12.7.05

iCarMagic / DealerSite.com

iCarMagic LLC today announced that it has completed the acquisition of DealerSite.com, a website production company for automobile dealers. The acquisition allows iCarMagic to assume control over DealerSite's client base, key employees, and certain company assets. Combining iCarMagic' technical team with DealerSite's skilled creative staff will position iCarMagic as one of the strongest Web development companies serving the automotive retailing space.

This is the first acquisition for iCarMagic and is an integral aspect of their overall growth strategy which included the successful recruitment of Bernie Mock, formerly with Reynolds and Reynolds, to their team as Visionary Catalyst. iCarMagic is the fastest growing customer relationship management software company aimed at the expansive automobile retailing marketplace and is an approved solution for most of the major automobile manufacturers in the United States. The company creates Customer relationship software, internet lead management solutions, inventory management systems and now executes Web design and marketing programs.

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