TAMPA, Fla. (BUSINESS WIRE) -- Growth Technologies International, Inc., a Florida Corporation (Pink Sheets: GRWT) ("Growth Tech" or "the Company") announces today that since its announcement last month, its Lot Vantage online Motors software reseller program has signed 4 national resellers reaching over 500 dealerships nationwide.
"The initial product launch for Lot Vantage has focused not only on dealer direct sales, but on the creation of strategic partnerships in the automotive industry" said Matthew Brown, President and CEO of Growth Technologies. "The early adopters of this reseller program will benefit from an enhanced offering to their dealer base as a result of the Lot Vantange Dealer Software, as well as profit from an aggressive revenue share opportunity," Brown continued.
The automotive marketplace has been deeply affected by the current economic environment. EBay Motors and Craigslist offer dealers global exposure of their new and pre-owned inventory greatly expanding the reach of more traditional automotive marketing efforts. Lot Vantage dealer software delivers the flexibility of a per car pricing model with no setup fees, contracts, or minimums while still providing user rich features such as integrated lead management, data imports, and custom auction templates to help ensure success from online marketing. Lot Vantage's pricing structure and extraordinary features create an enormous value to both independent and franchise dealers alike.
The Company anticipates rapid growth in November and December of 2008 as it is currently in negotiations to sign additional resellers and dealership groups whose objectives are to further their business models by leveraging the power of online portals through the Lot Vantage platform.
For more information on Lot Vantage software or the Lot Vantage Reseller program, please visit http://www.LotVantage.com, or email firstname.lastname@example.org.
For more information, please visit: http://www.GrowthTechnologies.com.
About Growth Technologies International, Inc.
Growth Tech is a leading developer of web-based technologies for businesses. Growth Tech enables businesses to capitalize on technologies that are critical to the evolving world of online sales and marketing through our subsidiaries: AuctionSound.com, LotVantage.com and ThatsUs.com.
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