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Year marked by expansion, industry partnerships, R&D investment and prestigious awardsJanuary 18, 2009 - BURLINGTON, VT - Dealer.com (www.dealer.com), the global leader of online marketing solutions for auto dealers, today announced that 2009 saw the highest annual growth in the company's twelve year history, with a five year revenue growth rate of 675 percent. In addition to the continued financial strength, Dealer.com extended its technology and service leadership with significant investment in research and development (R&D), expanded industry partnerships, prestigious awards and accolades, and the industry's first comprehensive online marketing platform. "As we continue to grow, we proactively expand our resources to offer all of our customers the best technology and service. We doubled our R&D investment this year, launched comprehensive employee training and development programs, and expanded our relationships with leading industry groups. These strategic initiatives help keep our dealerships, no matter the size or type, years ahead of the competition," commented Mark Bonfigli, Dealer.com president and CEO. In 2009, Dealer.com launched its Enterprise Solutions Division, designed to serve the needs of auto manufacturers and dealer groups. Dealer.com also expanded relationships with the majority of all North American based auto manufacturers. In addition, alliances were bolstered with leading advertising agencies. Partnerships with the nation's top automotive dealer groups, as ranked by Ward's Dealer Business, also increased. According to the annual ranking, 85 percent of the leading dealer groups now choose Dealer.com's online marketing services. "We have partnered again this year with the most prestigious and fast forward auto retailers in North America. The market share increase this year is a testament to word of mouth from our customers, that we are the right partner to have moving into this new decade of auto retailing. Next year is going to be a banner year for our customers," added Dean Evans, chief marketing officer, Dealer.com. Several independent national research groups continued to confirm Dealer.com's industry leadership, including comprehensive organic and paid search studies from Sorgenfrei, LLC and The Pasch Consulting Group. The company's industry-leading products and services and unique corporate culture were also recognized by the following awards and rankings in 2009:
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