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Thursday, February 28, 2008 6:47:14 AM
DEALERADVANCE (OTCBB: DLAV) "Up 47.06% on Wednesday"
Detailed Quote: http://www.otcpicks.com/quotes/DLAV.php
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 the only hand-held technology that is 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. The new web based hand-held application allows sales people to desk a deal from anywhere on the lot and allows management access from off the lot, which creates complete accountability for the dealers operations.
DLAV News:
February 27 - DealerAdvance Signs Hi Stakes Contract with Hi Octane Solutions
DealerAdvance, Inc. (OTCBB: DLAV) announced that the company has signed a Distribution Agreement with Hi Octane Solutions for representation in Michigan, Ohio, Indiana, Arizona, New Mexico and Colorado. Company CEO, Steve Humphries, projects as much as $2 million in sales in the next 12-18 months as a result of this Distribution Agreement. Meetings at the NADA Convention in San Francisco this month have spurred negotiations with automotive product distributors exposing the company's hand-held WebDA product to potentially thousands of new car dealers across the USA.
Steven Humphries, DealerAdvance CEO said, "We came away from an extremely successful NADA meeting which has opened the doors for the Company to access thousands of dealerships." Humphries added, "This is the first of several agreements that are expected to be signed in the next 30-60 days and we expect that WebDA will quickly attain a dominant position in the CRM automotive market place."
High Octane President & CEO Jeremy Gould commented, "We are very excited about offering the WebDA hand-held product to our dealer network. Our sales group is highly impressed with the new WebDA hand-held product we saw at the NADA show, we are now going to represent this CRM product exclusively and expect to bring on-line 30-50 dealerships."
WebDA is the newest iteration of DLAV's hand-held "CRM" application. The new hand-held application allows sales people and dealers to access their sales operation (daily appointments set, deals pending, deals closed, demos, individual work plans, etc.) on or off the lot - which allows management to view hour-by-hour activities of the dealership from virtually anywhere at anytime. According to Humphries, it's accountability at its best. Dealers that have utilized the original DealerAdvance system have shown a 90% increase in captured customer data and a 30% increase in appointment setting. The new hand-held application will have and even greater impact on sales. "It's all about sales," says Humphries. "Theirs and ours."
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