Autobytel to Be Named One of Orange County's Fastest Growing Technology Companies in Deloitte & Touche Technology Fast 50 Program.Business Editors IRVINE, Calif.--(BUSINESS WIRE)--Aug. 6, 2003 Autobytel Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABTL ABTL Association Belge des Technologues de Laboratoire ) will be named to Deloitte & Touche's prestigious Technology Fast 50 program for Orange County, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche LLP LLP - Lower Layer Protocol , one of the nation's leading professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms. Scheduled to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. on October 7th, Technology Fast 50 rankings are based on the percentage growth in fiscal year revenues over five years, from 1998-2002. 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. Jeffrey Schwartz credits the company's aggressive customer quality initiatives, which have led to boosts in core operating metrics, and diversified revenues through advertising services as important drivers behind Autobytel's dramatic revenue growth since 1998. "This marks the fourth consecutive year Autobytel has been included in the Technology Fast 50, which is a tremendous accomplishment and a genuine honor," said Schwartz. "Following our latest earnings announcement in which we reported both record revenue and profits, being named to the Fast 50 further validates our efforts to improve the automotive retailing process for consumers and dealers alike." To qualify for the Technology Fast 50, companies must have had operating revenues of at least $50,000 in 1998 and $1,000,000 in 2002, must be public or private companies headquartered in North America, and must be a "technology company" defined as owning proprietary technology that contributes to a significant portion of the company's operating revenues (using other companies' technology in a unique way does not qualify) and/or devoting a significant proportion of revenues to research and development of technology. This year's Orange County Technology Fast 50 program is co-presented by Deloitte & Touche, Comerica, Focus Creative, McDermott & Bull, Merrill Lynch, Stradling Yocca Carlson & Rauth, T Sector, and in association with AeA, Promotions by Design, and Software Council of Southern California. Winners of the 20 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte & Touche Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Deloitte & Touche Fast 50 or Fast 500 programs, visit www.fast500.com. About Autobytel Inc. Autobytel Inc. (Nasdaq:ABTL), a leading Internet automotive marketing services company, helps retailers sell cars and manufacturers build brands through marketing, advertising 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. (customer relationship management) tools and programs. The company owns and operates the automotive websites Autobytel.com, Autoweb.com, Carsmart.com and AutoSite.com, as well as AIC AIC Association des Infermières Canadiennes. (Automotive Information Center), a leading provider of automotive marketing data and technology. Autobytel is the industry leader in dealership lead management and CRM solutions and owns and operates AVV AVV Adviesdienst Verkeer en Vervoer AVV Augsburger Verkehrsverbund (German) AVV Aachener Verkehrsverbund GmbH (German) AVV Aruba Exempt Company , Inc., a leading provider of dealership CRM and data extraction services. As the Internet's largest new-car buying service, Autobytel generates over a billion dollars a month in car sales for dealers through its services. Autobytel Inc. is also among the largest syndicated car-buying content networks, reaching millions of unique visitors as they are making their vehicle buying decisions. Autobytel Inc. content and technology has potential exposure to over 94 percent of the active Digital Media Universe.(a) (a) Nielsen//NetRatings Q1 2003 Digital Media Universe Report (Autobytel Inc. is the unduplicated audience of the Autobytel, Autoweb.com, CarSmart and Autosite.com brands. Autobytel Inc. provides content to the Yahoo!, AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. , and MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). portals and to various automotive manufacturers' sites. The unduplicated audience of these brands has an active reach of over 94 percent of the home and work Digital Media Universe.) About Deloitte & Touche Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 80 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for six consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and related entities. Deloitte & Touche is the US national practice of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. . Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at www.deloitte.com/us. |
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