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DealerTrack Selected by Dealers United as Preferred DMS Provider
National Purchasing Network for Automotive Dealers Embraces DealerTrack DMS for its Superior Capabilities and High-Value
Lake Success, N.Y. , October 17, 2012 - - DealerTrack (Nasdaq: TRAK) today announced the company has been selected as the recommended DMS provider for Dealers United, a national purchasing network for privately-owned automotive dealers.
As part of the agreement, Dealers United will market DealerTrack DMS as the recommended DMS solution to its entire network of nearly 5,000 franchised and independent dealers. DealerTrack DMS, based on a Software-as-a-Service (SaaS) delivery model, provides the real-time, on-demand data every dealer needs to run their business efficiently. Through its Open Track program, DealerTrack DMS can simply and seamlessly integrate with other existing third-party and OEM systems within a dealership, including Sales and F&I, and inventory management systems.
“Dealers United’s mission is to level the playing field for private dealers each and every day by finding the best products and services for our dealer members,” said Jesse Biter, co-founder, Dealers United. “The DealerTrack DMS is clearly a cut above the rest when it comes to solutions that both franchised and independent dealers need to run their businesses efficiently and profitably.”
“DealerTrack is a true dealer partner when it comes to DMS,” said Sharon Kitzman, vice president and general manger, DealerTrack DMS. “This endorsement by Dealers United will allow more dealers to cost-effectively experience the advanced technology and robust functionality of DealerTrack DMS.”
About DealerTrack (www.dealertrack.com)
DealerTrack's intuitive and high-value web-based software solutions and services enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, third-party retailers, agents, and aftermarket providers. In addition to the industry’s largest online credit application network, connecting more than 18,000 dealers with more than 1,200 lenders, DealerTrack delivers the industry’s most comprehensive solution set for automotive retailers, including Dealer Management System (DMS), Inventory, Sales and F&I, Interactive, and Registration and Titling solutions. 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 DMS, the benefits of the Dealers United Endorsement, 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 number of dealers that subscribe to DealerTrack DMS 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, 2011. 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.
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