|Last Price||Today's Change||52-Week Range||Trading Volume|
|30.51||0.00 (0.00%)||25.43 - 52.28||1.1 thousand (Below Avg)|
Market data as of 12:00AM 07/21/14. Quotes are delayed by at least 15 min.
Via its sophisticated algorithms, Routist provides optimized route plans for vehicles making multiple stops during the day, and provides opportunities for companies to achieve significant cost savings by helping to reduce miles driven, fuel consumption, and vehicle maintenance costs. Routist's complex and flexible optimization engine is able to take into consideration locations, vehicles, time windows, technician skills, costs and capacities, among other inputs, while remaining simple and intuitive for customers to use.
"Our solutions already enable our customers to reduce costs significantly; we can now help them achieve even more savings through route optimization," said
"We are excited to have the talented team that worked on the Routist product join
To learn more about
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about the expected financial impact of the Routist transaction on our second quarter results and the strategic benefits we expect from the transaction. These forward-looking statements include, but are not limited to: plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" or words of similar meaning. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation, risks associated with our ability to effectively and efficiently attract, sell to and retain SMB customers; our ability to attract customers on a cost-effective basis, our dependence on various lead generation programs; our ability to retain and increase sales to our existing customers; our ability to successfully complete and integrate acquisitions (including the Routist transaction); expectations regarding the widespread adoption of fleet management solutions; our ability to expand the sales of our products to customers located outside the U.S.; our ability to continue to compete in a highly fragmented market and the risk of future competitors by way of acquisition or otherwise; keeping up with the rapid technological change required to remain competitive in our industry; and the impact of adverse economic conditions on information technology spending by SMB business, collection of our accounts receivable and other risks set forth under the caption "Risk Factors" in the Company's annual report on Form 10-K filed with the
Fleetmatics to Report Second Quarter 2014 Financial Results
07/15/2014 8:30 AM ET