CarPoint's Page Views Jump 20% After Deploying Endeca Solution; New Search and Information Access Solution Helps Deliver Major Increase in Ad Inventory and Traffic for Leading Australian Automotive Site.SYDNEY & CAMBRIDGE, Mass. -- Endeca ((http://endeca.com), a next-generation search and information access company, today announced that CarPoint Australia (http://www.carpoint.com.au/) has selected and deployed the Endeca for Directories (http://endeca.com/byIndustry/media/directories.html) solution, built on the Endeca Information Access Platform (http://endeca.com/technology/information-access-platform.html), to increase targeted advertising opportunities and help its customers more easily find and compare desirable cars online. CarPoint, one of Australia's leading automotive classifieds sites, reported an immediate 20 percent increase in page views per visitor and highly positive customer feedback following the successful deployment of the Endeca solution. As a result, CarPoint, which generates revenue based on advertising, realized a corresponding 20 percent increase in additional ad inventory. In a related announcement, Endeca today announced the expansion of its Asia-Pacific presence with the opening of new Australian New Australian Noun Austral an Australian name for a recent immigrant, esp. one from Europe operations, headquartered in Sydney. CarPoint's purchase of the Endeca software was completed by former owner Publishing and Broadcasting Limited Publishing and Broadcasting Limited, or PBL, is one of Australia's major media companies. It is headquartered in Sydney, Australia. Australia's richest man, James Packer, son of the late Kerry Packer, is its majority shareholder, through his company Consolidated Press (ASX ASX See: Australian Stock Exchange : PBL PBL Problem-Based Learning PBL Phi Beta Lambda PBL Performance Based Logistics PBL Planetary Boundary Layer PBL Publishing and Broadcasting Limited (Australia) PBL Philippine Basketball League PBL Peripheral Blood Leukocyte ). In October 2005, CarPoint and other PBL classifieds properties were purchased by the online classifieds business of Carsales.com.au Limited. CarPoint is the first Australian site to offer Endeca's trademark Guided Navigation(R) experience, which combines the two most common means of finding information online - search and browse - into a seamless, interactive experience. For example, a search for used Honda Civics (http://carpoint.ninemsn.com.au/DesktopDefault.aspx?Nne= 15&TabID=500442&N=291 279 4294967188 4294967005&Make=HONDA&Ns= pCar_HasImage_Int32|1||pCar_CreatedDate_DateTime|1&Model=CIVIC), yields 316 matching vehicles and then provides the shopper with a range of possible ways to compare, explore or refine the list - Location, Series, Price Range, Age, Year, Odometer odometer (ōdŏm`ĭtər), instrument provided in an automotive vehicle to indicate the total number of miles that have been traveled. , Transmission, Fuel Type, etc. With each selection or step, all of the possible next steps are recalculated on the fly to ensure that shoppers are shown only the valid options and never hit a dead end. For example, by selecting "VIC VIC Victor VIC Victoria (State of Australia) VIC Victory VIC Victim (police slang) VIC Vicinity VIC Vicar VIC Vicarage VIC Virtual Information Center (APAN) " as location and then choosing "less than 50,000 kilometers" from the Odometer options, the shopper is presented with only the 19 matching vehicles (http://carpoint.ninemsn.com.au/DesktopDefault.aspx?Nne=15&TabID= 500442&N=291 279 4294967188 4294967005 82 214&Make=HONDA&Ns=pCar_Ha sImage_Int32|1||pCar_CreatedDate_DateTime|1&Model=CIVIC) advertised. Like many directory sites, CarPoint generates revenue based on classified advertising sold to local dealers and individuals, and display advertising to manufacturers and corporate clients. Revenue potential is therefore impacted by the amount of ad inventory available, based on total site page views. The site also competes for mindshare and traffic with two primary competitors - both of whom were viewed as having more advanced, user-friendly features and functionality. "With Endeca we now offer a user experience unmatched by our competitors - customer feedback indicates that our visitors love the new features," said Wayne George, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of Carsales and former director of IT at CarPoint. "Not only are people more easily finding desirable cars, they are also discovering new, favorable ways to compare options, read reviews and understand valuations. This has contributed to a 20 percent increase in page views per session in one month - a significant increase in comparison to the historical growth of the CarPoint site." CarPoint will roll out additional Endeca features and functionality as part of planned site upgrades in the near future. These will include Endeca's unique Content Spotlighting capabilities, which serve up contextually relevant promotions along side search and browse results sets (e.g. value-added content, banners, etc.) based on the unique user and session. As a result, CarPoint will be able to offer additional sponsorship opportunities to its advertisers, thus creating new complementary revenue streams. The Endeca for Directories solution is built on the Endeca Information Access Platform (IAP (Internet Access Provider) See ISP. IAP - Internet Access Provider ) - a new platform designed to help people find, analyze and understand information in ways not possible with search engine, database and business intelligence solutions. Part of a suite Market Solutions available on this platform, the Endeca for Directories solution includes pre-packages capabilities and best-practices services expertise to helps users find the job, home, car, business, or person that they're looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. more efficiently, and helps advertisers reach their audience more effectively -- all resulting in increased revenue from subscriptions, advertising and license fees. For more information on Endeca for Directories and the Endeca Information Access Platform, please visit: http://endeca.com/byIndustry/media/directories.html "CarPoint's results - both quantitative and qualitative - illustrate why so many businesses are embracing a new generation of information access technologies over traditional search engines or database approaches," said Steve Papa, founder and chairman of Endeca. "Through a single move to more advanced technology, CarPoint can simultaneously make it much simpler and faster for customers to find what they are looking for, while offering an experience that encourages greater exploration and content consumption." About CarPoint CarPoint is one of Australia's largest automotive websites, and attracts several hundred thousand visitors every month looking for new & used cars, car reviews & editorial, car valuation information and much, much more. CarPoint also offers users simple, easy and cost effective options to sell their cars, both online and in partnership with some of Australia's leading automotive magazines. CarPoint can be accessed at http://carpoint.com.au. About Endeca Endeca is a next-generation search and information access company. Combining patented intellectual property, breakthrough science and a deep focus on user experience, the Endeca Information Access Platform helps people find, analyze and understand information in ways never before possible. Leading global organizations like ABN AMRO ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank) , Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Boeing, Costco, Cox Newspapers, The (US) Defense Intelligence Agency Noun 1. Defense Intelligence Agency - an intelligence agency of the United States in the Department of Defense; is responsible for providing intelligence in support of military planning and operations and weapons acquisition DIA , The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Hyatt, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , John Deere, Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. , The Library of Congress, Texas Instruments, and Walmart.com rely on Endeca to power business-critical applications that increase revenue, reduce costs and streamline operations. Headquartered in Cambridge, MA, Endeca is a private company with operations in North America, Europe and Asia. For more information: www.endeca.com or info@endeca.com. EDITOR'S NOTE: (Due to the length of some URLs in this press release, it may be necessary to copy and paste To copy files from one location to another or to copy text and images from one document to another. All modern operating systems and applications have a copy and paste capability that is typically selected from an Edit menu. See cut and paste and Win Copy between windows. them into your Internet browser's URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. address field) |
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