eAutoclaims Offers a New Member Benefit to Their Network of Independent Body Shops
eAutoclaims Offers a New Member Benefit to Their Network of Independent Body Shops
SANFORD, Fla., and PALM HARBOR, Fla., July 10 eAutoclaims (OTC Bulletin Board: EACC) has announced today a new member benefit offered to their network of independent body shops. Through their exclusive agreement with Parts.com, eAutoclaims will now guarantee a line of credit to qualified network body shops that order online through Parts.com. The guarantee will be available on all eAutoclaims repair jobs. eAutoclaims has contracted over 2,700 network body shops that will be able to utilize Parts.com's 1,300 nationwide dealers network to procure OEM collision, mechanical, and accessory parts with localized delivery. Parts.com works exclusively through eAutoclaims to bring value to the insurance claims industry. Eric Seidel, President and CEO of eAutoclaims, commented, "eAutoclaims is committed to offer meaningful benefits to our independent network of body shops. This program will help them maintain a competitive edge in a market of consolidation. With EACC handling the repair process and payment, we are able to guarantee this line of credit from Parts.com. Our shops will also enjoy a discount on OEM parts as part of this eAutoclaims Member Benefits Program. In most cases, these discounts will go beyond their current wholesale pricing and provide for local delivery." The new program is expected to begin rollout in the state of California and will start in the coming weeks. EACC plans to roll the program out nationwide to all network member shops by the end of the year. Shops interested in participating should contact the Vendor Management Department at eAutoclaims. About eAutoclaims: eAutoclaims is a pioneering business-to-business Internet infrastructure company that utilizes the Internet to streamline and lower the overall cost of automotive repairs paid by insurance companies and on corporately owned fleet vehicles. The Company is creating a new online digital automotive maintenance organization industry within the $23 billion market of the auto collision claim industry. eAutoclaims is establishing itself as the pre-eminent Application Service Provider for the automobile insurance industry, providing seamless back-end infrastructures that link thousands of collision repair shops and/or glass repair facilities into a network. The Company offers a cost-effective and highly advanced "Bricks to Clicks(TM)" Claims System for the processing and ultimate repair of damaged vehicles as insured auto claims and by self-insured fleets. eAutoclaims generates revenue from administrative fees and discounts earned by processing collision & glasswork through its system. This announcement contains "forward-looking statements." Words such as "anticipate," "believe," "estimate," "expect" and other similar expressions as they relate to the Company and its management are intended to identify such forward-looking statements. Although the Company and its management believe that the statements contained in this announcement are reasonable, it can give no assurances that such statements will prove correct. Factors that could affect the occurrence of events or results discussed herein are included with those mentioned in the Company's filings with the Securities and Exchange Commission.