Business & Finance
Business and Finance
Business and Finance
Wed, December 7, 2011 Futura Announces Strategic Partnership with Western Dealers Co-Auto
December 07, 2011 08:00 ET
Futura Announces Strategic Partnership with Western Dealers Co-Auto
Western Dealers Co-Auto to Promote Futura's Loyalty Product Offering to Its 900+ Auto Dealer Clients in Western Canada
TORONTO, ONTARIO--(Marketwire - Dec. 7, 2011) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) (the "Company") today announced that it has entered into an agreement with Western Dealers Co-Auto ("WD Co-Auto"), a Western based buying cooperative that currently services over 900 auto dealers in Manitoba, Saskatchewan, Alberta and BC to act as a sales lead generator. Commencing February 15th, 2012, WD Co-Auto will begin promoting Futura's product offering to its dealer clients through its various client outreach channels and will refer all qualified sales leads to Futura for follow up. WD Co-Auto will also assist Futura in managing its roster of active dealer clients within Western Canada.
"This agreement with WD Co-Auto will allow us to build on the very successful arrangement we've had in place for the last two months in Eastern Canada with Co-Auto Co-Operative Inc. and have full national coverage with the two leading auto dealer buying groups in Canada. We are enjoying very strong sales momentum in Eastern Canada and look forward to replicating this success in Western Canada through this partnership with WD Co-Auto." said Mark Farrell, President and CEO of The Futura Loyalty Group.
"We are excited about promoting Futura's product offering to our 900 plus auto dealer clients. We are impressed with the very positive response they've had from auto dealers in Eastern Canada and are very confident that we can help them grow their presence significantly in Western Canada by leveraging our extensive book of auto dealer client relationships currently in place." said Mike Reid, President and CEO of WD Co-Auto.
About The Futura Loyalty Group
The Futura Loyalty Group Inc. is an industry-leading provider of integrated and stand-alone loyalty solutions for Canadian businesses. The company offers a suite of loyalty products and services including access to two existing branded loyalty currencies. Futura also develops custom programs for companies wishing to develop proprietary loyalty solutions. Futura's loyalty services include member account set up, management and reward redemption platform, a web-based program transaction reporting interface for merchants, a robust offer management system, retail POS Integration for card swipe issuance and a proprietary web based reward issuance solution. For more information regarding Futura Loyalty Group, visit [ www.tflg.ca ].
About WD Co-Auto
WD Co-Auto is a co-operative buying group doing business with over 900 new car and truck dealerships in Manitoba, Saskatchewan, Alberta and British Columbia. WD Co-Auto was designed to benefit its auto dealer members by offering a Complete Purchasing Program providing top quality products, services, equipment, and central billing. For more information regarding WD Co-Auto, visit [ www.wdcoauto.com ].
