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PATA Names Interim Board of Directors

July 7, 2008

HANOVER, Md. -- The newly formed Payment Assurance Technology Association (PATA) named an interim board of directors, created membership categories and committees, and appointed Jack Tracey, an auto association executive, as its executive director.

Board officers include PATA president Stan Schwarz, founder and CEO of PassTime, vice president Ashley Herndon, director of financial solutions at Sekurus ON TIME, secretary Rick Loftsgard, of CAR Financial Services Inc. and ACC Consumer Finance, and treasurer Roger Dewey, president and CEO of Telit Americas.

The association also created five categories of membership for manufacturers, distributors, users, communication companies and affiliate members. The membership application is available on the association's Website.

The association also established committees for manufacturers, distributors, users and telecommunications.

In addition, PATA finalized its mission statement to unify, standardize and validate the activities of the industry and markets engaged in the manufacture, sale and use of technology for monitoring or disabling vehicles and for other applications.

The next meeting will take place in September at Las Vegas in conjunction with the F&I Conference and EXPO 2008. For more information, contact jtracey@patassociation.com.

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