Reynolds and Reynolds Canada Supports Canadian Automotive Institute
5 June 2000
Reynolds and Reynolds Canada Supports Canadian Automotive Institute
MISSISSAUGA, Ontario--June 5, 2000--New Software, Hardware to Georgian College's CAI
Reynolds and Reynolds (Canada) Limited recently furnished and installed new automotive retailing software and hardware components at the Barrie Campus of the Canadian Automotive Institute (CAI) at Georgian College. Valued at nearly $200,000, the new components provide each CAI student the ability to manage his or her own simulated auto dealership, and are over and above the computer hardware and software previously provided to CAI by Reynolds.
"As the hub for professional development in the Canadian automotive retailing industry, the CAI must provide its students with current and up-to-date information management applications and systems. Reynolds Canada and its wide range of products and services helps to accomplish this," said Marie-Noelle Bonicalzi, director of the CAI. "Our nearly 10 year partnership with Reynolds Canada has contributed to allowing CAI to become Canada's center of academic excellence in automotive management training and education."
As part of its upgrade to the CAI dealership management lab, Reynolds Canada provided the latest versions of its industry-leading ERA2 retail management system and PartsVision(R) electronic parts catalog, as well as the necessary hardware to enable multiple-user access.
"Reynolds Canada recognizes our partnership with the CAI as an investment in the future of auto retailing," said Pierre Blais, vice president and general manager of Reynolds Canada. "By providing these students with the latest cutting-edge technologies, we are providing them with the tools necessary to forge ahead in the New Economy. This is another example of how Reynolds and Reynolds is positioned to lead the transformation of automotive retailing."
The Canadian Automotive Institute is an ambitious initiative undertaken by Georgian College in collaboration with and under the auspices of automotive associations, retailers and manufacturers across Canada. Students of CAI enroll in a three-year Business Administration: Automotive Marketing program. The program boasts a 98 percent graduate placement rate and a 100 percent co-op placement rate, and is taught in both English and French within a state-of-the-art academic facility at the Barrie Campus in Ontario.
Reynolds and Reynolds (Canada) Limited, headquartered in Mississauga, Ontario, is a wholly owned subsidiary of The Reynolds and Reynolds Company , headquartered in Dayton, Ohio (USA). Reynolds and Reynolds is intent on leading the transformation of worldwide automotive retailing with information management, eCRM and Internet solutions. The company reported revenues of $1.56 billion for the fiscal year ended Sept. 30, 1999. For more information on Reynolds and Reynolds, visit www.reyrey.com/auto/canada or call the Information Hotline at 1-888-4REYREY.
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, forcasted 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 February 9, 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.