Salt Lake City Toyota Dealers Association Selects Reynolds and Reynolds' Automark as Its Internet Technology Partner
DAYTON, Ohio--Aug. 13, 2001--Reynolds' Automark Continues to Lead Industry in Bringing Automotive
Retailers Best-in-class Web Technologies
The Salt Lake City Toyota Dealers Association (SLCTDA) today named Automark from The Reynolds and Reynolds Company as its core Internet technology solution. As part of a two-year agreement, Reynolds' Automark will provide SLCTDA's dealer members with its customized Web site solution, replacing the services previously provided by the Cobalt Group.
"After an exhaustive review of all available options, Reynolds' Automark solution was the clear choice to be the Internet technology provider for our dealer members. Their leading-edge technology and world-class customer support is unmatched in the industry," said Tony Divino, president of the SLCTDA. "We feel this new partnership will greatly enhance our dealer members' e-commerce initiatives."
"We are extremely pleased to be providing SLCTDA dealer members with enhanced functionality and technology that is so critical to operating a successful Web site in today's competitive automotive retailing industry," said David Boice, founder of Reynolds' Automark. "With Automark, SLCTDA dealer members will be able to provide consumers with highly organized, user friendly on-line experiences, resulting in increased repeat and referral business for the dealers."
Automark continues to lead the automotive retailing industry in bringing the best-in-class technology and training to help retailers realize "real" results with their Internet initiatives. On average, dealerships using Reynolds' Automark solution sell 50 percent more vehicles on-line than they did prior to utilizing Automark services.
"Automark Web sites are designed with the goal of achieving the highest lead submission rate in the industry. By attracting the most leads of the highest quality, dealerships will successfully sell more profitably on-line while growing and maintaining a strong customer-for-life base," said Boice.
In addition to SLCTDA, Reynolds recently announced agreements with Southeast Toyota Distributors and the Western Washington Toyota Dealers Association to provide world-class service and Web-based technology from Automark.
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.