izmocars Strikes Agreement with Yahoo! Autos to Provide Consumers with 360 Degree Virtual Tours

Business Wire, April 22, 2003

Business Editors/Automotive Writers

SAN FRANCISCO--(BUSINESS WIRE)--April 22, 2003

izmocars (http://www.izmocars.com), a developer of interactive Internet tools for the automotive industry, today announced a new relationship with Yahoo!(R) Autos (http://autos.yahoo.com), an informative and objective site for people looking to buy, sell or research automobiles. As a key component in their newly enhanced vehicle detail pages, Yahoo Autos has implemented new functionality -- made possible by izmocars' animation technology -- to provide their consumers with access to 360 degree virtual tours of interior and exterior views of more than 500 vehicles.

izmoflix -- izmocars' animation technology -- is an animated virtual brochure designed to improve sales and increase leads from third-party and dealer websites.

The animations, based on actual photographs, display realistic exterior, interior and 360 degree views of vehicles and also feature a dynamic color selector option which changes the color of the vehicle in real time with the click of the mouse. izmoflix currently offers a catalog of more than 500 vehicles animations on Yahoo! Autos and regularly updates the content as new cars are released by manufacturers.

"izmocars fills an important gap in the current Internet model of vehicle research by providing visual content that can be merged with technical data on automotive websites," said Tej Soni, president and CEO, izmocars. "Buying a car is an emotional process, and through our relationship with Yahoo! Autos, we have the opportunity to provide their millions of consumers with a valuable interactive experience that can significantly enhance their research process."

"Yahoo! Autos is committed to providing our consumers with innovative, rich content that we know is critical to the new vehicle research process," said Travis Bowie, senior producer of Yahoo! Autos. "Through our relationship with izmocars, we now offer consumers an interactive experience that we feel is the closest thing to kicking the tires."

About izmocars

izmocars is a subsidiary of Logix Microsystems Ltd., an international software consulting company headquartered in India. Based in San Francisco, izmocars has more than 200 customers in the United States.

Note to Editors: Yahoo! and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo! Inc.