XATA Profile

XATA Corporation develops, markets and services fully integrated, onboard fleet management systems for the private fleet segment of the transportation industry. The Company sells its products in the United States and Canada. Its systems utilize software and related hardware components and accessories to capture, analyze and communicate operating information that assists fleet management. The Company also provides paperless electronic logs, exception-based management reporting and learned standards for accurate business intelligence. Its products combine enterprise software, onboard computing, real-time communications and global positioning systems (GPS) to provide an enterprise logistics management solution for private fleet operators. Its systems have been installed in approximately 45,000 trucks at over 1,000 customer locations. Some of its customers include Allegiance Healthcare Corporation, Baxter Healthcare Corporation, Bi-Lo, LLC, The BOC Group plc and Core-Mark International. For the six months ended 31 March 2006, XATA Corporation's revenues increased 68% to $14.8M. Net loss applicable to Common fell 70% to $826K. Revenues reflect increased OpCenter product line sales due to the fulfillment of a large order from a customer in the government sector. Lower loss reflects improved operating margins and decreased research & development expenses due to a reduction in third party contractor costs.