RCAU- News that will push this even higher!!!
CompleteAuto Signs On As An Affiliate Partner of CARFAX
Business Licensing Agreement Has Been Finalized
CompleteAuto, an RCAU Company (Pink Sheets:RCAU), an eBay Motors certified solution provider, announced today that they have joined forces with CARFAX, the most trusted provider of vehicle history information. CompleteAuto software and CompleteAuto.com will now provide customers worldwide the ability to obtain vehicle history reports online directly from the software template itself.
Leads generated by a CompleteAuto listing online will be directed to CARFAX.COM, where they will then obtain vehicle history reports on any vehicle of choice. CompleteAuto will be compensated by means of an associated referral fee, for every customer that opts to seek a vehicle history report online through redirection from the CompleteAuto vehicle listing. A conclusive business partner licensing agreement has been finalized by both companies and is effective immediately.
CompleteAuto vehicle listings are viewed by thousands of online shoppers a day. Nearly 60% of all online customers in the past have opted to obtain a vehicle history report when attempting to purchase a vehicle online. These researched figures will provide a powerful foundation for traffic generation to the CARFAX.COM site, as well as positive increases to the bottom line of the CompleteAuto Company.
CARFAX
CARFAX is relied on by millions of consumers each year. Using the unique 17-character vehicle identification number (VIN) found on vehicle dashboards and title documents, they instantly generate a detailed Vehicle History Report on any used car or light truck.
CARFAX Vehicle History Reports™ provide information that can impact a consumer's decision about a used car or truck. A CARFAX Report may include:
Title information, including salvaged or junked titles
Flood damage history
Total loss accident history
Odometer readings
Lemon history
State emissions inspection results
Number of owners
Service records
Lien activity, and/or
Vehicle use (taxi, rental, lease, etc.)
Their unique database contains more than four billion records. They receive information from thousands of public and private sources including all Departments of Motor Vehicles (DMVs) in the United States and Canada, as well as many vehicle inspection stations, auto auctions, fleet management and rental agencies, automobile manufacturers, and fire and police departments.
The exclusive CARFAX Buyback Guarantee reduces the risk involved in buying a used car. If CARFAX fails to include a DMV-reported incident (salvage, fire, flood damage, odometer problems, lemon history) in a CARFAX Report, they may buy the vehicle back for the full purchase price.
“As our corporation continues to grow, we pride ourselves on the establishment of not only business relationships with major corporations such as CarFax, but more importantly gaining the trust and support of those companies. This newfound alliance with CarFax will allow CompleteAuto to add another interactive feature to our software program that will take us one step further in becoming the world's most effective and dynamic listing solutions provider. We feel privileged by this alliance with CarFax and feel confident that our shareholders will be satisfied knowing that yet another major corporation has placed their stamp of approval on the CompleteAuto organization,” stated Jeff Roman, CEO, CompleteAuto and Rocket City Automotive Group, Inc.
About CompleteAuto:
CompleteAuto functions as a certified solution provider for eBay Motors and offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country. CompleteAuto is a wholly owned subsidiary of Rocket City Automotive Group, Inc. (Pink Sheets:RCAU) which was formed to acquire, manage supervise and operate corporations specializing in eBay, eBay Motors services, eCommerce, software development and retail automotive operations.
CompleteAuto and Rocket City believe there are enormous growth opportunities in the $1 trillion automotive retailing industry. The experienced management team will continue to execute strategic initiatives to maximize operations in this marketplace with their products and services. Visit them on the web at www.rocketcityauto.com to learn more.
For more information on CARFAX Vehicle History Reports and other products, visit:
CARFAX Help Center.
Learn more about Complete Auto by visiting: www.completeauto.com
Learn more about eBay/eBay Motors by visiting: www.ebaymotors.com
Disclaimer:
Cautionary Statement about Forward-Looking Statements
This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks” or “will.” Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things: (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.
Rocket City Automotive Group/CompleteAuto, Orlando
Investor Relations
Charlie Garcia, 877-340-2620
Email: invest@rocketcityauto.com
Source: Business Wire (March 27, 2007 - 11:09 AM EDT)
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