Spectre Industries, Inc. -- Grant Automotive Group Named Rep Agency for iSolve Incorporated in Canadian Automotive Aftermarket
23 August 2000
Spectre Industries, Inc. -- Grant Automotive Group Named Rep Agency for iSolve Incorporated in Canadian Automotive Aftermarket
TORONTO--Aug. 23, 2000--Spectre Industries, Inc., (OTCBB:STND) today announced that Grant Automotive Group, Inc., ("Grant Auto") a wholly-owned subsidiary of Spectre has been hired by US-based iSolve Incorporated to be iSolve's exclusive rep agency for the Canadian automotive aftermarket.The agreement enables Grant Auto to provide its customers with a wider array of options for buying or selling surplus, by gaining access to iSolve's Web site, iSolve.com. iSolve benefits through broader exposure to Canadian markets.
Grant Auto, has particular expertise in the automotive aftermarket. iSolve, through its Web site, provides a business-to-business marketplace for surplus goods and excess assets, including corporate barter and Web currencies. iSolve is a leader in managing surplus inventories for major manufacturers and wholesale distributors worldwide.
"This agreement with iSolve will offer tremendous benefits to our wholesale distributors, jobbers, buying groups and dealers across Canada," said John Grant, of Grant Automotive Group. "Now, they'll be able to tap into the expansive reach and business efficiencies of the Internet, whether it's to move excess inventory more quickly as sellers or to uncover new opportunities as potential buyers."
"We were looking to partner with a proven, credible, best-of-breed provider and Grant Brothers represented an ideal fit for us," said Duncan McLean, global accounts manager at iSolve. "This alliance gives us a valued foothold in the Canadian market and heightens exposure for our surplus disposition capabilities and alternative settlement solutions, including corporate barter and Web-based currencies."
About iSolve Incorporated
Headquartered in Stamford, Conn., iSolve facilitates successful e-commerce transactions for surplus inventory, idle capacity and excess assets throughout the world by offering financial and trade solutions including corporate barter and Web currencies to Web partners. iSolve guarantees that any item listed on its site will receive an offer within 30 days. iSolve helps customers buy, sell and barter surplus inventory and idle assets while providing them the opportunity to leverage the company's extensive vertical and merchant expertise in creating value from unproductive goods, and through its strategic partners, offers comprehensive services for end-to-end merchandising, settlement, logistics and distribution management. For more information about iSolve, call 877/476-5837, or visit its Web site at www.iSolve.com.
This release contains certain forward-looking statements which involve known and unknown risks, uncertainties and other factors not under the Company's control which may cause actual results, performance, achievements of the Company to be materially different from the results, performance of expectations implied by these forward-looking statements. These factors include, but are not limited to, the limited liquidity and the limited operating history of the Company.