Oxlo Systems and RouteOne Move Quickly to Deployments; Two DSP Integrations Certified, Dealer Deployments Receive Praise for Fast Results
FARMINGTON HILLS, Mich. & BROOMFIELD, Colo.--Oct. 1, 20051, 2005--Oxlo Systems and RouteOne LLC today announced significant progress in their efforts to integrate the dealer management systems (DMS) used by many automotive retailers with RouteOne's Credit Application Management System (CAMS), jointly owned by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services."In true partnership with Oxlo, we have moved from agreement, to certification, to deployment with great speed and effectiveness," said Mike Jurecki, CEO of RouteOne. "Together we have eliminated technology barriers and allowed dealers to focus on creating a better customer experience."
Oxlo Systems, which is the leading Dealer Communication Hub (DCH) solutions provider, reports that its "integrate once" approach to dealer communications has greatly accelerated and simplified the efforts of both Automotive Computer Services and MPK Automotive Systems to fully integrate their systems with RouteOne. Moreover, both Automotive Computer Services and MPK Automotive Systems have since been able to move into dealer deployments.
"Direct integration between the MPK system, which we use to manage most of our operation, and the RouteOne CAMS has already delivered significant gains in productivity and information flow within the dealership," said Bobby Hill of Commerce Chrysler. "More importantly, customers are moving more quickly through the financial paperwork, creating an environment where they are happier and we are closing deals faster and closing them more cost effectively."
As part of the ongoing partnership with RouteOne, Oxlo will continue to focus on working with at least six additional Dealer System Provider (DSP) partners, to integrate their DMS -- through the AutoTPX(TM) DCH -- with RouteOne thereby enabling more dealers to automate the submission of consumer credit applications. Oxlo is the first DCH provider to offer Financial Acceptance Network, DMS, and Dealer Communication Systems (DCS for factory-to-dealer communication) integration, which means that DSPs can integrate once and receive the benefit and leverage of multiple integrations with singular effort.
About RouteOne
RouteOne was formed in 2002 to create a more streamlined credit application process for automobile dealers and their customers. Jointly owned by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, RouteOne also provides a single point of access for dealer credit applications to some of the largest auto lenders and banks in North America. RouteOne offers dealers a common platform for submitting credit application information to the multiple finance sources with which they do business. Automotive dealers and their finance sources can exchange credit application and credit decisions in near real-time using RouteOne's web-based network. More information is available at www.routeone.com.
About Oxlo Systems
Oxlo Systems Inc., based in Broomfield, Colo., is the maker of AutoTPX(TM), the universal Dealership Communications Hub (DCH) designed specifically to improve the processes of buying, selling, servicing, and financing a car. By seamlessly connecting the various systems that drive the automotive retail business, Oxlo differentiates itself with an integration focus that allows dealerships and manufacturers to concentrate on customer relationships and system vendors on application development. Within the existing IT architectures of the dealership, these plug-and-play integration solutions, which support the STAR standard, provide the tools that allow dealers to increase sales and lower costs. Oxlo Systems is a privately held corporation and has received institutional financing from Mobius Venture Capital and Appian Ventures.
For more about Oxlo Systems visit www.oxlo.com.