In 1997, Gordon & Howard Associates originated, designed and built a product called PASSTEC, which revolutionized the industry. This starter interrupt product was designed to protect vehicles sold to the buy here pay here sector of the finance market by safely disabling a delinquent customer s vehicle. For the past 5 years this product has been used extensively across the United States and overseas. PASSTEC is estimated to be protecting over $150 million dollars in sub-prime finance vehicles.

PASSTEC was so successful that they introduced a variation of it called PASSTIME in 2000. It allows a customer the option of mailing in their payment. This product gives dealers and finance companies more flexibility in the way they manage their vehicles and customers. PASSTIME allows the lender the ability to change customer terms with the touch of a button, and can be adjusted from one to ninety days. It also includes free dealer management software that is unique to the industry. PASS-TIME has even integrated its software with some of the industries leading software companies- including Auto Master Systems, Advanced Business Computers, And Wayne Reaves Systems.

As consumer credit gets worse, PASSTIME has seen their market expand from the small independent buy here pay here stores, to new car dealers and now the special finance companies. Ray Lyle, the owner of Nice Cars in Georgia, sells approximately 500 cars a month. Ray reports that not only are there double digit drops in delinquencies and repossessions, but his collection department has been reduced from 12 people to 5. In general, the product reduces delinquencies from approximately 28% down to 5%, and diminishes repossessions from 12% to 2%. This drastic reduction in delinquencies is typical of the more than 1200 dealers using PASS-TIME all over the country.

PASSTIME has put into place the following safe guards to make sure that both the lender and customer are protected. If a customer has any problem entering a code or starting their vehicle, they can call a 24-hour emergency service. The emergency service will issue emergency codes or call 911. Each device is equipped with two 24-hour emergency override codes to help a stranded customer. PASS-TIME provides a complete customer disclosure statement to aid in informing the customer about the system. They have the highest design &- manufacturing standards for automobiles QS9000 certification # 5236. Please feel free to call 1-888-547-9017 or visit www.passtec.com