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DealerSocket Continues Growth; Recognized Once Again As Fastest Growing Company

Orange County, CA – November 18, 2008 – Leading automotive CRM provider DealerSocket, named Best Overall Company globally in this year's International Business Awards, has been ranked as one of the fastest growing technology companies in North America for 2008 by Deloitte & Touche.

DealerSocket’s impressive five year revenue growth of 768% earned it a place on The Deloitte Technology Fast 500 which ranks the fastest growing technology, media, telecommunications and life sciences companies in North America based on percentage fiscal year revenue growth over five years (2003-2007). 

2008 is the third year that DealerSocket’s growth momentum has been recognized by Deloitte’s Technology Fast 500 list.  Deloitte also recognized DealerSocket as the eleventh fastest growing private company in Orange County, CA for 2008.  The Orange County Business Journal also recently ranked the company as the #33 Fastest Growing Private Company in Orange County.  DealerSocket was named Best Overall Company globally in this year’s International Business Awards.

“This is an exciting award and we are honored to be recognized for the third year in a row by Deloitte.  DealerSocket’s Customer Relationship Management solution (CRM) for automotive continues to help dealerships reduce operating costs and increase revenue in this challenging economic environment," said Jonathan Ord, DealerSocket Co-Founder and CEO. "We have a solid understanding of our dealership customer base and their need to effectively manage every interaction that a person has with a store.  This has resulted in tremendous growth momentum for our company.  More than 30,000 users at over 500 dealerships throughout the U.S., Canada, U.K and Australia now use our solution.”

Today’s economy is presenting serious challenges to dealerships across the country.  In order for them to continue to thrive in this environment it’s critical that they remain constantly connected with the evolving needs of their customers.  DealerSocket’s CRM solution is a comprehensive tool that leverages each customer’s current and past history in sales and service, prospect interactions, marketing activities, dealership processes and the best attributes of a dealership’s staff to provide the ideal buying and service experience for its customers.
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