Triangle Software acquires LandSonar™ traffic business
Triangle Software (d.b.a Beat the Traffic® and BeatTheTraffic.com) a leading provider of traffic reporting solutions for media markets, announces the acquisition of the LandSonar™ traffic data business. Founded in 2002, LandSonar™ was the first provider of GPS-probe-based historical/predictive traffic data in the United States.
“Since our initial funding through a National Science Foundation Grant for vehicle traffic forecasting, Beat the Traffic® has been focused on providing the best traffic data available for our television, cable, radio and Internet customers,” says Andre Gueziec, CEO of Triangle Software LLC. “LandSonar’s state-of-the-art historic and predictive traffic data products provide a natural complement to the robust real-time flow and incident data we receive from our partners and generate from a variety of public and private data sources. Our traffic reporting customers will see benefits from enhanced forecasting and advanced quality management features enabled through the acquisition. Existing LandSonar™ traffic customers will benefit from an expanded R&D and support infrastructure, new investment and product enhancements, as we continue to grow and improve these historic data solutions.”
“LandSonar has led the U.S. adoption of historic traffic data for improving routing, travel time prediction and planning applications”, notes Jonathan Hubbard, CEO of SpeedGauge, Inc. and co-founder of LandSonar™ Traffic. “We are pleased with this natural progression of our traffic business and with the technical, business and cultural fit with Triangle Software. Triangle is a well-established, award-winning innovator in traffic solutions with excellent intellectual property in the creation and use of predictive and historical traffic information. We are delighted with Triangle’s commitment to support the continued evolution of the historic traffic products.”
Triangle Software currently holds several patents for traffic information production, use and integration. LandSonar™ traffic’s intellectual property, including pending patents, will extend Triangle ability to deliver innovative traffic solutions to the market.
June 16, 2008, Campbell, CA -
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About Triangle Software LLC
Based in Campbell, CA, Triangle Software LLC d.b.a. Beat the Traffic offers an award-winning solution for vehicle traffic reporting, featuring three-dimensional animated maps, an advanced web and mobile solution, consistent on-air and on-line components, lower-third
tickers and a one-of-a-kind traffic forecasting system. For more information, please visit www.trianglesoftware.com, or www.beatthetraffic.com. The Beat the Traffic technology is protected by U.S. Patents Nos. 6,989,765, 7,161,497 and 7,221,287 and 7,375,649 and additional patents pending.
About LandSonar
Since 2002, LandSonar has been building and offering useful applications and services built upon the deep analysis of GPS data streams. These innovative applications and services are designed to improve enterprise efficiency and decision making and are developed in a way that neatly integrates with current IT solutions and management processes.
Effective immediately, LandSonar, Inc. will be changing its name to SpeedGauge, Inc. and will be focusing on commercial vehicle safety applications including its flagship SpeedGauge service.
For more information, please visit www.landsonar.com
Hi-res picture available here
Triangle Software, LLC
Media Contact:
Andre Gueziec
Yann Lhomme
(408) 879-5805
media@beatthetraffic.com
LandSonar, Inc (to become SpeedGauge, Inc.)
Media Contact, US:
Mark Sole
(415) 483-1470
press@speedgauge.net
June 16th, 2008
