Automotive Technical Resources Completes First-Round Venture Funding
3 January 2001
Automotive Technical Resources, Inc. Completes First-Round Venture FundingTROY, Mich., Jan. 3 Automotive Technical Resources, Inc. (ATRi), a leading provider of automotive diagnostics and integrated information delivery systems, announced today the completion of a $2 million round of venture funding. The funding resulted in the successful launch of its system ATRisys(TM), a just-in-time, Internet-supported wireless computer for use in automotive service applications. ATRisys supports ATRi's flagship Smart Service Systems by integrating management information, service information and training systems into one complete package. "The first round of venture funding was incredibly successful with the launch of ATRisys(TM), and we look forward to the next level of success as we continue into the next phase of our strategic plan," said Nicholas A. Cocco, Chairman and CEO of ATRi. ATRi creates unique systems to troubleshoot problems with today's automobiles and trucks. The company has a team of certified staff specializing in management process and technical process engineering. ATRi also offers CASE certified, complete, comprehensive educational training programs designed to increase the proficiency of automotive management and technicians as well as evaluation of current skill level. Through its various programs and operational platforms, ATRi can significantly increase the profits of an automotive service facility by providing the facility's employees with process, information and both the hard and soft skills needed to increase service department efficiency and effectiveness as well as deliver it in a manner that is customer friendly. With ATRi's unique and compelling systems to significantly increase its customers' profitability, the company's growth potential is unlimited. With over 250,000 repair facilities in the United States alone, ATRi is targeting a multi-billion dollar industry.