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The Consortium of Automotive Aftermarket Retailers Renews ADN'S MAM Software's Approved Supplier Status.


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. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: 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 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 its subsidiary MAM Software, the UK's leading supplier of automotive aftermarket I.T. solutions, has successfully renewed its appointment as an approved supplier to the Consortium of Automotive Aftermarket Retailers (CAAR CAAR Centre for Accounting and Auditing Research
CAAR Combat After Action Report
CAAR Cataract, Autosomal Recessive, Early-Onset, Pulverulent
CAAR Consortium of Automotive Aftermarket Retailers (UK)
CAAR Committee Against Academic Repression
).

Under the terms of the relationship, CAAR will promote MAM to their membership as a recommended supplier of software and related services. Commenting on the relationship, Martin Denny Martin Denny (April 10, 1911 - March 2, 2005) was an American musician. He gained fame as one of the most successful producers of exotica music, a type of big band music with Latin rhythms and overtones of Pacific Ocean culture that found its origins in artists such as Les Baxter, , Managing Director of CAAR said, "Our members look to CAAR for advice and support in improving their business processes and we recognize that computerized management systems have an important part to play in this. Through this agreement with MAM Software, we can offer our members an industry-leading solution that can deliver significant business benefits to their organizations in terms of cost-savings, inventory management and customer service."

MAM's relationship with CAAR began in 2002 when they were first awarded approved supplier status. "A key factor in choosing to continue partnering with MAM Software is that they have a proven service record," continued Martin Denny. "MAM's products are used widely throughout our membership. Our members are fiercely proud of their own independent status, and that's reflected in the diversity of their businesses. But MAM's extensive experience enables them to provide I.T. solutions tailored to the exact requirements of each individual company."

Ian Penny, Sales Director of MAM Software added, "We are delighted that the CAAR has selected MAM as their partner in delivering software and related services to their membership. This validation confirms our belief that our software is the most effective business management solution for motor factors and retailers, and that MAM Software is the pre-eminent provider in the UK."

CAAR is the automotive after market's largest association with around 350 members operating over 600 stores in England, Scotland, Wales Wales, Welsh Cymru, western peninsula and political division (principality) of Great Britain (1991 pop. 2,798,200), 8,016 sq mi (20,761 sq km), west of England; politically united with England since 1536. The capital is Cardiff.  and Northern Ireland. Comprised predominantly of component factors and high street accessory shops, CAAR's membership ranges from single-outlet shops to large, multi-branch stores. Dedicated to increasing parts retailers' bottom lines through collective buying power Buying Power

The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available.

Also referred to as "Excess Equity.
 and the provision of 'added-value' services, CAAR's unique '501' program allows individual members to structure purchasing programs to suit their own individual needs.

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 automobile dealership marketplace. This marketplace consists of approximately 78,000 dealers in North America and 92,000 dealers in Europe. The company estimates that this represents a $15 billion market for Software and Services specifically for automobile dealerships. The company supplies a suite of software solutions and services that enable dealerships to run their businesses more efficiently, while 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.

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).
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 14, 2004
Words:631
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