"Trimble possesses the market expertise and customer relationships that make them an attractive distribution partner for us," commented Skip Speaks, Rosum CEO. "Our alliance with Trimble enables us to focus on our core business of developing location technology while delivering a high level of service and support to customers in the South Korean market, one of the most advanced wireless markets in the world."
"South Korea has one of the highest levels of wireless penetration in the world, and customers are consistently seeking handsets with differentiated feature sets," added Dennis Workman, vice president of Trimble's Advance Devices business. "In addition, the South Korean market has shown a rapid uptake of TV-capable mobile appliances. Rosum's innovative TV-positioning technology is a compelling addition to our product and service portfolio in South Korea."
About Rosum Corporation
Rosum is the first and only company to use unmodified broadcast TV signals for position location of mobile assets. Rosum is also the first to combine TV and GPS signals for truly robust situational awareness in all environments. Rosum's leadership is composed of industry leaders from the GPS, cellular and television worlds, and the company is venture-backed by leading investors including Charles River Ventures and Allegis Capital. Partners include Intrado Inc., Trimble, and In-Q-Tel. Rosum's founding team includes the original architects of the GPS constellation. More information is available at www.rosum.com.
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location-including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,400 employees in over 18 countries.
For more information Trimble's Web site at www.trimble.com.
Certain statements made in this press release are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, and actual events and results may differ materially from those described in this press release. Factors that could cause or contribute to Trimble's ability to achieve market acceptance of Rosum's TV-based positioning technology in South Korea include but are not limited to, the performance of and customer satisfaction with Rosum's technology; competitive pricing and market acceptance of the technology; and economic trends and competitive pressure. More information about potential factors which could affect Trimble's business and financial results is set forth in reports filed with the SEC, including Trimble's quarterly reports on Form 10-Q and its annual report on Form 10-K. All forward looking statements are based on information available to Trimble as of the date hereof, and Trimble assumes no obligation to update such statements.
Web site: http://www.trimble.com//