ChoiceParts, LLC Announces Exclusive Agreement for OnStation Corporation's CarStation Commerce System and CarStation.com
CHICAGO--Feb. 20, 2001--ChoiceParts, LLC, the professional's auto parts network, announced today that it will shortly assume exclusive rights to commercialize the industry leading CarStation CommerceSystem(TM), a product of the OnStation Corporation.
Under the arrangement, ChoiceParts will become the exclusive source for providing the CarStation CommerceSystem(TM) (CCS), an integrated Internet-based parts management and communication system that enables automotive collision repair professionals and their parts suppliers to transact and communicate online.
ChoiceParts, founded through a partnership among automotive and collision industry leaders CCC Information Services Inc., the Dealer Services and Claims Solutions Groups of Automatic Data Processing, Inc., and the Reynolds and Reynolds Company, will be the sole marketer and distributor of CCS to the collision repair industry.
As part of the agreement, ChoiceParts also will acquire the CarStation.com e-commerce hub and its customer base of automotive parts dealers, recyclers and collision repair shops. The transaction is expected to be complete within two months.
The agreement solidifies ChoiceParts's position as the industry leader in providing automotive retailers and repair specialists an integrated, online parts solution by enabling the company to expand its presence in the collision repair industry and strengthen its position as the professional auto parts network for the automotive industry.
The agreement also affirms OnStation's position as a leading provider of Internet-based software to service, sales and distribution channels. Following the closing of the transaction, OnStation will focus its operations on developing and deploying enterprise software solutions.
"The CarStation transaction allows ChoiceParts to take our proven sell-side system to the next level," said Chan Galbato, chief executive officer, ChoiceParts, LLC. "Our current dealer product has been a great success. The ability to offer a comprehensive collision shop interface, combined with the ChoiceParts dealer product, delivers to our customers what they need - an integrated way to reduce cycle time, increase customer service and reduce parts delivery time."
ChoiceParts currently offers an Internet-based solution that enhances the ability of car dealers and repair shops to provide quality, cost-effective repair services to consumers. The integrated approach of ChoiceParts's virtual auto parts exchange enables buyers and sellers in the parts supply chain to deliver higher customer satisfaction rates across the automotive and collision repair industries.
"As a result of ChoiceParts's extensive relationships and customer base, OnStation is extremely excited that ChoiceParts will accelerate the already strong growth of CCS as the standard for business-to-business e-commerce in the collision repair industry," said Charlie Moore, chief executive officer, OnStation Corporation. "We are committed to providing the best software solutions to industry-leading companies, and we look forward to having ChoiceParts as a long-term business partner."
About OnStation
OnStation is a leading provider of Internet-based software that enables service, sales and distribution channels to operate more profitably.
About ChoiceParts, LLC
ChoiceParts is an independent company that offers automotive retailers and collision repair specialists a private, online B2B exchange to help them locate, buy and sell auto repair parts with unprecedented speed, accuracy, knowledge and convenience. The integrated approach of ChoiceParts's virtual auto parts exchange enables buyers and sellers in the parts supply chain to deliver higher customer satisfaction rates across the automotive and collision repair industries. Additional information about the company is available at www.choiceparts.com.
SOURCE: ChoiceParts, LLC