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Press Release

20 August 2007
VEHIX PARTNERS WITH HOMENET TO INCREASE VEHICLE INVENTORY AND IMPROVE DEALERSHIP LEAD GENERATION
Auto dealers and consumers will benefit from enhanced automobile inventory features

Salt Lake City – Aug. 20, 2007 – The multi-platform digital automotive network, Vehix, announced today that it has partnered with HomeNet, Inc., to make it easier for auto dealers to upload vehicle inventory listings and photos to the Vehix network.

The Vehix network is adopting HomeNet’s Inventory Online (IOL), a management and marketing system used by thousands of auto dealers nationwide to help them sell more cars online and through other digital channels. This enhancement to Vehix’s back-office technology positions Vehix to increase its auto inventory in the future, helping it to become not only one of the most content-rich auto networks in the country, but also a network with unsurpassed auto inventory available for car shoppers throughout the U.S.

“It’s a win-win for consumers and auto dealerships,” said Derek Mattsson, Vehix CEO. “Increased inventory with detailed vehicle information and photographs makes Vehix more relevant for consumers, and HomeNet’s robust and easy-to-use inventory editing tools make it remarkably simple for dealers to work with Vehix and list automobiles for sale.”

Vehix dealers will enter the HomeNet inventory editing system, known as one of the most accessible systems of its kind, via the Vehix Dealer Resource Center. Auto dealers can use the system to upload up to 27 photographs of each vehicle for sale.

“Building a partnership with Vehix is a truly exciting opportunity,” said HomeNet’s CEO, Jesse Biter. “Vehix provides valuable service for online automotive shoppers and their marketing strategy has been very effective at maximizing brand awareness. This partnership will help Vehix continue to increase its market share while ensuring their customer’s inventory is in very capable hands.”

About Vehix
Vehixis a multi-platform digital automotive network designed to provide consumers with a truly one-stop automotive shopping experience. Vehix, through its unique content, inventory and advertising network, offers superior written and video content, objective third-party information and best-in-class research tools. All of Vehix’s car research and purchase tools are available on multiple platforms, including the Internet, cable television, video-on-demand, and mobile devices. Vehix launched in 1996 as an online automotive portal designed to facilitate the research and purchase processes for consumers. For more information visit www.vehix.com.

About HomeNet, Inc.
HomeNet, Inc. is a privately owned automotive technology provider. Founded in 1996, HomeNet's core focus is providing innovative technology solutions to help automotive dealers increase online sales. HomeNet offers its products to a variety of customers including dealers, OEMs, website providers, CRM providers, digital lot management firms, finance/leasing agents, auction agents, and more. The company is based on Christian principles and is headquartered in West Chester, PA, with satellite offices in FL, TX, UT, TN, and CO. For more information, please visit www.homenetinc.com.

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