FORT WORTH, Texas -

License plate recognition technology provider Digital Recognition Network recently finished up a full and robust integration with iRepo, a provider of e-commerce recovery management solutions to the auto finance and recovery service industries.

Officials explained the integration is meant to enable iRepo users to fully utilize DRN’s national LPR platform, making it possible to have all of their open accounts on the radar of DRN’s national network of more than 540 professional recovery agents.

They pointed out these agents — DRN Affiliates — operate more than 2,500 mobile LPR Camera Units 24/7 across the country.

To date, the company said DRN’s Affiliate network has scanned more than 500 million plates and has facilitated the recovery of more than 70,000 vehicles. DRN stressed the majority of these recovered vehicles went through multiple phases of the traditional repossession and skip placement process without success prior to being entered into DRN’s system.

“DRN is proud of both this accomplishment and our relationship with MBSi Capital Corp.,” Digital Recognition Network president Cort DeHart stated.

“MBSi is a fantastic partner and worked diligently to complete all phases of the integration,” DeHart continued. "DRN is focused on providing a secure and open platform for our affiliates and lending clients to ensure that our platform has the flexibility and transparency to easily distribute vehicle locate data into any system or process that may currently be in use.

“We expect great things to come as a result of this accomplishment,” he added.

John Rhodes, president of MBSi Capital Corp., discussed the integration by saying, “MBSi has been a leading provider of online distribution management systems to both recovery agents and lenders for several years.

“With the continuation of our relationship with DRN, Re-Pros users will be able to work seamlessly with DRN’s industry leading technology,” Rhodes went on to state. “The real-time dynamic flow of data between DRN and Re-Pros provides a new avenue of growth and technology opportunity for repossession companies across the country.”

DRN’s DeHart is scheduled to be part of a panel discussion at the brand-new Re3 Conference that will focus on the issues and topics impacting the recovery, repossession and remarketing industry today.

This half-day event on Wednesday, Nov. 16 also will feature other top executives and leaders in the industry addressing a variety of subjects, including:

—Forwarding
—Agent-Direct
—Selling Repos Direct from Agent Lots
—Technological Advancements
—New Strategies
—Best Practices
—New Business Partnerships

For more details, visit www.autoremarketing.com/Re3.