FreeCar Media Announces International Expansion With Launch of FreeCar Japan
12 December 2000
FreeCar Media Announces International Expansion With Launch of FreeCar JapanLOS ANGELES, Dec. 12 FreeCar Media, creator of an innovative new form of out-of-home advertising, announces its introduction into international markets with the launch of FreeCar Japan. The three-year licensing agreement is the culmination of financing from Try-Networks International and additional Japan-based private investors, according to Keith Powers, vice president and co-founder of FreeCar Media. "FreeCar Media's out-of-home advertising offers advertisers an innovative solution to differentiate and penetrate a market that has traditionally been bombarded with an array of advertising messages," said Powers. "This is the first step of many into international markets. We anticipate launching the FreeCar business model in other parts of Asia, Europe and Latin America by March 2001." With offices in Tokyo, Osaka and Kyushu, FreeCar Japan offers advertisers the ability to reach captive consumers in an environment brimming with receptive members of their target audience, increasing their advertising value. Initial advertisers include powerhouse brands such as Toshiba-Japan and YAHOO! Japan. "When we discovered FreeCar Media, we instantly identified that it was an ideal way to deliver direct value to consumers and advertisers," Ken Takeda, President of FreeCar Japan. "This form of mobile advertising will be very successful in Japan because it will enable advertisers to streamline its messages while breaking through the current barriers of the lack of advertising space and skyrocketing costs." Drivers are strategically selected based upon the marketing needs of the advertiser and the drivers' individual lifestyle demographics, which are received when a driver registers at http://www.FreeCar.co.jp. Try-Networks International is a holding company for multiple online and offline businesses and is listed in the top 10 Internet properties in Japan. Its most prominent Internet properties are a group of free services including: FreeMail, FreeWeb, FreeCom, and FreeGroup. FreeCar Media's management team is lead by Chairman, CEO and co-founder Lawrence Butler who is also currently chairman and CEO of Alpha Technologies Group Inc. (ATGI), a $75 million publicly traded company. COO and co-founder Chris Gaebler helped launch CarsDirect.com, the leading car retailer on the Internet, and co-founder and vice president of sales Martin Caan is the former president of Kings Road Entertainment. Leading international sales is vice president and co-founder Keith Powers who recently merged his company MyFreeCar.com with FreeCar Media. Based in Los Angeles with offices in New York and Japan, FreeCar Media's wrapped vehicles are the newest innovation in alternative out-of-home advertising, providing advertisers an interactive and visual marketing tool with which to reach their audiences. The company offers advertisers the opportunity to wrap their name and logo around a vehicle model of their choice, driven by a driver of their choice. From retail chains to consumer products and brokerage houses, FreeCar Media has a vehicle and driver to match each advertiser's reach and target audience. Existing advertisers include Jamba Juice, Andersen Consulting, Thom McAn, Mobile Engines and Taco Bell. To find out how to become an advertiser, or to sign up as a driver, visit http://www.FreeCar.com. For more information or to schedule an interview, please contact Joanne Licausi at (619) 234-0345 or via email at licausi@formulaPR.com.