Did Your Child(ren) Get On The School Bus Before or After School? There's an App For THAT... NOW!

NEWS RELEASE

February 25, 2013

New startup Company-Based in Purdue University Business Park, creates an innovative tracking and attendance APP for schools

MERRILLVILLE, Ind. - K-12 school districts, their transportation directors
and parents of students who ride school buses will benefit from a new
smartphone application that tracks attendance as students board and exit a
school bus.

Executives at PreshusCargo LLC have developed the Patron Attendance and
Tracking Solution (PATS) for school transportation purposes.

"Most of our current development is in the education sector," said Kevin McGuire,
CFO and Managing Partner at PreshusCargo. "We have developed an application that runs
on the Android platform and a district solution that allows school leaders to take
attendance on school buses. We have an IOS solution in development
once work on the Android version is complete."

Bus drivers or monitors use a tablet that has been pre-loaded with
attendance data based on the route. The user selects a photo that informs
the system if the rider is entering or exiting.

"This information is uploaded to the network so school administration
officials and parents will know who is on the bus at any given time,"
McGuire said. "Students who ride the bus have no interaction with the
current system, although we can use an RFID (radio frequency
identification) reader to take attendance if schools already have that
solution in place. In that case, students would scan their ID card when
they get on or off the bus."

“We want to offer each school district viable options that are realistic”, said K. Bryant Hawkins, COO and Managing Partner at Preshuscargo. “Developing solutions with facial recognition and voice activation may not fit the fiscal needs of every school district. But, all releases will have GPS and an SOS button. We aspire to custom design a solution for each circumstance.”

PreshusCargo's technology is being used in the Michigan City (Ind.) Area
Schools system. McGuire said school systems could recoup money using it.

"Michigan City was reimbursed $11,000 two years ago for its paper and
pencil solution," he said. "During the 2012-13 school years, the district
already has been reimbursed $14,000. School district officials anticipate
when PATS is installed on all the school buses; they will see the amount
increase another 20 percent. We also anticipate a reduction in insurance
costs on those buses."

Although PreshusCargo's initial market is K-12 school systems, McGuire
said PATS is capable of being used in other markets including charter bus
companies, luxury liners, prisoner transportation services, senior tours and
high speed train transportation. He explained why the company became a tenant in
the Purdue Research Park of Northwest Indiana.

"The Purdue Research Park was a great fit for us as a startup company. Our
biggest reason for joining was the access to individuals who have gone
through the challenges we anticipate that we will encounter," he said. "We
also are interested in working with the staff at the Purdue Technology
Center to develop a sound foundation for the business, which will make us
more successful in the future."

About Preshus Cargo LLC

PreshusCargo (http://www.preshuscargo.com/) is focused on
patron safety and tracking. Our solutions help transportation
departments in any market to track riders and resources. We
are a small, growing company currently working with a handful
of Indiana school districts. Implementation of our solutions
will increase safety, communication and…help us to safeguard…your most precious
cargo.

About Purdue Research Park

The Purdue Research Park (http://www.purdueresearchpark.com/) has the
largest university-affiliated business incubation complex in the country
in four locations across Indiana. The parks are home to nearly 240
companies that employ more than 4,200 people and are located in West
Lafayette, Merrillville, Indianapolis and New Albany.

Purdue Research Park contact:

Steve Martin, 765-588-3342, sgmartin@prf.org
Source:

Kevin McGuire, 219-861-9674, 219-325-0946, kmcguire@preshuscargo.com
Kenneth Hawkins, 224-201-4122, khawkins@preshuscargo.com