The Industry's Leading Source For F&I, Sales And Technology

Software & Technology

Autobytel.com Names Hoshi Printer CFO

April 19, 2001

Autobytel.com Inc. on April 19 announced the appointment of Hoshi Printer as executive vice president and chief financial officer.

Printer served as Autobytel.com's chief

financial officer from January 1999 to June 2000.

Amit Kothari, Autobytel.com's interim CFO, will resume his position as vice president,

corporate controller for the company.

"I am very pleased to announce Hoshi's return. This quarter alone we have launched a pilot with General Motors, signed an agreement to acquire Autoweb -- which is projected to make us a $100 million a year revenue company -- and

reiterated our Q3 profitability targets," said Mark Lorimer, president and CEO of Autobytel.com Inc. "Hoshi's extensive background in finance, his understanding of the complexities of the automotive industry, and his

experience as CFO of several high profile technology companies, including Autobytel.com, will serve us well as we continue to grow and diversify, both globally and domestically.

"Moreover, as we approach our profitability goal," continued Lorimer, "we are especially pleased that our financial team will continue to benefit from Amit's expertise, not only in the very crucial role of corporate controller,

but also in the area of strategic financial development."

Printer, who has more than 35 years of experience in financial management, has served as CFO of BestOffer.com, a San Francisco-based online used-car company, and of Peerless Systems Corporation, a leader in embedded imaging systems.

"I have watched Autobytel.com grow by leaps and bounds over the past year and I am deeply impressed by the company's continued leadership, its very strong management team, its laser focus on profitability and, most

significantly, its compelling vision for the future of global online automotive commerce," Printer said. "I am very happy to rejoin the company as part of the team moving the company towards what I believe to be a very exciting and financially solid future."

Printer has also held the CFO post at a number of other high-tech companies, including Neuron Data, developers of high-end, enterprise-wide

client-server, object and web oriented tools; Soane Technologies, Inc., an ophthalmics and bioscience business based on polymer chemistry; and Catalytica, Inc., developers of environmental technology.

Printer began his career at Xerox Corporation where he spent 17 years, the last six as vice

president of finance.

About Autobytel.com Inc.

Autobytel.com Inc., involoved in in online automotive commerce, brings car buyers, owners, and sellers together in a trusted environment, empowered by the Internet.

Through its automotive content and multiple purchasing, financing, insurance and service options, Autobytel offers consumers choice throughout the automotive lifecycle, while providing its network of accredited dealers and automotive services partners an efficient way to reach online car buyers and owners.

Autobytel and its wholly-owned subsidiary, A.I.N. Corporation (Carsmart), have a network of dealers nationwide and are the seventh largest generator of automotive sales in the United States, just behind GM, Ford, DaimlerChrysler, Toyota, Honda and Nissan.

Headquartered in Irvine, Calif., Autobytel has been ranked #1 in Dealer Satisfaction with Online Buying Services for three years in a row by J.D. Power and Associates.

Autobytel's low-cost, no-haggle car-buying

program is available in the U.S., Canada (www.autobytel.ca), the United Kingdom (www.autobytel.co.uk), Sweden (www.autobytel.se), Netherlands (www.autobytel.nl), Japan (www.autobytel-japan.com), Australia (www.autobytel.com.au) and Spain (www.autobytel.es).

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email: