RedCap Technologies Announces Launch of 23rd Driver Network

Rapid Growth & Coverage Expected by End of 2018 for Leading Auto Delivery Software Provider RedCap

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Aug 23, 2017, 07:30 ET

FT. LAUDERDALE, Fla., Aug. 23, 2017 /PRNewswire/ -- RedCap Technologies, the exclusive provider of white labeled, out-of-store experience platforms to the US Automotive Industry, announced today the launch of its 23^rd driver network in Charlotte, North Carolina. Through its exclusive partnership with Driver Network Services, a company that recruits, screens, and certifies independent contractor drivers to be used by RedCap software customers and other Uber-type app platforms, RedCap can pair its software platform with a network of on-demand drivers to offer end-to-end auto delivery solutions to auto dealerships and their customers. RedCap customers can access driver networks in 20 of the top 25 US metro areas to provide service valet, test drives and auto recall services so customers do not have to go into the dealership to conduct their business.

According to David Zwick, CEO of RedCap:

"We're growing rapidly and expect to our partners to cover significantly more urban areas by mid-next year. While driver networks are not required to use the software, we expect coverage in 50 metros by year end 2018. We have hundreds of smaller city dealerships using our platform with their own internal drivers or with an outsourced valet company. The driver networks give them another option, which is hassle free. They don't have to recruit, screen, train and/or manage anyone and our partner is an expert at vetting drivers that deliver the highest quality customer experience, which our dealerships require."

RedCap determined that population density has less to do with the economics of launching a driver network than the commitment of dealerships to deliver a premium experience for their customers.

David Zwick elaborates:

"If a dealer group with just a few dealerships wants to provide a premium experience, regardless of whether they are a luxury brand, they can easily make the numbers work for an outsourced driver network exclusive only to their dealerships. They only need to educate their customers and diligently offer service valet or a test drive experience to each one. If they can create demand for 5+ orders per day, our partner will do the heavy lifting."

About RedCap Technologies:

RedCap is the leading provider of Out-Of-Store Experience workflows to Automotive Manufacturers and their Franchised Dealers. RedCap's platform allows OEM's and Dealers to provide an "Amazon/Uber-Like" experience to their service and sales customers. The RedCap platform consistently increases CSI, and revenue per RO while reducing certain operational expenses. RedCap has driver networks in the greater metro areas of New York City-North New Jersey, Boston, Washington, DC, Philadelphia, Pittsburgh, Los Angeles, San Francisco, San Diego, Sacramento, Dallas, Houston, San Antonio, Chicago, Detroit, Cleveland, Phoenix, Atlanta, South Florida, Tampa Bay, Orlando, Jacksonville and Charlotte.