Madison, WI, July 15, 2008
-
Strengthening its position as a
leader in next-generation
traffic information, TrafficCast
International, Inc. today
announced it has extended its
exclusive partnership with
Yahoo! Inc. to supply real-time
and forecasted road speed
information for Yahoo! mapping
products. The data provided by
TrafficCast¡¯s Dynaflow™
technology is part of a series
of enhancements Yahoo! is making
to its directions and routing
services to optimize the user
experience.
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Through this partnership,
TrafficCast extends its five
year relationship with Yahoo!
and enables Yahoo! Map users to
more accurately calculate travel
times and receive incident
reports. TrafficCast¡¯s
proprietary Dynaflow technology
overlays real-time travel speed
estimates for interstates and
major arterials in the top 100
markets across the United
States.
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Dynaflow is designed to be
easily implemented into a broad
range of traffic information
applications and delivered to
consumers through a variety of
platforms, including mobile
devices, broadcast media systems
and Web applications, such as
Yahoo! Maps. Using patented,
proprietary analytic technology
based on traffic science,
Dynaflow models historic traffic
patterns, real-time incidents,
construction, GPS data, road
sensors and weather to
accurately project the most
comprehensive ¡°red-yellow-green¡±
advisories of road congestion
and travel speed. Until
recently, such calculations were
only practical in the 30 markets
where traditional road sensor
technology is installed. With
Dynaflow, this critical
information is available in
markets with or without sensors
through strategic partnerships
with data providers and
proprietary technology that
accurately fills in data gaps.
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Users of Yahoo! Map services
receive real-time and forecasted
road speed estimates, along with
traffic incident reports, to
assist them in travel planning
and helping them avoid incident
sites and congested areas. With
rising fuel prices and growing
roadway congestion, traffic
information tools for consumers
have become important for
identifying the most efficient
route to a destination. Through
partnerships with a number of
data providers, TrafficCast is
able to analyze factors
impacting traffic flow and
provide this information to
Yahoo! Map users instantly and
accurately.
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¡°The extension of TrafficCast¡¯s
relationship with Yahoo! brings
critical real-time traffic
information to Yahoo! Map users,
and validates the strength and
quality of our data,¡± said
Connie Li, president and CEO of
TrafficCast International.
"Yahoo! is doing exceptionally
innovative things with online
maps, and TrafficCast¡¯s
technology and predictive models
significantly improve the Yahoo!
Map user experience.¡±
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About
Yahoo!
Yahoo! Inc. (NasdaqGS: YHOO) is
a leading global Internet brand
and one of the most trafficked
Internet destinations worldwide.
Yahoo! is focused on powering
its communities of users,
advertisers, publishers, and
developers by creating
indispensable experiences built
on trust. Yahoo! is
headquartered in Sunnyvale,
California. For more
information, visit
http://www.yahoo.com
or the company's blog, Yodel
Anecdotal.
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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, visit
www.trafficcast.com
###
ã2008 TrafficCast International, Inc. All rights reserved.
Contacts:
Edelman for
TrafficCast
International, Inc.
Todd Witkemper
Todd.witkemper@edelman.com
312-233-1369
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