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DPFD Deep Field Technologies Inc (CE)

0.0001
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Deep Field Technologies Inc (CE) USOTC:DPFD OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

AutoMart-China Contracts with 7 Insurance Companies to Offer Evaluation/Coverage Decisions On-Site at Beijing Centers

05/03/2007 12:59pm

Business Wire


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AutoMart-China – the largest independent auto aftermarket company in Beijing and a 95% owned subsidiary of Deep Field Technologies, Inc. (OTC BB: DPFD) – has contracted with seven insurance companies to offer damage evaluation and make coverage decisions at AutoMart maintenance and repair centers. AutoMart contracted with Zhong Hua United Property Insurance Company, Pacific Insurance Company, An Bang Property Insurance Company, Sunshine Property Insurance Company, China People's Property Insurance Company, Hua An Property Insurance Company, and Tian An Property Insurance Company for the new service. The program was launched with the establishing of facilities at four of AutoMart’s centers in Beijing to evaluate damage and make coverage decisions on-site, providing fast and direct services to customers right where the repairs will be completed. AutoMart Chairman and CEO Pang Guisan called the evaluation and coverage decisions at the repair centers “the most forward-looking program of its type in China.” He said early indications showed that the co-located services have resulted in an increase in repair business for AutoMart. About AutoMart China AutoMart-China (Beijing Sino-US Jinche Yingang Auto Technological Services Ltd., www.AutoMart-China.com) is the largest independent auto aftermarket company in Beijing, and recently entered a share exchange agreement to become 95% owned by Deep Field Technologies, Inc., of Matawan, N.J. (OTC BB: DPFD). AutoMart is a full-service automotive repair and maintenance company operating throughout Beijing. With more than 450 employees, a typical AutoMart facility is substantially larger than most other automotive repair facilities, with its largest being nearly 100,000-square feet. Along with its focus on repair and maintenance, AutoMart owns and operates automotive insurance agencies co-located within each of its repair facilities. This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.

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1 Year Deep Field Technologies (CE) Chart

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