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GUIDEPOINT TO SUPPLY CUSTOMIZED SOLUTION TO AUTOMOTIVE CREDIT CORPORATION

PONTIAC, Michigan – February 09, 2009 – Telematics supplier GuidePoint Systems announced it has been selected to supply a customized collections solution for Southfield, Mich.-based Automotive Credit Corporation.

Guidepoint, based in Pontiac, Mich., said it will partner with ACC to create an enhanced collections strategy program using Guidepoint’s proprietary GPS hardware, firmware and call-center services.

“We’re very pleased to partner with ACC, which is coming off of its most successful year to date in 2008, with expansion into six new states and record sales numbers month after month,” said Werner Scherz, sales director of the auto finance channel. “They’ve established themselves as an industry leader by creating innovative programs that serve both dealers and credit-challenged consumers. We will be working with ACC to design a service-oriented program that will help them increase collections, reduce repossession and collections-related costs, and strengthen their relationships with dealers and consumers.”

“Guidepoint has proven itself as an innovator and leader in all of the markets where it competes,” said Tony Stallworth, VP - sales and marketing of Automotive Credit Corp. “We look forward to tapping their expertise in the subprime market, as well as their proven approach of combining high-tech hardware/firmware with high-touch service delivered through their 24/7/365 response centers.”

About Automotive Credit Corporation: Headquartered in Southfield, Mich., ACC is a regional automobile finance company focused on the subprime market. ACC purchases installment contracts from both independent and franchised automobile dealers for consumers with limited or challenged credit histories who are unable to obtain financing from traditional sources. Founded in Michigan in 1992, ACC has partnerships with hundreds of dealers throughout the Midwest, East and Southeastern United States, including Michigan, Ohio, Illinois, Indiana, Tennessee, Kentucky, Missouri, Georgia, Maryland, Florida, Virginia, Kansas, Arkansas, and Alabama.

About GuidePoint Systems: Sold through more than 1,500 new and pre-owned dealerships nationwide, Guidepoint integrates GPS, advanced wireless technology, the Web and 24/7/365 response centers to deliver a variety of services to vehicle owners and fleet managers. Rated the #1 stolen vehicle tracking solution in 2007 by international research firm Frost & Sullivan, Guidepoint also offers a variety of driver safety, convenience, fleet management and vehicle tracking services. Visit www.guidepointsystems.com or call 1-877-GPS-FIND for more information.

GuidePoint Systems - Track your vehicle - Get: directions, road information, Emergency help, Restaurant or hotel reservations, Your cars GPS location
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Guidepoint Rated #1
"Frost & Sullivan is pleased to recognize Guidepoint's ability to grow consistently, year after year, with the 2007 Best Bang for the Buck of the Year Award in stolen vehicle tracking systems,” said Frost & Sullivan’s Sathyanarayana K, research analyst. “We attribute this success to the company's service orientation, the positive relationships that it has built with dealers and distributors, and the unique hardware/software package that it offers to end-users."

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GuidePoint Systems - Track your vehicle - Get: directions, road information, Emergency help, Restaurant or hotel reservations, Your cars GPS location
 
 
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