-
 Optical Systems Inc. - OPSY
OPTICAL SYSTEMS, INC. (OTC.PK: OPSY)
Optical Systems, Inc. through its wholly owned subsidiary Automotive Software Designers, Inc., provides front office software for automotive dealerships.
COMPANY HIGHLIGHTS
• DealerTrack Holdings, Inc. (DealerTrack) is a provider of on-demand software and data solutions for the automotive and related specialty retail industries in the United States. Using the Internet, the Company has built a network connecting automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as aftermarket providers and credit reporting agencies. NASDAQ:TRAK Recent Price: $12.09
• DealerAdvance, Inc. designs, develops, markets, sells and installs a Web-based application software and database system that manages the auto dealer-customer relationship. This product will enable any car salesperson to complete the entire sales process from virtually anywhere using any UMPC. OTC LAV Recent Price: $.0001
-
Re: Optical Systems Inc. - OPSY
Optical Systems Installs Saturn of Houston's 3 Stores
Friday , February 27, 2009 16:30ET
DALLAS, TX -- (Marketwire) -- 02/27/09 -- Optical Systems Inc. (PINKSHEETS: OPSY) announces that it has installed its system with Saturn of Houston to handle its BDC call center in Saturn of Houston Gulf Fwy, Saturn of Houston Katy Fwy and Saturn of Houston Southwest Fwy. This now makes 8 dealership call centers being operated by Optical through its wholly owned subsidiary Automated Software Designers, Inc. The BDC along with our CRM software systems reduces overhead for dealers today. In this ever-changing automotive market dealers can increase profits and productivity and reduce overhead using our save-a-deal system. Bob Abernathy, General Manager, stated, "We had looked at lots of options and found save-a-deal the best suited for us and it helps reduce our overhead." B.J. Grisaffi, Optical CEO, says he plans on increasing his sales staff across the country to help dealers maximize their potential. "The time could not be better for us to be in business than in these troubled times," Grisaffi stated.
-
OPSY - Optical Systems - Better Than LoJack?
Optical Systems, Inc. (Pink Sheets: OPSY - News), a leading provider of software and services for the automotive retail industry today announced the launch of Save-a-Car GPS, a cost-effective, global positioning system for auto dealerships to monitor and track inventory.
"Save-a-Car is a low-cost, robust tracking system that represents a huge market opportunity for our company," said B.J. Grisaffi, CEO of Optical Systems, Inc. "There has been a lot of enthusiasm, excitement and positive feedback about Save-a-Car from dealerships. In today's market, dealers need scalable products that have a solid return on investment. Save-a-Car is a state-of-the art GPS system that helps dealers track inventory and maximize profit potential like never before. This small, covert system can be sold to the customer as a theft and tracking device that is much more robust than LoJack and available with no monthly fee. Our system works nationwide, where LoJack only works in certain areas," said Grisaffi.
In addition to offering superior tracking capabilities, Save-a-Car also allows drivers to save up to 35 percent on their insurance premium when installed.
Growing usage in automotive and consumer applications is propelling the mobile location technologies market, which is forecasted to grow at a CAGR of more than 20 percent to cross US$ 75 Billion by 2013, says "World GPS Market Forecast to 2013," a new market research report by RNCOS.
"We already have more than 30 dealerships enrolled in our Save-a-Deal and Business Development Center programs," said Grisaffi. "Save-a-Car is a complimentary and standalone product that can easily be integrated into our existing programs. We are optimistic that we will be able to leverage our existing customer base and generate sales for this new, exciting product and bring substantial revenue to Optical."
Save-a-Car is currently available through the Company's operating subsidiary, Automotive Software Designers.
About Optical Systems, Inc.
Optical Systems, Inc., through its operating subsidiary, Automotive Software Designers, Inc., develops technology and services for the automotive retail industry designed to maximize productivity and increase profits at auto dealerships. ASDI's flagship technology solution, Save-a-Deal, is a turnkey customer relationship management (CRM) tool for auto dealerships. Our business development center (BDC) provides a variety of services designed to help auto dealerships drive traffic to their showroom or Web site, retain customers and generate new streams of revenue. For more information, visit Optical Systems, Inc.
-
Optical Systems (OPSY), Launches GPS System More Robust Than LoJackOptical Systems (Pinksheets: OPSY) $0.049. A leading provider of software and services for the automotive retail industry announced the launch of Save-a-Car GPS, a cost-effective, global positioning system for auto dealerships to monitor and track inventory.
"Save-a-Car is a low-cost, robust tracking system that represents a huge market opportunity for our company," said B.J. Grisaffi, CEO of Optical Systems, Inc. "There has been a lot of enthusiasm, excitement and positive feedback about Save-a-Car from dealerships. In today's market, dealers need scalable products that have a solid return on investment. Save-a-Car is a state-of-the art GPS system that helps dealers track inventory and maximize profit potential like never before.
This small, covert system can be sold to the customer as a theft and tracking device that is much more robust than LoJack and available with no monthly fee. Our system works nationwide, where LoJack only works in certain areas," said Grisaffi.
In addition to offering superior tracking capabilities, Save-a-Car also allows drivers to save up to 35 percent on their insurance premium when installed.
"We already have more than 30 dealerships enrolled in our Save-a-Deal and Business Development Center programs," said Grisaffi. "Save-a-Car is a complimentary and standalone product that can easily be integrated into our existing programs. We are optimistic that we will be able to leverage our existing customer base and generate sales for this new, exciting product and bring substantial revenue to Optical."
-
Looking for some upward movement today, chart shows Bullish intermediate.
-
OPSY rocking off news
DealerDX Selects Save-a-Deal as CRM Software of Choice to Market to More than 650 Minority Dealerships
DealerDX Selects Save-a-Deal as CRM Software of Choice to Market to More than 650 Minority Dealerships
HOUSTON, Aug. 12 /PRNewswire-FirstCall/ -- Automotive Software Designers, Inc., a leading provider of software and services for the automotive retail industry, and a wholly owned subsidiary of Optical Systems, Inc. (Pink Sheets: OPSY), today announced that its flagship software product, Save-a-Deal has been selected by DealerDX, LLC, a private consulting firm and member of the National Association of Minority Automobile Dealers (NAMAD).
"Our relationship with DealerDX has the potential to generate $10 million in new business over the next 18 months," said B.J. Grisaffi, Chairman and Chief Executive Officer of Optical Systems, Inc. "DealerDX has relationships with 650 minority dealerships that could all benefit from our software and services. This is a fantastic situation for our company, our customers and our shareholders. We are excited about adding NAMAD to our fast growing dealer network. We now believe our goal of adding 2000 dealers over the next 24 months is achievable and revenues could exceed $100 million with all of our ancillary products."
There were approximately 1,200 minority dealerships in the United States in 2007, according to the NAMAD Web site.
"Minority dealerships cannot afford to lose deals in today's market," said Lee Putney, President and Founder of DealerDX, LLC. "ASDI's software and services have a proven track record of generating revenue and traffic for dealerships across the United States."
ASDI's software and services have been shown to:
Save between 10 and 12 deals per-month
Increase sales traffic by 15 percent
Increase service traffic by 28 percent
ASDI-DealerDX will offer minority dealerships a full suite of products and services at special association prices with added incentives for each dealership over 100. The company also plans to offer a 40 percent discount when 50 or more dealerships commit to the ASDI-DealerDX program in the first phase. The packages will include Save-a-Deal, Save-a-Car and our comprehensive Sales Manager and Service Manager BDC programs.
Save-a-Deal is a comprehensive, fully-integrated front office software solution specifically designed to increase auto dealerships' profitability. When properly used, this scalable DMS system is guaranteed to increase unit sales and profit per vehicle while lowering costs through enhanced efficiency.
Save-a-Car is a cost-effective, global positioning system for auto dealerships to monitor and track inventory. In addition to offering superior tracking capabilities over competing solutions, Save-a-Car allows drivers to save up to 35 percent on their insurance premium when installed.
About Optical Systems, Inc.
Optical Systems, Inc., through its operating subsidiary, Automotive Software Designers, Inc., develops technology and services for the automotive retail industry designed to maximize productivity and increase profits at auto dealerships. ASDI's flagship technology solution, Save-a-Deal, is a turnkey customer relationship management (CRM) tool for auto dealerships. Our business development center (BDC) provides a variety of services designed to help auto dealerships drive traffic to their showroom or Web site, retain customers and generate new streams of revenue. For more information, visit Optical Systems, Inc.
Safe Harbor Statement
This release includes forward-looking statements. Statements contained in this Release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested may be identified from time to time. The Company does not undertake any obligations to update forward-looking statements made by it. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company.
Contact:
Ray Rogers
877 781 2030
invest@a-s-d-i.org
SOURCE Optical Systems, Inc.
Source: PR Newswire (August 12, 2009 - 5:02 PM EDT)
News by QuoteMedia
QuoteMedia - Stock Quotes, Charts and Financial Data Software Applications.
All my signatures are purely my opinion. Please use your own buy and sell signals and never invest in a stock you can not afford to lose money on. For a complete disclaimer click here
-
Optical Systems, Inc. (Pink Sheets: OPSY)
New Auditing Feature in Save-a-Deal 2010 Designed to Protect Dealerships From Fraud and Theft
PR Newswire ***"US Press Releases "
HOUSTON , Nov. 23 /PRNewswire-FirstCall/ -- Automotive Software Designers, Inc. , a leading provider of software and services for the automotive retail industry and a wholly owned subsidiary of Optical Systems, Inc. (Pink Sheets: OPSY) today announced the addition of an all-new fraud and theft audit (FTA) report to the latest version of the Company's flagship, customer relationship management (CRM) software for auto dealerships, Save-a-Deal 2010.
"The new FTA report in Save-a-Deal 2010 protects dealerships from fraud, theft, abuse, and waste," said B.J. Grisaffi , Chairman and Chief Executive Officer of Optical Systems, Inc. "Our advanced data mining and security features create an impermeable, detailed audit of inventory and customers that lets dealerships know where fraud occurs, and prevent against any future occurrences."
Save-a-Deal is a comprehensive, fully-integrated front office software solution specifically designed to increase auto dealerships' profitability. When properly used, this scalable CRM system is guaranteed to increase unit sales and profit-per-vehicle, while lowering costs through enhanced efficiency. Save-a-Deal 2010 is a more streamlined, cost-effective CRM solution than its predecessor with added capabilities in remote personnel management, customer service, training, and security.
New features in Save-a-Deal 2010 include:
-- Real-time access speeds with normal content loads of more than 200,000 database records from three different states with multiple, concurrent users
-- Added scalability from modular software architecture
-- Significant cost savings on installation and maintenance
-- Three levels of security to ensure protection of dealerships' sensitive data and information
-- More customization for electronic records management
"Finance managers can't afford to have discrepancies in their reporting," said Grisaffi. "The FTA report is designed to provide finance managers with air-tight audits and unparalleled security."
About Optical Systems, Inc.
Optical Systems, Inc. , through its operating subsidiary, Automotive Software Designers, Inc. , develops technology and services for the automotive retail industry designed to maximize productivity and increase profits at auto dealerships. ASDI's flagship technology solution, Save-a-Deal, is a turnkey customer relationship management (CRM) tool for auto dealerships. Our business development center (BDC) provides a variety of services designed to help auto dealerships drive traffic to their showroom or Web site, retain customers and generate new streams of revenue. For more information, visit Optical Systems, Inc.
SAFE HARBOR STATEMENT
Safe Harbor Statement under the Private Securities litigation Reform Act of 1995: The statements, other than the statements of historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations. As statements regarding future events concern management's estimates of future results of operations, and as these estimates are based on many elements beyond management's control, differences from management's estimates may occur, and such difference may be material. Although Optical Systems, Inc. believes the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Optical Systems, Inc. or any other person that the objective and plans of Optical Systems, Inc. will be achieved.
To view full company profile CLICK HERE
|
Checking For Related Data... |
View Profile
View Forum Posts
Private Message
Reply With Quote
Visit Homepage
Posting Permissions
Bookmarks