Science & Technology
Tue, March 13, 2012 
IRVINE, Calif.--([ BUSINESS WIRE ])--[ Autobytel ] Inc. (Nasdaq: ABTL), a leading provider of online consumer purchase requests and marketing resources to the [ automotive ] industry, said today it expects to achieve meaningful growth in revenue and profitability for 2012.
Speaking at the 24th Annual Roth conference, Jeffery Coats, President and Chief Executive Officer, said aWe anticipate strong growth this year, driven, in part, by increasing recognition from our automotive manufacturer and dealer customers that the quality of our purchase requests is helping them sell more vehicles. Combined with more consumer traffic to Autobytel.com and the recovery in the automotive sector, we see a positive period ahead.a
For 2011, Autobytel reported its first profitable year since 2004 with 24 percent revenue growth.
About Autobytel Inc. ([ www.autobytel.com ])
Autobytel Inc., an online leader offering consumer purchase requests and marketing resources to [ car dealers ] and manufacturers and providing consumers with the information they need to purchase new and [ used cars ], pioneered the automotive Internet when it launched Autobytel.com in 1995. Autobytel continues to offer innovative products and services to help consumers buy, and auto dealers and manufacturers sell, more used and [ new cars ]. Autobytel has helped tens of millions of automotive consumers research vehicles; connected thousands of dealers nationwide with motivated car buyers; and helped every major automaker market its brand online. Through its flagship website Autobytel.com, its network of automotive sites and its respected online affiliates, Autobytel continues its dedication to innovating the industry's highest quality internet programs to provide consumers with a comprehensive and positive automotive research and purchasing experience, and auto dealers, dealer groups and auto manufacturers with one of the industry's most productive and cost-effective customer referral and marketing programs. For more information, please visit [ www.autobytel.com ].
Forward-Looking Statements Disclaimer
The statements contained in this press release that are not historical facts are forward-looking statements under the federal securities laws. These forward-looking statements, including, but not limited to, the anticipation of strong growth for 2012, driven, in part, by increasing recognition from our automotive manufacturer and dealer customers that the quality of our purchase requests is helping them sell more vehicles, combined with increased traffic to Autobytel.com and the recovery in the automotive sector resulting in seeing a positive period ahead, are not guarantees of future performance and involve assumptions and risks and uncertainties that are difficult to predict. Actual outcomes and results may differ materially from what is expressed in, or implied by, these forward-looking statements. Autobytel undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements are changes in general economic conditions; the financial condition of automobile manufacturers and dealers; disruptions in automobile production; changes in fuel prices; the economic impact of terrorist attacks, political revolutions or military actions; failure of our internet security measures; dealer attrition; pressure on dealer fees; increased or unexpected competition; the failure of new products and services to meet expectations; failure to retain key employees or attract and integrate new employees; actual costs and expenses exceeding charges taken by Autobytel; changes in laws and regulations; costs of legal matters, including, defending lawsuits and undertaking investigations and related matters; and other matters disclosed in Autobytel's filings with the Securities and Exchange Commission. Investors are strongly encouraged to review the company's Annual Report on Form 10-K for the year ended December 31, 2011 and other filings with the Securities and Exchange Commission for a discussion of risks and uncertainties that could affect the business, operating results, or financial condition of Autobytel and the market price of the company's stock.
