Qualcomm Incorporated (Nasdaq: QCOM), a leader in providing business-to-business wireless solutions, and Wynne Systems, Inc., a leader in providing equipment rental software, today announced the availability of an enhanced, integrated equipment management solution for industrial and construction equipment rental companies that use Qualcomm's GlobalTRACS equipment management solution and Wynne's RentalMan application suite. The enhanced software further integrates telematics data from the GlobalTRACS solution platform with RentalMan's improved business information capabilities to provide rental companies with a new level of revenue and equipment management.
"There has been a great deal of demand from our customers for a fully-integrated GlobalTRACS/ RentalMan solution," said Larry Cleary, senior director and general manager of construction equipment for Qualcomm Wireless Business Solutions. "Whether at the rental desk, service department or corporate office, users will be able to use the integrated data to make more informed business decisions that will have a positive impact on business results, customer service and retention."
The enhanced software improves the realized value of both the GlobalTRACS platform and the RentalMan application suite for rental companies. A new feature of RentalMan, exclusive to the GlobalTRACS-integrated version, is a single, more user-friendly critical-information screen that highlights the information and equipment that rental counter and maintenance department staff of rental companies need to make informed business decisions, help capture additional revenue, help control maintenance costs, improve the timeliness of preventative maintenance, manage liens and supervise equipment security. In addition, the enhanced software dramatically reduces the need for manual data entry and allows rental companies to receive a consistent, near-real-time view of their business and assets at every level of their organization.
"The enhanced software will give our customers an added level of control over their day-to-day rental operations, maintenance, credit and security functions," said John Bureau, president of Wynne Systems. "Qualcomm and Wynne have demonstrated their mutual commitment to providing an easy-to-use, highly reliable and value-added, integrated solution for the equipment rental industry."
Further integration of GlobalTRACS data into the RentalMan application means that users can more easily access and use information about equipment hours, operational history, location, maintenance and administrative data provided by GlobalTRACS. In addition, equipment rental companies can use the data in new and enhanced reporting options in the RentalMan application. Other new or enhanced functionalities of the application include the capacity to help rental companies capture off-rent revenue, provide more accurate and timely overtime billings and help validate rain day, holiday and downtime credits.
Wynne Systems, Inc., a wholly owned subsidiary of United Rentals, Inc. (NYSE: URI), is the leading developer of software specifically for the construction equipment industry. Its flagship product, RentalMan, provides the most complete and customizable market application suite designed to yield maximum business efficiency at any scale. Utilizing the IBM iSeries 400 architecture, RentalMan is offered as a complete enterprise resource planning package that can accommodate multiple users and locations worldwide, via the stand-alone or application service provider model. It is comprised of a series of flexible applications developed by professionals with years of market-specific expertise. Today, RentalMan is used by four out of the five leading equipment rental companies worldwide. It is the most complete and reliable solution suite available that can adapt and grow with your business as the industry demands. Wynne Systems, Inc. is headquartered in Irvine, Calif. For more information, please visit www.wynnesystems.com.
Qualcomm is the industry's global leader in providing high-value wireless data solutions, with more than 650,000 Qualcomm mobile systems shipped to businesses in 39 countries on four continents. Processing more than 9 million data transactions daily, Qualcomm's Network Operations Centers are staffed by trained professionals 24 hours a day, 365 days a year.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2005 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the extent and speed to which GlobalTRACS products are deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 25, 2005, and most recent Form 10-Q.