Xata Corporation is changing its name to XRS Corporation and introduced an all-mobile platform of the same name for trucking compliance, performance, and fleet optimization.
The new name, which stands for Xata Road Science, is effective immediately. The company expects to be listed on the NASDAQ Capital Market under the new symbol “XRSC” as early as August 14, 2012.
The company’s name change is driven by its new, all-mobile platform, designed to help fleets and drivers capture data for two essential needs: to keep drivers and fleets compliant, and to slash costs. The company’s eight years of success and more than 50,000 mobile subscribers with its first-generation mobile tool, Turnpike, have paved the way for XRS.
XRS will run on more than 50 types of mobile devices to automatically transmit vehicle and operator data directly to a management dashboard. Nearly 90% of drivers already have mobile devices in use, meaning there are no additional hardware costs associated with XRS. The corporation has partnership agreements with leading brands in mobile communications in both the United States and Canada.
The new platform takes only 10 minutes to install with instinctive use and data sharing. Its flexibility to work alongside thousands of other applications available for smartphones and tablets makes it as big or as small as users need it to be—whether for owner-operators or small, medium, or large trucking operations.
With XRS, there are no upfront hardware costs and no capital requirements. The subscription-based monthly service will be in the range of current Turnpike pricing, with varying pricing levels dependent on package and feature functionality. Every XRS package level includes an XRS Relay in-cab device that communicates via Bluetooth with the driver’s smartphone or tablet. The return on investment of XRS is almost immediate, and it pays off in driver productivity, fuel efficiency, fleet utilization, accident prevention, and compliance. At a trooper stop or weigh station, a driver’s smartphone or tablet linked to the truck’s computer through the XRS Relay device serves as mobile proof of compliance with XRS data.
XRS is scheduled for general release in spring 2013. To sign up or for more information, visit www.xrscorp.com.