AirIQ to merge with eDispatch (August 08, 2001)

TORONTO, Ont. — AirIQ Inc., which specializes in mobile asset management solutions, has joined forces with eDispatch.com, which specializes in mobile workforce management solutions.

Pickering, Ontario-based AirIQ developed and markets its location information service for the efficient management of mobile assets, including the location and tracking of commercial transport fleets and rental vehicles.

Vancouver, B.C.-based eDispatch developed and markets a dispatch product for the efficient management of mobile workers. Together, the companies will offer a broader range of complementary solutions and linked services with the goal of becoming a global player in mobile resource management.

“By combining eDispatch and AirIQ, we are creating a dynamic technology and marketing leader in mobile resource management, and building a platform for accelerated revenue growth,” says Donald Simmonds, president and chief executive officer of AirIQ. “Not only are mobile workers and vehicle fleets the largest and most important investments for enterprises with a mobile workforce, but they also are the most challenging to manage.”

The new enterprise will leverage complementary business models to increase shareholder value, participants say. Combining the technical, customer support and administrative resources of both companies will result in immediate operational synergies. In addition, sales and marketing costs will be spread over a higher revenue base.

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