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AmeriQuest Transportation Services Signs Value-Added Reseller Agreement with SkyBitz


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STERLING, VA--August 16, 2011: AmeriQuest Transportation Services, a leading provider of comprehensive fleet management services, today announced that they have signed a Value Added Reseller (VAR) partner agreement with SkyBitz®, the leader in remote asset management solutions. The agreement gives AmeriQuest the ability to provide its members with the transportation industry's most powerful and complete set of asset management solutions from SkyBitz.

“After evaluating the needs of our members, we are excited to offer these solutions from SkyBitz to help our members be competitive by optimizing their existing resources while cutting costs.”

As a result of this strategic alliance, AmeriQuest will be able to offer unique solutions to its members for locating, monitoring, and managing assets for improved utilization, efficiencies and a lower total cost of ownership. The agreement has already been leveraged to close a major sale with a full service truck leasing company.

"SkyBitz has established a reputation for addressing the difficult challenge of reliable unpowered remote asset visibility, optimization and management, with a broad set of solutions and solid customer support," said David Nitzsche, VP Supply Management, AmeriQuest. "After evaluating the needs of our members, we are excited to offer these solutions from SkyBitz to help our members be competitive by optimizing their existing resources while cutting costs."

"AmeriQuest is a leader in the industry and a high quality partner, the type we seek to align ourselves with in the marketing and distribution of our asset management products and service solutions. It is a well-established provider with an existing base of transportation members we want to serve," said Henry Popplewell, Senior Vice President, SkyBitz. "With our U.S. distributor network in place, we are focused on signing additional premier partners like AmeriQuest to help deliver SkyBitz asset management solutions into the top vertical markets for global supply chain management. We are excited about the first major sale and look forward to continuing to work with AmeriQuest to further increase our share of the transportation market."

SkyBitz specializes in real"time decision-making tools for companies with unpowered assets, such as the trailers managed by the trucking fleets that AmeriQuest serves. Their best-in-class tools are able to calculate asset position in mere seconds, dramatically reducing power consumption and the cost and inconvenience associated with frequent battery replacement. As a result, fleets get position reports faster and with less power consumption and longer battery life.

SkyBitz's Web-based application, SkyBitz InSight, provides managers complete visibility of all their tagged assets and allows them to run customizable management and operational reports for each trailer in their fleet. All of this allows them to improve customer satisfaction through reduction of delays and improving on time delivery. Also it allows them to increase operating efficiencies by increasing revenue loads per trailer, reducing turn cycle times and ensuring optimal operating conditions and yard management.

About AmeriQuest Transportation Services

AmeriQuest, headquartered in Cherry Hill, NJ, is a leading provider of comprehensive fleet management services. By leveraging the strength of more than 700,000 vehicles, AmeriQuest delivers savings, expertise, and opportunities to its private fleet and truckload carrier members. AmeriQuest provides supply management services, asset management services, material handling services, financing, technology products, and outsourced transportation management services such as full service leasing, integrated logistics, and contract maintenance.

About SkyBitz

SkyBitz is a leader in global remote asset management solutions, providing real-time information on the location and status of assets. More than 700 enterprises rely on SkyBitz technology to achieve total asset visibility, improved security, lower operating and capital expenses, and enhanced customer service. SkyBitz delivers its solution via SkyBitz Insight, a secure web-based application that is fully customizable and requires no software downloads. SkyBitz is a privately held company backed by Garvin Hill Capital Partners LLC, Highstar Capital, Inverness Graham Investments, Motorola Solutions and ITV, a fund of Cordova Ventures. .