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Telargo and NEC Team to Provide Mobile Asset Management Solutions in Asia

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Telargo and NEC Team to Provide Mobile Asset Management Solutions in Asia

Jersey City, N.J, United States

Telargo, Inc., a leading provider of mobile asset management services, announced the signing today of NEC Hong Kong, Ltd., as a new Telargo Service Provider (TSP) for Hong Kong and Macau. NEC Hong Kong, a 100 percent subsidiary of NEC Corporation, Japan, is the premier business solutions provider for a wide range of industries in the region.

Under this agreement, NEC Hong Kong, Ltd. will be a provider of Telargo(R) Service which allows customers to more efficiently manage their mobile assets -- including vehicles, machinery and trailers. This comprehensive solution incorporates functionalities for vehicle and workforce management and gives customers real-time information and vehicle data which, along with the advanced reporting, enables them to improve the effectiveness of their operation by:

-- Increasing productivity
-- Reducing operational costs
-- Improving service quality

As customers see the need to be more efficient, mobile asset management becomes a priority. Telargo's solutions will help customers manage their fleets more effectively. "NEC Hong Kong has been delivering various kinds of solutions to the customers in this region. Together with such rich experiences, we look forward to sharing Telargo's extensive capabilities with our customers which will help them optimize their operations," said Takahiro Yamaji, Managing Director of NEC Hong Kong, Ltd.

"We see this partnering with NEC as key to offering high-quality service in the region, and we are very pleased to work with such an industry leader," said Takashi Komoro, Vice President of Strategy, Telargo, Inc. "NEC provides Telargo with a strong global presence and complimentary product solutions in our major market segments - public transit, service fleets and logistics. As we formalize the relationship in Hong Kong and Macau, we look forward to extending our partnership to other areas where NEC has a solid foundation."

About Telargo

Telargo Inc. provides an intelligent, flexible, robust service platform for mobile asset management in a wide array of industry sectors, including transportation and logistics, service fleets and public transit. Telargo(R) services and systems provide valuable logistics data that enable users to better understand their fleets and workforces, so they can reduce fleet-related costs and optimize productivity. Telargo, a global supplier with headquarters in the US (New Jersey) and a European division located in Germany, is a joint venture between NTT DoCoMo, the Japan-based world leader in mobile communications, and ULTRA, a European technology company. For more information, please visit www.telargo.com.

About NEC Corporation

NEC Corporation (NASDAQ:NIPNY) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks and by providing advanced semiconductor solutions through NEC Electronics Corporation.

The NEC Group employs more than 140,000 people worldwide and had net sales of 4,855 billion yen (approx. $45.4 billion) in the fiscal year ended March 2005. For additional information, please visit the NEC home page at: http://www.nec.com
Newsroom: http://www.nec.co.jp/press/en/

CONTACT: Telargo, Inc. Daniel Gay 201-633-4780 daniel.gay@telargo.com or NEC Hong Kong Limited Takuo Shioda +852-2369-0335 ext.550 shioda@nechk.nec.com.hk

Source: Business Wire (Business Wire India)


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