eAutoclaims.com Announces New Operating Name
PALM HARBOR, Fla., March 26 eAutoclaims.com,
(OTC Bulletin Board: EACC) announced today the Company will operate under a
new name starting immediately. The Company's Board of Directors voted
unanimously to operate under the name of eAutoclaims, forgoing the dot-com
ending.
"The board of directors and management feel the new economy has become
better defined and our organization can best be described as an eCommerce
provider, not a dot-com," stated Eric Seidel, President and CEO. "The Company
has long struggled with the classification of a dot-com considering how much
of our services rely on our state-of-the art processing & call center and
staff of professional Repair Coordinators, Customer Service Reps. & Physical
Damage Auditors. The Company's back room has always been part of the added
value we bring to our clients, in addition to the Internet claims solutions we
provide."
The Company provides clients with online applications to manage their
claims and connects the user with the Company's national network of 2,300 body
shops and 4,100 auto glass repair providers. The Company has recently
expanded its Internet application to connect other service providers, such as
Independent Adjusting service with service partner IADA and rental car service
with Alamo Car Rentals. The Company continues with its basic philosophy of
service to "audit every line of every estimate."
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 own 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 filed as insured auto
claims and by self-insured fleets. eAutoclaims.com, Inc. generates revenue
from administrative fees and discounts earned by processing collision &
glasswork through its system.
Forward-looking statements involve known and unknown risks and
uncertainties. These and other important factors, including those mentioned in
various filings with the Securities and Exchange Commission, made periodically
by the Company (available to the public at http://www.sec.gov), may cause the actual
results and performance to differ materially from the future results expressed
in or implied by such forward-looking statements. The forward-looking
statements contained in this press release speak only as of the date hereof
and the Company disclaims any obligation to provide public updates, revisions
or amendments to any forward-looking statements made herein to reflect changes
in the Company's expectations or future events.
For further information: investor-relations@eautoclaims.com