry,” he added.
About TMW
Founded in 1983, TMW Systems, Inc. is the largest provider in North America of enterprise management software solutions designed specifically for the trucking industry. Leveraging the organization’s hands-on expertise in trucking and information technology and commitment to R&D, TMW offers trucking companies of all sizes, operating in every segment, access to the industry’s broadest set of business solutions. TMW’s products – including TMWSuite® for Windows® Maddocks TruckMateTM for Windows® and TL2000® for the IBM iSeries platform -- enable carriers to easily integrate vital real-time data from every facet of their operations into a single system to maximize operational efficiency, deliver superior customer service and ensure long-term profitability. With offices in Cleveland OH, Vancouver, British Columbia, and Indianapolis, IN, TMW currently serves nearly 1,000 customers managing over 175,000 trucks world wide - including North America, Europe, China and Latin America. For more information, visit www.tmwsystems.com or call 800.401.6682.
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Press Release Date
10/23/06