TMW Systems Inc. Fact Sheet
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1 TMW Systems Inc. Fact Sheet Description: Developer of enterprise management software for the surface transportation services industry, including logistics, trucking and heavy-duty repair and maintenance Year Founded: 1983 Offices: Cleveland, Ohio (headquarters); Dallas, Texas; Raleigh, North Carolina; Indianapolis, Indiana; Nashville, Tennessee; Oklahoma City, Oklahoma and Vancouver, British Columbia Workforce: Approximately 400 employees Number of Customers: Over 1,800 customers, managing more than 400,000 power units and maintaining more than 1.1 million assets worldwide Principal Officers: David Wangler, President and Chief Executive Officer David Mook, Chief Operating Officer/Chief Technology Officer Jeffrey Ritter, Chief Financial Officer Awards: Inc. (Magazine) 5000 Fastest Growing Private Companies 2008, 2009 Weatherhead 100 (fastest-growing private companies in Northeast Ohio, 14 years) Leading EDGE Award 2008, 2009 North Coast 99 Award (best companies to work for in Greater Cleveland) Best 100 Companies to work for in BC (British Columbia, Canada) Microsoft Great Plains Global Partner Excellence for Dynamics Award Microsoft Retail Application Developer (RAD) Award Microsoft Dynamics President s Club Web Site: Media Contact: Monica Truelsch, [email protected], , ext. 2260
2 History Following on the heels of the Motor Carrier Act of 1980 that deregulated the trucking industry and the introduction of the first PCs around the same time, Tom Weisz founded TMW Systems in seizing the opportunity to combine his passion for trucking and technology. From its inception, TMW has leveraged the hands-on transportation industry expertise of its management team to develop technology solutions that give customers control and visibility for better management of their business. In 2005, TMW was acquired by Wachovia Capital Partners and PepperTree Capital Management. One year later, TMW acquired Maddocks Systems, Inc of Vancouver, BC - Canada's largest provider of trucking software. In May of 2007, TMW acquired TMT Software Company. Based in Durham, NC, TMT is the leading provider of fleet maintenance software. In September of the same year, TMW completed its acquisition of Integrated Decision Support Corporation, an industry-recognized leader in transport optimization technology. In late 2009, TMW acquired Innovative Computing Corporation of Nashville, TN., a highly respected, 40-year-old enterprise software company. Today, TMW is a leading supplier of solutions covering the transportation services sector - delivering technology that enables companies to improve operational efficiencies, improve transactional velocity as well as resource utilization, deliver superior customer service and ensure long-term profitability. Our customers come from trucking, 3PL and brokerage, private fleet, construction, municipal government, retail repair and waste management industries, among others. Our company is structured by line of business: The Enterprise Transportation Software (ETS) business consists of: TMWSuite, TruckMate, TL2000 and Innovative IES Developed and supported out of Cleveland, Vancouver, Indianapolis and Nashville offices. The TMW Asset Maintenance business consists of: TMT Fleet Maintenance (Windows, IBM i, ASP) TMT ServiceCenter Developed and supported out of the Durham office The TMW Optimization business consists of: IDSC ExpertFuel, IDSC Netwise, IDSC MatchAdvice, IDSC TripAlert and IDSC LoadBuilder Developed and supported out of the Dallas office
3 Recent Milestones TMW Systems celebrates its 20th anniversary Launches ResultsNow by TMW executive dashboard application TMW User Group draws record-breaking attendance of 600 people Achieves Microsoft Certified Gold Partner status Welcomes 500th Customer Acquired by Wachovia Capital Partners and Peppertree Capital Management David W. Wangler appointed TMW Systems President and Chief Executive Officer TMW Systems acquires Maddocks Systems, Inc. of Vancouver, BC UniGroup selects TMW Systems D2Link Mobile Communications Software TMW Systems acquires TMT Software of Durham, North Carolina TMW Systems acquires Integrated Decision Support Corporation (IDSC) of Dallas, Texas TMW Celebrates 25 th Anniversary TMW launches TMT ServiceCenter product TMW TransForum User Conference welcomes 1,300 attendees Knight Transportation selects IDSC ExpertFuel solution IDSC MatchAdvice v6.0 available Company releases Fuel Transport Management Applications for Fuel Carriers TMW rolls out TMW Data Warehouse TMW introduces Transportation Management Solutions (TMS) capabilities TMW acquires Innovative Computing Corporation of Nashville
4 Management Team David Wangler President & CEO As president and chief executive officer of TMW Systems, Inc., David Wangler leads the largest provider of enterprise software to the trucking and logistics industry. His move to TMW in early 2006 proved to be a natural fit. With more than 20 years experience in supply chain and software manufacturing, Wangler is recognized for his vision, business acumen and his ability to create unique yet functional business synergies. Under his leadership and in fewer than 48 months, TMW acquired four complementary companies Maddocks Systems, TMT Software, Integrated Decision Support Corporation (IDSC) and Innovative Computing Corporation (ICC). The expansion positions TMW as a leader in the marketplace with a full portfolio of integrated enterprise transportation software (ETS), fleet maintenance and fuel optimization solutions. Prior to joining TMW, Wangler held executive management posts in th US and abroad for SupplyWorks Inc., now a part of Made2Manage Systems, BAAN, SKYVA International and Wonderware Corporation. David Mook Chief Operating Officer/Chief Technology Officer David Mook, Chief Operating Officer and Chief Technology Officer, joined TMW Systems in He is a graduate of the University of Michigan and attended Case Western Reserve University Law School. Mook was one of the original developers of TMW s foundation products. Over the years he has held numerous positions at TMW, including VP of International Business, VP of New Business Development and VP of Product Development. Jeffrey Ritter Chief Financial Officer As CFO of TMW Systems, Jeff Ritter manages all financial aspects of the company, greatly contributing to TMW s fiscal strength and escalated growth over the last five years. He plays a crucial role in developing strategic annual operational and long-term financial plans for each of the company s product groups. Ritter joined TMW Systems in 1999 and brings to his position nearly 20 years of financial services experience, including KPMG Peat Marwick, where he specialized in international manufacturers and financial service clients, ITS, Inc., where he managedthe domestic and international expansion of the company from $32 million in revenue to $120 million within a four-year period. David Schildmeyer Senior Vice President, Sales Schildmeyer is responsible for the sales operations across all lines of business at TMW. Prior to joining TMW in 2002, Schildmeyer was Executive Vice President, Sales and Marketing, at Regulus Integated Solutions, an $80 million technology provider to the banking, utility and communications industries. As Managing Director with Cincom Systems, a Top 100 software company, Schildmeyer had P&L responsibility for the $45 million ERP division and managed senior-level client relationships with Fortune 500 corporations throughout North America and Europe.
5 Mike August Vice President and General Manager, TMW Optimization Software August brings to TMW over 25 years of experience in organizational and business development. He has hands-on experience with more than 40 merger and acquisition transactions for both large and small companies, including BAAN/ SSA GLOBAL, AnswerPort and Computer Science Corporation. In addition to his merger and integration experience, August has served as Chie Operating Officer of a large enterprise software company and Vice President of several large professional services organizations. August holds master s degrees from the University of St. Thomas, the University of Wisconsin, and a BS in Organizational Development from Rhode Island College. Randall Burrell Senior Vice President and General Manager, TruckMate Burrell oversees the research and development, professional services and customer support organization for TruckMate as General Manager. Prior to TMW, Burrell built his carrier at Maddocks Systems, which he joined in He was instrumental in developing new territories and products and in 1995, he was promoted to the role of VP Sales and Marketing. Burrell initiated new marketing directions for TruckMate,including entry into the US market. In late 2004, Burrell took on the role of Chief Operating Officer for Maddocks Systems. Monica Truelsch Director of Marketing Truelsch is responsible for TMW s messaging, public relations, advertising and product marketing. She joined TMW in Before joining TMW, Truelsch was the Sales and Marketing Manager for the High Tech High Temp business group of GrafTech International and the Vice President of Software Sales for the Americas at Alpha Technologies LLC, where she developed domestic and international business. Scott Vanselous Senior Vice President and General Manager, TMW Asset Maintenance Software As General Manager of TMW Asset Maintenance Software, Vanselous oversees all day-to-day activities for development, support and professional services with TMT Fleet Maintenance and TMT ServiceCenter solutions. He joined TMW from Oracle where he was Director, Travel and Transportation Industry Business Unit focusing on the logistics, trucking, rail and maritime industries. Prior to that, he spent nearly three years with DHL first as Vice President, Marketing and Strategic Alliances, then as VP of Americas Global Supply Chain Outsourcing. Vanselous brings more than 20 years of industry experience and holds an established track record as a strategist and innovator in transportation, supply chain management and logistics. Ray West Vice President and GM, Innovative Software; General Manager, TL2000 Software With a 20-year track record in the transportation software industry, West is responsible for TL2000 operations as well as overseeing product management for all of TMW. After service in the Marine Corps, West was instrumental in founding privately held companies, including Thoroughbred Systems, which developed mobile communications and dispatching software. West previously served as Vice President, IT for Atlas Van Lines and as Director, Product Development for QUALCOMM, Inc. He holds a master s in Manufacturing Management from Kettering University. He joined TMW in 2007.
6 Products and Services TMW Systems provides commercial and private fleets, logistics and maintenance operations with a comprehensive, integrated suite of functions and services to address the entire transportation and asset management process. Our Enterprise Transportation Systems are the software platforms for freight-oriented businesses, and include Order Entry, Dispatch, Rating, Invoicing, Settlements, Accounting and Maintenance functionalities. Enterprise Transportation Software TMWSuite TMWSuite is a highly configurable, Windows -based suite of integrated functions and services that enables trucking companies to operate more efficiently and profitably. Interface seamlessly with complementary software solutions to manage and streamline the end-to-end transportation process and improve management visibility within the organization. TMWSuite presents decision-makers with quantifiable facts about the business and incorporates the established procedures needed to achieve improved financial results. TruckMate The TruckMate Windows solution is a comprehensive package of operations, dispatching and accounting software. TruckMate offers a completely integrated solution providing specific tools across all industry segments including Truckload, Less-Than-Truckload, Logistics, Bulk Intermodal, Dedicated and Private Carriers and Diversified Fleets offering a wide range of services. TL2000 TL2000 transportation software is an integrated suite of functions and services for carriers on the IBM i (formerly AS/400) platform. It provides the capability to easily track loads, control equipment and achieve peak asset utilization. TL2000 s integrated accounting system controls cash flow and provides essential management reporting capabilities. Innovative IES Innovative IES is enterprise trucking software that provides all levels of a company with real-time information that is accessible, meaningful and easy to manage. Innovative IES helps improve decision-making and planning, reduces costs and improves customer service on a corporate level, by incorporating operations, administration, safety, maintenance and many other modules for a completely integrated, IBM i (formerly AS/400) solution. The system is available for on-premise license or by software-as-a-service (SaaS) subscription to either Innovative Access or Innovative Access Plus.
7 Transportation Management Solutions (TMS) TMW Systems offers robust and highly configurable software that shippers, 3PLs and brokers need to increase visibility, contain costs and improve efficiencies in domestic surface transportation. TMS from TMW adds unique capabilities to incorporate fleet and asset management, if required, within a richly featured, highly flexible and cost-effective solution that s ideal for many logistics departments and logistics service providers. TMW helps companies optimize freight management workflow by automating and integrating discrete tasks across the many different processes that support moving goods across North America. Numerous tools address customer service, such as estat for web-based track&trace or the new TMW CRM module, as well as mobile communication integration, complex TL and LTL rating support, advanced carrier management, agent order entry, agent pay, full round-trip EDI support and the management tools to monitor and drive performance and profitability. TMW Asset Maintenance Software TMT Fleet Maintenance TMT Fleet Maintenance handles every aspect of managing and maintaining equipment at maximum efficiency. It integrates the management of all maintenance areas preventive maintenance schedules, parts inventory, fuel and tire usage, mechanic hours, billing, warranty recovery and more. The software allows access to real-time information, monitors and streamlines workflow and provides reports to enable process improvements. Users analyze, evaluate, negotiate and manage fleet and equipment assets and expenses. TMT ServiceCenter A software package designed for outsourced fleet management and maintenance. TMT ServiceCenter positions companies to offer a range of new services to attract business with improved customer services, new capabilities and increased shop efficiencies. Features include regulatory compliance tracking, parts and vehicle warranty recovery and lifetime vehicle maintenance tracking. TMW Optimization Software IDSC Netwise IDSC Netwise is a data mining powerhouse and all encompassing metric that performs queries to resolve critical business issues. The engine supports the continuous improvement process by focusing on root cause of poor profitability. It provides a flexible planning solution for establishing scoreboards and a framework to create benchmarks for continuous improvement using sophisticated algorithms. IDSC ExpertFuel IDSC ExpertFuel is the industry-leading fuel optimization system designed specifically for the truckload carrier. Blending the power of dispatch and mobile communications systems with best-in-class fuel pricing and routing data is the hallmark of the product.
8 IDSC MatchAdvice IDSC MatchAdvice is the industry s premier power-to-load match optimization program. It makes the extremely complex process of load planning more efficient by providing load planners with real-time optimized solutions and guidance on dispatching practices to help make the best decisions on driver work assignments. IDSC TripAlert IDSC TripAlert is a real-time asset tracking solution that monitors vehicles along an entire trip, ensuring that drivers are taking the most efficient and safe routes to the customer. Asset control optimization is the most technologically advanced approach to systematically reducing out-of-route miles costs. The product provides the ability to have visual status of an entire fleet and offers additional cost benefits in safety, security and customer service. IDSC LoadBuilder IDSC LoadBuilder streamlines the consolidation of multiple LTL loads into more efficient truckloads, while also optimizing the order and routing of multiple stops for pickups, deliveries, and service visits to reduce wasted miles. IDSC LoadBuilder improves fleet utilization and reduces shipping expenses as well as total miles for significant carbon output savings. TMW Managed Services TMW s managed hosting services offers companies more agility in the marketplace, letting them focus on core competencies. With the rising costs and complexities of maintaining a secure web presence, turning to managed services can be a very cost-effective decision. Free the in-house IT staff to focus on business improvement and revenue-generating projects, instead of day-to-day systems maintenance. Gain a more secure infrastructure and built-in Disaster Recovery/Business Continuity protection. Other Products and Services TMW Imaging TMW Imaging offers an electronic document system specifically designed to meet the transactional needs of the transportation industry. It can help support invoicing, expense and driver settlements, and can speed up collections. It also seamlessly integrates with TMWSuite, TruckMate and TL2000, so it s easy to get up and running and increase productivity in no time. D 2 Link Although the benefits of implementing a Driver-to-Dispatch mobile communications program are numerous, traditional solutions available today are usually proprietary and costly to use. That s why TMW has introduced a value-driven, cost-effective mobilecomm alternative: D 2 Link. TMW s D 2 Link enables carriers to integrate two-way driver communications into their networks using affordable cell phones that have built-in GPS chips and basic data processing capabilities. Coupled with TMW s D 2 Link Java software that provides data transfer with all TMW enterprise software, carriers now have an affordable alternative to two-way communications with their fleets.
9 THE DAWG The DAWG is a browser-based or native IBM i exception-monitoring application that provides companies with transportation-specific business alerts or lets them customize their own for unique events. The DAWG then triggers or desktop alert messages with details about the events to customizable distribution lists. Companies can define alert thresholds for each KPI that management tracks, for instance. With near real-time transaction monitoring, The DAWG constantly scans systems for negative trends or operational bottlenecks. Whenever there s an exception that falls outside the pre-determined threshold, The Dawg triggers an alert so that immediate corrective action can be taken. Business Process Consulting Our Business Consulting Team offers a full range of services to help resolvecomplex operational issues and improve a firm s process efficiencies. TMW s seasoned consulting professionals bring their years of trucking and information technology experience on location to analyze, evaluate and make recommendations for improving deployed technology effectiveness and ROI. In addition, they can identify and assist in resolving business process dysfunctions to achieve greater operational efficiencies and profitability. Each consulting engagement is tailored to the customer s specific needs, and is executed according to our consistent and disciplined methodologies. Professional Services Professional Services is the umbrella organization made up of Implementation Specialists, Client Services support teams and Business Consultants. The integration of these three teams provides TMW with the agility of allocating appropriate resources, overall visibility into client projects and the added assurance of a smooth transition from implementation to live support. Professional Services employs a disciplined project management approach,whether guiding a complete system implementation, the development of a customized application or the setup of a standard accessory module. TMW University Organizational learning can be the key to unlocking the full value of TMW products and services. That s why TMW offers intensive software training opportunities on-site and online with classes from TMW University. TMW University (TMWU)helps both new and veteran users to get more productivity and better results from the tools they have and increases the benefits of those tools for the entire business. Innovative University Web-based Innovative University-now a branch of TMWU- offers technical and process-oriented courses for Innovative software with a rich online interface that fits learning needs and time availability across the entire organization. Managers can identify their specific staff training needs and set up learning programs as well as progress reports through Innovative University. When online software learning isn t enough, we offer visiting professor webinars, customized training plans and integrated testing to assure customers get the results they need for their users.
10 Business & Technology Alliances TMW Systems relationship with key industry players strengthens the company s ability to deliver unequalled capabilities to our customers. Our extensive list of partners enables carriers to choose an enterprise system that meets their specific business requirements and extend it with complementary and best-in-class services and software to automate critical processes. Trimble ADP ALK Technologies Allegro Wireless Barnes Distribution Cadec Global LLC CarrierWeb Cascor Ceridian Comdata DriverTech EBE Technologies EFS Transportation Services FleetMind FleetNet America FleetOne Flying J Fort Garry Industries (FGI) GE Equipment Services IBM Business Partner IMI Imperial Inter-Tax J. J. Keller Kleinschmidt Inc. Lawson Maptuit MetaSource Microdea Microsoft Certified Gold Partner North America Technology Corporation (NATC) Operating Tax Specialists Inc (OTS) OPIS Paychex Pegasus TransTech PeopleNet Pro-EDI ProMiles Software Development Corporation QUALCOMM Rand McNally RapidHire Shaw Tracking SkyBitz SMC 3 Speedco Sterling Commerce Syn-Tech FuelMaster Systech T-Chek Systems TLC TON Services TransCore Transportation Clearing House (TCH) Transportation Costing Group (TCG) Transportation Management Inc. (TMI) Tranztec Travel Centers of America Trip Data Safety Management (TDSM) TripPak Services Veltion Xata Corporation
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