Arkona Completes Integration and Certification with RouteOne.RouteOne's Credit Application Management System Now Available to All Arkona Dealers SALT LAKE CITY -- Arkona Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ARKN), the leader in on-demand solutions for new car franchise, independent, and powersports dealerships, announced today that it has become an integration partner of RouteOne LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a joint venture between the captive finance arms of General Motors, Ford, DaimlerChrysler, and Toyota. RouteOne creates a streamlined credit application process for automobile dealers and their customers. The RouteOne application enables dealers and their finance sources, including captives and independent lenders, to manage the credit application and consumer financing process online, all from a single desktop. The integration between Arkona and RouteOne will create a high level of efficiency for participating dealerships by eliminating the need to enter application data in multiple systems. The integration also powers a robust reporting suite. All of this is available at no incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. charge to Arkona and RouteOne customers. "We provide dealers with a single access point to our ever-increasing network of lending sources, simplifying the automotive finance process," said Mike Jurecki, RouteOne CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Arkona's momentum and quality image in the marketplace made integration an easy choice and a big win for a significant number of our dealer customers." "Having RouteOne integrated with the Arkona DMS (1) (Document Management System) See document management. (2) (Defense Messaging System) An X.500-compliant messaging system developed by the U.S. Dept. of Defense. addresses a critical need and helps streamline our F&I department where we process an average of 1,500 vehicles each month," stated John Schomburg, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. , Woodhouse Auto Family. "Arkona continues to push the edge by quickly and cleanly integrating their DMS with third-party products we have deemed necessary to our operations. The Arkona interface with RouteOne is used daily at our Ford dealership and we greatly anticipate having the same capability at our Chrysler dealership." Using RouteOne, Arkona dealers and their finance sources are better positioned to manage the complexities of their business. Currently, RouteOne offers approximately 21,500 dealerships access to 66 finance sources throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "Many Arkona dealers have requested that we provide access to RouteOne's web-based network. With RouteOne integration complete, Arkona dealers and their finance sources can easily exchange credit application and decision information in real-time," stated Alan Rudd, CEO, Arkona. "In the busy dealer environment, finance sourcing response time is now minutes instead of hours and the status of outstanding credit applications can be quickly determined." The RouteOne integration is based on industry standard security and messaging requirements. This includes HTTP HTTP in full HyperText Transfer Protocol Standard application-level protocol used for exchanging files on the World Wide Web. HTTP runs on top of the TCP/IP protocol. connectivity, security (SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. and digital signature), SOAP and STAR XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. . Dealers can arrange to activate the RouteOne integration by calling Arkona Sales at 800-429-3375 or via email at sales@Arkona.com About RouteOne RouteOne was formed in 2002 to create a more streamlined credit application process for automobile dealers and their customers. RouteOne also provides a single point of access for dealer credit applications to some of the largest auto lenders and banks in North America. RouteOne offers dealers a common platform for submitting credit application information to the multiple finance sources with which they do business. Automotive dealers and their finance sources can exchange credit application and credit decisions in near real-time using RouteOne's web-based network. More information is available at www.routeone.com. About Arkona Inc. Founded in 1996, Arkona is a public company and a leader in automotive management solutions. Arkona's Dealer Management System also 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 the premier Application Service Provider (ASP). For more information visit the Arkona Web site at www.Arkona.com This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance 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 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. |
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