NCompassTrac Awarded Patent No. 9,785,967 from United States Patent and Trademark Office for its CARS™ solution

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NCompassTrac LLC has been awarded a Patent for the methods and algorithms used in its Customer Acquisition and Retention Solution also known as CARS™. Under this Patent, proprietary algorithms and methods work to aggregate, clean and segment consumer data for the purpose of marketing and communication on behalf of an enterprise such as an automotive or powersports dealership or other industry that wish track communication to and from current and prospective customers.

Through this Patent, we are representing to our clients that we have put the effort into a level of protection for them not afforded by most other vendors and that we are committed to the business of producing original non-infringing technologies that drive revenue and improve customer engagement

Some embodiments of the invention include a novel consumer data aggregation and segmented marketing communication system that assists companies wanting to increase revenues by offering incentives that recapture lost customers and acquire new customers not yet known to the business. The system also allows for the communication collateral to be “coded” information that is read or scanned at a redemption point to instantly identify customer segment, category and usage statistics. Also included are capture capabilities that scan or read drivers’ license information that in turn trigger execution of predefined business rules to classify and make decisions on what process to should be executed.

The invention also embodies a digital currency in the form of points and or declining balance of pre-loaded currency amounts on a “coded” medium that are tracked and stored for complete commerce, audit and accounting purposes.

Under the Patent, data input can come from a variety of sources such as CRM, DMS, 3rd party data providers or any other source and is run through the proprietary algorithms and methods that are directed through a friendly end user interface. The output of which is segmented data and files that can be “coded” for distribution from a mail house, electronic method(s) or other distribution medium that can be used to redeem coded incentives. Data is secured using encryption algorithms, public and private keys.

“We could not be more excited to receive this Patent”, states Ron Vangell, CSO NcompassTrac and one of the Patent authors. “It represents the value proposition of our unique offering and technology advantage. Through this Patent, we are representing to our clients that we have put the effort into a level of protection for them not afforded by most other vendors and that we are committed to the business of producing original non-infringing technologies that drive revenue and improve customer engagement”.

This patent is retro-active to the original filing date which is February 2014.

About the United States Patent and Trade Office: The United States represents the largest, most dynamic marketplace in the world and is an unapparelled location for business investment, innovation, and commercialization of new technologies. The USA offers tremendous resources and advantages for those who invest and manufacture goods here. Through SelectUSA, our nation works to encourage and facilitate business investment. To learn more about why the USA is the best country in the world to develop technology, manufacture products, and grow your business, visit SelectUSA.gov

About NCompassTrac LLC: NCompassTrac is an industry leader in the development of cloud and mobile based technologies that enhance and increase the revenue potential of companies though out the world. Headquartered in Laguna Hills California, USA, NCompassTrac provides the Automotive, Powersports and other industries the ability to capture new and reward existing customers with incentives that insure a lasting business relationship. Its customers include Mercedes‑Benz, Honda, BMW, Lexus, GMC, Harley-Davidson, Polaris, and other major industry brands. For more information: http://www.ncompasstrac.com

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Todd Holbrook
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