Corcentric Secures Deal with Hino Trucks


MCLEAN, Va., April 25 -- Corcentric announced today the signing of an agreement to facilitate Hino Trucks' Mega-Fleet parts program for its National Accounts. Hino Trucks sells and services a full product line of Class 4-7 light and medium duty trucks through a nationwide dealer network, and operates a national parts distribution center, servicing a network of authorized Hino dealers across the U.S. Corcentric specializes in helping companies in the commercial trucking industry reduce the costs associated with processing business-to-business transactions.

Corcentric will support Hino Trucks' Mega-Fleet program by simplifying and streamlining their billing processes. By using the Corcentric system, Hino Trucks will be able to bill from a single source instead of multiple locations. This allows for faster transactions and significantly reduced costs. "The Corcentric system ensures that seamless pricing and reporting capabilities are performed for the Hino Trucks' Mega-Fleet program throughout the entire Hino Trucks dealer network," says Dave Lindeen, Vice President Sales for Corcentric.

In making the decision to partner with Corcentric, Dominick "Nick" A. Vermet, Senior Vice President, Sales Marketing & Customer Support of Hino Trucks stated, "Corcentric will enable us, along with our dealer organization, to effectively manage our Mega-Fleet program while providing lower fixed costs to our end user customers."

About Corcentric

Since 1998, Corcentric has specialized in helping companies in the transportation industry reduce the costs associated with processing business- to-business transactions. We build customized solutions that take you from paper-based and manual processing to electronic and automated processing. The result is increased revenues and reduced business costs.

If you are interested in the Corcentric solution or would like more information, please contact Dave Lindeen, Vice President, Sales at (877) 790-7272, e-mail dlindeen@corcentric.com, or visit the Website at www.corcentric.com/ .

About Hino Trucks

Hino Trucks, headquartered in Detroit, MI, is the distribution arm of Hino Motors Ltd. based in Tokyo, Japan. Hino Trucks sells and services a full product line of Class 4-7 Light and Medium Duty Trucks through a nationwide network. The trucks distributed in the U.S. are assembled in Long Beach, CA. Hino Trucks also operates a National Parts Distribution Center in Southhaven, MS. Toyota owns controlling interest in Hino Motors Ltd. For more information on Hino Trucks, contact Chad Bamberg, Marketing Manager, at (248) 648-6423, e-mail bamberg@hino.com, or visit the Website at www.hino.com/ .

Source: Corcentric

CONTACT:

Kate Donahue of Corcentric,

+1-856-773-0600, ext. 27,

kdonahue@corcentric.com

Web site: www.corcentric.com/

http://www.hino.com/

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