Transcor Data Services, LLC to Acquire Lock Media Services, Inc.

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Transcor Data Services, LLC and Lock Media Services, Inc. Combine Expertise to Deliver the Best Platforms for Ground Transportation

Transcor

Transcor Data Services

Transcor Data Services LLC, a subsidiary of Transcor, Inc. today announced it has signed a definitive agreement to acquire the assets of Lock Media Services, Inc., a leading provider of web based tools for ticketing and GPS services. The agreement combines the strengths of Transcor Data Services and Lock Media by leveraging the collective network, expertise and resources to deliver an unparalleled platform for ground transportation service providers that includes the best of point of sale applications, web-based ticketing, capacity management tools, mobile apps, GPS integrated services, bus side scanning tools, fraud detection/elimination tools, accounting and reconciliation services, and real time data services all served through a rock solid network.

Amos Lock, founder of Lock Media, and other key personnel will be joining Transcor to continue the development and support of current Lock Media products. “We are pleased to combine our strengths to meet the demands of the marketplace – giving us a dynamic foundation for delivering best in class tools for ground transportation” said Lock.

The acquisition supports Transcor’s and Lock Media’s shared mission to provide a complete platform with enhanced functionality and utility to ground transportation providers. The combination will help accelerate growth and improve carrier efficiency and performance.

“We look forward to integrating the Lock Media applications, including GPS, into the Transcor platform as we expand in both the US and abroad. We are very excited about the possibilities,” said Terry Cordell, Managing Member of Transcor Data Services.

About Transcor Data Services, LLC
Transcor Data Services, LLC, a subsidiary of Transcor, Inc. has revolutionized ground transportation by providing the first complete cloud based solution that covers point of sale through back end accounting. Bus carriers processed more than 4 million bus tickets in 2015 using the Transcor platform.

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Terry Cordell, Esq.
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