Firms Will Form Internet Remarketing Business Roundtable (IRBR)

IRBR Will Provide Education, Publish Standards and Promote Best Practices Among Wholesale Used Vehicle Buyers, Sellers and Intermediaries

CHARLOTTE, N.C., Oct. 17 -- The formation of the Internet Remarketing Business Roundtable (IRBR) was announced today. A list of current members appears below.

"Using the Internet to remarket vehicles is widely accepted in today's marketplace. But Internet users demand a more seamless remarketing network," stated Jim O'Brien, IRBR Executive Director.

According to O'Brien, there is little cross-site integration in today's Internet remarketing world. Operating skills mastered at the traditional auction often differ from those required by the new Internet channels. Most users adopt only one Internet channel although more than one is required to satisfy all user needs. Moreover, several innovative choices now available are as yet unconnected. "The Roundtable will help to provide a more unified voice and to facilitate improved integration among the Internet remarketing channels," continued O'Brien.

IRBR provides a regular setting for companies with common business goals to:

  -- Produce educational material and promote industry best practices
  -- Publish standard operating practices and governing policies
  -- Promote the benefits of Internet remarketing and upstream channel
     opportunities
  -- Share insights and develop new solutions

IRBR will closely monitor Internet remarketing trends and facilitate roundtable discussions to identify changing market forces and to consider improved customer solutions. "IRBR meetings already are a vital forum for senior Internet remarketing executives," O'Brien said in conclusion.

  IRBR members include:

   Auction 123.com, Fort Lauderdale, FL
   Vehicle inventory solutions provider
   http://www.auction123.com/
   
   American Auto Exchange, Dallas, TX
   Inventory management software
   http://www.aaxchange.com/
   
   AutoTradeCenter, Mesa, AZ
   Internet auto remarketing
   http://www.autotradecenter.com/
   
   Driveitaway.com, Chicago, IL
   Internet upstream auto remarketing
   http://www.driveitaway.com/
   
   FirstLook, Chicago, IL
   Inventory management software
   http://www.firstlook.biz/
   
   Interactive Remarketing, San Antonio, TX
   eBay motors services and Internet auto remarketing
   http://www.irimotors.com/home/default.aspx
   
   ONLANE, Toronto, Canada
   Internet auto remarketing
   https://www.onlane.com/onlane/html/en/index.html
   
   SGS Automotive Services, Inc., Rutherford, NJ
   Vehicle inspections
   http://www.us.sgs.com/automotive_us?lobId=22689
   
   TPC Management, Franklin, TN
   Auto industry consulting and recruiting
   http://www.tpcmgt.com/index.html
   
   VB2, Fairfield, CA
   Internet auto auction
   http://www.vb2.com/

Founded in August 2005, IRBR is a non-profit business association. Roundtable meetings are attended by remarketing executives and held once per quarter at rotating cities. The next meeting will be held in Orlando, FL on October 25, 2005.

  Contact for Media:

  Jim O'Brien
  phone: 866-593-1450
  email: info@irbr.org

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