Atlanta, Georgia and Québec, Canada - June 16, 2005 - GEOCOMtms, a global provider of fleet management and territory design solutions, announced today that it has closed a new round of funding from existing investors Fondaction CSN, VIMAC Ventures LLC, Desjardins Venture Capital, Innovatech Quebec, and National Bank Financial, as well as Mr. Bernard Tetu, founder of GEOCOMtms. The additional investment of $3.8 million (CAD) from all shareholders represents continued confidence and brings the total funds raised to date by GEOCOMtms to approximately $15 million (CAD).

“GEOCOMtms has experienced impressive growth over the last year,” said Michael J. Nark, President & CEO of GEOCOMtms. “To continue this trend, we’re making strategic investments in sales, marketing, and product development, enabling us to capitalize fully on the opportunities that exist to expand our market share. The firm support of our investors and their commitment to the strategy we’re pursuing give us the ability to move forward aggressively.”

GEOCOMtms provides innovative fleet optimization and territory design solutions that make local pickup and delivery operations run smoothly. The company’s A.MAZE and A.MAZE Enterprise offerings provide end-to-end transportation planning and execution functionality for organizations that manage private or dedicated fleets. By focusing on the critical last mile of the distribution network, GEOCOMtms is able to help customers dramatically reduce transportation-related expenses, such as fuel and driver overtime, while also improving on-time delivery and overall customer service. Leading organizations such as The McPherson Companies, NAPA – Genuine Auto Parts, Purolator Courier, Velocity Express, and Vascor (a division of APL) depend on the A.MAZE suite of products to better control day-to-day operations and to gain visibility into the productivity of transportation resources.

About Fondaction CSN
Founded in 1996, Fondaction, le Fonds de développement de la CSN pour la coopération et l'emploi, is in venture capital operations to further develop Quebec's economy, and represents over 60,000 shareholders. As of May 2004, Fondaction showed net assets of $ 334M, with $172M in investments, directly impacting Quebec’s economy. Close to one hundred businesses from all economic sectors have Fondaction as a financial partner. Fondaction works with companies at every stage of growth, focusing on businesses that subscribe to participative management processes and target social economy (self-controlled, cooperative, or others) or environmental issues. www.fondaction.com

About VIMAC Ventures
VIMAC Ventures LLC is a Boston-based venture capital firm that invests primarily in emerging growth companies located in the northeastern United States and Canada. Founded in 1982, VIMAC works closely with entrepreneurs and co-investors to build strong, fast-growing companies that can dominate their market segments in information technology and the life sciences. With nearly one-third of VIMAC's portfolio originating in Canada, the firm uses its strong cross-border relationships to improve the odds for success for all of its investments. (www.vimac.com)

About Desjardins Venture Capital
Desjardins Venture Capital has been the venture capital fund management arm of Desjardins Group since 1974. It also manages Capital régional et coopératif Desjardins, a public fund whose assets under management are projected to reach $1.325 billion over the next ten years. More than a financial partner, Desjardins Venture Capital makes its network and expertise available to businesses in their startup, growth and expansion, as well as their plans for mergers, acquisitions or public offerings. More than 175 companies are already associated with Desjardins Venture Capital. (www.dcrdesjardins.com)

About Innovatech Quebec
Innovatech Québec is a 125M$ early stage venture capital fund owned by the Government of Quebec. Innovatech invests in emerging technology-intensive companies in Information technology and telecommunications, biotechnology, and advanced applied technologies. It has a diversified portfolio constituted of 65 active investments in private and public companies. (www.innovatechquebec.com)

About National Bank Financial
National Bank Financial is one of the largest investment dealers in Canada, with over 3,100 employees active in more than 100 offices across Canada, the United States and Europe. Created through a merger between First Marathon and Lévesque Beaubien Geoffrion in 1999, National Bank Financial is a wholly owned subsidiary of National Bank of Canada. The firm offers an extensive array of financial services to individual investors, private and publicly owned corporations, and government agencies. It is also a leading provider of correspondent brokerage services to third parties. (www.financierebn.com)

About GEOCOMtms
GEOCOMtms gets things moving with fleet management and territory design solutions that make local pickup and delivery operations run smoothly. Every day, leading companies depend on our A.MAZE suite to route thousands of vehicles from hundreds of depots and distribution centers. Logistics executives choose A.MAZE because it’s the one solution that gives them enterprise visibility and greater control over local P&D. And that translates into greater asset productivity, improved cash flow, and increased return on capital. By using A.MAZE, customers like Cotnoir Transport, NAPA - Genuine Auto Parts, Southern Maryland Oil, and Velocity Express have reducing operating costs while raising the level of customer service they provide. For additional information, please visit www.GEOCOMtms.com.

Press Contact
D. Scott Beaver
GEOCOMtms
Director, Product Marketing
tel: 770.803.0295 x104
e-mail: sbeaver@geocomtms.com