Autobytel.com Taps Former CIO of Fluor Corporation To Lead Corporate Development
11 September 2000
Autobytel.com Taps Former CIO of Fluor Corporation To Lead Corporate DevelopmentDennis Benner Named Executive Vice President, Corporate Development IRVINE, Calif., Sept. 11 Autobytel.com , the global leader in automotive e-commerce, today announced the appointment of Dennis Benner as Executive Vice President, Corporate Development. Benner comes to Autobytel.com from Fluor Corporation, the world's largest, publicly-owned consulting, engineering, construction, maintenance, and diversified services company, where he served as Vice President and Chief Information Officer. Benner brings over 33 years of experience in both marketing and information technology to Autobytel.com. Benner's responsibilities will include heading corporate strategy and development, as well as managing alliances and partnerships between Autobytel.com and other companies. "Dennis' extensive experience at a large-scale international business gives him the credentials necessary to assist us in achieving our business development goals, which include furthering the reach of Autobytel.com's influence as a global e-commerce leader," said Mark Lorimer, Autobytel.com's President and CEO. "We are pleased to have him aboard." "As the first automotive e-commerce company to make a global impact, Autobytel.com represents the future of worldwide car selling," said Benner. "The idea of being involved with a business that is transforming an industry was simply too appealing to pass up. My decision to come here is based on the company's strong leadership and my belief in the future of Autobytel.com and the market it serves." Prior to Autobytel.com, Benner was responsible for managing global information systems at Fluor Corporation. His background includes executive positions in marketing and information technology management with companies such as TRW, Automatic Data Processing, Inc., Computer Sciences Corporation, and IBM. Benner sits on the board of directors of Fluor Signature Services, a subsidiary of Fluor Corporation. Benner is also active in philanthropy and is on both the National and District Boards of the Scleroderma Foundation (http://www.scleroderma.org), Scleroderma is a rare disease that results in the hardening of skin tissue, both internal and external. Benner resides in Rancho Palos Verdes with his wife, Janie, who is also active in Scleroderma Foundation affairs. About autobytel.com inc. Autobytel.com inc. , the global leader in online automotive commerce, brings car buyers, owners, and sellers together in a trusted environment, empowered by the Internet. Through its extensive automotive content and multiple purchasing, financing, insurance and service options, Autobytel.com offers consumers choice and peace of mind throughout the automotive lifecycle, while providing its network of accredited dealers and automotive services partners the most efficient way to reach online car buyers and owners. Autobytel.com and its wholly-owned subsidiary, CarSmart.com, have a network of over 5,000 Dealers nationwide and are the seventh largest generator of automotive sales in the United States, just behind GM, Ford, DaimlerChrysler, Toyota, Honda and Nissan. Autobytel.com has been ranked #1 in Dealer Satisfaction with Online Buying Services for three years in a row by J.D. Power and Associates(1). Autobytel.com's low-cost, no-haggle car-buying program is available in the U.S., Canada (http://www.autobytel.ca), the United Kingdom (http://www.autobytel.co.uk), Sweden (http://www.autobytel.se) and Japan (http://www.autobytel-japan.com). Headquartered in Irvine, California, Autobytel.com is recognized as the company that transformed the $1 trillion new car industry when it invented online car buying. The statements contained in this press release that are not historical facts are forward-looking statements under the federal securities laws. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed in, or implied by, such forward-looking statements. Autobytel.com undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause Autobytel.com's actual results to differ materially from those expressed in, or implied by, the forward-looking statements are changes in general economic conditions, increased or unexpected competition, changes in A.I.N. Corporation's financial performance, and other matters disclosed in Autobytel.com's filings with the Securities and Exchange Commission. (1) J.D. Power and Associates 1998 - 2000 Dealer Satisfaction With Online Buying Services Studies(SM). 2000 study conducted among dealership Internet specialists who completed 2,144 evaluations of individual services. http://www.jdpower.com.