Buyout!!

DealerTrack to buy Arkona for $58.9 mln
Fri Apr 27, 2007 8:35 AM ET



April 27 (Reuters) - DealerTrack Holdings Inc. <TRAK.O>, a software provider for the automotive retail industry, said it agreed to buy Arkona Inc. <ARKN.OB>, a provider of dealer management systems for automotive dealerships, for $1.38 a share.

The total purchase price of the deal, which is structured as a cash tender offer, is about $58.9 million, the company said.

The offer price represents a 3 percent premium over the closing stock market price of Arkona on April 26, DealerTrack said in a statement. (Reporting by Hari Kumar in Bangalore)

Man is this board ever dead..... they just announce a record quarter.....

ONCE AGAIN I APP. YOUR WORK ON NSDM, DECIDED TO POST FROM THIS SITE SINCE NSDM HAS BECOME SO CONFUSING. DID YOU SEE THE PR ON ARKN ABOUT DAIMLER TODAY. IF DAIMLER HAD POSTED THE PR IT WOULD HAVE BEEN BENEFICIAL IN HELPING EXPOSE ARKN TO THE INVESTMENT WORLD. ARKN RESPONDED TO MY E-MAIL ABOUT THIS AND SAID DAIMLER HAS POLICIES PREVENTING THEM FROM PUTTING OUT THAT TYPE OF PR. WASN'T EXPECTING MUCH FROM NSDM PR TODAY BUT IT DID CONFIRM ONE THING FOR ME, YOU ARE OBVIOUSLY IN TOUCH WITH THE PULSE OF THE CEO.

Hey Mike-a, I just read your 1st post!!! This is great...I know the guy in charge at Ford Motor over all the computer decision making! And Billy's (William Ford) neighbor is a customer of mine! Small world!!!! You find that the board does get heated sometimes....I just learn to ignore it...even I have gotten heated on it as you have just learned. The gentleman I referred to also knows of my decision in NSDM and patiently listens to the updates when I talk with him about once a week....great guy! Small world! Welcome aboard!

i am a finance manager at a ford dealership [f&i]. we are interviewing different computer companies to handle our dealership programming. we have choosen arkona over 3 other companies including our current software provider. thier product is far superior to any other at a considerably lower price. rumor has it that ford motor co will soon be anouncing that arkona has been certified to interconnect with fords system. i dont know what this will do to the stock considering arkona is at max installs per month now, but the news should spark quiet a rally

http://biz.yahoo.com/bw/031008/85176_1.html

ARKONA Announces Consecutive Quarters of Record Revenues, Earnings
Wednesday October 8, 9:00 am ET

SALT LAKE CITY--(BUSINESS WIRE)--Oct. 8, 2003--ARKONA Inc. (OTCBB:ARKN - News), the leader in Web-enabled dealer management solutions for the automobile industry, today announced its second consecutive quarter of record revenues and profitability.

For its second fiscal quarter ending Sept. 30, 2003, the company reported earnings of $137,442 on revenues of $1,235,890, as compared to a loss of ($365,101) on revenues of $914,583 for the same period last year.

"We continue to strengthen our balance sheet through debt reduction and accumulations of cash and cash equivalents," said Stephen Russo, chief financial officer. "Achieving record revenues is very satisfying to the management team, but we're even more encouraged by the fact that earnings are increasing at an even faster pace. This reflects significant increases in personal productivity and leveraging of company assets."

"The strong growth ARKONA is experiencing is a reflection of the accelerated adoption of our unequalled Web-enabled dealer management solution," said Alan Rudd, chief executive officer. "Our business model is correctly targeted and our sales, engineering and customer service teams are consistently meeting established levels of performance. All signs point to significant ARKONA market share gains through the third and fourth quarters and into the next fiscal year."

To keep pace with customer demand for its Internet-based dealer management solutions, ARKONA continues to invest in its infrastructure. Partnering with IBM, the company recently added a fifth IBM iSeries system to its state-of-the-art hosting facility in Salt Lake City. The new IBM model 810 will increase ARKONA's growth capacity by more than 2,000 customer connections.

About ARKONA Inc.

ARKONA was the first to offer a true Application Services Provider (ASP) solution for the automotive industry and continues to be a market leader in providing innovative e-business solutions for automobile dealers. A public company, ARKONA was founded in 1996 and trades under the symbol ARKN. For more information, visit ARKONA's Web site at www.arkona.com.

This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve known or unknown risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events.
Contact:

ARKONA Inc., South Jordan
Dave Jenkins, 801-501-7109
dave.jenkins@arkona.com


Source: ARKONA Inc.

Record revenues and profitability

http://biz.yahoo.com/bw/030723/235185_1.html

Press Release Source: ARKONA Inc.

ARKONA Reports Record Revenues, Profitability
Wednesday July 23, 9:15 am ET

SALT LAKE CITY--(BUSINESS WIRE)--July 23, 2003--ARKONA Inc. (OTC: ARKN - News), a leader in Web-based dealer management solutions for the automobile industry, today announced record revenues and profitability for its first fiscal quarter.

The company reported total revenue of $1,103,242 for the three-month period ended June 30, 2003, as compared to revenue for the same period last year of $641,720. This represents a 72% increase in revenues. Net income for the same three-month period was $130,939 versus a net loss for the same period last year of ($451,685).

"ARKONA is emerging as a stronger, bolder competitor with our sights set firmly on leadership and growth," stated Alan Rudd, CEO, ARKONA. "Adherence to our business model is working, and we are seeing a steady increase in recurring monthly revenues and in the number of new dealer installations. Our continued growth and success lie in our superior Web-based services and solutions. Dealers see these as a great value and as a platform that gives them a distinct advantage over traditional DMS offerings."

ARKONA continues to expand its customer base with more than 300 clients operating on the ARKONA platform in the United States. The company continues to increase the number of sales and support personnel to accommodate the demand for ARKONA solutions.

About ARKONA Inc.

ARKONA was the first to offer a true Application Services Provider (ASP) solution for the automotive industry and continues to be a market leader in providing innovative e-business solutions for automobile dealers. A public company, ARKONA was founded in 1996 and trades under the symbol ARKN. For more information, visit ARKONA's Web site at www.arkona.com.

This release may contain forward-looking statements as well as historical information. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve known or unknown risks, uncertainties and other factors that may cause the company's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this release. Such forward-looking statements speak only as of the date of this release. The company expressly disclaims any obligation to update or revise any forward-looking statements found herein to reflect any changes in company expectations or results or any change in events.
Contact:

ARKONA Inc., Salt Lake City
Dave Jenkins, 801-501-7109
dave.jenkins@arkona.com