Accellos Acquires Prophesy Transportation Software

September 2008, - Feature

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Colorado-based Accellos Inc., a provider of logistics, warehouse, 3PL, transportation, and mobile resource management solutions, announced the acquisition of Prophesy Transportation Software,
Bloomfield, Conn.

Prophesy provides software solutions designed to manage the many aspects of a growing trucking operation for both public and private fleets. This acquisition further expands Accellos' position in the trucking software market. Financial details of the acquisition were not disclosed.

Accellos will continue to market and support the Prophesy product line, which will eventually be a key component of Accellos One Transport, a series of solutions designed to assist the transportation carrier,
broker and shipper in maximizing the effectiveness of their transportation planning, execution and reporting. Accellos One Transport is part of the Accellos One supply chain suite.

"Prophesy was our primary target for strategic acquisition this year," says Michael Cornell, Accellos CEO. "Accellos has experienced a great deal of success in the transportation market and we knew it was time to broaden both our scale and product footprint."

"We are excited to join the Accellos family", said Prophesy Vice President Bill Ashburn. "The expanded reach of our new company opens many doors for our customers, including broader product line, expanded customer service capabilities, and a seasoned management team who are firmly rooted in, and devoted to the transportation industry."

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