Navicom GPS signs two contracts for 300 GPS units per month
SCOTTSDALE, Ariz., June 28, 2005 -- NowAuto, Inc. (OTC: NWAU) announced today that wholly owned subsidiary Navicom GPS has entered into a distribution agreement with Seattle, WA-based Auto Dealers GPS Services, LLC (http://www.AutoDealersGPS.com). Navicom GPS has also signed an agreement with AutoMax of Arlington, Texas. Initially, both companies combined are expected to purchase 300 Navicom GPS units monthly as per the signed agreements. Navicom has begun shipping GPS units to both resellers in June.
Navicom is providing a state-of-the-art GPS product that is unmatched in the GPS theft prevention marketplace. This new product has the ability to track assets in 98% of US, Mexico and Canada. The unit is able to perform a multitude of functions such as Geofencing, speed alert notification, panic alarm, starter disable, door lock/unlock capability and more. All functions are available from the Internet, which allows for immediate tracking and convenience.
Auto Dealers GPS Services, LLC is an aggressive sales and service organization focused on new and used auto dealers in the Pacific Northwest. With over 20 years of experience in selling auto accessories and providing financial services directly to auto dealers, Auto Dealers GPS Services, LLC is a well-known and respected organization committed to ethical business practices and excellent service.
"The agreements with Auto Dealers GPS and AutoMax are a significant win for Navicom and demonstrate the effectiveness of our sales program. Both companies are currently selling GPS products and Navicom is now their supplier. We are pleased to be associated with both of these companies. We look forward to having them represent our new Navicom GPS units combined with our state-of-the-art satellite monitoring network to meet the growing demand for vehicle tracking and law enforcement applications," said Keith Tench, President of Navicom.
Mark Muchnick and Dennis Rossignol manage Auto Dealers GPS Services LLC. Mr. Muchnick has been providing professional tax and accounting services for over 35 years. Many of his clients are auto dealers. Mr. Rossignol operates Rossignol F/X, which sells after-market accessories to over 50 auto dealerships for the past 19 years. Both men have created a sales team of seasoned auto sales experts to represent Navicom products.
The Navicom vehicle tracking and control system gives you the peace of mind of knowing where your loved ones are any time they're traveling in a Navicom-equipped family vehicle - whether cross country or around town. To access this information you simply log on to the Navicom website. The Navicom system also provides the ability to remotely enable/disable vehicle functions via computer. Navicom's coverage area includes 98% of the US as well as Canada and Mexico. Global Positioning Satellites (GPS) communicate with the Navicom unit in the vehicle to determine location, direction and speed. The Navicom unit relays information to our monitoring station via short data "bursts," where it becomes accessible on the Internet.
Real-time location / direction & speed tracking
The Navicom system allows you to access the immediate details about individual locations as well as driving habits of the drivers.
Remote starter disable for vehicles
You can remotely disable a vehicle's starter (disabling vehicle when ignition is turned off) from any Internet-enabled computer.
Remote door lock/unlock
The Navicom system allows you to lock or unlock your vehicle doors over the Internet. You'll never have to call a locksmith or wait for roadside assistance.
Excessive speed reports
Excessive speed increases risk of property damage/bodily injury and reduces vehicle life. Navicom alerts you via email, fax or pager when your predetermined limit is exceeded.
Our customer care center is available 9-5 Monday thru Friday. Our website is accessible around the clock. Simply call our customer care center or log onto http://www.nowgps.com to locate your vehicles.
90-Day History Reports, one locate per unit per month at no charge, Geofence restricted-perimeter alerts, excessive speed reports, and insurance discounts up to 20 percent.
Those interested in learning more about parent company NowAuto can email email@example.com and request to be added to the investor news alert. Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment.
We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
SOURCE NowAuto, Inc.
Web Site: http://www.nowgps.com
Navicom, Inc. 8399 E. Indian School Rd. Suite 102 Scottsdale, Arizona 85251 info@NowGPS.com Auto Dealers GPS Services, LLC Mark Muchnick, President Dennis Rossignol, Vice President Nazmi Abu, Dealer Sales Executive 3517 SW 98th St. Seattle, WA 98126-4019 206-579-8840 office, 775-256-7989 fax http://www.AutoDealersGPS.com mark@AutoDealersGPS.com
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