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SYNCHRONET MARINE LAUNCHES METROPOLITAN INITIATIVE
Leading Maritime Technology Service Provider Launches Initiative To Reduce Congestion
And Maximize Asset Efficiencies In The Oakland Metropolitan Area
SynchroNet Marine Inc., the premier container interchange, today announced the launch of phase one of the SynchroMet™ service.
Supported by the Port of Oakland and endorsed by members of the California trucking community, SynchroMet reduces road and gate
congestion at local marine and rail terminal facilities by giving visibility to equipment and providing opportunities for collaboration.
SynchroMet also reduces empty truck miles and positively reduces diesel emissions effecting the local environment.
SynchroMet links users to their own highly secure and proprietary segment of an ASP platform, where they can review and select
opportunities for mutually beneficial street-turns. Inbound containers can be posted as empty street-turn opportunities and matched
in real-time with off-dock equipment needs to cover export bookings. SynchroMet allows users to track street-turned containers by
individual unit number and provide confirmation of a street-turn event to terminal operators and steamship lines. In addition
SynchroMet provides truckers with a one-stop-shop for information on port and terminal operations, customer service and contact
information with links to steamship line and leasing company web sites.
"SynchroNet Marine is committed to providing the transportation industry with valuable tools for reducing operational costs and
increasing revenue," said Reidar Brekke, president and COO of SynchroNet Marine Inc. "SynchroMet offers trucking companies a service
that will significantly reduce waiting times at terminal gates and increase the number of street-turns performed."
"The Port of Oakland is committed to assist in the development of innovative tools that will improve efficiencies for the port
community," said Tay Yoshitani, executive director of the Port of Oakland. "SynchroMet will provide trucking companies and shipping
lines with a real-time communication tool and technology platform that can help to reduce road congestion in the port and surrounding
Bay community."
The SynchroMet™ service is accessed through the Internet at www.synchromet.com.
Development of the SynchroMet™ service
will continue with the assistance of local stakeholders and provide additional benefits to the Oakland port community.
Phase II will enable shipping lines to further reduce costs and interchange equipment at local inland points for repositioning
to international demand locations.
ABOUT SYNCHRONET MARINE, INC.
SynchroNet Marine, Inc. provides customer value through creative customer solutions and technology innovation. SynchroNet's equipment
interchange, asset management and cost optimization services improve profitability and reduce costs for its customers in the global
transportation industry. SynchroNet offers three exclusive services SynchroBox™,
SynchroSlot™ and SynchroMet™.
SynchroBox covers all trade lanes throughout the world; whether maximizing the potential for cooperative container management that exists between short-sea
operators and major trade lane carriers in the Asian and European market, or helping international carriers inexpensively reposition equipment
from inland or coastal USA points. SynchroSlot enables customers to inexpensively reposition empty equipment and access incremental revenue
generating opportunities. SynchroMet is a congestion management tool developed to improve asset utilization and operating efficiency for
transportation service providers in a Metropolitan area.
Founded in 1996 and headquartered in San Ramon, CA, SynchroNet is privately held and venture funded. The company has regional offices in
Chicago, IL, London, Hong Kong and Singapore. For inquiries contact SynchroNet Marine, Inc. at 2600 Old Crow Canyon Road, Suite 201,
San Ramon, CA 94583, USA, telephone (925) 855-4400, fax (925) 855-4420, or visit SynchroNet on the world
wide web at: http://www.synchronetmarine.com
©2002 SynchroNet Marine Inc. All rights reserved. SynchroBox, SynchroSlot and SynchroMet are trademarks of SynchroNet
Marine Inc. All other brand and product names are registered trademarks, trademarks or servicemarks of their respective holders and are
gratefully acknowledged. All specifications subject to change without notice.
CONTACT:
Bob Baker
SynchroNet Marine Inc.
Tel.: (925) 855-4400 x105
Fax: (925) 855-4420
E-mail: bbaker@synchronetmarine.com
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