Ford of Canada Selects DealerTrack Arkona ... - Shareholder.com
Ford of Canada Selects DealerTrack Arkona ... - Shareholder.com
Ford of Canada Selects DealerTrack Arkona ... - Shareholder.com
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
November 13, 2008<br />
<strong>Ford</strong> <strong>of</strong> <strong>Canada</strong> <strong>Selects</strong> <strong>DealerTrack</strong> <strong>Arkona</strong> Dealer Management System (DMS)<br />
Marks <strong>DealerTrack</strong>'s Initial Entry into the Canadian DMS Market<br />
LAKE SUCCESS, N.Y., Nov 13, 2008 (BUSINESS WIRE) -- <strong>Arkona</strong>, Inc., a subsidiary <strong>of</strong> <strong>DealerTrack</strong> Holdings, Inc. (Nasdaq:<br />
TRAK), a leading provider <strong>of</strong> on-demand s<strong>of</strong>tware and data solutions for the U.S. automotive retail industry, today announced<br />
that the <strong>Ford</strong> Motor Company <strong>of</strong> <strong>Canada</strong>, Limited has selected the <strong>DealerTrack</strong> <strong>Arkona</strong> dealer management system (DMS) as<br />
the replacement product for its current iCONNECT DMS, one <strong>of</strong> a number <strong>of</strong> DMSs used by <strong>Ford</strong> and <strong>Ford</strong>-Lincoln dealerships<br />
in <strong>Canada</strong>. The new DMS product will be re-branded iCONNECT and will be marketed and supported by <strong>Ford</strong> <strong>of</strong> <strong>Canada</strong> staff.<br />
"We are excited that <strong>Ford</strong> <strong>of</strong> <strong>Canada</strong> has chosen the <strong>DealerTrack</strong> <strong>Arkona</strong> DMS as its new iCONNECT DMS solution," said Mark<br />
O'Neil, chairman and chief executive <strong>of</strong>ficer <strong>of</strong> <strong>DealerTrack</strong>. "<strong>DealerTrack</strong> is <strong>com</strong>mitted to reducing dealers' costs and<br />
increasing their pr<strong>of</strong>itability, while also providing open access to other technology vendors. We look forward to working with<br />
<strong>Ford</strong> and its dealers across <strong>Canada</strong>."<br />
About <strong>DealerTrack</strong> (www.dealertrack.<strong>com</strong>)<br />
<strong>DealerTrack</strong> Holdings, Inc. (Nasdaq: TRAK) is a leading provider <strong>of</strong> on-demand s<strong>of</strong>tware and data solutions for the U.S.<br />
automotive retail industry. Our solutions enable dealers to receive consumer leads, submit credit applications, <strong>com</strong>pare<br />
financing and leasing options, sell insurance, vehicle accessories and other aftermarket products, document <strong>com</strong>pliance, and<br />
execute financing contracts electronically. In addition, the <strong>DealerTrack</strong> <strong>Arkona</strong> dealer management system (DMS) is used by<br />
dealerships across the United States. Over 21,000 dealers, 700 financing sources, and many other service and information<br />
providers are active in the <strong>DealerTrack</strong> network. For more information, visit www.dealertrack.<strong>com</strong>.<br />
Safe Harbor for Forward-Looking and Cautionary Statements<br />
Statements in this press release regarding acceptance <strong>of</strong> the <strong>DealerTrack</strong> <strong>Arkona</strong> DMS by Canadian dealers, the benefits <strong>of</strong><br />
the <strong>DealerTrack</strong> <strong>Arkona</strong> DMS, and all other statements in this release other than the recitation <strong>of</strong> historical facts are forwardlooking<br />
statements (as defined in the Private Securities Litigation Reform Act <strong>of</strong> 1995). These statements involve a number <strong>of</strong><br />
risks, uncertainties and other factors that could cause actual results, performance or achievements <strong>of</strong> <strong>DealerTrack</strong> Holdings,<br />
Inc. to be materially different from any future results, performance or achievements expressed or implied by these forwardlooking<br />
statements.<br />
Factors that might cause such a difference include: <strong>Ford</strong> Motor Company <strong>of</strong> <strong>Canada</strong> no longer <strong>of</strong>fering the <strong>DealerTrack</strong><br />
<strong>Arkona</strong> DMS as the iCONNECT replacement product; increased <strong>com</strong>petitive pressure from other industry participants, the<br />
inability to execute any element <strong>of</strong> <strong>DealerTrack</strong>'s business strategy; selling additional products and services to existing and new<br />
customers; success in expanding our customer base and product and service <strong>of</strong>ferings and integrating acquisitions; and other<br />
risks listed in our reports filed with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2007.<br />
These filings can be found at www.dealertrack.<strong>com</strong> and the SEC's website at www.sec.gov. Forward-looking statements<br />
included herein speak only as <strong>of</strong> the date here<strong>of</strong> and we disclaim any obligation to revise or update such statements to reflect<br />
events or circumstances after the date here<strong>of</strong> or to reflect the occurrence <strong>of</strong> unanticipated events or circumstances.<br />
TRAK-G<br />
SOURCE: <strong>DealerTrack</strong> Holdings, Inc.<br />
<strong>DealerTrack</strong><br />
Raphael Carty, 516-734-3777<br />
raphael.carty@dealertrack.<strong>com</strong><br />
or<br />
RF/Binder Partners<br />
Stephanie Lowenthal, 212-994-7619<br />
stephanie.lowenthal@rfbinder.<strong>com</strong><br />
Copyright Business Wire 2008
News Provided by COMTEX