BEACHWOOD, Ohio — TMW Systems is calling 2007 a record year for revenue, product releases, new customers, and consecutive quarterly growth.
“2007 was a dynamic year for TMW filled with growth and customer success across all three operations TMW Enterprise Transportation Software (ETS), TMW Asset Maintenance Software (AMS), and TMW Optimization Software,” said David Wangler, TMW Systems president and CEO. During the year, TMW grew revenues from its core ETS business, which is comprised of the TMWSuite, TruckMate and TL200 products by 21.3% over 2006.
TMW also experienced significant year over year growth in its newly acquired Asset Maintenance Software product family, the company said. Of particular note was an increase in IDSC fourth quarter product revenues of 32.6% over the same period in 2006.
“In today’s market, successful fleets are focusing on reducing costs and becoming more efficient,” said Wangler. “With our new offerings we can address an even larger number of companies with specific solutions for their immediate need, whether it is freight mix optimization, improved control over their maintenance process, or insight into the key performance indicators that drive their business. This capability has become a significant difference between TMW and competitors by providing much more than just a one dimensional dispatch and accounting fleet management system.”
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