US SEARCH.com Introduces 'Lemon Check' Offering, Expanding Its Information Services for Consumers; Car Buyers Gain Instant Access to Vehicle History Reports from Carfax
16 November 2000
US SEARCH.com Introduces 'Lemon Check' Offering, Expanding Its Information Services for Consumers; Car Buyers Gain Instant Access to Vehicle History Reports from Carfax
LOS ANGELES--Nov. 16, 2000--In an effort to make it easier for consumers to keep informed about that most challenging of transactions -- buying a used car -- US SEARCH.com , a source of Internet-based information and risk management services, today introduced its new "Lemon Check" vehicle history reporting service.Accessible through the US SEARCH Web site (www.ussearch.com), the Lemon Check service is provided in partnership with Carfax.com, the Internet's leading provider of national vehicle history information. The move represents the latest expansion of US SEARCH's portfolio of high-value consumer services.
The US SEARCH Lemon Check enables the owner or potential buyer of a used car to learn its history, reducing the risk of surprises in the future. Using an automobile's unique vehicle identification number (VIN), consumers can obtain a vehicle history report in order to check for past ownership, salvage history, odometer fraud and past damage from floods, fires or major accidents. Search results are displayed instantly on the customer's computer screen.
"Our new Lemon Check service is entirely in keeping with our goal of empowering consumers to make better informed, smarter decisions," said Brent Cohen, president and CEO, US SEARCH.com. "Carfax is the ideal partner for us, as together we bring this valuable vehicle history information to consumers. Lemon Check is a genuine bargain -- especially considering that informed car buyers can potentially save thousands of dollars in repairs, to say nothing of the untold hassle and aggravation."
At no charge, consumers can determine whether a specific vehicle has ever been reported as a lemon or repurchased by the manufacturer. To obtain more in-depth information, a single vehicle history report can be obtained for $14.95, and access to an unlimited number of reports over a 60-day period costs $19.95. In addition, Carfax offers a 30-day, 100 percent money-back guarantee on its online vehicle history reports.
Carfax collects vehicle data from state title and registration records, auto and salvage auctions, rental and fleet companies, Canadian motor vehicle departments and other sources.
About US SEARCH
US SEARCH is a source of Internet-based information and risk management services, supplying individual, corporate and small business clients with one-stop access to a broad range of publicly available records and information. US SEARCH provides its customers with the right information to make faster, safer and smarter decisions(SM).
US SEARCH.com Forward-Looking Statements
This news release may contain forward-looking statements regarding future events or the future performance of US SEARCH.com with respect to, among other things, the demand for and the availability of the Company's services and the affiliate marketing program, the benefits of agreements with third parties, especially Carfax, and US SEARCH.com's ability to grow its business and expand its service offerings. These projections and statements involve risks and uncertainties. Readers are referred to the documents filed by US SEARCH.com with the Securities and Exchange Commission, specifically those included in the Company's latest Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. US SEARCH.com's actual future events or results may differ materially as a result of risks facing US SEARCH.com or actual results differing from the assumptions underlying such statements. Such risks and assumptions include, but are not limited to, US SEARCH.com's ability to expand and market its product line and service offerings, maintain and establish partnerships and Internet marketing arrangements.