Warrantech Automotive Teams with DealerTrack; Company Joins Industry's First Web-Based Aftermarket Network
11 2월 2006 - 10:30PM
Business Wire
Warrantech Corporation (OTC:WTEC), a leading independent provider
of service contracts and after-market warranties, has become a
member of the DealerTrack Aftermarket Network(TM) -- the first
Web-based contract rating and quote generation portal in the
automotive aftermarket industry. The Network gives dealers access
to real-time information on aftermarket vendor products such as
extended service contracts, GAP insurance, vehicle recovery systems
among other services. By affiliating with the Aftermarket Network,
Warrantech has an added advantage in marketing RepairMaster, the
company's state-of-the-art automobile protection program, and other
products to a vast group of more than 21,000 automotive dealers who
subscribe to the DealerTrack system. "Warrantech's association with
the Aftermarket Network opens the doors to a vast untapped dealer
network," said Chris Ford, president of Warrantech's automotive
division. "Warrantech's solid reputation, strong awareness of the
RepairMaster(TM) brand, and a loyal customer following will benefit
all network-affiliated parties -- Warrantech, DealerTrack, other
vendor associates, and customers alike. We are extremely gratified
to be associated with the DealerTrack Aftermarket Network." David
Trinder, president of DealerTrack Aftermarket Services, Inc., said,
"Providing a forum to showcase top-quality automotive vendors is
one of the goals of the Aftermarket Network. We are pleased that
Warrantech has agreed to become a member of the DealerTrack Team.
By joining the network, Warrantech can offer RepairMaster and other
products to dealers across the country. Like other vendors,
Warrantech will be able to further increase market penetration,
reduce administrative costs and drive up customer satisfaction."
About DealerTrack Aftermarket Services, Inc. DealerTrack
Aftermarket Services is a subsidiary of DealerTrack Holdings, Inc.
(Nasdaq:TRAK). DealerTrack Aftermarket Services is a leading
provider of aftermarket product sales and administration solutions.
DealerTrack's eMenu and Aftermarket Network streamline the process
of pricing, presenting and processing aftermarket products for
automotive retailers. DealerTrack's technology solutions improve
workflow processes for aftermarket providers, including insurance
companies, third-party administrators (TPAs) who underwrite, price,
administer, manage and sell vehicle service agreements, GAP
coverage, theft deterrent devices, credit life insurance and other
aftermarket products. 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; over 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. For additional
information on DealerTrack, access www.dealertrack.com. About
Warrantech Warrantech Corporation administers and markets service
contracts and after-market warranties on automobiles, automotive
components, recreational vehicles, appliances, consumer
electronics, homes, computer and computer peripherals for
retailers, distributors and manufacturers. The company continues to
expand its domestic and global penetration, and now provides its
services in the United States, Canada, Puerto Rico and Latin
America. For additional information on Warrantech, access
www.warrantech.com. "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This release contains
forward-looking statements that are subject to risks and
uncertainties. Other risks and uncertainties include but are not
limited to, the effectiveness of cost containment measures and the
continuation of current levels of business activity, the impact of
competitive products, product demand and market-acceptance risks,
reliance on key strategic alliances, fluctuations in operating
results and cash flow and other risks detailed from time to time in
the company's filings with the Securities and Exchange Commission.
These risks could cause the company's actual results for the
current fiscal year and beyond to differ materially from those
expressed in any forward looking statements made by, or on behalf
of, the company.
(MM) (NASDAQ:TRAK)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
(MM) (NASDAQ:TRAK)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024