DealerTrack Announces Armored Tire USA and Charter Warranty to Join Web-Based Aftermarket Network
30 5월 2006 - 11:00PM
PR Newswire (US)
Dealers to Benefit From Free Web Access to Additional Aftermarket
Providers LAKE SUCCESS, N.Y., May 30 /PRNewswire-FirstCall/ --
DealerTrack Aftermarket Services, Inc. today announced that Armored
Tire USA and Charter Warranty have agreed to join the DealerTrack
Aftermarket Network (TM), the industry's first independent provider
of real-time aftermarket contract rating and quote generation.
Armored Tire USA, a leading provider of 24-hour emergency tire road
hazard service nationwide, and Charter Warranty, a leading provider
of engine transmission insured warranty programs, will join seven
other participating aftermarket providers signed to the network,
including Life of the South, LoJack, Old Republic Insured
Automotive Services Inc., Ultimate Warranty, Warrantech and Phoenix
American/Wynn's Tire. The DealerTrack Aftermarket Network will
provide dealers free access to real-time information on aftermarket
vendors' products and services, and is expected to launch in summer
2006. "While selling aftermarket products can be an important
source of profit for dealerships, existing aftermarket rate and
product guides can be difficult to understand and are too often out
of date," said David Trinder, president of DealerTrack Aftermarket
Services, Inc. "The DealerTrack Aftermarket Network will provide
dealers with easy access to updated 'live' information on available
options for each vehicle and deal. By joining the Aftermarket
Network, Armored Tire USA and Charter Warranty will be able to
further penetrate their markets and boost customer satisfaction,
all while reducing contract errors and cutting administrative
costs." All categories of aftermarket products will be represented
on the network, including extended service contracts; GAP, etch,
credit life and disability insurance; and vehicle recovery systems.
Since the Aftermarket Network will be fully integrated within the
DealerTrack platform, both dealers and aftermarket providers
benefit from improved accuracy and elimination of duplicate data
entry. Dealers also benefit from fewer chargebacks for inaccurate
or incorrect aftermarket contract information. "We are excited to
take part in the DealerTrack Aftermarket Network," said Judith
Gosselin, president of Armored Tire USA. "Our nationwide tire road
hazard coverage leads the market, and with the expanding dealer
base that Dealer Track offers, we now provide mutually beneficial
services easily and efficiently to dealers. Joining the DealerTrack
Aftermarket Network is another way Armored Tire USA is showing its
commitment to providing unparalleled customer service and
satisfaction to our dealers and their customers." "Charter Warranty
is pleased to gain access to such a wide-ranging group of dealers
through the DealerTrack Aftermarket Network," said Paul Pawlusiak,
president of Charter Warranty. "Through the DealerTrack Network,
the AUTOSAVE warranty program, which works to protect a vehicles'
engine transmission, can now be presented to thousands of customers
every day around the country. The DealerTrack Aftermarket Network
is a great way for Charter Warranty to reach our audience and
inform customers about the crucial benefits of our warranty
product." About DealerTrack DealerTrack Aftermarket Services, Inc.
is a subsidiary of DealerTrack Holdings, Inc. (NASDAQ:TRAK), 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 over 21,000 dealers with more than
225 financing sources and other service and information providers.
DealerTrack Aftermarket Services is a leading provider of
aftermarket product sales and administration solutions. DealerTrack
eMenu(TM) and the DealerTrack Aftermarket Network streamline the
process of pricing, presenting and contracting aftermarket products
for automotive retailers. For more information on DealerTrack's
integrated products and services, visit
http://www.dealertrack.com/. About Armored Tire USA Armored Tire
USA offers 24-hour emergency tire road hazard service nationwide.
Their representatives have over 35 years of combined experience in
the RV, auto and insurance industry. Armored Tire USA offers
coverage on a wide range of new and used vehicles. For more
information, visit http://www.armoredtire.com/. About Charter
Warranty Charter Warranty's AUTOSAVE program is a 5 year /100,000
mile drivetrain product warranty for any year or any mileage new or
used vehicle*. The AUTOSAVE warranty is underwritten by an A-rated
carrier and covers parts and labor and provides a towing and rental
car benefit. Charter Warranty is an ISO 9001: 2000 certified,
authorized warranty administrator. Comprehensive administration of
claims and product fulfillment is performed in-house at Charter
Warranty's Farmington Hills, Michigan, corporate offices. For more
information, visit http://www.autosave.com/. Safe Harbor for
Forward-Looking and Cautionary Statements Statements in this press
release regarding DealerTrack's appearances at conferences and all
other statements in this release other than the recitation of
historical facts are forward-looking statements (as defined in the
Private Securities Litigation Reform Act of 1995). 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, the inability to execute any element of
DealerTrack's business strategy, including the launch of the
DealerTrack Aftermarket Network and selling additional products and
services to existing and new customers; DealerTrack's success in
expanding its customer base and product and service offerings and
integrating acquisitions; the impact of the automotive retail
industry on DealerTrack's business; the impact of some vendors of
software products for automotive dealers making it more difficult
for our customers to use our products and services, and other risks
listed in the Company's reports filed with the SEC, including
DealerTrack's 2005 Form 10-K. These filings can be found on
DealerTrack's website at http://www.dealertrack.com/ and the SEC's
website at http://www.sec.gov/. Forward-looking statements included
herein speak only as of the date hereof and the Company disclaims
any obligation to revise or update such statements to reflect
events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events or circumstances. CONTACT: Liz
Zale DealerTrack, Inc. (516) 734-3758 Kirsten Plonner RF|Binder
Partners (212) 994-7546 DATASOURCE: DealerTrack CONTACT: Liz Zale
of DealerTrack, Inc., +1-516-734-3758, ; or Kirsten Plonner of
RF|Binder Partners, +1-212-994-7546, , for DealerTrack Web site:
http://www.armoredtire.com/ Web site: http://www.autosave.com/ Web
site: http://www.dealertrack.com/
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