Asbury Automotive Partners With Reynolds and Reynolds' Automark Group.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--Jan. 18, 2001 The Reynolds and Reynolds Company (NYSE NYSE See: New York Stock Exchange :REY REY Religious Education for Youth ) New e-Business Partner to Provide Asbury Total Web Design and Services, Drive Business Results. Selection Based On Proven 50 Percent Increase in On-line Vehicle Sales With Integrated System. The Reynolds and Reynolds Company (NYSE:REY) today announced it has signed a two-year agreement with the Asbury Automotive Group Asbury Automotive Group is a Fortune 1000 company based in New York, New York, and was founded in 1995. This company operates auto stores and franchises. Asbury Automotive Group, Inc. naming Reynolds' Automark division as the exclusive provider of integrated Web site development, technical services and training to Asbury's 120 dealerships across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . As part of the agreement, Automark will provide the Asbury dealership platforms with customized Web sites and training services. Over the past year, Automark has helped many of the Asbury dealerships achieve success in their Internet departments. On average, the dealerships that have integrated Automark's technology and training sell 50 percent more vehicles on-line than they did prior to utilizing Automark's services. "Asbury needed a totally integrated turnkey solution for Internet technology and training. But more importantly, we needed a true e-business partner that could drive greater business results within our platforms. Automark was our obvious choice," said Donna Colorito, vice president of IT and E-commerce at Asbury. She added that Automark also is the first provider to bring all Asbury dealerships nationwide onto one uniform Internet system. "Prior to our agreement, our eight platforms all used different Web design and service providers. Automark and its superior training, technology and services was able to bring us all together as a group, which will ultimately help our enterprise serve customers better and grow revenues," said Colorito. "Asbury Automotive is a great example of a retailing enterprise that has achieved tremendous success and growth through superior customer satisfaction. Their organization is focused on redefining the customer experience by emphasizing superior customer service at every level, a strategy supported by their technology and comprehensive employee training," said Greg Collins Gregory Vincent Collins (born December 8, 1952 in Troy, Michigan) was a former professional American football player who played in three NFL seasons from 1975-1977 for the San Francisco 49ers, the Seattle Seahawks and the Buffalo Bills. , senior vice president of Reynolds Transformation Solutions. "With the new tools and training provided by Automark, Reynolds can help Asbury accomplish even greater success and growth by elevating customer satisfaction levels, increasing service business, and growing repeat and referral business. "Reynolds and Automark look forward to a partnership with the Asbury Group to continue to grow their e-initiatives profitably," added Collins. Asbury Automotive Group is the largest private automotive retailer in the United States with pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma 2000 revenue approaching $4.5 billion. The company is comprised of eight regional automotive groups located in Arkansas, Florida, Georgia, Mississippi, Missouri, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , Oregon, Virginia and Texas. In addition, the company co-founded Greenlight.com, the fastest-growing online car-buying Web site. Automark is part of Reynolds Transformation Solutions, and formerly a business unit of the HAC HAC Housing Assistance Council HAC Hill-Start Assist Control (automobiles) HAC Hearing Aid Compatible HAC Havre Athletic Club (Le Havre, France) HAc Acetic Acid HAC Honourable Artillery Company Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the world's leading provider of learning, customer relationship management and Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. to automotive retailers and manufacturers. The Reynolds and Reynolds Company acquired HAC in April 2000. For more information about Automark, go to www.automark.net or call 1-800-877-1840. Reynolds and Reynolds, headquartered in Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. , is the leading provider of integrated information management solutions to the automotive retailing marketplace. The company's services include a full range of retail and enterprise management systems, networking and support, e-business applications, Web services, learning and consulting services, customer relationship management solutions and leasing services. To find out more about the company, its vision, products and services, visit www.reyrey.com. Certain statements in this news release constitute forward-looking statements within the meaning 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. The forward-looking statements are based on current expectations, estimates, forecasts and projections of future company or industry performance based on management's judgment, beliefs, current trends and market conditions. Forward-looking statements made or to be made by or on behalf of the company may be identified by the use of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions. Forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed, forecasted or implied in the forward-looking statements. See also the discussion of factors that may affect future results contained in the company's Current Report on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. filed with the SEC on August 11, 2000, which we incorporate herein by reference. The company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. |
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