Hot Opportunity: Explosive Growth Potential DriverShield CRM Corp. (Nasdaq:DRVR) Company has $9,000,000 Cash on hand, and just signed major contract. ----------------------------------- Driversshield.com Corp. is engaged in automotive fleet management and administration of automotive repairs for businesses, insurance companiesand members of affinity groups. For the nine months ended 9/30/01, revenuesrose 14% to $12 million. Net loss totaled $347 thousand vs. an income of $199 thousand. Results reflect higher collision repair and fleet management revenue due to expansion of the client base, offset by higher marketingand non-cash compensation costs.
RECENT UPDATES: DriverShield CRM Corp. (Nasdaq:DRVR) has signed Bankers Insurance Companyof Florida to a three-year contract. Bankers will use DriverShield's CRM program to manage its automobile collision-repair claims process. Bankers also will offer their insureds membership in DriverShield's ADS (Auto Discounts and Services). In so doing, Bankers will lower the severityof its auto physical-damage claims and loss-adjusted expenses (LAE), while enhancing customer loyalty and retention -- and increasing market-share. DriverShield Corp. Completes Sale of Fleet Unit to PHH Arval. $7.3 Million Transaction, Following Shareholder Approval at Annual Meeting, Sets Stage for Strategic Partnership with PHH and Ramp-Up of CRM Business -- DriverShield (Nasdaq:DRVR) announced today that it has completed thesale of its fleet services unit to PHH Arval for $6.3 million. As part of the transaction, PHH also agreed to invest an additional $1 million in DriverShield, receiving preferred stock convertible into 500,000 common shares at $2.00 per share, and will also become a strategic partner. ------------------------------------------------------------ Disclaimer MAG publishes reports providing informationon selected companies that MAG believes has investment potential. MAG is not a registered investment advisor or broker-dealer. This reportis provided as an information service only, and the statements and opinionsin this report should not be construed as an offer or solicitation tobuy or sell any security. MAG accepts no liability for any loss arisingfrom an investor's reliance on or use of this report. An investment inThe Above named company is considered to be highly speculative and shouldnot be considered unless a person can afford a complete loss of investment.MAG has been hired by a third party consultant, and is contracted toreceive a cash advertising fee of $500-$5000 for the publication andcirculation of this report. Subsequently MAG may buy or sell shares ofthe stock of the above mentioned company in the open market. This reportcontains forward-looking statements, which involve risks, and uncertaintiesthat may cause actual results to differ materially from those set forthin the forward-looking statements. For further details concerning theserisks and uncertainties, see the SEC filings of the above mentioned companyincluding the company's most recent annual and quarterly reports. _______________________________________________________________________ Powered by List Builder To unsubscribe follow the link: http://lb.bcentral.com/ex/manage/subscriberprefs?customerid=11414&subid=AC16A448F323D99C&msgnum=21
