FOR IMMEDIATE RELEASE
Edmunds.com Celebrates 40th Anniversary by Reviewing Classic Cars
SANTA MONICA, Calif. — July 19, 2006 — Edmunds.com, the premier online resource for automotive information, today recognized its 40th anniversary by launching reviews of the most significant vehicles of the past 40 years at http://www.edmunds.com/40thanniversary/index.html.
"The automotive industry and its products are dramatically different than they were when our company was founded in 1966," remarked Karl Brauer, Editor-In-Chief at Edmunds.com. "This milestone gives us a chance to reflect on the highlights of days gone by."
Edmunds.com, Inc. (previously known as Edmunds Publishing Corp.) was founded in 1966 for the purpose of publishing new and used automotive pricing guides to assist automobile buyers. Neither its founders nor its original readers could have predicted the path the company would take.
In 1994, before the World Wide Web became mainstream, the company's new car pricing data was first posted on the Internet through a "gopher site" that was known as "The Electronic Newsstand." This was the first time consumer automotive information had been provided through the Internet. In early 1995, the company launched www.edmunds.com, which was the first automotive information Web site.
In 1996, Edmunds.com launched its Forums (previously known as Town Hall). They quickly became the most established automotive message boards and continue to thrive today.
In January 1998, Edmunds.com content reached farther than any other automotive materials in history. Russian cosmonauts aboard the Mir spacecraft asked NASA to send them interesting automotive leisure reading, and NASA looked to Edmunds.com for help. In response, the company transferred its site content to a CD-ROM and delivered it to NASA, which in turn delivered it to the spacecraft.
In January 2005, the company launched Inside Line, the ultimate online destination for the car enthusiast. Inside Line uses online technology to it fullest potential, presenting hot cars and trucks as they were meant to be seen — in motion.
In February 2006, the company introduced CarSpace, an automotive lifestyle social networking site where members can create personalized automotive pages and link with friends.
To read more about Edmunds.com's history, visit the Company Profile at http://www.edmunds.com/help/about/profile.html. To read about the most significant vehicles of the past 40 years, visit the 40th Anniversary Celebration page at http://www.edmunds.com/40thanniversary/index.html.
About Edmunds.com, Inc.
Edmunds.com is the premier online resource for automotive information. Its comprehensive set of data, tools and services, including the industry's largest collection of automotive photographs and online videos, is generated by Edmunds.com Information Solutions and is licensed to third parties and used by over 15,000 cars dealers including 98 of the 100 dealers named to the Ward's Dealer Business "e-Dealer 100" list. Perhaps the most popular consumer product, Edmunds.com True Market Value® pricing, is relied upon by millions of people seeking market-reflective valuations for new and used vehicles. The company also supplies content for the auto sections of NYTimes.com, AOL, CNN.com and About.com; provides weekly data to Automotive News; and delivers monthly data reports to Wall Street analysts. In addition, Edmunds.com publishes Inside Line, a free high-speed online magazine for auto enthusiasts, and CarSpace, an automotive lifestyle social networking Web site for anyone with an interest in automobiles. 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, was ranked first in the Survey of Car-Shopping Web Sites by The Wall Street Journal and was rated No. 1 in Keynote's study of third-party automotive Web sites. The company is headquartered in Santa Monica, California, and maintains a satellite office in suburban Detroit.