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Monday, February 16, 2009

Compiled Logic Announces General Availability of LTRS Owner Notification Service

Here's the press release from Business Wire:

New Service outsources electronic approach for towing operators to meet state guidelines for registered owner and lien holder notification

HOUSTON--(BUSINESS WIRE)--Compiled Logic (C:LOGIC), the leading provider of Towing Lifecycle Management solutions, today announced the general availability of LTRS, the first end-to-end, electronic approach for towing operators to meet state guidelines for registered owner and lien holder notification.

“Integration of LTRS into our systems and processes has allowed us to outsource all owner notification,” states S. Page Porter, CEO, A Tow, Inc. “The end result is a huge savings in time, money and I was able to refocus two full-time employees away from pushing stacks of paper around and back to the issues of my core business.”

Replacing manual processes, paper letters, faxes and stamps, LTRS is a fully outsourced, turnkey approach for owner notification. LTRS covers the entire notification process, including electronic retrieval of registered owner and lien holder information from state repositories (DMV/DOR). This information is then automatically merged into customized notification letters, mailed, electronically tracked through the USPS and available in a searchable online database. LTRS eliminates cumbersome paper storage and lowers the potential for legal challenges that result in lost storage revenue, exorbitant fines and license suspensions.

LTRS consists of two services that can be purchased together or independently.

  • LTRS Electronic Owner Retrieval Service – Provides electronic retrieval of owner and lien holder information from state Department of Motor Vehicle (DMV)/Department of Revenue sources. LTRS will provide online access to up to 22 state DMV/DOR repositories.
  • LTRS Automated Mailing Service – merges, prints and mails customized owner notification letters through the United States Postal System. Delivery information is tracked electronically and archived in a searchable, online database to meet state document retention requirements.

“LTRS is the result of our efforts to enact state laws like Georgia House Bill 945,” states Lawrence Estes, CEO of Compiled Logic. “The towing industry and general public have a right to simple, timely method of notification and LTRS delivers for 10% of the cost of today’s process.”

LTRS is available directly from Compiled Logic or through a network of nationwide resellers, including state towing & storage associations, and directly through leading storage lot management software packages.

About Compiled Logic

C:LOGIC provides Vehicle Information-Sharing and Notification Services to people impacted by towing issues, including law enforcement agencies, state and local municipalities, the towing and storage, automotive, and insurance industries, and private citizens. As the leader in Towing Lifecycle Management solutions, C:LOGIC’s multi-jurisdictional solutions are used by major US metropolitan areas such as Houston, Atlanta, and Bernalillo County to provide the least disruptive, lowest risk answer to lowering towing management costs, providing effective industry compliance oversight and helping citizens locate missing or stolen vehicles. For more information, please contact us at 888-876-VINS (8476) or visit www.compiledlogic.com

Contacts

Compiled Logic Corporation
Ron Smith, 281-451-0766
rsmith@compiledlogic.com

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