eCarfly Fully Operational and to Expand Operations to Florida
DALLAS--Aug. 15, 2006--eCarfly, Inc. (Pink Sheets:ECFL) announced today the company will be traveling to Florida later this week to negotiate the possible acquisition of an already existent motors auction company. "The acquisition of such a company would add tremendous streamlining to our operations and also huge value for our shareholders. Furthermore, it would enable us to expand our operations to most of the country by summer 2007," stated Desmond Milligan, CEO.The company has been working with a software company on many updates regarding the actual process of listing and managing the online auctions. Although the updates won't be fully complete for approximately two weeks, the staff is already starting to list vehicles and industrial equipment for auction once again. To date, the company has had over 220 individuals open an eCarfly account and request assistance in selling their vehicle or locating their dream car.
Auto dealers and individuals are not alone in seeing the huge need for eCarfly services. eCarfly to date has had over 223 individuals open an account with eCarfly. Most of the individuals are seeking to sell their vehicle and do see the value in our services as it is totally free to the seller but there are also several clients that are taking advantage of our low-cost locator service. eCarfly will actively search for your dream vehicle, negotiate the price, and arrange shipping and delivery and the service-fee is only $495.00. Approximately 20% of our sign-ups have opted-in for the locator service.
About eCarfly, Inc.:
eCarfly provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero, traditional costs associated with the vehicle sales process! With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. Year-end Projections are set at approximately $3.4M. eCarfly is currently focusing on online vehicle auctions, industrial equipment, Aircraft, Personal watercraft auctions, and partnerships with companies and private individuals interested in selling their personal vehicles.
Disclaimer
Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward-looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.