Intrenet, Inc. Announces Phase Two of Qualcomm Installation
PR NEWSWIRE - March 09, 2000 12:16
MILFORD, Ohio, Mar 9, 2000 /PRNewswire via COMTEX/ -- Intrenet, Inc. (Nasdaq: INET), one of the nation's largest trucking companies, announced today that it will soon be starting Phase Two of its installation of Qualcomm satellite communications in its fleet. Phase One, the installation of Qualcomm equipment in all of its 1,300 company-owned tractors, will be completed by March 31. Phase Two entails making the system available to its 1,100 owner/operators.
According to Intrenet Chief Operating Officer, John P. Chandler, "Many of the Intrenet owner/operators have expressed a strong interest in using this equipment and, if properly used, it can increase their loaded miles while providing them with advanced communications capabilities."
"Through the cooperation of Qualcomm," continued Chandler, "we will be able to offer this equipment to our owner/operators at a very affordable price -- bringing benefits to them, our customers and to Intrenet."
Intrenet, Inc. is one of the largest flatbed carriers in North America, with annual revenue of $285 million. The Company's subsidiaries include Roadrunner Trucking, Eck Miller Transportation, Advanced Distribution System, Roadrunner Distribution Services, and INET Logistics.
This press release includes certain forward-looking information that is subject to certain risks and uncertainties that could cause actual results to differ materially from those projected or expressed herein. Without limitation, these risks and uncertainties include economic recessions, downturns in customers' business cycles, and rapid market fluctuations. Readers are urged to carefully review and consider the various disclosures made by the Intrenet, Inc. in this press release and in the various SEC filing documents filed by the Company.
SOURCE Intrenet, Inc. |
