Madison,
WI, Feb. 28, 2007 - Dynaflow™,
real-time estimates of road speeds
for major roadways, has been shown
to provide accurate and reliable
travel time projections for both
sensored and non-sensored
roadways.
TrafficCast International,
Inc. the leader in real-time
traffic data aggregation and
analysis, made the announcement
following rigorous third-party
validations of its beta release
for various markets.
Announced
in January, Dynaflow employs
patented technology to dynamically
model traffic flow in real-time,
integrating detailed historical
data for virtually all Class I,
II, and III roads with a range of
real-time data inputs from public
and private sources.
The resulting flow data
enables ¡°red-yellow-green¡±
advisories as well as detailed
link-by-link speed estimates for
virtually all major roads in the
US.
Such functionality, which
has been historically limited to
where roadside sensors are
deployed, is critical to the
emerging national market for
interactive navigation services.
As
an example, San Francisco was
chosen as one of the markets for
independent third-party validation
and evaluation because of its
diverse commuting base, natural
congestion bottlenecks where
traffic conditions can change
dynamically and the availability
of baseline flow data from the
installed Caltrans sensors.
Collaborating
with researchers at leading
institutions, including the
University of California-Berkeley
and the University of
Wisconsin-Madison, TrafficCast
International demonstrated that
overall Dynaflow speed estimate
accuracy is over 80%-85% at
confidence level of 80%.
For Class I roadways such
as the Bay Area interstates and
Highway 101 between San Jose and
San Francisco, accuracy is even
higher, and highest of all on
roads with installed sensors where
historical data is especially
deep.
¡°The
scientific approach for Dynaflow
verification and validation in
these studies are sound and
solid,¡± said Dr. Jeff Ban, a
researcher of UC-Berkeley.
¡°Dynaflow shows the capacity to
provide travelers with reliable
travel time and speed information
on mobile devices.¡±
On
a regular basis, TrafficCast
International will continue to
validate its Dynaflow models as
Dynaflow is introduced into the
market in a nationwide rollout by
Q2, 2007.
¡°We
see Dynaflow as ¡®mission
critical¡¯ to our core
markets,¡± said Connie Li,
President/CEO of TrafficCast
International.
¡°Our expertise in traffic
data analysis, traffic modeling
and more than 10 years of
historical traffic data archives
uniquely position us to offer a
seamless data feed of real-time
and predictive road speeds across
navigation map data links.¡±
About
TrafficCast International, Inc.
TrafficCast International is the
leading provider of digital
traffic data, with patented
software and predictive models to
produce route-specific real-time
traffic information and travel
time forecasts for traditional and
emerging traffic information
markets. Privately-held,
TrafficCast International is a
subsidiary of TrafficCast Inc, and
is backed by angel and venture
capital investors. The company is
based in Madison, Wisconsin and
has a branch office in Shanghai.
For more information, see
www.trafficcast.com.
###
ã2007 TrafficCast International, Inc. All rights reserved.
Contacts:
TrafficCast International
Nick Kiernan
n.kiernan@trafficcast.com
608-268-3927
¡¡
This
press release may
include
"forward-looking
statements"
within the meaning of
the safe harbor
provisions of the
United States Private
Securities Litigation
Reform Act of 1995.
Forward-looking
statements in this
press release include
expectations about
product development
and services
provision. Actual
results may differ
materially from those
contained in the
forward-looking
statements in this
press release.
TrafficCast
International
undertakes no
obligation and do not
intend to update such
forward-looking
statements to reflect
events or
circumstances
occurring after this
press release. Undue
reliance should not be
placed on these
forward-looking
statements, which
speak only as of the
date of this press
release. All
forward-looking
statements are
qualified in their
entirety by this
cautionary statement.
TrafficCast
International and the
TrafficCast logo are
registered trademarks,
and Dynaflow is a
trademark of
TrafficCast
International, Inc.
All other product or
service names or marks
are the property of
their respective
owners.
