LAKE SUCCESS, N.Y.,
Feb. 3, 2012 /PRNewswire/ --
DealerTrack (Nasdaq: TRAK) today launched DealerTrack
Mobile, a new mobile application that enables dealers to
securely manage and monitor finance and consumer credit application
activities in real-time from their mobile device.
(Logo:
http://photos.prnewswire.com/prnh/20101028/DEALERTRACKLOGO)
DealerTrack Mobile, which will be available for iPhones and
iPads, will give dealers unprecedented and secure access to their
indirect auto lending deals worked through the DealerTrack credit
application network. From this new mobile app, dealers can
check the status of credit applications and contracts, including
contracts-in-transit and funded agreements. In addition,
credit bureau scores, Red Flags and the U.S. Treasury's OFAC
(Office of Foreign Assets Control) compliance checks, and group
level activity can be viewed using the new DealerTrack Mobile
app.
"From the showroom and the F&I office to the general
manager's office and service department, we feel mobile technology
is going to be an integral part of a dealer's workflow, helping
drive efficiency and improve the overall automotive retail
experience. DealerTrack is at the forefront of preparing
dealers to meet this technology evolution," said Raj Sundaram,
senior vice president, DealerTrack. "With this latest mobile app
from DealerTrack, dealers will be able to make more informed
decisions and better manage their businesses. DealerTrack Mobile
will help dealers easily incorporate mobile innovation into their
operations, while creating the technology standard for the
dealerships of tomorrow."
According to Sundaram, "This new functionality from DealerTrack
joins a growing list of mobile tools and apps that will help
dealers make smarter business decisions. For example, our
award-winning DealerTrack eCarList TrueTarget app, which is a
complete mobile merchandising, appraisal and vehicle pricing tool,
has been embraced by cutting-edge dealers looking to leverage
mobile technologies and innovations, both inside and outside the
dealership."
For additional information about the new DealerTrack Mobile app
or to see screenshots of the app, please visit
www.dealertrack.com/mobile.
Individuals can also download the new DealerTrack Mobile app
directly from the Apple iTunes App
Store (search "DealerTrack"), or visit the DealerTrack booth
(#1751) at the 2012 NADA Convention and Expo in Las Vegas, February
4th – 6th, to download and demo the app. Android and
Blackberry versions of DealerTrack Mobile are expected to be
available later this year.
In addition, to help educate dealers on the power of mobile
technology in their dealerships, Len
Critcher, chief product officer, DealerTrack eCarList, will
be hosting a number of NADA University Workshops during the
convention. The workshops, "Eight Ways Mobile Can Improve Your
Bottom Line," will take place on Friday,
February 3rd, and Monday, February 6th. For additional
workshop details, please visit www.nadaconventionandexpo.org.
About DealerTrack (www.dealertrack.com)
DealerTrack's intuitive and high-value software solutions and
services enhance efficiency and profitability for all major
segments of the retail automotive industry, including dealers,
lenders, OEMs, agents and aftermarket providers. DealerTrack,
whose solution set for dealers is the industry's most
comprehensive, operates the largest online credit application
network in the United States,
connecting over 17,000 dealers with more than 1,100 lenders.
DealerTrack's Dealer Management System (DMS) provides dealers
with easy-to-use tools and real-time data access to enhance their
efficiency. DealerTrack's Inventory offerings provide vehicle
inventory management and merchandising solutions to help dealers
drive higher in-store and online traffic with state-of-the-art,
real-time listings - designed to accelerate used-vehicle turn rates
and increase dealer profits. DealerTrack's Sales and F&I
solutions allow dealers to streamline the entire sales process as
they structure deals from a single integrated platform. Its
Compliance offering helps dealers meet legal and regulatory
requirements, and protect their assets. DealerTrack also offers
additional solutions for the automotive industry, including
electronic motor vehicle registration and titling applications,
paper title storage, and digital document services. For more
information visit: www.dealertrack.com.
Safe Harbor for Forward-Looking and Cautionary
Statements
Statements in this press release regarding the benefits of
DealerTrack Mobile, 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 the adoption
by dealers of DealerTrack Mobile, the integration of DealerTrack
Mobile with DealerTrack's existing systems and other risks listed
in our reports filed with the Securities and Exchange Commission
(SEC), including our Annual Report on Form 10-K for the year ending
December 31, 2010. These filings can
be found on DealerTrack's website
at www.dealertrack.com and the SEC's website
at www.sec.gov. Forward-looking statements included herein
speak only as of the date hereof and DealerTrack 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.
TRAK-G
SOURCE DealerTrack