DLAV is "in play" tomorrow, anyway you want to slice it!!
DealerAdvance(TM) Announces Sales Success of WebDA(TM) Nov 13, 2007 8:00:00 AM Copyright Business Wire 2007
ADDISON, Texas--(BUSINESS WIRE)--
DealerAdvance(TM), Inc. (OTCBB:DLAV), developers of proprietary Internet applications for the automotive retail industry announced today that since the release of WebDA(TM), the web based version of DealerAdvance(TM), the company has booked in sales revenue of over $600,000. Steven Humphries, in an analyst meeting, announced that he expects to bring on-line an additional 20 clients boosting revenue to approximately $1.3 million by years end.
"WebDA(TM) is the product of six months R&D and another six months of trials," said Mr. Humphries. "WebDA(TM) 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(TM). Our goal is being realized and that is to quickly turn the company around and create shareholder value. The company expects to generate $1.3 million in revenue from the conversion of existing dealerships by the end of the year and an additional $5-$7 million for newly added dealerships by April 2008."
WebDA(TM) changes the platform of our company from being server dependent to a simple Internet product. The opportunity to earn millions from fast track sales promotions is now available for both DLAV and its dealerships. Dealers will no longer be required to purchase expensive hardware, as the application can be accessed and used from PCs anywhere, anytime."
VP of Sales, Dave Scaturro discussed the ease of conversion of existing accounts and his expectations for 2008, suggesting that growth during 2008 should put the company in the black. "The conversion of our DA clients and the addition of new clients is all but certain because of their already successful experience with DA and the much superior attributes, especially the accessibility, that WebDA(TM) software offers from a PC anywhere."
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(TM) 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(TM) allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
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