Auteo Media Experiences Spectacular Growth in California Auto Dealer Market.Business Editors/Automotive Writers SEATTLE--(AutomotiveWire)--Nov. 7, 2000 Auteo Media's California Dealer Specialties Operation grows from 5% to 15% market share in just five months. Auteo Media, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AUTM AUTM Association of University Technology Managers AUTM Authorised Unusable Time (Loran-C System) ), a leading provider of point-of-purchase marketing and internet-based communication services to the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , announced today that, due to concentrated sales efforts and exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. in the demand for their data collection and internet exposure services for new/used cars, their market share for the Dealers Specialties operation in the California Bay California bay n. See California laurel. Area has increased ten percent in less than two business quarters. The California Dealers Specialties business unit, a geographical expansion of Auteo Media's highly successful Northwest Dealer Specialties unit based in Washington State, provides data collection, digital photography, and Internet exposure for hundreds of new and used car dealerships. "The reason behind the tremendous growth we have experienced in the California Bay Area is that the Dealers Specialties service essentially sells itself, offering dealerships valuable Point of Purchase and Internet exposure at an extremely low price," said Marvin Lewis Marvin Ronald Lewis (September 23, 1958) has been the head coach of the Cincinnati Bengals of the National Football League since January 14, 2003. Lewis is the only head coach in Bengals history who has not experienced a losing season and, in 2005, led the Bengals to their , Director of California Sales for Auteo Media, Inc. Through the program, trained Account Specialists visit dealerships on a weekly basis. Specialists record details of individual cars, take a digital picture, print point-of-purchase window labels, then place the vehicles onto top Web auto sites including Yahoo, America Online See AOL. , and Microsoft's CarPoint. "California is a large market, at least twice as large as Washington in respects to the population base and the number of new and used car dealerships, and the opportunities for greater and greater growth in the future are excellent," stated Joshua Nichols, Operations Manager See datacenter manager. , Auteo Media, Inc. Important to note, the Dealers Specialties operations place cars on www.autoloco.com and www.bidthatcar.com, two e-Commerce market sites that are owned and operated by Auteo Media. The sites, which help buyers locate and purchase new and used cars, greatly enhance the exposure and potential customer base for dealers. "What makes our business model so unique and dependable is that we collect our fees from the dealership when the service is provided," stated Steve Van Leeuwen, President, Auteo Media, Inc. "Our revenues are not dependant upon Adj. 1. dependant upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent on, contingent upon, dependant on, dependent on, dependent upon, depending on, contingent the sale of the vehicle." About Auteo Media, Inc. Auteo Media, Inc., (OTCBB:AUTM) is a leading provider of online data and media solutions to buyers and sellers of autos and auto accessories. Auteo Media operates Autoloco and Bidthatcar.com, web sites that provide one-stop convenience for consumers and dealers to locate and buy new and used vehicles. Auteo Media has recently launched PartCart, a web based OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and auto parts warehouse that allows customers visiting the site to purchase high quality auto parts at low-ball prices, and ContactAuto, a proprietary contact management system that is compatible with cellular phones and helps auto dealers maximize e-commerce customer interactions. Auteo Media works with more than 5000 auto dealerships, auto parts suppliers, and other commerce partners, and is becoming one of the leading technology companies serving the automotive industry. For more information visit www.auteo.com. BY ORDER OF THE BOARD OF DIRECTORS Steve Van Leeuwen, President NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). has neither approved nor reviewed the information contained herein. Some statements in the report are forward looking and are subject to certain risks and uncertainties. These risks and uncertainties include, but are not limited to, economic conditions, changes in law or regulations, demand for products and services of the company and the effect of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any forward-looking statements. SOURCE: Auteo Media, Inc. |
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