Digital Motorworks Honored for Business Innovation

    AUSTIN, Texas--Aug. 24, 2001--Digital Motorworks (DMi) has won a Greater Austin Chamber of Commerce Business Innovation Award for information management leadership in the automotive industry.
    The Business Awards were presented during ceremonies held on Thursday night (August 23) at the Renaissance Austin Hotel. The chamber's "Out on a Limb" Business Innovation Awards recognize three companies in different size categories that have discovered consumer needs and met them through creative innovation. Other winners of this year's awards were virtualcfo Inc. and National Instruments.
    "While DMi serves the automotive industry, Austin is our home and continues to provide the company with great technical talent," said Keith Jezek, DMi's CEO. "We are honored to be a recipient of this first Chamber of Commerce award, and we look forward to more successes as we continue to expand our service offerings and our Austin headquarters."
    Award recipients were selected by a panel of anonymous judges, including business and community leaders in the Austin area. Award criteria included industry innovation, public image and reputation, and response to adversity.
    "The Business Awards program honors Austin-based companies that not only overcome barriers to success, but also exhibit a remarkable degree of accountability to their customers, and demonstrate civic stewardship and leadership within their industry," said Mark Hazelwood, Chamber President and CEO. "The program highlights the success of these businesses, which are especially important to the stability of our local economy and the vitality of the business landscape in Austin."
    Founded in Austin in 1995, DMi is a profitable high-tech company that tripled its revenues in 2000. The company provides the automotive industry with information management solutions for e-business initiatives such as inventory management, customer relationship management and decision support. Customers include Ford Motor Company, General Motors, AutoNation, Cars.com and Aon Corporation.
    DMi's InfoIQ Solution collects inventory, sales and service, and other automotive data from geographically dispersed and technically varied sources, transforms it into "transactable" business information and delivers that information to automotive original equipment manufacturers (OEMs), portals and major dealer groups. DMi currently collects data from over 9,000 dealership systems--or over 40% of North America's dealers. Using InfoIQ, DMi customers provide 95 of the nation's top 100 automotive e-dealers with the online data needed to support their e-business initiatives.

    About Digital Motorworks:

    Digital Motorworks provides information management solutions for a variety of automotive companies, including OEMs, major dealer groups and portals. Offered through an application service provider (ASP) model, the company's InfoIQ service collects, enhances and delivers business information for use in e-business initiatives such as inventory management, customer relationship management and decision support. Customers include market leaders such as Ford Motor Company, General Motors, Cars.com, AutoNation and Aon Corporation. A profitable company, Digital Motorworks employs 100 people in its Austin, Texas headquarters and Chicago and Melbourne, Australia offices. For more information, visit www.digitalmotorworks.com.