FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
March 19, 2002 (March 19, 2002)
Trimble Navigation Limited
(Exact name of registrant as specified in its charter)
California
(State or other jurisdiction of incorporation)
0-18645
(Commission File Number)
94-2802192
(IRS Employer I.D. No.)
645 N. Mary Ave. Sunnyvale, CA
(Address of principal executive offices)
94088
(Zip Code)
Registrant's telephone number, including area code: (408) 481-8000
Item 5. Other Events and Regulation FD Disclosure.
The following statements were released by Trimble Navigation Limited on March
19, 2002. The furnishing of these materials is not intended to constitute a
representation that such furnishing is required by Regulation FD or that the
materials include material investor information that is not otherwise publicly
available. In addition, the Registrant does not assume any obligation to update
such information in the future.
Trimble and McNeilus Form Alliance to Factory-Install Fleet Management
Solutions on Ready Mix Concrete Trucks
LAS VEGAS, March 19, 2002 - Trimble (NASDAQ:TRMB) and McNeilus Companies Inc., a
subsidiary of Oshkosh Truck Corporation (NASDAQ: OTRKB), announced today they
have formed a strategic alliance to offer Trimble's fleet management solution as
a factory-installed and aftermarket option on McNeilus' ready mix concrete
mixers. McNeilus, the leading manufacturer of concrete mixers, will become the
industry's first to offer customers a complete Internet-based location service
to dramatically improve fleet utilization. Financial terms were not disclosed.
As part of the alliance, Trimble's recently introduced Telvisant Mobile Resource
Management System will be marketed, distributed and sold through McNeilus' sales
channel. Customers will access fleet information from a co-branded
McNeilus/Trimble Web site. In addition, McNeilus and Trimble will work together
to develop future technology that will continue to improve fleet management for
the concrete industry.
"McNeilus has always focused its engineering resources on improving our
customers' productivity, because we know that's what important to their
business," said Dan Lanzdorf, president of McNeilus. "Working with Trimble puts
us at the forefront of the industry by offering our customers location-based
services. The technology is installed right at the factory, so our customers
have a single-source for the complete package. The new fleet management tool can
help them use their equipment more efficiently; and that means improved
profitability."
"With more than 100,000 units in the field worldwide, Trimble has a long history
of providing innovative fleet management solutions to vertical markets," said
Steven W. Berglund, Trimble's president and CEO. "The combined strength of
Trimble's positioning technologies and McNeilus' leadership in the ready mix
concrete industry puts the alliance on the leading edge of location-based
services for the construction market."
McNeilus will offer Trimble's Telvisant Mobile Resource Management System on its
line of concrete mixers. Telvisant is a complete solution that includes
hardware, wireless connectivity, software and service. The platform allows fleet
managers to use location-based services to improve productivity. In addition,
the Telvisant platform is compatible with most dispatch and enterprise software
products used by concrete producers.
To be efficient, ready mix concrete dispatchers must constantly check incoming
customer orders against concrete production and delivery capacities.
Historically, truck drivers have used radio, cell phones, or text messaging to
send information to dispatchers. The problem: drivers must provide status
updates manually, and do it consistently. Often the dispatcher receives
incomplete or inaccurate information from the field.
Trimble's Telvisant Mobile Resource Management System solves this problem by
using Global Positioning System (GPS) technology and other sensors to automate
the delivery cycle. Dispatcher's no longer need to depend on drivers for timely
status information. Instead, they will receive automated information via the
Internet which includes truck status when loading at the plant, leaving the
plant, arriving at the job, starting the concrete pour, ending the concrete
pour, washing the trucks, leaving the job, and arriving at the plant to complete
the delivery cycle. Trimble's Telvisant system automates the entire process.
McNeilus and Trimble are jointly exhibiting at ConExpo-ConAgg 2002, the largest
trade show in the Western Hemisphere for the construction, aggregates and ready
mixed concrete industries, in Las Vegas from March 19-23. The companies will be
showcasing the new fleet management solution at the McNeilus booth. For more
information, visit http://www.conexpconagg.com.
About McNeilus Companies, Inc.
McNeilus Companies Inc., a subsidiary of Oshkosh Truck Corporation, is a leading
manufacturer of concrete mixers, concrete batch plants and refuse truck bodies.
Headquartered in Dodge Center, Minn., the company has the largest direct sales
and service network for concrete mixers in North America.
Oshkosh Truck Corporation [NASDAQ: OTRKB] is a leading manufacturer of specialty
trucks and truck bodies for the fire and emergency, defense, concrete placement
and refuse hauling markets. Products are marketed under the Oshkosh, Pierce,
McNeilus, Geesink, Norba and Medtec brand names. The company is headquartered in
Oshkosh, Wis., and had annual sales of $1.45 billion in fiscal 2001.
For more information, visit www.mcneiluscompanies.com and www.oshkoshtruck.com.
About Trimble's Mobile Solutions Division
Trimble's Mobile Solutions Division offers complete solutions for location-based
services (LBS) and mobile resource management (MRM). These solutions include
location-aware mobile devices, software, Internet location-based services and
wireless operator relationships. The division focuses on advanced wireless
applications for fleet and workforce management, telematics, theft recovery and
public safety.
About Trimble
Trimble is a leading innovator of Global Positioning System (GPS) technology. In
addition to providing advanced GPS components, Trimble augments GPS with other
positioning technologies as well as wireless communications and software to
create complete customer solutions. Trimble's worldwide presence and unique
capabilities position the Company for growth in emerging applications including
surveying, automobile navigation, machine guidance, asset tracking, wireless
platforms, and telecommunications infrastructure. Founded in 1978 and
headquartered in Sunnyvale, Calif., Trimble has more than 2,000 employees in
more than 20 countries worldwide.
For more information, visit Trimble's Web site at http://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. Actual results may
differ from those set forth in this press release due to certain risks and
uncertainties, including the ability to achieve market acceptance of product
offerings from the strategic alliance. Among other things, economic trends and
additional competitive issues may have an adverse effect on the results and
growth of the strategic alliance. Among other things, economic trends and
additional competitive issues may have an adverse effect on the results and
growth of the proposed joint venture. These and other risks are detailed from
time to time in reports filed with the SEC, including Trimble and Oshkosh Truck
Corporation's respective quarterly reports on Form 10-Q and its annual report on
Form 10-K.
Trimble and Systech to Integrate Fleet Management Solution and Dispatch
Software for Ready Mix Concrete Market
LAS VEGAS, March 19, 2002 - Trimble (NASDAQ:TRMB) and Systech Inc., a leading
provider of enterprise software for the concrete and aggregate market, announced
today that they have signed an agreement to integrate Trimble's Internet-based
fleet management solution with Systech's ready mix dispatch software. By
seamlessly integrating these products, concrete producers will have access to
the most advanced automated truck tracking and dispatch solution offered in the
ready mix concrete industry for improved fleet operations.
The announcement was made at CONEXPO-CON/AGG 2002, the largest trade show in the
Western Hemisphere for the construction, aggregates and ready mixed concrete
industries.
As part of the alliance, Trimble and Systech will collaborate to create a
two-way interface that seamlessly connects Trimble's Telvisant Mobile Resource
Management System with Systech's Advantage Dispatch 8.0 software. The companies
will also jointly market and distribute the integrated solution to the
construction materials market.
"For the ready mix industry, this is a `golden spike' event," explained John
Rabchuk, president and CEO of Systech. "With GPS and Internet-based truck
tracking technology seamlessly integrated with Windows-based ticketing and
dispatch software, concrete producers now have a powerful new tool for driving
significant new productivity into their fleet operations."
"Trimble provides the complete value-chain in mobile resource management
including in-vehicle hardware, applications, services, support and industry
standard integration interfaces," said Michael Lesyna, vice president and
general manager of Trimble's Mobile Solutions Division. By aligning with
Systech, a leading supplier of dispatch software for the concrete and aggregate
market, we are providing concrete producers with the most complete and advanced
fleet management solution to improve operations."
Telvisant Mobile Resource Management System is a complete solution that includes
hardware, wireless connectivity, software and service. The platform allows fleet
managers to use location-based services to improve productivity. The Telvisant
platform is compatible with many dispatch and enterprise software products.
Systech's Advantage Dispatch 8.0 streamlines and accelerates the dispatching
process for ready mix and aggregate truck fleets. The fully Windows(R) compliant
software application enables operators to enter comprehensive orders in four or
five clicks of the mouse. Screen, window, toolbar and column layouts can all be
customized to fit each customer's operation. New innovations include
dual-monitor support, pre-assignment of orders, and a dynamic time-of-day graph
that helps dispatchers manage peak demand periods more efficiently.
To be efficient, ready mix concrete dispatchers must constantly check incoming
customer orders against concrete production and delivery capacities.
Historically, truck drivers have used radio, cell phones, or text messaging to
send information to dispatchers. The problem: drivers must provide status
updates manually, and do it consistently. Often the dispatcher receives
incomplete or inaccurate information from the field.
Trimble's Telvisant Mobile Resource Management System solves this problem by
using Global Positioning System (GPS) technology and other sensors to automate
the delivery cycle. Dispatcher's no longer need to depend on drivers for timely
status information. Instead, they will receive automated information via the
Internet which includes truck status when loading at the plant, leaving the
plant, arriving at the job, starting the concrete pour, ending the concrete
pour, washing the trucks, leaving the job, and arriving at the plant to complete
the delivery cycle. Trimble's Telvisant system automates the entire process.
With the product integration, location information from Trimble's Telvisant
system automatically drives Systech's software status information for the
dispatchers, without driver intervention. To streamline the dispatcher's
workflow, a job ticket is created by Systech's software and the information is
used to automatically define the job site. The ticket is then sent to the driver
on an in-vehicle display to proceed to the job site. As a result, the Systech
dispatch software becomes fully automated for communicating with and managing
the fleet.
About Systech
Systech, Inc. is revolutionizing the management of ready mix concrete and
aggregate operations by developing fully integrated Windows(R)-based software
systems that increase productivity, drive up profitability, and provide sales
and technical support services cornerstoned by a partnership philosophy that
puts the customer's needs first.
The Advantage Series(TM) includes modules for numerous functions, including:
order entry, dispatch, scheduling, ticketing, bi-directional interfaces to
leading computerized batch panels, interfaces to leading accounting systems,
pricing, billing, accounts receivable, sales quotation, credit management and
mix design. Systech is located in Darien, IL (a western suburb of Chicago, IL).
Systech products are available throughout North and Central America.
For more information about Systech, visit www.systech-inc.com.
About Trimble's Mobile Solutions Division
Trimble's Mobile Solutions Division offers complete solutions for location-based
services (LBS) and mobile resource management (MRM). These solutions include
location-aware mobile devices, software, Internet location-based services and
wireless operator relationships. The division focuses on advanced wireless
applications for fleet and workforce management, telematics, theft recovery and
public safety.
About Trimble
Trimble is a leading innovator of Global Positioning System (GPS) technology. In
addition to providing advanced GPS components, Trimble augments GPS with other
positioning technologies as well as wireless communications and software to
create complete customer solutions. Trimble's worldwide presence and unique
capabilities position the Company for growth in emerging applications including
surveying, automobile navigation, machine guidance, asset tracking, wireless
platforms, and telecommunications infrastructure. Founded in 1978 and
headquartered in Sunnyvale, Calif., Trimble has more than 2,000 employees in
more than 20 countries worldwide.
For more information, visit Trimble's Web site at http://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. Actual results may
differ from those set forth in this press release due to certain risks and
uncertainties, including the ability to achieve market acceptance of product
offerings from the strategic alliance. Among other things, economic trends and
additional competitive issues may have an adverse effect on the results and
growth of the strategic alliance. These and other risks are detailed from time
to time in reports filed with the SEC, including Trimble's respective quarterly
reports on Form 10-Q and its annual report on Form 10-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TRIMBLE NAVIGATION LIMITED
a California corporation
Dated: March 19, 2002 By: /s/ Mary Ellen Genovese
-------------------------------
Mary Ellen Genovese
Chief Financial Officer