iCarMagic Hires Former Cars.com Executive Doug Gold as Vice President of Sales

NOVATO, Calif.--April 3, 2006--iCarMagic, provider of a revolutionary Customer Management System designed specifically for the automotive dealer, announces the hiring of Doug Gold as Vice President of Sales. The hire will support the company's strong client and sales growth and significantly contribute to developing and executing multiple channel sales opportunities.

Before joining iCarMagic, Doug held the position of Regional Sales Manager at Cars.com, the fastest-growing automotive marketplace for buyers, dealers and private-party sellers. As the driving force behind a highly successful sales team, Doug honed his communication and managerial skills, which he will utilize at iCarMagic. Prior to his position with Cars.com, Doug owned and operated Midwest Performance Cars, Inc., a profitable full-service automotive dealership with annual sales of more than $1.5 million.

"Doug is a proven resource to help us manage our rapid growth, expanding vertical channels and certified consultants program," said Keith Latman, Entrepreneur in Residence at iCarMagic. "As a former dealership owner, he understands there are unique needs and concerns in the showroom that traditional technology cannot answer. I cannot be more pleased to welcome him to iCarMagic."

As Vice President of Sales, Doug's responsibilities include managing the iCarMagic sales team, and communicating, demonstrating and implementing the iCarMagic Customer Management System. His focus will be on managing and helping the sales team communicate to prospective dealers the benefits of iCarMagic's products for managing sales leads and customer relationships, while also identifying, developing and running multiple new sales channels. Doug will also work with existing clients to ensure that they are able to fully leverage the iCarMagic suite of products.

Based in Novato, CA, just north of San Francisco, iCarMagic provides the most comprehensive and unique Customer Management System on the market. iCarMagic provides dealership sales teams with the most advanced customer management technology tools in the industry, allowing dealers to unite their sales teams, connect with customers and more effectively and positively increase their profits and sales. More information about iCarMagic can be found at www.icarmagic.com or by calling 877-422-7624.