Rocket City’s (RCAU) CompleteAuto Program
Reaches New All Time High as Its eBay Motors Vehicle Listings Soar Above
16,500 Units
ORLANDO, Fla. (Business Wire EON/PRWEB ) June 25, 2007 --
Rocket City Automotive Group, Inc. (PINK SHEETS:RCAU),
announced today that its primary subsidiary and revenue-generating
product line, CompleteAuto, has reached a new all-time high in eBay
Motors vehicle listings as its presently accounted listings stand at a
record setting 16,628 units.
Prior to this substantial milestone, RCAU’s
eBay Motors vehicle listings had not surpassed the 15,500 units mark. “The
implementation of our new sales strategy and marketing plan has paid off
and is increasing our figures across the board on a daily basis,”
stated Jeff Roman, CEO of RCAU.
RCAU remains on target to reach its vehicle listings goals of over
35,000 units listed online at all times. In the event that the described
goals are met and maintained, by estimate, RCAU would occupy or
represent over 50 percent of all vehicles for sale on eBay Motors.com.
“We have experienced substantial growth in
both our sales figures and revenue through simple modifications to our
sales program and marketing strategy. In addition, we have acquired two
highly experienced and knowledgeable executives to our RCAU team that
will be announced this week once the appropriate documentation has been
properly carried out. The growth of the Rocket City organization has
been a truly remarkable experience and we thank our shareholders for
their long term support and trust, stated Jeff Roman, CEO of Rocket City
Automotive Group.
About Rocket City Automotive Group, Inc.:
CompleteAuto, a subsidiary of Rocket City Automotive Group, Inc. (PINK
SHEETS:RCAU) is an eBay Motors Preferred Services Provider and offers
proprietary software, personnel and design solutions to hundreds of
automotive dealerships around the country. CompleteAuto is a wholly
owned subsidiary of RocketCity which was formed to acquire, manage
supervise and operate corporations specializing in auction services,
eCommerce, software development and retail automotive operations.
CompleteAuto and RocketCity believe there are enormous growth
opportunities in the $1 trillion dollar automotive retailing industry.
The experienced management team will continue to execute strategic
initiatives to maximize operations in this marketplace with their
products and services. Visit them on the web at www.RCAU.com
to learn more.
Learn more about Complete Auto by visiting: www.completeauto.com
Disclaimer:
CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements," which are
statements related to future, not past, events. In this context, the
forward-looking statements often include statements regarding our goals,
plans, projections and guidance regarding our financial position,
results of operations, market position, pending and potential future
acquisitions and business strategy, and often contain words such as “expects,”
“anticipates,” “intends,”
“plans,” “believes,”
“seeks” or “will.”
Any such forward-looking statements are not assurances of future
performance and involve risks and uncertainties that may cause results
to differ materially from those set forth in the statements. These risks
and uncertainties include, among other things, (a) general economic and
business conditions, (b) the level of strategic partner incentives, (c)
the future regulatory environment, (d) our cost of financing, (e) our
ability to complete acquisitions and dispositions and the risks
associated therewith, and (f) our ability to retain key personnel. These
factors, as well as additional factors, could affect our forward-looking
statements. We urge you to carefully consider this information. We
undertake no duty to update our forward-looking statements, including
our earnings outlook.
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