Protective's Asset Protection Division to Join DealerTrack Aftermarket Network(TM)
27 6월 2006 - 7:00AM
PR Newswire (US)
LAKE SUCCESS, N.Y., June 26 /PRNewswire/ -- DealerTrack Aftermarket
Services, Inc. today announced that Protective's Asset Protection
Division has agreed to join the DealerTrack Aftermarket
Network(TM), the industry's first independent provider of real-time
aftermarket contract rating and quote generation. Protective's
Asset Protection Division, a leading provider of extended service
contracts, guaranteed asset protection (GAP), and credit/disability
insurance, is the tenth aftermarket provider to be signed to the
network. Other participating providers include Armored Tire,
Charter Warranty, Life of the South, LoJack, Old Republic Insured
Automotive Services Inc., Ultimate Warranty, Warrantech and Phoenix
American/Wynn's Extended Care. The DealerTrack Aftermarket Network
provides dealers free access to real-time information on
aftermarket vendors' products and services, and will include all
categories of aftermarket products. DealerTrack's online rating and
contract functionality creates a faster process, improves accuracy,
and eliminates duplicate data entry. The network is now active with
one provider and others will be going live in the near future. "We
are very pleased to welcome Protective to the DealerTrack
Aftermarket Network," said David Trinder, president of DealerTrack
Aftermarket Services, Inc. "Providing real-time data on available
options for each vehicle and deal through the DealerTrack platform
will boost Protective's efficiency and customer satisfaction. This
is a dramatic improvement from the paper-based rate guides and
contracting process and will reduce delays and errors, benefiting
dealers and aftermarket providers." 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 Protective Protective's
Asset Protection Division is one of the five operating divisions
within Protective. The Asset Protection Division offers its
products and services through automobile, marine, RV, and power
sports dealers. Through these business partners, the Asset
Protection Division offers consumers protection against unwanted
losses they may experience after purchasing and financing major
consumer assets such as automobiles, boats and recreational
vehicles. The Asset Protection Division is consistently investing
in superior products and services through underwriting,
administering and marketing its own programs. These programs
include extended service contracts, GAP coverage, and credit
insurance. Asset Protection Division Highlights * Extended Service
Contracts that offer terms and coverage for both new and pre-owned
vehicles, including limited warranties and WRAP products * GAP
coverage that provides your customers with worry-free driving,
while you earn their loyalty and repeat business * A credit
insurance program with a solid track record of increasing a
dealership's bottom line * F&I training programs that bring
your dealership the most current techniques and styles to help you
achieve a competitive edge, while maintaining customer satisfaction
To learn more about Protective, call 800.794.5491. Safe Harbor for
Forward-Looking and Cautionary Statements Statements in this press
release regarding the DealerTrack Aftermarket Network 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 Aftermarket
Services, Inc. CONTACT: Liz Zale of DealerTrack, Inc.,
+1-516-734-3758, ; or Kirsten Plonner of RF Binder Partners,
+1-212-994-7546, , for DealerTrack, Inc. Web site:
http://www.dealertrack.com/
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