News Column

SkyLINK Selected by Chase Auto Finance for Integrated Financing

January 23, 2014

PHOENIX --(BUSINESS WIRE)-- Inilex , a leading provider of intelligent telemetry solutions for vehicles, today announced that Chase Auto Finance, a division of JP Morgan Chase, has approved the SkyLINK stolen vehicle recovery solution as a finance and insurance (F&I) product for which it will provide an additional advance. This means that customers purchasing vehicles can include the cost of SkyLINK into their overall financing package, making the solution more attractive to customers as well as to dealers during the F&I process. “More and more dealers are beginning to recognize SkyLINK as the premier stolen vehicle recovery solution on the market today,” said Michael Maledon , Inilex’s CEO. “This additional product advance from Chase makes SkyLINK more accessible to more customers.” SkyLINK uses state-of-the-art GPS technology to give car buyers real-time theft recovery that also helps law enforcement identify and arrest thieves. “Having SkyLINK incorporated into the customer's buying package allows us to offer higher value solutions during the F&I process at minimal impact to the customer,” said Dora Hermann , finance director at Camelback Volkswagen, Subaru and Mazda in Arizona . “It's a mutually beneficial arrangement for us and for customers who will gain an excellent theft-recovery solution." Inilex also delivers InilexGPS and InilexGPS Fleet , which are customizable platforms for large enterprise accounts to manage vehicle fleets, mitigate risk and track inventories in real time, enabling companies to connect to their mobile assets and workforces. About Inilex Headquartered in Phoenix , Inilex® is an Inc. 500|5000 company and the industry-leading provider of intelligent telemetry solutions. It combines the power of the Global Positioning System (GPS) with the flexibility of a best-in-class wireless messaging system to develop telemetry solutions for businesses and consumers alike. Inilex is online at . The company was named one of America’s Most Promising Companies by Forbes , a Deloitte Technology Fast 500 company, and its technology has won numerous awards including the Connected World 100 four consecutive years. For Inilex Claire Mylott , 303-455-0933 Source: Inilex

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Business Wire

Story Tools