HomeNet Earns Spot on Inc. 5000 List for Second Straight Year

August 25th, 2008

West Chester, PA – August 25, 2008 – For the second straight year, HomeNet, Inc. has been named to Inc. Magazine’s annual list of the 5000 fastest growing companies in America.  With an average of 326% growth over the past three years, the automotive technology provider moved up 135 places to #1147 on the 2008 list.

"We are absolutely thrilled to earn a place on the Inc. 5000 list for the second year in a row,” commented HomeNet CEO Jesse Biter.  “HomeNet’s remarkable growth is the direct result of two key ingredients – our loyal customers and our dedicated team.  We are committed to continuing to push the envelope further each year to not only grow our own business, but to help our customers to grow theirs as well.”

HomeNet's proprietary Get. Edit. Deliver. technology distributes enhanced vehicle inventory data for thousands of automotive dealers throughout the United States and Canada. HomeNet’s signature solution, the Inventory Online (IOL) Marketing Suite, is an industry-leading vehicle inventory management and marketing system. IOL’s suite of web-based applications helps dealers to efficiently manage their entire online inventory from one centralized location and distribute emotional vehicle advertisements to any online destination. The IOL system also streamlines the inventory aggregation and enhancement process, enabling vendors to better focus on lead generation for their dealership customers and not inventory management/support. As one of the most respected data aggregators in the industry, HomeNet has built successful partnerships with dozens of leading automotive companies. IOL currently processes more than 2.5 million vehicles each day for over 13,000 dealership locations.

About HomeNet, Inc.
HomeNet, Inc. is a privately owned automotive technology provider. Founded in 1996, HomeNet's core focus is providing innovative technology solutions to help automotive dealers increase online sales. HomeNet offers its products to a variety of customers including dealers, OEMs, website providers, CRM providers, digital lot management firms, finance/leasing agents, auction agents, and more. The company is based on Christian principles and is headquartered in West Chester, PA, with satellite offices in AZ, FL, GA, IA, IL, TX, and UT. For more information, please visit www.homenetinc.com.

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