Western Washington Toyota Dealers Association Selects Reynolds and Reynolds'
DAYTON, Ohio--Aug. 1, 2001--On Average, Automark Technology Drives 50 Percent Increase in On-line
Vehicle Sales Versus Other Approaches
The Reynolds and Reynolds Company today announced it has signed a two-year agreement with the Western Washington Toyota Dealers Association (WWTDA) naming it the core Internet technology partner for WWTDA's 19 member dealerships. As part of the agreement, Reynolds will provide WWTDA's dealer members with its Automark Web solutions, including customized Web sites and complete training services.
"Our association selected Reynolds' Automark Web services not only because they deliver the best Internet solutions in the industry, but also because of their vast experience and expertise in automotive retailing," said Bob Bridge, president of the WWTDA. "Any organization can plug into higher technology, but it's Reynolds and Automark who provide the understanding so vital to making the technology work in the automotive retailing environment.
"Our dealer members are excited to begin using this new Web site technology to help advance their Internet initiatives and better serve their customers," added Bridge.
"Reynolds' industry expertise and custom-designed Automark solutions will deliver increased leads, improved response times and advanced reporting to WWTDA's dealer members," said David Boice, founder of Reynolds' Automark. "The end result will be increased dealership efficiency and profits through improved repeat and referral business."
"It feels good to know that Automark technology is once again the clear choice of another leading automotive group. We are excited about working with the WWTDA dealer members," said Boice. In addition to WWTDA, Reynolds recently announced an agreement with Southeast Toyota Distributors, LLC, the largest independent distributor of Toyotas in the world, to provide world-class service and Web-based technology from its Automark suite of solutions.
Reynolds and Reynolds, headquartered in Dayton, Ohio, is the leading provider of integrated information management solutions to the automotive retailing marketplace. The company's services include a full range of retail and enterprise management systems, networking and support, e-business applications, Web services, learning and consulting services, customer relationship management solutions, document management and leasing services. To find out more about the company, its vision, products and services, visit www.reyrey.com.
Certain statements in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on current expectations, estimates, forecasts and projections of future company or industry performance based on management's judgment, beliefs, current trends and market conditions. Forward-looking statements made or to be made by or on behalf of the company may be identified by the use of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions. Forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed, forecasted or implied in the forward-looking statements. See also the discussion of factors that may affect future results contained in the company's Current Report on Form 8-K filed with the SEC on August 11, 2000, which we incorporate herein by reference. The company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.