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| DealerAdvance™ SIGNS ONE OF NATIONS OLDEST NISSAN DEALERSHIPS |
| Posted on Apr 28, 2008 |
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APRIL 23, 2008
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), announced today that the company has signed Bill Seidle Nissan to a contract for their WebDA™ hand-held solution. Bill Seidle owns and operates eight new car dealers in Florida with brands including Nissan, Mitsubishi, Suzuki, Kia, Hyundai, and Chevrolet.
In making the announcement CEO Steven Humphries said, “Bill Seidle is the one of oldest Nissan dealers in the USA and is expected to be one of the Company’s largest clients. The contract extends to 36 months adding $36,000 in revenue to a quickly growing company and a widely accepted Web DA product.”
Bill Seidle Vice President Lenny Larerea commented, “We are very impressed with the new WebDA product. The DealerAdvance™ system has been a big part of our success at the Nissan Store and if all goes as expected it will open to the doors for the product at our other 7 stores in Florida”.
Humphries reported that the addition of all 7 Seidle stores would generate an additional $250,000 in revenue during the life of the contract.
WebDA™ is the newest iteration of DLAV’s hand-held “CRM” application. The new hand-held application allows sales people land dealers to access their sales operation (daily appointments set, deals pending, deals closed, demos, individual work plans, etc.) on or off the lot, which allows management to view hour-by-hour activities of the dealership for virtually anywhere, anytime. According to Humphries, it’s accountability at its best as dealers that have utilized the original DealerAdvance™ system have shown a 90% increased in captured customer data and a 30% increase in appointment setting. The new hand-held application will have even a great impact on sales. “It’s all about sales,” says Humphries, “theirs and ours”.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed the only hand-held technology that is an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs. The new web based hand-held application allows sales people to desk a deal from anywhere on the lot and allows management access from off the lot, which creates complete accountability for the dealers operations.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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| DLAV SIGNS SOFTWARE BUNDLING AND RE-SALE AGREEMENT WITH ADI SYSTEM OF CALGARY |
| Posted on Mar 24, 2008 |
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MARCH 18, 2008
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), announced today that the Company has entered into a software bundling and re-sale relationship with ADI System of Calgary, Alberta, Canada. The letter of understanding was negotiated by its rep firm, International Automotive Associates, Inc. (see Press Release dated 3/12/08).
ADI System of Calgary provides dealerships and other automotive enterprises a mobile Inventory Management and Inspection System, currently utilized by nearly 70 pre-owned automotive dealers in North America. The new agreement allows ADI and DLAV to integrate the two software programs as one single software package, which allows used car dealers to both manage their inventory and their customer relationships in one platform.
Clint Stevens, Business Development Manager of ADI said, “We are very excited about working with DealerAdvance™ this new relationship opens up the doors to the more than 1500 pre-owned dealers across Canada that have never have been able to afford both (a) Vehicle Relationship Management application and a Customer Relationship Management system.”
Steven Humphries, CEO of DealerAdvance™ said, “the combined product also opens up the huge USA pre-owned market of dealerships to DealerAdvance™ to provide both an inventory management system and a CRM system all in one very affordable package.”
DealerAdvance™ CEO Dave Wange said “the addition of the existing ADI clients to the WebDA™ software alone could represent nearly $3 million a year in additional revenue for DLAV. Add to that the opportunity of the huge pre-owned USA dealer market and we could easily generate over $6 million in revenue as a result of this new partnership.”
WebDA™ is the newest iteration of DLAV’s hand-held “CRM” application. The new hand-held application allows sales people and dealers to access their sales operation (daily appointments set, deals pending, deals closed, demos, individual work plans, etc.) on or off the lot, which allows management to view hour-by-hour activities of the dealership from virtually anywhere, anytime. According to Humphries, it’s accountability at its best as dealers that have utilized the original DealerAdvance™ system have shown a 90% increase in captured customer data and a 30% increase in appointment setting. The new hand-held application will have even a greater impact on sales. “It’s all about sales,” says Humphries, “theirs and ours”.
**The Automotive Digital Inspection System (A.D.I System), state-of-the-art solutions developed through proven leading-edge technology is designed specifically to capture complete vehicle details and report specific damage assessment data with greater accuracy than the traditional pen and paper systems in place today.**
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed the only hand-held technology that is an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs. The new web based hand-held application allows sales people to desk a deal from anywhere on the lot and allows management access from off the lot, which creates complete accountability for the dealers operations.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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| DEALER ADVANCE SIGNS HI STAKES CONTRACT WITH HI OCTANE SOLUTIONS |
| Posted on Feb 27, 2008 |
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FEBRUARY 26, 2008
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), announced today that the company has signed a Distribution Agreement with Hi Octane Solutions for representation in Michigan, Ohio, Indiana, Arizona,New Mexico and Colorado. Company CEO, Steve Humphries projects as much as $2 million in sales in the next 12-18 months as a result of this Distribution Agreement. Meetings at the NADA Convention in San Francisco this month have spurred negotiations with automotive product distributors exposing the company’s hand-held WebDA product to potentially thousands of new car dealers across the USA.
Steven Humphries, Dealer Advance™ CEO said; “We came away from an extremely successful NADA meeting which has opened the doors for the Company to access thousands of dealerships”. Humphries added, “this is the first of several agreements that are expected to be signed in the next 30-60 days and we expect that WebDA™ will quickly attain a dominant position in the CRM automotive market place.”.
High Octane President & CEO Jeremy Gould commented “We are very excited about offering the WebDA hand-held product to our dealer network. Our sales group is highly impressed with the new WebDA™ hand-held product we saw at the NADA show, we are now going to represent this CRM product exclusively and expect to bring on-line 30-50 dealerships.”
WebDA™ is the newest iteration of DLAV’s hand-held “CRM” application. The new hand-held application allows sales people and dealers to access their sales operation (daily appointments set, deals pending, deals closed, demos, individual work plans, etc.) on or off the lot; which allows management to view hour-by-hour activities of the dealership from virtually anywhere at anytime. According to Humphries, it’s accountability at its best. Dealers that have utilized the original DealerAdvance™ system have shown a 90% increase in captured customer data and a 30% increase in appointment setting. The new hand-held application will have and even greater impact on sales. “It’s all about sales,” says Humphries, “theirs and ours”.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed the only hand-held technology that is an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs. The new web based hand-held application allows sales people to desk a deal from anywhere on the lot and allows management access from off the lot, which creates complete accountability for the dealers operations.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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| DealerAdvance Announces Acquisition |
| Posted on Jan 17, 2008 |
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Projects Profitability by Q4 2008 On Sales of over $8.0 Million
ADDISON, Texas-- (BUSINESS WIRE)--DealerAdvance™,
Inc. (OTCBB:DLAV - News), announced today that the Company entered into a Letter of Intent to acquire a compatible private company with significant revenue that will enhance every aspect of DealerAdvance™. In his announcement today before analysts, an excited Steven Humphries, CEO said, “We have identified a company operating in the automotive software space that compliments our WebDA™ product. We have come a long way on our own; however this acquisition will surely position our company as the leader in its field. The acquisition will add over 150 clients to our expanding client base.”
The due diligence phase should be completed within 30 days and with capital resources already committed, the company is hopeful to be able to complete the acquisition within 90-120 days.
DealerAdvance™ CFO, David Wange said “we believe that if we are able to complete this transaction we would be profitable by the end of 2008. Packaging the software of both companies for the benefit of both company’s clients is consolidation at its best.”
Dealer Advance™ will be debuting its new hand-held CRM product Web-DA at the NADA Exposition and Convention February 9th through 11th in San Francisco. The new hand-held product has been adapted to the Nokia 800 Tablet PC and is the only automotive CRM with a hand-held application.
WebDA™ is the next generation of DLAV’s “CRM” application. The system is web based and is available at a fraction of the cost of the original Dealer Advance system. According to Humphries dealers that have utilized the original DealerAdvance™ system it has shown a 90% increase in captured customer data and a 30% increase in appointment setting.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
***
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for our technologies, the continued development of our products, the approval of our Patent Applications, the successful implementation of our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Contact:
DealerAdvance™, Inc., Addison
Steven Humphries, 214-866-0606 Ext. 106
DAVE SCATURRO 214-866-0606 Ext. 103
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| DealerAdvance Signs Direct Marketing Deal With HMG |
| Posted on Dec 05, 2007 |
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Wednesday December 5, 8:00 am ET
ADDISON, Texas--(BUSINESS WIRE)--DealerAdvance™, Inc. (OTCBB:DLAV - News), announced today that the Company has entered into a long-term agreement with automotive exclusive advertising agency Humphries Marketing Group (HMG) to provide direct marketing services to DealerAdvance™ customers beginning in 2008. According to HMG’s Chris Humphries, “Our Own Your Zone™ concept, as seen by National Automobile Dealer Association (NADA), 20 Groups will now be provided to Dealer Advance™ clients throughout the USA.”
In making the announcement, VP of Sales Dave Scaturro said, “We are pleased to be able to provide our dealers with direct mail (conquest, service and special finance mailers), e-mail blast and newspaper insert campaigns to our customers at huge discounts.”
DealerAdvance™ CFO Dave Wange said, “The company expects to generate $1.5 to $2.0 million in new revenue in 2008 by providing HMG’s products to our current customers.”
According to Company officials, details of the direct marketing product will be debuted at the NADA Exposition in San Francisco in February 2008.
HMG is a major provider of full-service advertising services to the automotive industry with dealers throughout the USA. DealerAdvance™ President and CEO Steven Humphries also serves as CEO of Texas based Humphries Marketing Group.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
***
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Contact:
DealerAdvance, Inc., Addison
Dave Scaturro, 214-866-0606 Ext. 103
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| DealerAdvance Announces WebDA(R) Interface with Nokia(R) |
| Posted on Dec 05, 2007 |
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Monday, November 19, 8:08 am ET
Projected Revenue TO EXCEED $15 Million
ADDISON, Texas--(BUSINESS WIRE)--DealerAdvance™, Inc. (OTCBB:DLAV - News), announced today that the Company has developed its new WebDA product to interface with the new Nokia 770 Tablet hand-held device. Steven Humphries, CEO, made the announcement today to investors with great excitement and anticipation. He commented, “The hand-held technology is what set DealerAdvance apart from all of the other CRM providers over the past several years, but was limited due to the server based technology and the inherit problems with wireless networks. Now with the new Nokia technology utilized in the 770 Tablet PC, dealers and their sales people will now be able to access WebDA from anywhere, anytime.” According to Humphries, the new technology will be debuted at the NADA Convention & Expo February 9-12th, 2008 in San Francisco.
Chief Information Officer Raj Sharma commented, “This new technology will make WebDA the most desirable CRM product on the market today.”
VP of Sales Dave Scaturro commented, “With the debut of this new product, we easily anticipate an additional three to five hundred new dealers to sign up for the product over the next twelve to eighteen months, representing $10-$18 million in revenue for the Company.”
WebDA™ is the next generation of DLAV’s “CRM” application. The system is web based and is available at a fraction of the cost of the original Dealer Advance system. According to Humphries dealers that have utilized the original DealerAdvance™ system it has shown a 90% increase in captured customer data and a 30% increase in appointment setting.
For additional information and a demo contact company VP of Sales Dave Scaturro at 214-866-0606 Ext. 103.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
***
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for our technologies, the continued development of our products, the approval of our Patent Applications, the successful implementation of our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Contact:
DealerAdvance™, Inc., Addison
Steven Humphries, 214-866-0606 Ext. 106
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| DEALER ADVANCE™ ANNOUNCES SALES SUCCESS OF WEBDA™ |
| Posted on Nov 13, 2007 |
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November 13, 2007
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), developers of proprietary Internet applications for the automotive retail industry announced today that since the release of WebDA™, the web based version of DealerAdvance™, the company has booked in sales revenue of over $600,000. Steven Humphries, in an analyst meeting, announced that he expects to bring on-line an additional 20 clients boosting revenue to approximately $1.3 million by years end.. .
“WebDA™ is the product of six months R&D and another six months of trials,” said Mr. Humphries. ”WebDA™ will transform DLAV from a hardware driven company to a software driven company and bring Dealerships throughout the country easy, cost effective access to programs necessary to run their dealerships. The software will allow dealerships to run programs without a heavy investment in new hardware, which was previously required with DealerAdvance™. Our goal is being realized and that is to quickly turn the company around and create shareholder value. The company expects to generate $1.3 million in revenue from the conversion of existing dealerships by the end of the year and an additional $5-$7 million for newly added dealerships by April 2008”.
WebDA™ changes the platform of our company from being server dependent to a simple Internet product. The opportunity to earn millions from fast track sales promotions is now available for both DLAV and its dealerships. Dealers will no longer be required to purchase expensive hardware, as the application can be accessed and used from PC’s anywhere, anytime”.
VP of Sales, Dave Scaturro. discussed the ease of conversion of existing accounts and his expectations for 2008, suggesting that growth during 2008 should put the company in the black. “The conversion of our DA clients and the addition of new clients is all but certain because of their already successful experience with DA and the much superior attributes, especially the accessibility, that WebDA™.software offers from a PC anywhere.”
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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| JAMIE DHOOGHE JOINS DEALER ADVANCE AS EASTERN REGION ACCOUNT MANAGER |
| Posted on May 31, 2007 |
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May 31st, 2007
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), announced today that Jamie Dhooghe has joined the company as its Eastern Region Account Manager. In making the announcement, CEO Steven Humphries said, “as we continue to roll-out our new web based product, WebDA™, we will continue to add qualified account managers in each region throughout the USA. Jamie’s extensive background in sales and customer service is perfect for the next generation of DealerAdvance products”
Director of Sales Melissa Markus commented “we’ve been searching the country for the past several weeks for the right candidate, and we found her right here in Dallas. Jamie is a perfect fit for the new DealerAdvance™”.
Dhooghe joins DealerAdvance™ from the personnel recruiting industry, most recently with the Robert Half Company in Dallas.
WebDA™ is the next generation of DLAV’s “CRM” application. The system is web based and is available at a fraction of the cost of the original DLAV system. According to Humphries dealers that have utilized the original DealerAdvance™ system have shown a 90% increased in captured customer data and a 30% increase in appointment setting.
For additional information and a demo contact company Director of Sales Melissa Markus at 214.866.0606, Ext. 109.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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| WANGE NAMED CHIEF FINANCIAL OFFICER |
| Posted on May 31, 2007 |
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May 31st, 2007
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), announced today that David Wange has been named Chief Financial Officer.
Wange joins DealerAdvance™ from the consulting industry where he has advised clients on Finance and Accounting, and Internal Audit and Sarbanes-Oxley compliance since 2003 through his own company and others. From 1996 to 2003 he served as a Business Financial Advisor associated with American Express Financial Advisors in Richardson. He also served as a Senior Accountant for GTE Directories, Dallas, Texas.
CEO Steven Humphries said in making the announcement “the company has been without a CFO since before I took over last year. We’ve been looking for the right guy for the job, and Dave is a perfect fit”.
Wange said “I’m so excited… DA is exactly the opportunity that I have been looking for, as I feel the company has a tremendous amount of potential with its new WebDA™ product. With 21,500 new car dealers in the USA and only 50% having CRM tools, there is great market potential for the company and a quick road to profitability.”
Wange has Bachelors of Science degree in Economics from Texas A&M, a Masters of Science degree in Accounting from the University of Texas-Dallas, a Masters of Arts degree in Biblical Studies from the Dallas Theological Seminary and is a Texas Certified Public Accountant.
DealerAdvance™ is the producer of WebDA™ the next generation “CRM” applications for the automotive industry. The system is web based and is used by dealers coast-to-coast.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
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The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. |
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| DEALERADVANCE BEGINS INSTALLS OF NEW WEBDA PRODUCT |
| Posted on Apr 26, 2007 |
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HOYTE DODGE, DUNCANVILLE FORD, RELIABLE PONTIAC-BUICK-GMC-CADLIAC FIRST TO RE-UP WITH THE NEW WEB DA
April 23rd, 2007
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), announced today that the company will begin installs this month of it’s new web-based CRM tool, WebDA. In making the announcement, CEO Steven Humphries also announced that three of the Company’s current clients who’s contracts recently expired with previous server based product have signed multi-year agreements for the new WebDA commencing in April, 2007. Humphries said “Hoyte Dodge of Sherman, Texas, Duncanville Ford of Duncanville, Texas and Reliable Pontiac-Buick-GMC-Cadillac of Roseville, CA all former DealerAdvance customers have all signed up for the new WebDA product and will be installed in the next 3-4 weeks which represents more than $100,000 in booked revenue for the Company.”
Hoyte Riddlehuber, owner of Hoyte Dodge-Chrysler-Jeep said “Over the past three years DealerAdvance has had a dramatic impact on the way we do business and enabled us to more than double our capture rate and bottom line, increase sales. We are very excited about the next generation of the product, WebDA”.
WebDA™ is the newest iteration of DLAV’s “CRM” application. The system is web based and is available at a fraction of the cost of the original DLAV system. According to Humphries dealers that have utilized the original DealerAdvance™ system have shown a 90% increased in captured customer data and a 30% increase in appointment setting. “It’s all about sales” says Humphries, “theirs and ours”.
For additional information and a demo contact company VP of Sales Dave Scaturro at 214.866.0606, Ext. 103.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
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The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly |
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| DEALERADANCE™ RESTRUCTURES NATIONAL SALES & MARKETING TEAM |
| Posted on Apr 09, 2007 |
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March 22, 2007
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), developers of proprietary Internet applications for the automotive retail industry announced today a major restructure of the company’s sales and marketing division. CEO Steven Humphries said “with the release of our new WebDA™ product, it was necessary to bring in higher quality sales individuals that will allow the company to grow faster with a clearer focus on our goal to capture 2% of the 21,500 new car dealers over the next 24 months”.
Vice President of Sales, David Scaturro also announced that Melissa Markus, who has been running the Sales for the Western Region of the company for the past year has been elevated to Director of Sales and has been relocated to the company headquarters in Texas. Prior to joining the Company, Markus served as an Account Manager at Univision and CBS Television in Sacramento, California. Scaturro said “Melissa has demonstrated her leadership and sales abilities over the past year and is now is a position to help launch our new WebDA™ product and take the company to the next level”.
Replacing Markus on the West Coast will be Jennifer Coulter. Coulter comes to the company from 15 years in the automotive industry where she served as a sales manager, business development manager and F & I manager at top dealerships in Northern California. Markus commented “Jennifer is the perfect person for this position, as DealerAdvance™ has such a huge presence on the West Coast and she is very familiar with automotive CRM products having used various products at several stores”. Coulter will be based in the company’s Sacramento office.
Humphries also commented “In April 2007 we will begin installing the new WebDA™ product at the more than 50 current client dealerships across the country as well as new client installs”. The company is projecting more than $600,000 in conversion revenue (those dealerships moving from the DealerAdvance™ software to the new WebDA™ software) over the next 18 months as well as over $9 million in revenue over the 24 months (2% of the new car dealerships in the USAP).
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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| DEALER ADVANCE™ TARGETS NEW CAR DEALERS WITH WEBDA™ WORTH $8 MILLION IN ESTIMATED FUTURE REVENUES. |
| Posted on Apr 09, 2007 |
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March 15, 2007
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), announced today that the company will capitalize on its successes at the recent Las Vegas Auto Show and target sales of its proprietary WEBDA™ program towards the 21,500 new car dealers across the USA.
Steven Humphries, Dealer Advance CEO reported, “out of the 21,500 new car dealers, only about 50% have a Customer Relations Management (“CRM”) tool in place. This is an incredible marketing opportunity for WebDA™. We feel that through our concentrated sales and marketing efforts the company can capture approximately 2% of the total market over the next 24 months generating over $8.0 million in sales for the company. Because of the slow-down in automotive sales and the desire of dealers to maximize the management of their customer relations programs, the market for our WEBDA™ program has really heated up. We are now taking aggressive sales measures, assuring DLAV the maximum amount of business in the shortest period of time”.
WebDA™ is the newest iteration of DLAV’s “CRM” application. The system is web based and is available at a fraction of the cost of the original DLAV system. The original server based system is now being replaced in the almost 100 dealerships previously being served. According to Humphries dealers that have utilized the original DealerAdvance™ system have shown a 90% increased in captured customer data and a 30% increase in appointment setting. “It’s all about sales” says Humphries, “theirs and ours”.
For additional information and a demo contact company VP of Sales Dave Scaturro at 214.866.0606, Ext. 103.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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| DealerAdvance Drives Home A Winner At Vegas Auto Show |
| Posted on Apr 09, 2007 |
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February 20, 2007
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), developers of proprietary Internet applications for the automotive retail industry announced today that as a result of newly booked orders taken at the recent NADA Las Vegas Convention they expect yearly revenues to jump by better than $450,000 to a total of $1.65 million and an estimated total of $5.45 million over the next 12 months.
“Interest in our new WebDA™ product was phenomenal.” said Mr. Humphries in an analyst conference. Humphries also said, “We met with many dealers and dealer principals at the convention and feel confident that we’ll generate significant revenue as a result”. The company projects that nearly 35 new dealerships will use WebDA™ to operate with this year, the result of attendance at the convention meetings.
The new software which debuted at the NADA earlier this month will transform DLAV from a hardware driven company to a software driven company, and bring Dealerships throughout the country easy, cost effective access to programs necessary to run their dealerships. The software will allow dealerships to run programs without a heavy investment in new hardware, which was previously required with DealerAdvance™.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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| DEALERADVANCE ANNOUNCES THE RELEASE OF WEBDA |
| Posted on Apr 09, 2007 |
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January 18, 2007
Addison, TX – (Business Wire)- DealerAdvance™, Inc. (OTCBB-DLAV), developers of proprietary Internet applications for the automotive retail industry announced today the release of WebDA™, the web based version of DealerAdvance™.
“WebDA™ is the product of six months R&D,” said Mr. Humphries in an analyst conference.”WebDA™ will transform DLAV from a hardware driven company to a software driven company, and bring Dealerships throughout the country easy, cost effective access to programs necessary to run their dealerships. The software will allow dealerships to run programs without a heavy investment in new hardware, which was previously required with DealerAdvance™. Our goal is to quickly turn the company around and create shareholder value. The company expects to generate $1.2 million in revenue from the conversion of existing dealerships over the next 12 months and an additional $5-$7 million for newly added dealerships over the same time period”.
CIO Raj Sharma said “the release of WebDA™ changes the platform of our company from being server dependent to a simple Internet product. The opportunity to earn millions from fast track sales promotions is now available for both DLAV and its dealerships. Dealers will no longer be required to purchase expensive hardware, as the application can be accessed and used from PC’s anywhere, anytime”.
“We’re just a click away from significant revenue,” said VP of Sales Dave Scaturro. “The conversion of our DA clients is all but certain because of their already successful experience with DA and the much superior attributes, especially the accessibility, that WebDA™.software offers from a PC anywhere.”
WebDA™ will be previewed at the National Automobile Dealers Association convention in Las Vegas February 3rd-5th at the Las Vegas Convention Center and Hilton Hotel. For additional information and a demo contact company VP of Sales Dave Scaturro at 214.866.0606, Ext. 103.
DealerAdvance, Inc. (www.dealeradvance.com) is an innovator in applying technology and the Internet along with process improvement methods to increase business efficiency and sales. The Company has developed an integrated technology called WebDA™ which, among many features, allows automobile dealers to capture a customer's purchasing requirements, customers and dealerships personnel to search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. Through an integrated CRM (Customer Relationship Management) application, the system sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance™ allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.
* * *
The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 (“the Securities Act”), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” or “anticipates” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
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