DealerTrack Launches SalesMaker, Industry's First Profit Management System
11 2월 2006 - 10:00PM
PR Newswire (US)
Provides Unprecedented End-To-End Integration of Dealership Sales
and Finance Workflow LAKE SUCCESS, N.Y., Feb. 11
/PRNewswire-FirstCall/ -- DealerTrack, Inc. (NASDAQ:TRAK) today
announced the launch of SalesMaker(TM), a groundbreaking technology
solution that fully integrates sales, finance, inventory and
desking to help automotive dealers structure the most profitable
deals. "Dealers are increasingly frustrated by working with
multiple technology vendors, by systems that do not communicate
with each other, and by the resulting inefficiencies and fractured
workflow," said Vince Passione, President of DealerTrack, Inc.
"SalesMaker is the industry's first profit management system,
providing seamless integration from sales prospecting and desking
through credit application, aftermarket sales and funding with
eContracting. This solution is easy to use and readily customized
to fit the way dealers actually work deals." SalesMaker's
comprehensive profit management system offers the following
features: -- Make the most profitable deal -- side-by-side view of
lease, balloon and retail financing options. -- Structure any deal
for any customer -- addresses prime and special finance segments.
-- Reduce duplicate data entry -- data about the customer and the
vehicle is available at every stage of a deal. -- Guaranteed data
-- the accuracy of the data you present with SalesMaker is
guaranteed. -- Complete inventory information -- uploaded, decoded
and automatically booked out. SalesMaker is so flexible that it can
accommodate everyone from the most skilled automotive professional
to brand-new employees. All of the data is available at every stage
of the sales and financing process, making handoffs among
dealership personnel completely seamless. Passione said, "With
SalesMaker, the dealer gets the advantage of complete integration
to the full suite of DealerTrack products and functions. This
streamlines the sales and finance process and will help our
customers sell more cars and maximize per deal profitability."
About DealerTrack (http://www.dealertrack.com/) DealerTrack is a
leading provider of on-demand software and data solutions for the
automotive retail industry in the United States. DealerTrack
utilizes the Internet to link automotive dealers with banks,
finance companies, credit unions and other financing sources, and
other service and information providers, such as the major credit
reporting agencies. DealerTrack has established a network of active
relationships with over 21,000 automotive dealers, including over
80% of all franchised dealers; more than 200 financing sources,
including the 20 largest independent financing sources in the
United States and nine captive financing sources; and a number of
other service and information providers to the automotive retail
industry. DealerTrack's credit application processing product
enables dealers to automate and accelerate the indirect automotive
financing process by increasing the speed of communications between
these dealers and their financing sources. DealerTrack's integrated
subscription-based software products and services enable automotive
dealer customers to receive valuable consumer leads, compare
various financing and leasing options and programs, sell insurance
and other aftermarket products, document compliance with certain
laws and execute financing contracts electronically. Safe Harbor
for Forward-Looking and Cautionary Statements Certain statements in
this press release are "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. These statements
include the expected benefits of DealerTrack's new products for
DealerTrack's customers. These statements involve a number of
risks, uncertainties and other factors that could cause actual
results, performance or achievements of DealerTrack to be
materially different from any future results, performance or
achievements expressed or implied by these forward-looking
statements. Factors that might cause such a difference include:
increased competitive pressure from other industry participants and
the inability to execute any element of DealerTrack's business
strategy, including selling additional products and services to
existing and new customers; risks associated with DealerTrack's
systems and networks, including security breaches and events beyond
DealerTrack's control; the impact of the automotive retail industry
on DealerTrack's business; the impact of Federal and state
legislation on DealerTrack's business; DealerTrack's success in
expanding its customer base and product and service offerings as
well as in pursuing acquisitions and strategic alliances. Other
factors which could materially affect such forward-looking
statements can be found in DealerTrack's filings with the
Securities and Exchange Commission, including the risk factors
included in DealerTrack's Registration Statement on Form S-1 (File
No. 333-126944). Investors, potential investors and other readers
are urged to consider these factors carefully in evaluating the
forward-looking statements and are cautioned not to place undue
reliance on such forward-looking statements. The forward-looking
statements made herein are only made as of the date of this press
release and we undertake no obligation to publicly update such
forward-looking statements to reflect subsequent events or
circumstances. CONTACT: Liz Zale DealerTrack, Inc. (516) 734-3758
Jen Malloy RF/Binder Partners (212) 994-7542 First Call Analyst:
FCMN Contact: jen.malloy@rfbinder.com DATASOURCE: DealerTrack, Inc.
CONTACT: Liz Zale of DealerTrack, Inc., +1-516-734-3758, ; or Jen
Malloy of RF/Binder Partners, +1-212-994-7542, for DealerTrack,
Inc. Web site: http://www.dealertrack.com/
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