Auto Data Network's CarParts Technologies Subsidiary Announces Contract to Provide Its Online Ordering System to Leading U.S. Tire Distributor and Dealer Network.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & TUNBRIDGE WELLS Tunbridge Wells: see Royal Tunbridge Wells, England. , U.K. -- Auto Data Network Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets: ADNW), a provider of software and real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. services to the worldwide 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. today announced that Royal Tire, Minnesota's largest privately-held independent retail, wholesale and commercial tire dealer, and its Tire One network of over 250 independent tire dealers in the upper Mid-West, have deployed CarParts Technologies' VAST(TM) POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale and OpenWebs(TM) online ordering software. CarParts' OpenWebs(TM) e-commerce Server has been deployed by Royal Tire to enable Tire One dealers to purchase tires from its warehouse distribution operations using a business-to-business online browser application A Browser Application is a computer software application that is coded in a browser-supported language (such as HTML, ASP, PHP, Perl, etc.) and reliant on a common web browser to render the application executable. . In addition, Royal Tire has gone operational with the ability to receive electronic hot shot and stock orders from Tire One and other independent tire and service outlets in its geographic markets that are running the CarParts VAST Point-of-Sale (POS) system -- a market leading POS used in over 2000 multi-store tire and service outlets across the country. "Applying this state-of-the-art technology will position us to take our business to an entirely new level," said Pat Duininck, president of Royal Tire. "We've already seen the benefits to our Tire One customers that have implemented VAST and are now ordering through OpenWebs directly to our warehouse over the internet." Based in St. Cloud, Minnesota St. Cloud (IPA: /ˌseɪntˈklaʊd/) is a city in the U.S. state of Minnesota and the major population center in the state's central region. As of the 2000 census, the city had a total population of 59,107. , Royal Tire is a leader in commercial and passenger/light truck tire sales and service in the Minnesota, Wisconsin, Iowa, North and South Dakota South Dakota (dəkō`tə), state in the N central United States. It is bordered by North Dakota (N), Minnesota and Iowa (E), Nebraska (S), and Wyoming and Montana (W). markets. Royal Tire represents major companies such as Bridgestone Firestone fire·stone n. 1. A flint or pyrite used to strike a fire. 2. A fire-resistant stone, such as certain sandstones. Noun 1. , Cooper, Bandag, Michelin and Toyo and delivers tires to over 750 retail outlets in the five states. Royal Tire also provides comprehensive tire services to over 500 truck fleets throughout the Midwest. "The Mid-West has become a hot-bed of online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. between distributors like Royal Tire and their Tire One and other customers," said Paul Van Den Berg Van den Berg is the surname of:
"This new platform addresses key business processes we identified as necessary to improve, in order to support our next five years of growth," said Duininck. "By improving our level of customer service, increasing our wholesale services efficiency, and by providing the industry leading VAST POS system for our Tire One customers, we believe we will be positioned to service our current customers better, and continue our expansion into other geographic markets." About Auto Data Network Auto Data Network is a group of established companies which provide software products and services to the automotive industry. The company's main customer base is the auto dealership marketplace. This marketplace consists of approximately 78,000 dealers in 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. and 92,000 dealers in Europe. The company estimates that this represents a $15 billion market for Software and Services specifically for auto dealerships. The company supplies a suite of software solutions and services that enable dealerships to run their businesses more efficiently whilst achieving considerable cost savings. The majority of the company's current solutions are focused on serving the aftermarket and finance areas of dealerships. These areas are of particular importance as the aftermarket business is responsible for 48% of a dealerships profit from 12% of their overall revenue. The second most profitable area is vehicle finance and insurance this area contributes 35% of profits from 2% of revenues. About CarParts Technologies Established in 1997, CarParts Technologies, Inc. is the leading provider of auto service, distribution and e-commerce software systems for the automotive aftermarket. The systems are used in more than 3,000 leading aftermarket outlets including the largest tire and auto service chains, warehouse distributors and independent installers. CarParts Technologies' comprehensive and robust systems allow companies to drive sales growth, operate more cost efficiently, accelerate inventory turns and maintain stronger relationships with suppliers and trading partners. For additional information on CarParts Technologies, please visit the website at www.carpartstechnologies.com. About Royal Tire Royal Tire is Minnesota's largest privately-owned independent retail, wholesale and commercial tire dealer. With 55 years in the business, Royal Tire distributes products from industry leaders such as Bridgestone Firestone, Cooper, Toyo and Bandag, as well as Michelin and Goodyear. Through its St. Cloud warehouse, Royal Tire services approximately 750 retail shops and automotive care centers. Royal Tire provides a comprehensive marketing program to some 270 tire and service outlets who market under the Tire One brand. This press release contains forward-looking statements as defined in 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. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting the Company's business including increased competition; the ability of the Company to expand its operations through either acquisitions or internal growth, to attract and retain qualified professionals, and to expand commercial relationships; technological obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. ; general economic conditions; and other risks detailed time to time in the Company's filings with the Securities and Exchange Commission (SEC). |
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