Corporate Profile for Autofusion Corp., dated Feb. 23, 2001.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Feb. 23, 2001
Company Name: Autofusion Corp.
Address: 1940 Garnet Ave.
San Diego, CA 92109
Main Telephone
Number: 858/270-9444
Internet Home
Page Address
(URL) www.autofusion.com
Chief Executive
Officer: Lou Urbano
Chief Financial
Officer: John Teotico
Investor Relations
Contact: John Teotico
Business number: 858/270-9444
E-mail address: jteotico@autofusion.com
Public Relations
Contact: Tony Cohen
Business number: 858/270-9444, ext. 255
E-mail address: tcohen@autofusion.com
Industry: automotive, e-commerce
Company description: Autofusion Corporation, founded in January January: see month. 1998 and headquartered in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , is a leading provider of products and services for automotive e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. . The company's offerings facilitate significant sales efficiencies for dealers, help consumers select cars, and match consumer selections with dealer inventory at the best prices. Among its suite of products, Autofusion benefits from "first-mover" advantage through (1) its proprietary, unmatched configuration technology, Select-A-Car(TM), developed through an exclusive partnership with Selectica Inc. (NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :SLTC SLTC Salt Lake Technical Center (OSHA) SLTC Society of Leather Technologists & Chemists ), and (2) its Multi-Price(TM) online retail system, in which consumers are empowered to choose between dealers/retail partners and complete the transactions all from their own computer. Select-A-Car and Multi-Price are scaleable for the entire industry and are applications that will be licensed to all sites as complementary but separate products. In fact, Select-A-Car may be adapted to and is equally effective for any fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. model (brick-and-mortar brick-and-mor·tar adj. Located or serving consumers in a physical facility as distinct from providing remote, especially online, services: brick-and-mortar classrooms; a brick-and-mortar bookstore. dealers, manufacturers, online "direct" buying services, online "referral" services, as well as auctions and reverse-auctions). Thus, Select-A-Car makes Autofusion's fulfillment-model neutral and provides enormous flexibility and the ability to exploit several additional revenue opportunities. After raising less than $5 million in angel financing, Autofusion is a profitable company with substantial revenues. Autofusion has out-positioned all competitors by focusing its efforts on building infrastructure products that can be in the middle of every automotive transaction on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . Autofusion's successful consumer site, CarPrices.com, is growing rapidly, with more than 1.5 million visitors per month, 50 Co-Branded partners and 50,000 Affiliates. 2000 Revenue: 8M Profitable last 6 months. Key relationships: Selectica (SLTC), NADA Guides, AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. , DealTime, JD Power Clubs. |
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