EAC Invest AS (AQEU:EACC)
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eAutoclaims, Inc. (EACC) Retains Alliance Advisors to Initiate a
Proactive Investor Relations Program
OLDSMAR, Fla., March 4 /PRNewswire-FirstCall/ -- eAutoclaims (OTC:EACC)
(BULLETIN BOARD: EACC) , a leading provider of managed collision repair
services and insurance claims processing technology applications, today
announced that it has retained Alliance Advisors, LLC, an affiliate of Hayden
Communications, to initiate a proactive and targeted investor relations
campaign. Matt Hayden, Principal of Alliance Advisors and founder of Hayden
Communications, and his team will be advising the Company in all facets of a
proactive investor communications plan including proper positioning of the
corporate message, creation of press release and presentation materials, and
the development of long-term investor relationships by increasing the awareness
of the EACC investment opportunity to the appropriate members of the
professional investment community.
Eric Seidel, President and CEO of eAutoclaims, commented, "Our recent
announcement regarding our relationship with Greenleaf, coupled with our recent
raise in additional capital, will provide EACC with the necessary platform to
support our Co-Marketing agreement with ADP Claims Services Group. As initial
pilot studies reach completion, the preliminary results indicate EACC has the
right technology and management structure to gain significant traction in the
claims processing space. We have outlined a solid path to profitability by the
end of FY 2005 by increasing revenues and targeting additional insurance
partners. After diligent review, we selected the Alliance Advisors team led by
Alan Sheinwald to ensure that the investment community is kept abreast of our
progress in the development of these programs and assist EACC in maximizing
shareholder value."
Mr. Sheinwald commented, "eAutoclaims has gained significant interest in their
managed collision repair services and insurance claims processing technology
applications and we anticipate the market trend will continue. EACC has
partnered with a recognized leader in ADP Collision Management and the combined
Co-Marketing efforts have shown promising results. EACC continues to implement
their plan, achieving key objectives and building operating leverage through
economies of scale. Orchestrated by a strong management team, the Company is
executing their business model of providing managed collision repair and claims
processing driven by management's passion for moving the Company forward and
driving shareholder value. EACC has positioned themselves for accelerated
growth and profitability in 2005. We will work diligently to properly
articulate the value proposition and strategic vision while EACC continues to
focus on the growth of their business. We look forward to a mutually
productive relationship with the management of eAutoclaims as they advance
toward establishing themselves as the leading provider of managed collision
repair services and insurance claims processing technology applications
throughout the United States."
About Alliance Advisors
Alliance Advisors, LLC, an affiliate of Hayden Communications, Inc., assists
public companies with market valuations under $100 million by developing and
executing investor communications programs dedicated to interfacing with
critical corporate investors in a timely and accurate manner. Clients receive
the treatment of a larger organization, while Alliance provides the guidance
and preparation for exposure required of an emerging public company. As
Alliance clients achieve operational consistency, their investor relation
campaigns are transitioned to the reach of the broader national institutional
investment community.
About eAutoclaims
eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC) is a business services company
that provides the insurance industry with claims management services through
both ASP and integrated outsourcing solutions. The Company's clients are
insurance companies, fleet management companies and insurance services
companies. eAutoclaims' solutions streamline the claims handling process,
decreasing the overall time and cost required to process a collision claim and
reducing average paid losses for its clients. The Company handles repair
estimates, repair audits, and claims systems administration services for
automobile claims that are processed and tracked via the eAutoclaims web-based
platform and network of service providers.
This announcement contains "forward-looking statements." Words such as
anticipate, believe, estimate, satisfies, expect and other similar expressions
as they relate to the Company and its management are intended to identify such
forward-looking statements. Although the Company and its management believe
that the statements contained in this announcement are reasonable, it can give
no assurances that such statements will prove correct. Factors that could
affect the occurrence of events or results discussed herein are included with
those mentioned in the Company's filings with the Securities and Exchange
Commission.
DATASOURCE: eAutoclaims, Inc.
CONTACT: Jeff Dickson, Chairman, eAutoclaims, +1-813-749-1020, ext.
2022, or ; or Investors, Alan Sheinwald of
Alliance Advisors, LLC, +1-914-244-0062, or ,
for eAutoclaims
Web site: http://www.eautoclaims.com/