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TheStreet Open House

Caterpillar And Trimble Expand Solutions And Service Offerings For Global Construction Customers









PEORIA, Ill. and SUNNYVALE, Calif., Jan. 3, 2014 /PRNewswire/ -- As part of their ongoing commitment to transforming the way contractors view job site productivity and the way they manage their businesses, Caterpillar Inc. (NYSE: CAT), the world's leading supplier of construction equipment, and Trimble (NASDAQ: TRMB), a global leader in technology solutions, today announced new agreements that will bring complete, technology-enabled construction jobsite solutions to the market.

Building on a partnership that spans nearly 20 years, the new agreements enhance both companies' efforts to better serve global customers from project design through completion, with critical technologies and services focused on fleet management and site productivity across a contractor's entire equipment fleet, regardless of brand.

"Caterpillar has worked with Trimble since 1996 to optimize site productivity through a revolutionary suite of grade control solutions, differentiated by industry-leading machine integration straight out of our manufacturing plants, mixed fleets' aftermarket systems and through our world-class distribution network," said Hans Haefeli, Caterpillar vice president with responsibility for the Advanced Components and Systems Division.

Since 2008, Caterpillar and Trimble have expanded their collaboration to bring both fleet management and site productivity solutions to the customer's office and jobsite through the VisionLink® suite of applications. With today's new agreements, the companies are further investing in their combined commitment to develop these products, expand the range of productivity applications and services, and bring a comprehensive unified fleet solution to the contractor. For Caterpillar, the strategic partnership with Trimble provides a site level, unified fleet focus to the Cat® Connect portfolio of products and services. Cat Connect leverages connectivity to more than 250,000 Cat machines globally. These machines can be monitored by customers to improve their fuel consumption, maintenance, productivity and overall fleet availability.

The latest agreements will strengthen Caterpillar's already world-class distribution capability and enhance collaboration with Trimble's SITECH® Technology Dealers, the only global distribution network dedicated to providing a comprehensive construction technology portfolio to the heavy and civil contractor.

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