LESA Finishes 2020 Well Positioned for Growth and Gives Back to Community after Challenging Year

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Grants $5,000 to Charities; Launches Contest to Benefit Dealership Partners

As we approach the end of 2020, it gives me great pleasure to announce $5,000 in contributions to several noteworthy charities along with our latest video contest.

LiveEventStream Automotive (“LESA” or the “Company”), the number-one provider of high definition full-motion automotive inventory video, today announced that it has donated, in aggregate, $5,000 to charities this holiday season as it completes its 9th year in business. Five organizations each received $1,000 from LESA: St. Jude's Children Hospital, the International Rescue Committee, American Foundation for Suicide Prevention, Salvation Army, and Loaves & Fishes, a local Chicago-area food pantry for which Cars.com (NYSE: CARS) provided a matching $1,000 donation. Separately, LESA launched a contest for dealership employees worth an additional $2,500 in prizes and donations – $500 will be given to one winning individual along with $1,000 worth of LESA video products and another $1,000 in donations to a charity of the associated dealership’s choice.

“I’m pleased to say that, after such a challenging and tumultuous year, LESA has grown stronger as an organization, won new clients, and is well positioned for growth going forward,” said Philip Ly, CEO of LESA. “While the impact of COVID-19 in the spring saw reduced automotive production and inventory, this situation improved as the year went on, with increasing demand for touchless vehicle delivery and video-based purchasing. Through careful planning and execution, we were able to keep our operations running smoothly while working to ensure the health and safety of our employees.

“As we approach the end of 2020, it gives me great pleasure to announce $5,000 in contributions to several noteworthy charities along with our latest video contest. I want to thank our employees and dealerships for their ongoing dedication to our products and services during this period of immense sacrifice and disruption; without you, LESA would not be able to survive, and we remain steadfast in our commitment to supporting our extended family as the industry continues to rebound in 2021.”
LESA’s Video Inventory Program is the premier full-motion video provider for the automobile dealer industry. The Company’s hi-def videos come complete with real human voiceover, search engine optimization, and custom voiceover options. With full inventory integration, a simple hardware platform, and a video and photo syndication process, dealers can quickly and easily present their walk around inventory videos not only on their main site including mobile but on major third-party sites as well.

About LESA’s Video Contest
The contest is open to any employee of an automotive dealership in the United States, whether or not the dealer is a current LESA customer. Video submissions should describe how video has improved a dealership and customer experience. Submissions should be emailed to video@lesautomotive.com by December 31, 2020. Winners will be announced January 15, 2021; see website for additional rules and information.

About LESA
LESA, founded in 2011, is a privately-held streaming media service provider based in Manchester, Connecticut. The Company offers several unique, cutting-edge video services for the automotive industry and is partnered with a number of service agencies that provide high-definition inventory walk around videos across North America, Australia and Europe.

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Philip Ly
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since: 04/2010
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