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Next Phase Media Changes Name to Reply! Inc.
New Name Underscores Company's Expanding Leadership in Convenient Online Services for Consumers
WALNUT CREEK, CA (June 14, 2004) –
Next Phase Media, the leading provider of online service marketplaces, today announced it has changed its name to Reply! Inc. The new name and corporate logo underscore the company's expanding leadership in providing consumers convenient and trustworthy services in: residential real estate; automotives; home improvement; moving services; financing; and insurance. The change also coincides with the launch of their new online service portal - www.reply.com - also announced today.
The new site is designed to provide users one convenient location to access trusted service providers and content that is critical for making major purchase decisions across multiple categories. The company is promoting its new brand through an extensive advertising campaign aimed at reaching consumers nationwide, as well as automotive dealers, real estate professionals, and other service professionals.
Backed by a network of more than 12,000 service providers, Reply! has already established itself as a leading consumer resource on the Internet. Reply! has helped hundreds of thousands of consumers get better deals by matching their specific needs with competing service providers. The site's matchmaking services have led to billions of dollars in real estate transactions and tens of millions of dollars in automobile sales over the past two years.
"Reply! is the leader in matching quality buyers with trusted service providers - professionals who are willing to compete for consumers' business. We facilitate hundreds of millions of dollars in services every month," said Reply! CEO Payam Zamani. "And we are confident that our new name, logo and enhanced services will persuade even more people to try our convenient and stress-free services."
Reply! was formed more than two years ago under the name, Next Phase Media, the corporate umbrella of several leading online referral sites. The company has grown rapidly to become a leading provider of value-added services that help consumers: find capable real estate agents; buy and sell cars; locate reliable home improvement contractors; hire trustworthy moving services; and secure low financing rates for major purchases. With the formation of its new web site, Reply! is now making all of these services available through a single destination and sign-up process.
A survey conducted by Harris Interactive in May 2004 shows that American consumers increasingly view the Internet as their most trusted source for purchase decisions. In fact, respondents to the new "Trusted Sources" survey identified only their own spouse as a more important source of referral and advice for major purchase decisions, such as a home, car or major appliance. The Internet is now a more popular source of referral than parents, close friends, knowledgeable professionals, news articles, and religious figures, according to the survey.
Dealers can sign up for the service online at www.iMotors.com.
Free to consumers, Reply.com helps individuals get better deals on major life purchases without the inconvenience of comparison-shopping or conducting extensive research on the Internet. Consumers simply register online, specify what they are interested in buying, such as a home or a car, and qualified providers - those willing to compete for their business - promptly contact them with the information they desire.
About Reply! Inc.
Reply! Inc., (formerly Next Phase Media, Inc.), is the leading provider of online service marketplaces, where consumers are matched with qualified professional service providers. Reply!'s online service portal - www.reply.com - provides services to consumers in the following industries: residential real estate; automotives; home improvement; moving services; financing; and insurance. Reply!'s family of online marketplaces includes: iMotors; OpenAuto; RealtyNow; AgentConnect; iCastle; and CarClub. Privately held, the company has 75 employees and is headquartered in Walnut Creek, Calif.
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