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2002 Press Releases and Media

U.S. Bank Voyager Fleet Systems and Vericom Technologies Partner to Deliver GPS-based Fleet Management Solutions
Voyager Now Offering "Voyager Path Manager" - - Powered by Vericom

ROCKLIN, Calif. and HOUSTON (April 3, 2002) - Vericom Technologies and U.S. Bank Voyager Fleet Systems, have formed a strategic alliance enabling U.S. Bank Voyager to begin offering an advanced Global Positioning Satellite (GPS)-based fleet management service to new and existing customers.

The product, called "Voyager Path Manager", is a new GPS-based fleet management solution powered by Vericom Technologies, which enables companies to cost-effectively collect and analyze detailed fleet data involving driver and company fleet performance and productivity. By utilizing Voyager Path Manager's customized web-based reports, companies can quickly recognize ways to reduce costs by maximizing operating efficiencies and reducing risks.

"Working directly with Vericom Technologies enables U.S. Bank Voyager to offer companies with large fleets a scaleable fleet management solution that can be customized to fit specific customer needs," said Robert Meyer, Vice President of U.S. Bank Voyager Customer Implementation. "Voyager Path Manager is another example of our commitment to helping companies find new ways to improve overall fleet efficiencies."

In addition to offering Voyager Path Manager, U.S. Bank Voyager currently provides the Voyager Fleet Card, a "universal" fleet fueling and maintenance card to customers, such as the United States Postal Service, SCI Management and Kinetic Concepts Inc. The Voyager card, accepted at over 165,000 retail locations across the nation, provides comprehensive data reporting and card tracking features that allow fleet executives to measure fuel costs and manage their program exceptions.

"Aligning with U.S. Bank Voyager provides Vericom immediate access to some of the world's largest fleets," said Ernest Bayless, President and CEO of Vericom Technologies. "We are looking forward to working closely with them to help companies maximize fleet efficiencies, increase productivity, improve customer service and reduce risks."

Voyager Path Manager gives companies the ability to:
  • Monitor vehicle and fleet activity, such as location, frequency and vehicle speeds, to reduce fuel and maintenance costs, as well as accident/incident costs;
  • Record vehicle location throughout the day, providing easy analysis of specific routes, duration of stops, time between stops, and out-of-route movements;
  • Reduce unnecessary labor expenditures by optimizing routes and increasing driver productivity;
  • Verify and improve customer service, providing an automatic recording of delivery time at specific customer locations, and
  • Ensure driver and vehicle safety through tracking of vehicle location and use as desired.

Voyager Path Manager is currently available to existing customers and new companies by contacting U.S. Bank Voyager directly at 1-800-987-6590 or visiting Voyager's website at www.voyagerfleet.com.

In addition, Voyager Path Manager will also be demonstrated from U.S. Bank Voyager's booth (#518) at the National Association of Fleet Administrators (NAFA), 2002 Fleet Management Institute (FMI) Conference, April 28-May 1st in Toronto, Canada.

About Vericom:
Vericom Technologies is a leading provider of fleet management data products and services. Utilizing Global Positioning Satellite (GPS) and wireless LAN based technologies, Vericom's Data Management System and DataSort? Reporting Software enable companies with large fleets to cost-effectively manage fleet operations, maximize fleet efficiencies and reduce risks. Vericom delivers fleet management solutions through its nationwide direct sales force and through its strategic partners, Marsh & McLennan, the world's leading risk and insurance services firm, and U.S. Bank Voyager Fleet Systems. Additional information on Vericom is located at www.vericomtechnologies.com.

About Voyager:
U.S. Bank Voyager Fleet Systems Inc., is a leading provider of the universal fleet fueling and maintenance card for over 1.3 million vehicles. Specifically designed to serve the needs of any size fleet, Voyager issues a Universal Fleet Card that is accepted at over 165,000 retail locations in all 50 states and provides comprehensive fleet management information services to commercial businesses and government agencies.

Voyager is a wholly owned subsidiary of Minneapolis-based U.S. Bancorp. U.S. Bancorp (NYSE: USB), with $321 billion in assets, is the parent company of U.S. Bank, the 5th largest commercial bank in the United States. The company operates 3,086 banking offices and 5,086 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.

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