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LAKE SUCCESS, N.Y. Sept 06, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --
DealerTrack, Inc., a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK), today announced the co-sponsors of the second annual DealerTrack Innovation Conference scheduled for September 17-18, 2007, in Las Vegas, Nevada. The Innovation Conference is a unique networking and educational event designed to showcase the latest dealership technology trends and best practices.
The Headline Sponsor, Manheim, will be presenting on "The Future of Online Auctions." Gold Sponsors, including The Cobalt Group, Microsoft Corporation, Autobase, Inc. and AIMData, will be participating in panel discussions on topics such as "Driving More Leads to Increase Profit and Unit Sales," "The Open Dealer Management System (DMS)" and more.
In addition, seven other leading technology providers will be exhibiting at the conference. These Silver Sponsors include: AmazingMail, DealerSocket, eOriginal, First Advantage CREDCO, KEYper Systems, NADA Analytical Services Group and SIRIUS Satellite Radio. All participating companies will be available to answer questions after their sessions.
DealerTrack is also excited to announce that Dave Schembri, President of smart USA, will share marketing plans and other key information about their innovative technology. The smart car is remarkably compact and provides ecological benefits through extremely high fuel economy.
"We would like to thank in advance the co-sponsors of our second Innovation Conference," said Mark O'Neil, chairman and chief executive officer of DealerTrack. "The joining of these leading technology companies has enhanced the value of the conference. We are excited to bring together these pioneers from the auto retailing world to facilitate discussions on emerging technologies and innovative ideas that will shape the industry and take it to the next level."
"Manheim is proud to partner with DealerTrack as the Headline Sponsor of the Innovation Conference, one of the premier events in the auto retail industry," said Mike Lang, Manheim's Chief Marketing Officer. "We are honored to be part of an event that brings together dealers, lenders and other partners in this educational forum, which benefits the entire auto retailing industry."
The Innovation Conference, to be held at the Paris Hotel & Casino, will include golf and poker networking opportunities on September 17. The educational sessions on September 18 will include keynote presentations by Matthew May and Josh "Chop" Towbin, as well as interactive breakout sessions. For more information on conference rates, registration and accommodations, please visit http://www.dt-innovationconference.com.
About DealerTrack
DealerTrack Holdings, Inc. (Nasdaq: TRAK) is a leading provider of on- demand software and data solutions for the U.S. automotive retail industry. Our solutions enable dealers to receive consumer leads, submit credit applications, compare financing and leasing options, sell insurance and other aftermarket products, document compliance, and execute financing contracts electronically. In addition, the company provides dealer management systems (DMS) through its Arkona, Inc. subsidiary. Over 22,000 dealers, more than 400 financing sources, and many other service and information providers are active in the DealerTrack network. For more information, visit http://www.dealertrack.com.
Safe Harbor for Forward-Looking and Cautionary Statements
Statements in this press release regarding DealerTrack, the benefits of the DealerTrack Innovation Conference, and all other statements in this release other than the recitation of historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act 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: increased competitive pressure from other industry participants; the inability to execute any element of DealerTrack's business strategy, including the retention of dealers and financing source customers; selling additional products and services to existing and new customers; success in expanding our customer base and product and service offerings and integrating acquisitions; and other risks listed in our reports filed with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2006.
CONTACT:
Raphael Carty
DealerTrack
(516) 734-3777
raphael.carty@dealertrack.com
Stephanie Lowenthal
RF|Binder Partners
(212) 994-7619
stephanie.lowenthal@rfbinder.com
SOURCE DealerTrack, Inc.
http://www.dealertrack.com
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