Cybereps Signs AutoWorld and iOwn.com
23 November 1999
Cybereps Signs AutoWorld and iOwn.com CYBEREPS Cybereps Logo. (PRNewsFoto)[KC] SAUSALITO, CA USA 06/29/1999Online Ad Sales and Marketing Firm Adds Prominent Consumer Information Sites To its Client List, Enabling Advertisers to Reach Influential Audiences of Automotive and Home Buyers SAUSALITO, Calif., Nov. 23 -- Cybereps, the Internet's leading advertising sales and marketing organization specializing in the individual representation of the Web's best content sites, today announced that it signed exclusive agreements with AutoWorld and iOwn.com. An established resource for the automotive, finance and insurance industries, AutoWorld gives car buyers on the Web access to continuously updated automotive pricing, in addition to a depth of automotive resources. Forrester predicts that the Web will influence 50% of all new car purchases by 2003. Known for its award-winning, easy to-to-use home mortgage site, iOwn guides home buyers from beginning to end through the home buying process, putting them in control of their investment by providing the necessary research and tracking tools. Killen & Associates estimates that home loans originated and processed on the Web will hit $364 billion by 2005 (representing 30% of the entire home loan market.) "Both AutoWorld and iOwn have become category leaders, by providing an exceptional depth of useful content to sophisticated consumers," said Ted Welch, Cybereps President. "Each site has a large dedicated core audience which enables us to present advertisers with many exciting sponsorship and advertising ideas." AutoWorld is the Web's destination for consumers in the market for new and used cars. In addition to sophisticated new and used car pricing, visitors can access an enormous searchable database of automotive content dating back from 1985. AutoWorld's loan calculator provides quick payment assessment. A buying tips section provides proven auto buying negotiation advice. Autoclub offers roadside assistance. Car classifieds is a national listing of car-related jobs and Live Consultants are car purchasing experts available a phone call away for serious buyers. "We selected Cybereps to take us to market because of their success in selling special interest content sites, said Paul Meek, Sr. President of AutoWorld." Their reputation for excellent service, ad sales and marketing experience will take our site to the next level. We look forward to working with Cybereps as we continue to expand our media property." iOwn's visitors are homebuyers (25-49) with a medium income of 75K. They use the site to manage every part of their home purchasing and financing process. Visitors search for homes on the market, compare rates, get recent home sales prices and then apply for a loan, work with a consultant and view the progress of their loan online. "iOwn provides the personal service of a traditional mortgage company with the unbiased advice that only an online service can offer. We do this by empowering home buyers with the most comprehensive set of Web tools in the industry," said Joe Delaney, Director of Business Development, iOwn. "We are extremely pleased to work with the Cybereps' team. We believe that their proven expertise in representing quality content is the perfect match to represent iOwn" About AutoWorld (http://www.autoworld.com) AutoWorld is the car buyers pricing and buying guide for new and used vehicles. Founded in 1994, AutoWorld is an established provider of automotive pricing information for the automotive, finance and insurance industries. Built and run by industry experts, AutoWorld.com gives consumers the best set of resources available to make a successful car purchase. At AutoWorld.com, automotive quotes are updated continuously. After selecting a car, AutoWorld.com's dealer program connects the buyer to a local dealer in their area. AutoWorld's database is an enormous searchable resource of car-related information. AutoWorld has partnerships with leading online sites that provide extensive services beyond which car to buy. Partners include: Careershop.com (supplying car-related job opportunities), AutoClub (road side assistance plus more), Media General Financial Services (providing corporate information and stock quote on automotive manufacturers) Additional partners include: Homefair.com, Ehola.com and dbusiness.com. AutoWorld's newsletter (100,000 subscribers and growing) delivers the best tips, leasing and hot automotive updates for car lovers. AutoWorld is a privately held corporation with offices in San Mateo, California; Phoenix, Arizona; and Baca Raton, Florida. About iOwn.com (http://www.iown.com) iOwn, Inc. is the leading one-stop resource for homes and low-cost loans online. Through onsite content, customized tools and experienced Loan Consultants, iOwn simplifies home financing and ownership, while passing on significant financial savings to the customer. Consumers can use the site to shop and compare rates, search for a home from a large selection of current home listings, access recent home sale prices, prequalify, preapprove, apply for their mortgage and then track the progress of their loan online. Consumers also have access to a wide variety of services related to buying and owning a home through iOwn's Home Resource Center, including insurance, moving, home improvement and neighborhood information. iOwn has received numerous awards, notably the Forbes Favorite in the Home Buying category (September 1999), a winner on Kiplinger's website in the Home Buying category (June 1999), a finalist in the Finance, Insurance and Real Estate category for the Computerworld Smithsonian Award (June 1999), and the E-Commerce Gold Medal winner for US WEST's Website Champions Competition (April 1999). iOwn was founded in October 1996 as HomeShark, Inc., and has its headquarters in San Francisco, Calif., with a customer service center in Martinez, Calif. About Cybereps: (http://www.cybereps.com) With offices in San Francisco, New York, Los Angeles, Chicago and Philadelphia, Cybereps is the leading interactive advertising sales and marketing company specializing in the individual representation of the Web's best content sites. Cybereps is known for its quality, service and creativity and is recognized for its ability to develop and implement distinctive sponsorships and promotional campaigns in addition to traditional advertising buys. Cybereps' clients include The Internet Movie Database, TUCOWS, SocialNet.com, Future Games Network, House of Blues, AutoWorld.com, iOwn.com, eMarketer, RootsWeb, Dvd.file, FreeDrive.com, TeenHollywood, LovingYou.com, Bravenet.com, CAD infoNet and Site Experts.