News | February 20, 2007

Trimble, @Road Merger Approved

Source: Field Technologies Magazine

February 16, 2007 — Trimble (Nasdaq: TRMB) today announced that the stockholders of @Road, Inc. have approved and adopted the Agreement and Plan of Merger, dated December 10, 2006, by and among Trimble, @Road and Roadrunner Acquisition Corp., and approved the merger. Stockholders holding approximately 72 percent of the total number of shares of @Road issued, outstanding and entitled to vote at the meeting voted in favor of the agreement and the merger.

Following the approval of @Road stockholders, Trimble completed its acquisition of @Road for a total purchase price of approximately $493.1 million. Under the terms of the agreement and Trimble's previously announced determination of the merger consideration, @Road common stock holders will receive $5.00 in cash and 0.0447 shares of Trimble common stock for each outstanding share of @Road common stock.

Effective after the close of market today and with the closing of the transaction, trading in @Road common stock on the NASDAQ stock market will cease. Trimble will promptly arrange for a letter of transmittal to be sent to each registered @Road stockholder that will inform such stockholder where to deliver @Road stock certificates in order to receive the merger consideration.

For more information about Trimble, visit www.trimble.com.