Edmunds.com to Expand Data and IT Departments Under New CIO Scott Sullivan


FOR IMMEDIATE RELEASE

Edmunds.com to Expand Data and IT Departments Under New CIO Scott Sullivan

Former Yahoo! And Homestore.com Executive to Tackle New Initiatives for Automotive Internet Leader

SANTA MONICA, CALIF. - October 20, 2004 - Seasoned technology executive Scott Sullivan has joined Edmunds.com, the premier online resource for automotive information, as Chief Information Officer, responsible for managing and expanding the company's data and information technology successes.

Sullivan starts this week, bringing with him nearly two decades of broad based technology, business and financial expertise. In his new role, he will oversee more than 100 Edmunds.com employees in critical areas such as data architecture, development, technical operations, project management and quality assurance.

"Scott has proven to be extremely effective in establishing strong, highly motivated technology teams that meet aggressive deadlines at a high level of efficiency," stated Avi Steinlauf, Chief Operating Officer at Edmunds.com, to whom Sullivan reports. "We are confident that his leadership, expertise and enthusiasm will propel our success with the projects currently underway and the many still under development."

Sullivan is expected to grow his department as needed to address the company's continuous development of automotive consumer and business-to-business tools and services. There are already several positions available which are listed and described at http://www.edmunds.com/help/about/jobs/jobs/index.html. There will be additional opportunities for Java and Oracle developers as well as quality assurance engineers in the coming months.

"I was drawn to this position in large part because of Edmunds.com's intelligent, enthusiastic company culture as well as the sizable growth potential that Edmunds possesses," said Sullivan. "I had admired the company from afar, and am inspired to give my all to the tasks at hand."

Previously, Sullivan was Senior Vice President of Technology and Operations at Yahoo! / Overture Services. Earlier, he served as Vice President of Technology Operations at Homestore.com and Director of Global Information Services at QAD. Sullivan earned his Bachelor of Science from California State University, Long Beach, and resides in La Canada.

About Edmunds.com, Inc.

Edmunds.com is the premier online resource for automotive information. Its comprehensive set of data, tools and services, including Edmunds.com True Market Value® pricing, is generated by Edmunds.com Information Solutions and is licensed to third parties. For example, the company supplies over 800,000 pages of content for the auto sections of AOL and NYTimes.com, provides weekly data to Automotive News and delivers monthly data reports to Wall Street analysts. Edmunds.com was named "best car research" site by Forbes ASAP, has been selected by consumers as the "most useful Web site" according to every J.D. Power and Associates New Autoshopper.com StudySM and was ranked first in the Survey of Car-Shopping Web Sites as reported by The Wall Street Journal. The company is headquartered in Santa Monica, Calif. and maintains a satellite office outside Detroit.

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