Speed Trac Releases SMART Dock for LTL Carriers

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SMART Dock™ is a state-of-the-art, paperless dock management system that has grown into an ERP system for the less-than-truckload (LTL) industry. The synergistic relationship between SMART Dock™ and the Speed Trac weighing system (SMART Weigh™) creates substantial revenue for Speed Trac customers as well as providing an incredible management tool.

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Speed Trac Technologies, a Charlotte, NC technology company announced today that their SMART Dock™ systems module is ready to take to market. SMART Dock™ is a state-of-the-art, paperless dock management system that has grown into an ERP system for the less-than-truckload (LTL) industry. The synergistic relationship between SMART Dock™ and the Speed Trac weighing system (SMART Weigh™) creates substantial revenue for Speed Trac customers as well as providing an incredible management tool.

One Fortune 100 executive called SMART Dock™ "the holy grail of transportation and logistics" further explaining that many companies had bits and pieces but Speed Trac was the "only company with the wherewithal to tackle the whole process".

Recent reports have suggested a slow first quarter for the LTL business and a bleak outlook for the rest of 2007. A decline in residential home building and cuts in automobile manufacturing have been cited as contributors to weak demand. With rising costs in fuel, healthcare, and wages, trucking firms are under increased pressure to exploit developing technologies to remain viable.

Speed Trac's development of SMART Dock™ could not have come at a better time. The revenues generated and efficiencies created by Speed Trac offer a refreshing remedy for ailing profits and dismal growth.

Speed Trac has been on a development binge with customized technology innovations that are revolutionizing operations and bottom-line profitability of their LTL clientele. They are now launching SMART Dock™ and have no less than six additional technologies in the latter stages of development.

In other news, Speed Trac Technologies is pleased to announce the appointment of Chris Williams to their Board of Directors. Mr. Williams is co-founder of Harris, Williams & Co., a national investment banking firm that has become one of the largest and most respected investment banks in the country for transportation and logistics mergers and acquisitions.

If you would like more information about SpeedTrac Technologies or to schedule an interview with Joe Bochicchio, please call their client services department at 1-704-847-8000.

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Joe Bochicchio

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