Fixthiscar.com Inks Licensing Agreement With MOTOR Information Systems for Data From Auto Repair Guides
20 September 2000
Fixthiscar.com Inks Licensing Agreement With MOTOR Information Systems for Data From Auto Repair Guides- Internet Company Licenses Data From Automotive Guides Used By Mechanics And Auto Repair Shops to Provide Consumers With an Online System to Diagnose Mechanical Problems and Obtain Precise Estimates for Automotive Repairs - PLEASANTVILLE, N.J., Sept. 20 Fixthiscar.com, the nation's first comprehensive, web-based software solution providing consumers with a system to diagnose mechanical problems and obtain precise estimates for automotive repairs, and MOTOR Information Systems, a division of Hearst Business Publishing, the world's premier supplier of automotive data, today announced a licensing agreement. The agreement permits Fixthiscar.com to use data derived from the MOTOR Information Systems automotive repair guides. These guides are used by mechanics and auto repair shops throughout the world to estimate parts and labor pricing for automotive repairs. Fixthiscar.com allows consumers access to the same estimating systems used by automotive professionals. Using patented software technologies, Fixthiscar.com is the only Internet company that diagnoses mechanical failures specific to any brand of car manufactured since 1992, and provides precise estimates for parts and labor. Armed with diagnostic and price estimating information, consumers will be better able to communicate with auto repair professionals. Privately funded, Fixthiscar.com plans to launch the website during the fourth quarter, 2000. "We're very pleased about the agreement with MOTOR Information Systems. The data we licensed has helped us build content into our proprietary software technology that will provide automotive repair information to online consumers," said Brad Pogaschefsky, founder, president and chief executive officer of Fixthiscar.com. "Fixthiscar.com provides the ideal method for consumers to access the MOTOR Information Systems auto repair guide information, which will ultimately help them better communicate with automotive repair professionals and manage the health and cost of repairs for their cars." At no cost to online visitors, Fixthiscar.com offers features and benefits including: on-the-spot vehicle problem diagnosis; parts and labor repair estimates that can be used to validate repair shop pricing; and a prediction model that notifies customers of the next most likely component or part to fail on their automobile. The website also provides preventative maintenance tips customized to consumers' individual needs. Fixthiscar.com also offers a business-to-business enterprise solution through sublicensing its proprietary software technology. Targeted sublicense markets include search engine companies, automotive associations, individual dealers and automotive related websites. Businesses who sublicense Fixthiscar.com's product will be able to brand and market the software technology and content for their own use. This includes the added value of all Fixthiscar.com features and benefits including easy navigation of organized estimating data that has been mainstreamed for the consumer. About MOTOR Information Systems MOTOR Information Systems, a division of Hearst Business Publishing, is the world's premier supplier of automotive data. MOTOR's mission since 1903 has been to provide customers with unbiased, accurate, authoritative and reliable information in consistent, easy-to-use formats. MOTOR Information Systems is headquartered in 5600 Crooks Road, Suite 200, Troy, Michigan 48098; tel: 248.828.0000; fax: 248.828.0215; and http://www.motor.com. About Fixthiscar.com Fixthiscar.com, a subsidiary of Fixit4less.com, is the nation's first comprehensive, web-based software solution providing consumers with a system to diagnose mechanical problems and obtain precise estimates for automotive repairs. Using patented software technologies, Fixthiscar.com is the only Internet company that diagnoses mechanical failures specific to any brand of car manufactured since 1992, providing exact estimates for parts and labor. Fixthiscar.com offers features and benefits including: on-the-spot vehicle problem diagnosis; parts and labor repair estimates that can be used to validate repair shop pricing; and a prediction model that notifies customers of the next most likely component or part to fail on their automobile. The website also provides preventative maintenance tips customized to consumers' individual needs. Headquartered in Pleasantville, New Jersey, Fixthiscar.com is located at 400 Black Horse Pike, Pleasantville, New Jersey 08232; tel: 609.646.1104; fax: 609.646.0730 or by visiting http://www.fixthiscar.com. Fixthiscar.com is a trademark of Fixit4less.com, Inc. All other names featured herein are either registered trademarks or trademarks of each respective company.