DealerAdvance Drives Home a Winner at Vegas Auto Show
ADDISON, Texas--DealerAdvance™, Inc. (OTCBB:DLAV), developers of proprietary Internet applications for the automotive retail industry, announced today that as a result of newly booked orders taken at the recent NADA Las Vegas Convention, they expect yearly revenues to jump by better than $450,000 to a total of $1.65 million and an estimated total of $5.45 million over the next 12 months.
“Interest in our new WebDA™ product was phenomenal,” said Steven Humphries, Chairman/CEO, in an analyst conference. Humphries also said, “We met with many dealers and dealer principals at the convention and feel confident that we’ll generate significant revenue as a result.” The company projects that nearly 35 new dealerships will use WebDA™ to operate with this year, the result of attendance at the convention meetings.
The new software which debuted at the NADA earlier this month will transform DLAV from a hardware driven company to a software driven company, and bring Dealerships throughout the country easy, cost effective access to programs necessary to run their dealerships. The software will allow dealerships to run programs without a heavy investment in new hardware, which was previously required with DealerAdvance™.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.