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03-26-2007, 11:08 AM
http://biz.yahoo.com/bw/070326/20070326005937.html?.v=1
up 2000% today
Press Release Source: CompleteAuto
CompleteAuto Receives Certification From eBay Motors
Monday March 26, 11:42 am ET
CompleteAuto Software Offered In eBay Motors New Local Market Program; Revenue Generating Customer Base to Increase Substantially
ORLANDO, Fla.--(BUSINESS WIRE)--CompleteAuto, an RCAU Company (Pink Sheets:RCAU - News), announced today that they have received certification from eBay Motors to operate as a Solutions Provider in eBay Motors' Local Market Program. Through their state-of-the-art vehicle listing software, CompleteAuto currently offers automobile dealers the ability to reach buyers all across the country through online auctions via eBay Motors. Certification by eBay Motors in the Launch of their new Local Market Program will now allow dealers to utilize the CompleteAuto software to bring more local buyers directly into their dealerships, making the eBay selling process more simplistic.
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As mandated by eBay Motors, dealers adopting the eBay Motors Local Market Product must select from only eight currently certified eBay Motors Solutions Providers, such as CompleteAuto, to enable them to list their vehicle inventory in bulk online. Through the thousands of dealers presently being target by the Local Market campaign, CompleteAuto has already seen substantial increases in their revenue generating customer base.
eBay Motors Local Market product was rolled out at the National Automobile Dealers Association (NADA) Convention and Exposition in February 2007. Local Market was introduced to automobile dealers to deliver more qualified local buyers to their dealerships. Dealers will now be able to list their entire lot on eBay Motors for one flat subscription fee per month. Buyers within a 100 mile radius of the dealership will see a dealer's entire inventory online. With the Local Market product there are no insertion fees or variable costs to listing inventory.
CompleteAuto will receive monthly payments from every dealer contracted to use the CompleteAuto software for online vehicle listings. As previously stated, numerous accounts have already been contracted from the exposure through the Local Market product and additional traffic remains continuous. CompleteAuto will release figures regarding signed dealer contracts within the week!
"We are honored that eBay has certified our vehicle listing solution software with their Local Market product. We feel that this certification is a significant step forward in our efforts to becoming the industry standard in online vehicle listing solutions, and will in turn elevate the assurance within our stockholders that CompleteAuto will continue to generate healthy profits to insure the future of our company and the longevity of all our shareholders," stated Jeff Roman, CEO of CompleteAuto, Inc.
About CompleteAuto:
CompleteAuto functions as a certified solution provider for eBay Motors and offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country. CompleteAuto is a wholly owned subsidiary of Rocket City Automotive Group, Inc. (Pink Sheets:RCAU - News) which was formed to acquire, manage supervise and operate corporations specializing in eBay, eBay Motors services, eCommerce, software development and retail automotive operations.
CompleteAuto and Rocket City believe there are enormous growth opportunities in the $1 trillion automotive retailing industry. The experienced management team will continue to execute strategic initiatives to maximize operations in this marketplace with their products and services. Visit them on the web at www.rocketcityauto.com to learn more.
Learn more about eBay Motors Solutions Providers by visiting: http://pages.ebay.com/motors/services/dealer_center/solution_directory .html (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
Learn more about CompleteAuto by visiting: www.completeauto.com
Learn more about eBay Motors Local Market Program by visiting: www.ebaymotors.com
Disclaimer:
Cautionary Statement about Forward-Looking Statements
This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things: (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
Contact:
For CompleteAuto, Orlando
Investor Relations
Charlie Garcia, 1-877-340-2620
invest@rocketcityauto.com
up 2000% today
Press Release Source: CompleteAuto
CompleteAuto Receives Certification From eBay Motors
Monday March 26, 11:42 am ET
CompleteAuto Software Offered In eBay Motors New Local Market Program; Revenue Generating Customer Base to Increase Substantially
ORLANDO, Fla.--(BUSINESS WIRE)--CompleteAuto, an RCAU Company (Pink Sheets:RCAU - News), announced today that they have received certification from eBay Motors to operate as a Solutions Provider in eBay Motors' Local Market Program. Through their state-of-the-art vehicle listing software, CompleteAuto currently offers automobile dealers the ability to reach buyers all across the country through online auctions via eBay Motors. Certification by eBay Motors in the Launch of their new Local Market Program will now allow dealers to utilize the CompleteAuto software to bring more local buyers directly into their dealerships, making the eBay selling process more simplistic.
ADVERTISEMENT
As mandated by eBay Motors, dealers adopting the eBay Motors Local Market Product must select from only eight currently certified eBay Motors Solutions Providers, such as CompleteAuto, to enable them to list their vehicle inventory in bulk online. Through the thousands of dealers presently being target by the Local Market campaign, CompleteAuto has already seen substantial increases in their revenue generating customer base.
eBay Motors Local Market product was rolled out at the National Automobile Dealers Association (NADA) Convention and Exposition in February 2007. Local Market was introduced to automobile dealers to deliver more qualified local buyers to their dealerships. Dealers will now be able to list their entire lot on eBay Motors for one flat subscription fee per month. Buyers within a 100 mile radius of the dealership will see a dealer's entire inventory online. With the Local Market product there are no insertion fees or variable costs to listing inventory.
CompleteAuto will receive monthly payments from every dealer contracted to use the CompleteAuto software for online vehicle listings. As previously stated, numerous accounts have already been contracted from the exposure through the Local Market product and additional traffic remains continuous. CompleteAuto will release figures regarding signed dealer contracts within the week!
"We are honored that eBay has certified our vehicle listing solution software with their Local Market product. We feel that this certification is a significant step forward in our efforts to becoming the industry standard in online vehicle listing solutions, and will in turn elevate the assurance within our stockholders that CompleteAuto will continue to generate healthy profits to insure the future of our company and the longevity of all our shareholders," stated Jeff Roman, CEO of CompleteAuto, Inc.
About CompleteAuto:
CompleteAuto functions as a certified solution provider for eBay Motors and offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country. CompleteAuto is a wholly owned subsidiary of Rocket City Automotive Group, Inc. (Pink Sheets:RCAU - News) which was formed to acquire, manage supervise and operate corporations specializing in eBay, eBay Motors services, eCommerce, software development and retail automotive operations.
CompleteAuto and Rocket City believe there are enormous growth opportunities in the $1 trillion automotive retailing industry. The experienced management team will continue to execute strategic initiatives to maximize operations in this marketplace with their products and services. Visit them on the web at www.rocketcityauto.com to learn more.
Learn more about eBay Motors Solutions Providers by visiting: http://pages.ebay.com/motors/services/dealer_center/solution_directory .html (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
Learn more about CompleteAuto by visiting: www.completeauto.com
Learn more about eBay Motors Local Market Program by visiting: www.ebaymotors.com
Disclaimer:
Cautionary Statement about Forward-Looking Statements
This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things: (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
Contact:
For CompleteAuto, Orlando
Investor Relations
Charlie Garcia, 1-877-340-2620
invest@rocketcityauto.com