ARKONA Announces Fully Integrated Used Car Dealership Management Solutions Based On ASP Model.Business Editors/Automotive & High-Tech Writers SALT LAKE CITY--(BUSINESS WIRE)--April 11, 2001 Pricing and Maintenance Strategy Targeted to Independent Car Dealers that Need Technology to Control Costs, Inventory and Customer Service ARKONA(R) Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ARKN) a technological leader in fully integrated dealer management solutions, Wednesday announced powerful new dealer management solutions for the used car market. This suite of applications is fully integrated and specifically designed for the needs of used car dealerships This article is about car dealerships. For the indie pop band, see Dealership (band). A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or -- with many of the advantages of ARKONA's new car dealership system. It gives the used car dealer more control of the critical parts of their business such as vehicle inventory, accounting, payroll and customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ). The used car suite is based on ARKONA's new ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). (Application Service Provider) model so there are no upfront server hardware costs, and the applications are accessed through any Internet browser See Web browser. ensuring that even lower volume dealers can afford state-of-the-art software. "ARKONA's suite for used car dealerships allows people to focus on selling cars rather than worrying about entering data into an F&I package, and then wrestling wrestling, sport in which two unarmed opponents grapple with one another. The object is to secure a fall, i.e., cause the opponent to lose balance and fall to the floor, and ultimately to pin the supine opponent's shoulders to the floor, through the use of body with non-integrated spreadsheets The following is a list of spreadsheets. Freeware/open source software Online spreadsheets
"It also offers used car dealers the industry's leading analysis and reporting tools that are simple to use." ARKONA's used car dealer management solutions include a fully integrated package of applications that manage payables, financial reporting, general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. and the entire business office including F&I, full tax reporting and showroom management. It is simple and easy to add other applications for dealers that offer parts and service. Industry leading technical support by experienced technicians, training and product enhancements are also part of the solution. ARKONA uses industry standard laser printing technology so there are no additional charges for the necessary ongoing business forms. "The ARKONA system will save us a significant amount of time in just data entry," said Fadi Samhouri, general manager, Quality Auto Sales Auto Sales The major producers of domestic automobiles report sales monthly. These numbers are seasonally adjusted by the U.S. Department of Commerce and are available to the public one to five business days after the end of each month. . "With our previous system, when we sold a car we had to enter the information four times to complete the paperwork. With ARKONA we enter the information once, and the completely integrated software Separate software components or applications that have been combined into one package. See integrated software package. takes care of the rest. "We also see value in the regularly scheduled, automatic backups handled by ARKONA technicians." The new used car suite is based on ARKONA's leading-edge ASP model, meaning that the applications are hosted at a secure facility and accessed through the Internet. The system is completely installed and maintained by ARKONA engineers and technicians at a site with the latest security features and hardware redundancy. The ASP model also has unique remote management capabilities that allow the dealer to access information from virtually any PC. "Because the ARKONA system is Internet accessible," continued Samhouri, "I can get real time information about the dealership from home or anywhere. When I am out of town I can check the performance of the store as often as I choose. I also can maximize my personnel because one F&I manager can handle several stores without leaving his desk. This can definitely save us money." The ARKONA system is built on the latest database technology so all past and present information is always instantly available. The result is that it delivers unmatched analysis capabilities. For example, the dealer or manager can track inventory quickly and drill down into each deal to track the exact cost of the car and how long it has been on the lot. Each customer and potential customer can be tracked to analyze buying patterns and ways to improve marketing and sales efforts. Pricing and Availability ARKONA's used car dealer management package is available now. The price of the software license is a one-time fee of $2,500 and the ongoing cost is based on the number of retail cars sold each month. Sixty or more per month is $19 per retail car sold, 31 to 59 is $24 per car sold, and less than 30 is $29 per car sold. For more information on this and other ARKONA solutions call 866/478-6364 or 801/501-7100, or go to www.arkona.com for the sales representative in your area. About ARKONA Founded in 1996, ARKONA is a public company and a leader in integrated information management and data distribution solutions for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . ARKONA's Ensign Dealer Management Suite leads the market in technologically superior e-business solutions for automotive dealers that fully integrate back office systems with a retail Web presence. In this market ARKONA is one of the first premier Application Service Providers (ASP). For more information visit the ARKONA Web site at www.arkona.com. This release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. as well as historical information. Forward-looking statements, which are included in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, may involve known or unknown risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. Such factors include the risks that demand for our Ensign Dealer Management Suite will not continue to grow. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events. ARKONA is a registered trademark. All other trademarks and registered trademarks are the property of their respective owners. |
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