The AIMS Group, an Application Service Provider (ASP), created RailDOCS in 1994. The system features easy internet access to a wide range of proprietary software applications that provide railroads with a more efficient way to control day-to-day support operations, such as project and data management, planning, engineering and purchasing.
The system allows railroad managers to focus on their primary goal of keeping trains running safely and efficiently while support functions are handled routinely through fully integrated RailDOCS programs. By merging individual files and disparate systems, the railroad manager has communication and data management tools that make it easy to work across departments, vendors and other entities. The result is improved operating efficiencies and lower operating ratios.
"Wherever there is Internet connectivity, our customers have access to their management systems with just a click of a mouse," says Joseph A Seher, Chief Executive Officer.
"Our ASP business model is practical, affordable and easy to use. It delivers precise system functionality for each individual customer and functions in a secure environment. Since the system is hosted by us, there is no up front cost for software, maintenance contracts or other fees. The cost is based on usage, with a very small charge per transaction," added Seher.
The AIMS Group is one of the world's leading suppliers of vertical market ASP and other advanced computer and management related services to the railway and other industries.
ABC-NACO is one of the world's leading suppliers of technologically advanced products to the railroad and flow control industries through its three business segments: Rail Products, Rail Services and Systems and Flow and Specialty Products.
With four technology centers around the world, ABC-NACO holds preeminent market positions in the design, engineering, and manufacture of high performance freight car, locomotive and specialty track products. The company also supplies railroad and transit signaling systems and services, as well as highly engineered valve bodies and components for industrial flow control systems worldwide. It has 32 offices and facilities in the United States, Canada, Mexico, Scotland, Portugal and China.
Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts, may be deemed to be forward-looking statements that are subject to change based on various factors which may be beyond the control of ABC-NACO Inc. Accordingly, actual results could differ materially from those expressed or implied in any such forward-looking statement. Factors that could affect actual results are described more fully in the Company's Annual Report on 10-K for the transition period ended December 31, 1999, under the caption "Cautionary Statement Concerning Forward Looking Statements," and other risks described from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.