Working closely with Autodata Solutions will enable Xhibit to continue to develop its digital strategies and interactive web presences for the automotive sector. - Chris Richarde, President, CEO of Xhibit Corp.
Tempe, Arizona (PRWEB) December 21, 2012
Xhibit Corp. (OTCQB: XBTC), a leader in digital advertising and marketing services, has been selected by Autodata Solutions to provide digital advertising and interactive web development services.
As a service provider for Autodata Solutions, Xhibit will design, develop and deploy specific digital ecosystems combined with advertising and remarketing solutions. Xhibit plans to employ its industry leading creative and development teams to seek the optimal digital pairing of automotive data and interactive media to support future web development and digital media releases.
Xhibit will explore capabilities with Autodata Solutions connected to specific advertising campaigns for Autodata Solutions’ leading clients. Xhibit is strongly positioned to impact the automotive web development business, particularly the build your own (BYO) visualizers of individual car models.
“Our initial goal with Autodata Solutions is to develop a strong working relationship,” states Chris Richarde, Chief Executive Officer of Xhibit Corp. “Working closely with Autodata Solutions will enable Xhibit to continue to develop its digital strategies and interactive web presences for the automotive sector. This relationship also provides Autodata Solutions with entirely new digital product offerings for its extensive list of top-tier automotive clients.”
About Autodata Solutions
Autodata Solutions is a leading provider of business process outsourcing and data-enabled IT solutions to the automotive industry. Autodata helps auto industry leaders design and implement technology strategies along the entire sales-chain helping them more effectively market and sell their vehicles in today’s digital world. As a provider of data, software solutions and hosting services to North America’s Fortune 50 automotive leaders, every month over 10 million consumers interact with the B2C solutions built and supported by Autodata, and over $1 billion in B2C transactions are managed on behalf of Autodata’s clients. Autodata delivers these services by leveraging its automotive data management expertise and its proven automotive-specific technology platforms. Autodata is a wholly-owned subsidiary of Internet Brands.
About Xhibit Corp.
Xhibit is a cloud based marketing and technology development company focused on digital advertising, online and mobile social media, and CRM (customer relationship management) solutions. Xhibit offers a total solution for digital advertising that is integrated throughout its divisions and shares technology and resources across all of its services. Through its subsidiaries, Xhibit utilizes its branded products and services to provide digital marketing and advertising solutions for top tier advertisers and agency clients.
For more information see http://www.xhibitcorp.com.
Michael Schifsky, CFO
Cautionary Statement Regarding Forward-Looking Information
This press release may contain certain "forward-looking statements" relating to the business of Xhibit Corp. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding the advantages of Xhibit's products and services, market acceptance of those products and services, the future success of any services developed for Autodata Solutions, the business strategy, plans and objectives of Xhibit Corp.; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects", “intended” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results and ultimate corporate actions could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including, the demand for social media and viability of it for advertising, products and services developed by other companies that are competitive with this form of advertising, market share garnered by competitors, ability to maintain customer and vendor relationships, and those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov), among other factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.