'Buy Here Pay Here' Auto Dealers Increase Bottom Line Using PassTrax and
AerFrame
SEMA, LAS VEGAS, Nov. 1 /PRNewswire/ -- Aeris.net(R), the leading network
provider for wireless machine-to-machine (M2M) communications services, and
PassTime(TM), the industry leader in starter interrupt and payment solutions,
today announced the availability of PassTrax(TM), PassTime's MicroBurst(R)
GPS-based asset location product. PassTrax uses the Aeris network to locate
vehicles with AerFrame(TM), Aeris's premium M2M service delivery platform.
The AerFrame network management platform delivers robust, on-demand
connectivity for multi-layered network services and enables the communication
required for quick recovery of vehicles in default.
PassTime sells PassTrax to specialized finance dealers, enabling assets to
be immobilized and located when a car payment has not been made. Using the
always-on AerFrame network, PassTrax allows the dealer to safely disable the
vehicle in an effort to encourage a payment. If the customer still does not
make a payment, PassTrax locates the vehicle for repossession.
"PassTrax is a result of the relationship that we have been building for
several years with Aeris," said Stan Schwarz, Founder and CEO, PassTime. "Our
collaboration has resulted in PassTrax -- a market leading solution which
facilitates real-time control of assets for specialized finance dealers. Our
customers are enthusiastic about the results, and we are looking forward to
developing additional new products with Aeris in the near future."
"Adding an industry leader like PassTime to our customer base further
establishes Aeris.net as the industry leader in providing M2M network
solutions to both the fleet management and asset tracking markets," said
Robert Schoenfield, Senior Vice President of Business Development and
Marketing for Aeris.net. "PassTime brings Aeris additional visibility into the
auto aftermarket and specialized finance segments."
About PassTime
Headquartered in Littleton, Colorado, PassTime(TM) supports and enhances
the specialized finance industry through the implementation of high tech
payment solutions. Founded in 1990, PassTime(TM) invented the industry's first
starter-interrupt device in 1997. Seven years later, PassTime(TM) has
sustained industry leadership and thought superiority through the release of
an entire family of highly advanced starter-interrupt solutions and
technologies, helping the industry mature and achieve new levels of
profitability and respect. http://www.passtimeusa.com
About Aeris.net
Aeris.net is the leading machine-to-machine (M2M) network services
provider in North America. Through its unique AerFrame(TM) M2M platform, and
in partnership with more than 30 wireless carriers, Aeris.net delivers rugged,
real-time managed data delivery for mission critical applications such as
life-safety and security, high-value asset tracking, and numerous other fixed
and mobile wireless applications. Leveraging the strength of MicroBurst(R),
Aeris has created a new and powerful paradigm in wireless M2M -- rugged
connectivity combined with standby availability of higher bandwidth network
services. AerFrame provides customers with network options tailored to their
specific needs -- virtually any network protocol or combination of protocols
best suited for specific M2M application requirements. Today, Aeris.net
provides service to over one million customer devices. For more information,
please visit http://www.Aeris.net or call 1-888-GO-AERIS.
NOTE: Aeris.net(R), AerFrame(TM), Aeris(R) and MicroBurst(R) are
trademarks of Aeris Communications. All other company or product names are
trademarks of their respective owners.
SOURCE Aeris.net
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Related links:
http://www.aeris.net
CONTACT:
Delona Lang of Bock Communications,
+1-714-540-1030, ext. 22, or dlang@bockpr.com, for Aeris.net
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