Bonded Motors Announces Link to Transnet National Electronic System; First engine remanufacturer to offer products on the system.LOS ANGELES--(BUSINESS WIRE)--Aug. 5, 1996--Bonded Motors, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BMTR BMTR Backup Memory Transfer (AT&T) ) announced today that it has joined Transnet, an electronic purchasing clearinghouse used nationally by more than 3,000 companies in the overall automotive aftermarket. Currently 17 of the top 25 retail automotive parts chain stores, representing several thousand retail locations 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. , are participants in the Transnet system. Aaron Landon, Chief Executive Officer of Bonded Motors commented, "Joining the Transnet system allows us to service our existing customer base more efficiently and also gives us the ability to attract additional top 25 ranked national automotive aftermarket parts suppliers. Our company will be the first engine remanufacturer to offer its products through Transnet. "The Transnet system allows customers to order directly from Bonded Motors, providing a much faster turnaround time (1) In batch processing, the time it takes to receive finished reports after submission of documents or files for processing. In an online environment, turnaround time is the same as response time. . It also allows us the opportunity to present the full range of our extensive domestic and foreign remanufactured engine inventory to a much broader audience, an important step to our becoming a one-stop-shop for remanufactured engines." Bonded Motors is a remanufacturer of car and light-truck engines with headquarters in Los Angeles and distribution centers in the states of Washington, Georgia and Ohio. It plans to add one more distribution center this year. The company's principal customers are discount automotive parts chain stores such as The Pep Boys - Manny Manny may refer to: In nobility:
CONTACT: Bonded Motors Inc. Paul Sullivan, 213/583-8631 or Coffin KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association John Muir, 818/789-0100 |
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