Dear Angel Investors,
We are delighted to announce that LandSonar, Inc. launched its operations today. LandSonar will seek to compile and analyze historical and real-time traffic data from a vast number of data sources, including third-party mobile GPS sensors, and intends to deliver predictive traffic information in the form of a software service or embedded in third-party products for the transportation industry.
These industry solutions will provide predictive decision-support information to commercial fleets, their insurance companies, and their customers, potentially allowing them to:
- Materially reduce annual truck fleet operating costs
- Reduce accident and insurance rates by identifying risky driving behavior
- Solve and optimize real-life transportation planning and scheduling problems
- Seamlessly improve pre-existing fleet-management software and hardware
- Create new revenue opportunities and differentiate our partners’ products
Over time, as the amount of historical traffic data in our database grows, and as we gain more experience manipulating and interpreting this data, we expect eventually to be able to predict, very accurately, traffic conditions on virtually any U.S. highway and virtually any U.S. arterial road. Eventually, we also plan to add third-party real-time data such as weather updates, construction data, etc., with the ultimate goal of building the leading provider of predictive traffic information in the world.
Thank you for your support,
The LandSonar Team
July 22nd, 2002