ChoiceParts Completes Acquisition of CarStation

Includes Commerce System License, Website and Trademarks/Domain Names



Apr 18, 2001, 01:00 ET from ChoiceParts, LLC

    CHICAGO, April 18 /PRNewswire/ -- ChoiceParts, LLC is pleased to report
 the formal closing of the previously announced asset acquisition and exclusive
 licensing agreement with OnStation Corporation for the CarStation
 CommerceSystem(TM) (CCS). On February 20, 2001, ChoiceParts(TM) announced that
 it would become the exclusive provider of CCS for the automotive collision
 repair market.
     ChoiceParts began transitioning the CarStation product, trademarks and
 website to their Chicago headquarters at the end of February.  As a result of
 a tight integration plan, the company is prepared to take over product
 operations such as customer support, training and hosting in early May.  The
 company expects to integrate the CCS into its already released dealer parts
 trading solution by early fall.
     The CarStation CommerceSystem(TM) is an Internet-based parts management
 and communication system that enables automotive collision repair
 professionals and their parts suppliers to transact and communicate online.
     "With the combined power of CarStation and the current dealer product in
 the marketplace now, there is finally a comprehensive product for the
 automotive parts supply chain," stated Chan Galbato, chief executive officer,
 ChoiceParts.  "The exclusive licensing agreement with OnStation accelerates
 the ability of ChoiceParts to provide technology solutions to collision shops.
 We will leverage our supply-side integration to offer a more efficient parts
 ordering solution."
     Galbato further added:  "ChoiceParts facilitates the buying and selling of
 automotive parts by using the dealers' existing business processes and, in
 most cases, their existing hardware without ever picking up the phone."
     As part of the agreement, ChoiceParts acquired the CarStation.com e-
 commerce hub and its customer base of automotive parts dealers and collision
 repair shops, and the right to utilize the CarStation trademark in all
 marketing activities.
     "Currently there are more than 900 subscribers to CarStation," stated
 Michael Badar, chief commercial officer, ChoiceParts.  "The company is making
 all efforts to ensure the seamless transition from OnStation to ChoiceParts
 including welcome letters, visiting customers and using existing account
 managers already familiar with the CarStation customers. The company also
 intends to keep the CarStation.com site active for consumers and businesses."
     CarStation.com is a destination Web site for businesses within the
 automotive repair industry where they may access CCS features, including parts
 procurement and Web site building applications.
     Powered by ChoiceParts technology, CarStation will now offer a wide array
 of features, including:
     -- Parts Procurement and Purchasing: Buy parts and manage parts orders
        online.
     -- Dealer Management System Integration:  ChoiceParts is the only advanced
        parts procurement system that provides "deep" integration into existing
        Dealership Management Systems, which ensures timely, accurate
        processing and order fulfillment.
     -- Order Management System: Organize incoming parts orders and simplify
        communication with customers.
     -- Order Acceptance Confirmation: Confirm orders online and instantly
        inform customers that orders have been received.
     -- Custom Web Site: Build Web sites and add custom text, graphics, and
        driving directions, enabling new customers to find businesses easily.
     -- Shop Locator: Allow new and existing customers to easily find
        registered CarStation shops.
     -- Email Account: Communicate with customers and business partners
        more efficiently.
 
     About ChoiceParts
     ChoiceParts was founded via partnership among automotive and collision
 industry leaders CCC Information Services Inc., The Reynolds and Reynolds
 Company, and the Dealer Services and Claims Solutions Groups of Automatic Data
 Processing, Inc.  ChoiceParts is an IT solutions provider committed to
 satisfying our customers' needs profitably.  The company's initial focus
 provides software and services to make efficient auto parts transactions by
 integrating the ChoiceParts solution directly into our customers' existing
 systems and environments.
 
 

SOURCE ChoiceParts, LLC
    CHICAGO, April 18 /PRNewswire/ -- ChoiceParts, LLC is pleased to report
 the formal closing of the previously announced asset acquisition and exclusive
 licensing agreement with OnStation Corporation for the CarStation
 CommerceSystem(TM) (CCS). On February 20, 2001, ChoiceParts(TM) announced that
 it would become the exclusive provider of CCS for the automotive collision
 repair market.
     ChoiceParts began transitioning the CarStation product, trademarks and
 website to their Chicago headquarters at the end of February.  As a result of
 a tight integration plan, the company is prepared to take over product
 operations such as customer support, training and hosting in early May.  The
 company expects to integrate the CCS into its already released dealer parts
 trading solution by early fall.
     The CarStation CommerceSystem(TM) is an Internet-based parts management
 and communication system that enables automotive collision repair
 professionals and their parts suppliers to transact and communicate online.
     "With the combined power of CarStation and the current dealer product in
 the marketplace now, there is finally a comprehensive product for the
 automotive parts supply chain," stated Chan Galbato, chief executive officer,
 ChoiceParts.  "The exclusive licensing agreement with OnStation accelerates
 the ability of ChoiceParts to provide technology solutions to collision shops.
 We will leverage our supply-side integration to offer a more efficient parts
 ordering solution."
     Galbato further added:  "ChoiceParts facilitates the buying and selling of
 automotive parts by using the dealers' existing business processes and, in
 most cases, their existing hardware without ever picking up the phone."
     As part of the agreement, ChoiceParts acquired the CarStation.com e-
 commerce hub and its customer base of automotive parts dealers and collision
 repair shops, and the right to utilize the CarStation trademark in all
 marketing activities.
     "Currently there are more than 900 subscribers to CarStation," stated
 Michael Badar, chief commercial officer, ChoiceParts.  "The company is making
 all efforts to ensure the seamless transition from OnStation to ChoiceParts
 including welcome letters, visiting customers and using existing account
 managers already familiar with the CarStation customers. The company also
 intends to keep the CarStation.com site active for consumers and businesses."
     CarStation.com is a destination Web site for businesses within the
 automotive repair industry where they may access CCS features, including parts
 procurement and Web site building applications.
     Powered by ChoiceParts technology, CarStation will now offer a wide array
 of features, including:
     -- Parts Procurement and Purchasing: Buy parts and manage parts orders
        online.
     -- Dealer Management System Integration:  ChoiceParts is the only advanced
        parts procurement system that provides "deep" integration into existing
        Dealership Management Systems, which ensures timely, accurate
        processing and order fulfillment.
     -- Order Management System: Organize incoming parts orders and simplify
        communication with customers.
     -- Order Acceptance Confirmation: Confirm orders online and instantly
        inform customers that orders have been received.
     -- Custom Web Site: Build Web sites and add custom text, graphics, and
        driving directions, enabling new customers to find businesses easily.
     -- Shop Locator: Allow new and existing customers to easily find
        registered CarStation shops.
     -- Email Account: Communicate with customers and business partners
        more efficiently.
 
     About ChoiceParts
     ChoiceParts was founded via partnership among automotive and collision
 industry leaders CCC Information Services Inc., The Reynolds and Reynolds
 Company, and the Dealer Services and Claims Solutions Groups of Automatic Data
 Processing, Inc.  ChoiceParts is an IT solutions provider committed to
 satisfying our customers' needs profitably.  The company's initial focus
 provides software and services to make efficient auto parts transactions by
 integrating the ChoiceParts solution directly into our customers' existing
 systems and environments.
 
 SOURCE  ChoiceParts, LLC