DealerAdvance, Inc. (PKS. DLAD) has acquired an interest in Spectrum Broadcasting. The company signed their Letter of Intent on November 13, 2009 with spectrum. They will work to help Spectrum to develop their business plan to acquire superior broadcast signals in medium size southwestern markets over the next three years.
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Spectrum signed a letter of intent to acquire KZAM-FM in Wichita Falls, TX which will be follow by an asset purchase agreement in the next 90 days. This is but the first of a series of radio station acquisitions that the two companies will participate together in.
DealerAdvance, Inc. designs, develops, markets, sells and installs a Web-based application software and database system that manages the auto dealer-customer relationship. In January 2007, the Company launched Web DA, its Web-based version of its DealerAdvance software, for conventional desktop or laptop computers.
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