WEST CHESTER, PA – January 31, 2008 - HomeNet, Inc. announced today that the rapidly growing automotive technology provider has reached another significant milestone. The popular Inventory Online (IOL) marketing suite continues to outpace the competition, currently marketing more than 2.5 million vehicles each day for over 11,000 dealer locations nationwide.
“Inventory has been in our DNA for over a decade and HomeNet’s position as an industry leader is something we have earned through hard work, innovation, and an unwavering customer-first philosophy,” commented HomeNet CEO Jesse Biter. “IOL was the first system of its kind to offer the combination of flexibility and reliability that dealers need to bridge the gap between those who wanted to retain full control over their inventory and those who were working with a variety of third-party providers. Our team is committed to never being satisfied with the status quo and will work to ensure that IOL remains the premier inventory management and marketing system in the industry for many years to come.”
HomeNet’s Inventory Online (IOL) is a vehicle inventory management and marketing system, designed to help automotive dealers sell more cars online. IOL’s suite of web-based software applications streamline the process of converting raw vehicle data from the DMS (dealer management system) into consumer-friendly virtual advertisements anywhere on the Web. Complete with DMS polling, Premium VIN Enhancement, an intuitive online interface, automated distribution to 3rd-party services, and much more, IOL is the most comprehensive solution serving the automotive industry.
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 FL, GA, IA, TN, TX, and UT. For more information, please visit www.homenetinc.com.
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Media Contacts: Andy McBride and Rob Amos • 610-738-3313
January 31st, 2008
Vehix Selects HomeNet as Automotive Inventory Partner
Auto dealers and consumers get access to enhanced automobile inventory features
Salt Lake City – January 28, 2008 – Vehix, the multi-platform digital automotive network, has adopted the Inventory Online (IOL) technology from HomeNet, Inc., a leading provider of vehicle inventory management and marketing solutions. Vehix dealers now utilize HomeNet’s powerful IOL system to efficiently upload vehicle listings and photos to the Vehix network. Currently, more than 3200 Vehix dealers utilize IOL to accurately display over 800,000 vehicles at www.vehix.com .
“It’s a win-win for consumers and auto dealerships,” said Derek Mattsson, Vehix CEO. “Increased inventory with detailed vehicle information and photographs makes Vehix more relevant for consumers, and HomeNet’s robust and easy-to-use inventory editing tools make it remarkably simple for dealers to work with Vehix and list automobiles for sale.”
Vehix dealers will enter IOL’s intuitive web-based editing system via the Vehix Dealer Resource Center. Dealers will have the ability to automatically upload inventory details, pricing information, and up to 27 photos per vehicle. IOL enables dealers to easily edit vehicle information and seamlessly update inventory to be instantly posted on the Vehix site. This enhancement to Vehix’s back-office technology positions Vehix to continue increasing vehicle inventory.
“Building a partnership with Vehix is a truly exciting opportunity,” said HomeNet’s CEO, Jesse Biter. “Vehix provides a valuable service for online automotive shoppers and their marketing strategy has proven very effective at maximizing brand awareness. This partnership will help Vehix continue to increase its market share while ensuring their customer’s inventory is in very capable hands.”
Vehix is a multi-platform digital automotive network designed to provide consumers with a truly one-stop automotive shopping experience. Vehix, through its unique content, inventory and advertising network, offers superior written and video content, objective third-party information and best-in-class research tools. All of Vehix's car research and purchase tools are available on multiple platforms, including the Internet, cable television, video-on-demand, and on mobile devices. Vehix launched in 1996 as an online automotive portal designed to facilitate the research and purchase processes for consumers. For more information visit www.vehix.com.
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 FL, GA, IA, TN, TX, and UT. For more information, please visit www.homenetinc.com.
Media Contacts:
Vehix, Meme Moore, 303-302-2150
HomeNet, Andy McBride and Rob Amos • 610-738-3313
January 28th, 2008
In an effort to serve the needs of a rapidly-growing Canadian customer base, HomeNet has recently hired a French-speaking Client Services Representative. The new full-time team member will be the liaison for Canadian dealers from French-speaking regions.
"We have partnerships in place with companies that have been very successful in expanding their business in the Canadian automotive market," commented HomeNet CEO Jesse Biter. "It is important for us to continue to adapt and diversify our services in order to effectively serve the needs of those customers. HomeNet is thrilled to be working with new dealers outside the United States and we look forward to supporting our partners as their businesses continue to flourish in new markets."
January 7th, 2008
