Autodaq Corporation Names Donald B. Fowler Director of Industry Relations; Auction Veteran of 25 Years Joins Blue-Chip Executive Team.Business Editors MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Sept. 28, 2000 Autodaq Corporation (www.autodaq.com), a leading business-to-business e-commerce automotive and remarketing company, today named Donald B. Fowler director of industry relations. Fowler, a 25-year veteran of the automobile remarketing industry, comes to Autodaq from Manheim Auctions Manheim Automotive Services is the largest and highest volume wholesale automobile auction company in the world. As a subsidiary of Cox Enterprises, Inc., Manheim provides services including financing, title work, transportation, recovery, auto body repair, dealership management where he served as director of special operations Operations conducted in hostile, denied, or politically sensitive environments to achieve military, diplomatic, informational, and/or economic objectives employing military capabilities for which there is no broad conventional force requirement. . In this capacity, he was responsible for coordinating the development and rollout of new products, such as auction certification. He also was responsible for sales, training and operational procedures The detailed methods by which headquarters and units carry out their operational tasks. for AASC/AutoIMS, a Manheim-supported industry product. "Don brings a highly respected career perspective on the auction industry to Autodaq," company President and Chief Executive Officer Adam Boyden said. "We look forward to Don's counsel and stewardship in identifying opportunities to put Autodaq technology to work for auctions and their customers and to helping Autodaq coordinate our resources to serve the industry. "Adding an automotive remarketing executive of Don's caliber and tenure further solidifies the Autodaq management mix of automotive and high-technology expertise - a recipe that, in the end, most benefits our customers." Fowler, who will focus on developing auction-related business and other major accounts at Autodaq, has an established pedigree for building and nurturing business relationships for industry-leading auctions. In addition to his work at Manheim, Fowler, as an independent consultant, has provided on-site management and a full range of consulting services to independent auctions in the Southeast. Fowler also served as general manager of ADESA's Charlotte operation and a number of other auctions in Illinois, 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. and South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. . While he served as vice president and general manager of Statesville Auto Auction in Statesville, N.C., the company earned General Motors' prestigious "Auction of the Year" award for four consecutive years (1991 to '94). Fowler earned a bachelor's degree from Townsend State University and is a United States Navy United States Navy Major branch of the U.S. military forces, charged with defending the nation at sea and maintaining security on the seas wherever U.S. interests extend. The Continental Navy was established by the Continental Congress in 1775. veteran. Autodaq Corporation (www.autodaq.com) is an automotive remarketing company that provides the infrastructure and technology to facilitate the business-to-business trade of used cars on the Internet, as well as professional remarketing services that include remarketing management, lease maturity management, strategic marketing, vehicle sourcing and sales & leadership training. Autodaq services significantly reduce costs, increase profitability, and improve operational efficiency for financial institutions, auto manufacturers, and other fleet, lease and rental car operators, as well as franchised, independent and Internet-based auto dealers and wholesalers. Based in Menlo Park, Calif., Autodaq is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. ; its investors include August Capital, Madison Dearborn Madison Dearborn Partners (MDP) is a private equity firm specializing in buyouts of private or publicly held companies, or divisions of larger companies; recapitalizations of family-owned or closely held companies; balance sheet restructurings; acquisition financings; and growth Partners, Zilkha Ventures and several angel investors from the Internet and automotive industries. SOURCE: Autodaq Corporation |
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