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AppOne Creates Product Marketplace

July 24, 2006

BATON ROUGE, La. -- AppOne announced it has introduced a Product Marketplace to give third-party vendors the opportunity to connect with the company's network of independent dealers, according to Auto Remarketing News.

The Product Marketplace is an online forum for selling products associated with the sale of vehicles. Participating vendors also have access to AppOne's financing sources.

Company executives said the marketplace features real-time technology, integration, automated product enrollment, electronic pricing and quotes, along with laser-printed forms.

The marketplace also provides a single point for premium payments, which ensures that vendors and dealers receive all monies due for the sale of products, executives added.

"AppOne remains neutral within the Product Marketplace," explained Lee Domingue, chief executive officer of AppOne. "While we do not endorse a particular product or product line, we found that our system provides a unique opportunity to assist in connecting our dealer and vendor partners."

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