Auto Data Network Aftermarket Division Signs Agreement with Riebes Auto Parts LLC.Business Editors TUNBRIDGE WELLS Tunbridge Wells: see Royal Tunbridge Wells, England. , United Kingsdom--(BUSINESS WIRE)--July 2, 2003 Auto Data Network Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ADNW), a provider of 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. network services to 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. , today announced a strategic partnership between one of its subsidiaries, MAM Software Inc, and Riebes Auto Parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
Riebes Auto Parts is a chain of stores located in Northern California which provide automotive aftermarket parts and services for both the professional and do-it-yourself installer. "MAM Autopart was selected as our next store control system because it provides the right combination of system features and power to enable our customer service to deliver great service with speed and efficiency," according to Bart Riebe, chairman and owner of Riebes Auto Parts. "Selling the right parts at the right price has become an ever more technical challenge, and 'Autopart' gives my countermen the information they need to be even more efficient and informed." Larry Blair, of MAM commented, "The partnership with Riebes Auto Parts is an excellent demonstration of the power of our 'Autopart' product. Tying all the locations together so that each branch can leverage the resources of the entire organization will increase the capabilities of each counterman coun·ter·man n. A man who tends a counter, as in a diner. Noun 1. counterman - someone who attends a counter (as in a diner) counterperson, counterwoman ." Auto Data Network comprises a group of established, automotive companies providing real time data and transactional services to manufacturers, retailers and consumers thereby enabling industry-wide revenue generation, communication and information collection. Services are integrated onto a single transaction platform and data network. The platform propositions are integrated as a communications channel that allows all automotive sector participants to transact within a single environment, in which transactional data is added and modified on the network. This process creates a unique source of "Intelligent Information TM" that can be accessed by subscribing companies to analyze and react to changes in market conditions. 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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