Published: 04/20/2009
FAIRFIELD, Calif. (April 20, 2009) – CrashedToys, Inc. (NASDAQ: CPRT), a leading online vehicle remarketer, is pleased to be the primary sponsor of the No. 10 Toyota Camry in this weekend's NASCAR Nationwide Series race at Talladega Superspeedway with veteran driver David Reutimann.
“This will be the first time NASCAR fans are learning about CrashedToys and we think they’re going to like what they see. CrashedToys has a wide variety of unique cars for sale to fit the needs of all auto enthusiasts,” said CrashedToys President Jay Adair. “We believe this new sponsorship with Braun Racing is the perfect opportunity for us to show NASCAR fans and car enthusiasts what professional buyers have known for years – that CrashedToys is the best place to find cars.”
The sponsorship comes shortly after CrashedToys enhanced its website to make it easier for new buyers to search for and view vehicles offered at CrashedToys.com.
The convenience of CrashedToys’s patented VB2 virtual auction technology, which allows buyers from all over the world to bid on vehicles online from anywhere, has already attracted more than 100,000 professional buyers from more than 100 countries who buy more than 1 million vehicles every year.
“CrashedToys is dedicated to continued buyer awareness so that our sellers can continue to enjoy the most efficient bidding environment possible,” said Adair. “We believe our sponsorship of the No. 10 car during this weekend’s Nationwide race will help us do just that, as NASCAR fans love cars. Our goal is to make CrashedToys a household name among car fanatics everywhere!”
The Aaron’s 312 at Talladega Superspeedway is scheduled for April 25, 2009 at 2:30pm and will be broadcast on ABC TV and MRN Radio.
About CrashedToys
CrashedToys, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. CrashedToys remarkets the vehicles through Internet sales utilizing its patented VB2 technology. CrashedToys sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships, the general public and others. The company currently operates 147 facilities in the United States, Canada and the United Kingdom. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business
purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. For more information, or to become a registered buyer, visit www.CrashedToys.com.
Cautionary Language Regarding Forward-looking statements
This press release contains forward-looking statements within the meaning of federal securities laws, including statements regarding our expectations with respect to our sponsorship of Braun Racing’s No. 10 Toyota Camry driven by David Reutimann at Talladega Superspeedway April 25. In particular, we can provide no assurance that our racing sponsorship as described in this press release will result in an increase in our buyer base. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the “management's discussion and analysis” and the other risks identified in CrashedToys’s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. We encourage investors to review these disclosures carefully. We do not undertake to update any forward-looking statement that may be made from time to time on our behalf.
Contact:
Marla J. Pugh
Communications Manager
(707) 639-5185
