Chrome Systems Launches 'ALG Smart Buyer Pricing'.New Product Provides Automotive Portals and Research Companies the 'Real' Prices New Vehicles Command on the Market PORTLAND, Ore. -- Chrome[R] Systems Inc., a subsidiary of DealerTrack Holdings, Inc. (Nasdaq:TRAK TRAK Track TRAK Technology to Recover Abducted Kids (system to help law enforcement agencies) ) and an industry leader in managing automotive data, today announced the launch of ALG ALG antilymphocyte globulin. ALG antilymphocyte globulin. ALG Antilymphocyte globulin, see there Smart Buyer Pricing, which provides actual prices new vehicles are selling for on a regional and local basis. The new solution is driven by transactional data, regional information, and rebate rebate, partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. and incentive data provided by Chrome's sister company, Automotive Lease Guide (alg), Inc. and is meant to represent the discount a consumer can expect to receive off total MSRP MSRP Manufacturer's Suggested Retail Price MSRP Message Session Relay Protocol MSRP Multi-Species Recovery Plan (US Fish & Wildlife Service) MSRP Member of the Society for Radiological Protection (UK) for any given new vehicle after an average amount of negotiation, including all cash incentives and other non-finance discounts provided by the dealer. ALG Smart Buyer Pricing can be used by automotive portals and other sites publishing automotive research as an online consumer-facing market value tool to help buyers make the best purchasing decisions. It features monthly data updates to ensure up-to-date and accurate information, including two-year rolling coverage of the most recent model year and the one immediately preceding it. "We're proud to deliver powerful market intelligence to our automotive retailing clients and the real-world pricing information consumers need, especially in the current economy," said Pete Batten bat·ten 1 v. bat·tened, bat·ten·ing, bat·tens v.intr. 1. To become fat. 2. , general manager of Chrome Systems. "ALG Smart Buyer Pricing is unique because it is supported by ALG, one of the industry's most trusted data providers." About Chrome (www.chrome.com) Chrome provides vehicle content, software, technology and services to deliver complete enterprise solutions to all segments of the automotive retail industry. Chrome pioneered the technology behind electronic vehicle configuration with the introduction of PC Carbook[R], and since 1986 has collected, analyzed and enhanced "raw" automotive data from all manufacturers. Chrome Systems Inc. is a subsidiary of DealerTrack Data Services, Inc., a DealerTrack Holdings, Inc. company (Nasdaq:TRAK). Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward-Looking and Cautionary Statements Statements in this press release regarding the benefits of ALG Smart Buyer Pricing and all other statements in this release other than the recitation rec·i·ta·tion n. 1. a. The act of reciting memorized materials in a public performance. b. The material so presented. 2. a. Oral delivery of prepared lessons by a pupil. b. of historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. (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). These statements involve a number of risks, uncertainties and other factors that could cause actual results, performance or achievements of DealerTrack to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Factors that might cause such a difference include the accuracy of the information gather by ALG, the implementation and use of ALG Smart Buyer Pricing by customers and other risks listed in our reports filed with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2008. These filings can be found on DealerTrack's website at www.dealertrack.com and the SEC's website at www.sec.gov. Forward-looking statements included herein speak only as of the date hereof and DealerTrack disclaims any obligation to revise or update such statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events or circumstances. TRAK-G |
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