Autobytel is Exploring Strategic Alternatives for Two Business Units.IRVINE, Calif. -- Autobytel Inc. (Nasdaq:ABTL ABTL Association Belge des Technologues de Laboratoire ) today announced that it is exploring strategic alternatives for its RPM (1) (Revolutions Per Minute) With electric and electronics devices, RPM measures the rotational speed of the motor's spindle. Floppy disks rotate at 300 RPM, while hard disks rotate from 3,000 to 15,000 RPM. [R] and AIC AIC Association des Infermières Canadiennes. [R] business units as part of the Company's focus on its Internet and media-centric strategy. Strategic alternatives could include strategic alliances with complementary businesses and/or divestiture The breakup of AT&T. By federal court order, AT&T divested itself on January 1, 1984 of its 23 operating companies, which became known as the Regional Bell Operating Companies (RBOCs). . The review process for the business units was initiated in recent months and is expected to take several months to complete. "As we continue our mission to be the leading online automotive destination for consumers and the premier Internet marketing See Internet advertising. specialist for dealers, we are looking to optimize the potential of each of our business units while establishing a relentless focus on our core business goals," said Autobytel President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jim Riesenbach. "Both RPM and AIC are strong businesses with talented, committed employees and growth potential, and we believe that these businesses may be best served through alignment with companies that will allow them to reach their fullest value." Autobytel's AIC (Automotive Information Center) is a leading provider of automotive marketing data and technology. The majority of auto manufacturers use Automotive Information Center (AIC) data and research tools to power their websites and/or shape product planning Product Planning is the ongoing process of identifying and articulating market requirements that define a product’s feature set. See also
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. service reminders based on each recipient's specific ownership profile and driving habits. About Autobytel Inc. Autobytel Inc. (Nasdaq:ABTL) is one of the largest online automotive marketplaces, empowering consumers to make smart vehicle choices using objective automotive data and insightful interactive editorial content. The result is a convenient car-buying process backed by a nationwide network of dealers who are committed to providing a positive consumer experience. Every day consumers choose Autobytel-owned and operated websites a Autobytel.com, Autoweb.com, CarSmart.com, Car.com, AutoSite.com, Autoahorros.com, and CarTV.com - to facilitate their car-shopping decisions. Autobytel's ability to attract millions of highly qualified, in-market car buyers and connect them with retailers has made it a leader in facilitating the entire customer car-buying lifecycle. The Company's innovative marketing, advertising, data and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. products, including its Web Control[R] customer management system, Retention Performance Marketing (RPM[R]) service reminder program, Special Finance Leads(SM), and AIC[R] data center, are designed to enable dealers to offer a premium consumer experience. Since pioneering pro-consumer online automotive content and purchasing in 1995, Autobytel has helped more than twenty-seven million car buyers, generating billions of dollars in car sales for dealers. |
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