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LinuxPR: Magic Software Signs Deal With Athlon Groep To License Its RentPro Car Rental Management System

Nov 09, 2000, 20:51 (0 Talkback[s])

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"Deal Estimated at more than $1,000,000."

"Magic Software Enterprises (Nasdaq: MGIC) announced today that it has signed a contract estimated to exceed $1,000,000 with the Athlon Groep (Athlon), which operates auto leasing and rental agencies, car dealerships and body shops in several countries in Europe. Under the terms of the contract, Athlon will license Magic's RentProTM car rental management system. Already implemented at AXXI Car Rental in Holland and in the process of being implemented at Autop Rent in France, Athlon will use RentPro to standardize its car rental activities throughout the Netherlands and abroad."

"RentPro is Magic's full-service e-business and client/server solution for car and truck rental companies developed by its 75%-owned subsidiary, Magic Rental Technologies, Inc. (MRTI). An enterprise solution, RentPro contains more than 2,000 programs, including more than 90% of all of the functions handled by car and truck rental companies with multiple facilities worldwide. Some of the functions handled include purchase and sale of vehicles, reservations management, leasing and rental arrangements, and fleet control and management. In addition, RentPro has the ability to interface with virtually any accounting system."

"RentPro will enable us to streamline our chain of operations to achieve improved operating efficiencies and cost savings," said Willem Nijissen, chief information officer at Athlon. "We chose to license RentPro because it offers several important advantages over competing products. Chief among these is its record of successful operation at other significant multinational car rental and leasing companies."

Press Release