Corporate Announcement
Security Code : 532341    Company : IZMO    
 
Logix Microsystems Enters the Turkish Market with "Arababul.com" 
  Exchange Disseminated Time     
Logix Microsystems Ltd has informed BSE regarding a Press Release dated December 01, 2009 titled "Logix Microsystems Enters the Turkish Market with "Arababul.com""

Press Release:

"Logix Microsystems Ltd., India's fastest growing software Company in the Automotive retail space today announced it's entry into the Turkish Market, with the launch of arababul.com, Turkey's First New Car Portal.

The Portal, powered with the market leading web 2.0 interactive animations developed by Logix, has been designed, developed, hosted, and updated by Carazoo, a Logix division, as part of a turnkey solution provided to a client in Turkey.

Arababul.com is presently available in two languages; English and Turkish, and has a comprehensive Used Car module.

"We are happy to launch arababul.com in the Turkish market and expect the portal to redefine the Turkish Automotive market", said Sanjay Soni, MD of Logix Microsystems Ltd. "Arababul.com represents our continuing endeavour to develop world class portals as part of a comprehensive Automotive retail solution. Coming in the wake of autousa.com in the U.S. and carazoo.com in India, arababul.com is yet another proof of our online customer experience design prowess and domain expertise".

"Our client in Turkey worked closely with us on arababul.com and is looking forward to aggressively promote it within the Turkish Automotive Industry as well amongst new and used car buyers and sellers” said Pankaj Patel, VP of Carazoo. "After its success in India, this was Carazoo’s first venture into a foreign market."

Carazoo.com is India Only Car Portal with Interactive Animations. Carazoo today attracts nearly 400,000 visitors and generates over 21,000 Leads (sales inquiries) per month. The division also provides online showrooms for leading car dealerships in India, including Bimal Auto, Sagar Auto (Bangalore), NBS Mahindra (Mumbai) Concept Mahindra (New Delhi), and Kataria Automotive Group (Gujarat).

Carazoo received the 2008 PC Web World Award for the Best Design in the Automotive Website category, and the Best Automotive Website award in 2008 by MetrixLab of Netherlands. Carazoo is now a Googie AdWords Case study for its spectacular results in Online Marketing for itself and its clients."
 

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