Madison,
WI, March 1, 2007 -
TrafficCast International, Inc. the leader in
real-time traffic data
analysis and LandSonar, the
leading supplier of full
coverage highway speed trends,
announce the product launch of
LPS Plus,
an enhancement to LandSonar Predictive Speed (LPS™).
LPS
Plus offers a unique historical
traffic speed data set for LBS
and GIS applications, an
integration of the two largest
historical traffic flow
databases in the traffic
industry.
TrafficCast has archived
public sensor data for the last
ten years while LandSonar has
developed speed trends from GPS
probe data over the last five
years.
In combination, LPS Plus offers increasingly accurate data for
efficient route planning and
improved trip time estimation.
LPS
Plus projects historical speeds
to the link ID and traffic code
level for digital maps of major
roads throughout the United
States, 450,000 miles of
roadway coverage defined in 15
minute increments.
This
enhancement to LPS, the
industry-leading historical road
speed aggregation product, also
addresses anomalies and data
gaps that result from the source
GPS probes. TrafficCast fills
these gaps with proprietary
technology integrating its own
archive of historic traffic
data, collected from a variety
of public and private sources.
The result normalizes
historical speed data output for
precise resolutions of digital
mapping and routing
applications.
Since
2001, LandSonar has collected
billions of open and proprietary
historic GPS observations to
develop highly accurate
historical traffic speed
information for the continental
US. TrafficCast aggregates
real-time information from over
350 US data sources, and
provides nationally normalized
data feeds and sophisticated
traffic impact modeling tools
for 180 markets. TrafficCast
International technology was
recently deployed in the
world¡¯s largest cell probe
system in Shanghai. The
companies¡¯ offerings
interoperate with the commercial
mapping data of both NAVTEQ and
Tele Atlas.
This
integration of data sets is a
further extension of previously
announced agreements between
LandSonar and TrafficCast to
develop advanced traffic flow
products for customers in
traditional and interactive
media, fleet management, and the
public sector.
¡°This
enhancement to our core LPS
product will further enable our
clients and partners to achieve
precision in their LBS and
navigation applications,¡± said
Jonathan Hubbard, CEO and
co-founder at LandSonar.
¡°TrafficCast
International is pleased to add
our core traffic engineering
experience and archived traffic
flow data to enrich the already
strong LPS product. Our relationship with LandSonar is paying increasing
dividends, and this is just one
example,¡± said Connie Li, CEO
of TrafficCast International.
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.
About
LandSonar Inc. LandSonar
is the leading supplier of
highly-accurate, full coverage
historical traffic speeds used
to increase routing accuracy for
fleet, logistics and navigations
systems. In use for
end-customers, leading routing
solution and LBS developers, its
products give meaningful
¡°Speed Ahead!™.¡±
The company¡¯s unique data
approach, patented science, and
sophisticated understanding of
historic traffic enable it to
deliver data for bringing
certainty to solutions vastly
improving efficiency, shortening
travel times and increasing
satisfaction. Funded by select
individuals and founders,
LandSonar is based in San
Francisco, California. For
demonstrations of partners¡¯
products powered by LandSonar
and more information, visit
www.landsonar.com
or email
sales@landsonar.com.
###
ã2007 TrafficCast International, Inc. All rights reserved.
Contacts:
TrafficCast International
Nick Kiernan
n.kiernan@trafficcast.com
608-268-3927
Landsonar,
Inc.
Mark
Sole
msole@landsonar.com
415-483-1474
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 and LandSonar
undertake 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
TrafficSuite is a trademark of
TrafficCast International, Inc.
All other product or service names
or marks are the property of their
respective owners.