ARI Network Services, Inc. Announces Acquisition of Auction123, Inc.

FOR IMMEDIATE RELEASE

ARI Network Services, Inc. Announces Acquisition of Auction123, Inc.

Milwaukee, Wis., November 2, 2016 – ARI Network Services, Inc. (NASDAQ: ARIS) announced today that it has acquired Auction123, Inc., a leading provider of software and services to help dealers in selected vertical markets manage and feed inventory information to online marketplaces to drive more sales and leads. Auction123 serves several vertical markets including automotive, powersports, recreational vehicles and marine. Terms of the transaction were not disclosed.

“The acquisition of Auction123 will accelerate ARI’s growth in our existing vertical markets, introduces ARI into the automotive dealer market and is consistent with our strategy to grow the business both organically and through strategic acquisitions,” said ARI President and CEO Roy W. Olivier. “We are excited about the opportunity to cross-sell our other products into Auction123’s base of more than 1,200 dealers.”

Founded in 2001, Auction123 has been a leader in online marketing solutions, inventory management and website development solutions for dealers in selected vertical markets. Their award-winning web-based software offers tight and seamless integration between the dealer management system (DMS), the dealer’s website, eBay Motors, Craigslist, Facebook and other third-party classified websites.

Auction123 will maintain its headquarters in Weston, Florida.

“We expect the Auction123 acquisition to generate incremental revenue of more than $3 million for the remainder of our fiscal 2017 and be accretive to adjusted EBITDA,” said ARI CFO William A. Nurthen.

About ARI ARI Network Services, Inc. (ARI) (NASDAQ: ARIS) offers an award-winning suite of SaaS, software tools, and marketing services to help dealers, manufacturers and distributors in selected vertical markets Sell More Stuff!™ – online and in-store. Our innovative products are powered by a proprietary data repository of enriched original equipment and aftermarket electronic content spanning more than 17 million active part and accessory SKUs and 750,000 equipment/vehicle models. Business is complicated, but we believe our customers’ technology tools don’t have to be. We remove the complexity of selling and servicing new and used vehicle inventory, parts, garments and accessories for customers in the automotive tire and wheel aftermarket, powersports, outdoor power equipment, marine, recreational vehicle, home medical equipment, and appliance industries. More than 23,500 dealers, 195 distributors, and 3,360 brands worldwide leverage our web and eCatalog platforms to Sell More Stuff!™ For more information on ARI, visit investor.arinet.com.

Additional Information:

Notice Regarding Forward-Looking Statements

Certain statements in this news release contain “forward‐ooking statements” regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projects about the markets in which we operate and the beliefs and assumptions of our management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects”, “intends,” “plans,” “believes,” “seeks,” “estimates,” “endeavors,” “strives,” “may,” or variations of such words, and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward‐ooking statements are subject to a number of risks, uncertainties and assumptions that are difficult to predict, estimate or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in Part 1A of the company’s most recent annual report on Form 10‐, as such may be amended or supplemented by subsequent quarterly reports on Form 10-Q, or other reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward‐ooking statements. The forward‐ooking statements are made only as of the date hereof, and the company undertakes no obligation to publicly release the result of any revisions to these forward‐ooking statements. For more information, please refer to the company’s filings with the Securities and Exchange Commission.

For media inquiries, contact:

Colleen Malloy, Director of Marketing, ARI, 414.973.4323, colleen.malloy@arinet.com

Investor inquiries, contact:

Theresa DeNicola, ARI, 414.973.4334, theresa.denicola@arinet.com

Autosoft Certifies Auction123 Vehicle Inventory Solutions for Integration With Autosoft’s Dealer Management System

NEWS RELEASE

Integration Provides Automotive Retailers Seamless Connection Between Autosoft DMS and Auction123’s Inventory Management Solutions 

WEST MIDDLESEX, Pa., Aug. 5, 2016 – Autosoft, Inc., a leading national dealer management system (DMS) provider, announced that Auction123 has completed the certification process for integration as an Autosoft Connect program partner.

Auction123 offers award-winning inventory management, Internet marketing, and dealer website solutions, providing fully automated tools for publishing and selling inventory on Craigslist, Facebook, and over 400 online marketplaces. As an eBay Preferred Solution Provider, Auction123 supplies advanced tools for generating leads, managing listings, and selling inventory on eBay.

When dealerships using Autosoft DMS choose Auction123 as their preferred inventory management provider, Auction123 seamlessly pulls information from the DMS to the dealer’s Auction123 account. Dealers can then utilize Auction123’s mobile application to wirelessly upload images. Within the web-based inventory management system, dealers can enter descriptions, edit images, apply watermarks, modify vehicle data, print window stickers and buyers’ guides, and perform any tasks needed to get the inventory ready to be published online.

“We are delighted to have Auction123 as a partner in our Connect program, giving Autosoft customers a broader choice of integrated solutions that help them manage their business,” said Dale Novotniak, a product manager at Autosoft.

Automotive dealerships who are looking for more information on Auction123’s inventory management and online marketing solutions are encouraged to contact Auction123 at 888.514.0123 or Sales@Auction123.com.

Auction123 Named the Gold Award Winner in the 2016 Dealers’ Choice Awards

Thank you to all who nominated and voted for Auction123 as your favorite Online Inventory Listing Management provider! We are extremely honored to be named as a 7 time category winner in the Dealers’ Choice Awards.

NEWS RELEASE

Auction123, the leading provider of inventory marketing solutions for dealerships of all vehicle categories, is honored to be the recipient of the Gold Award for Best Online Inventory Management Provider in Auto Dealer Monthly’s 2016 Dealers’ Choice Awards. This marks the seventh year Auction123 has been recognized in these awards.

The winners of the 12 annual Dealers’ Choice Awards will be announced in the upcoming July issue of Auto Dealer Today magazine. The awards are based on a comprehensive survey that allowed dealers and dealership personnel to recognize their favorite vendors, suppliers, and finance companies in 34 categories. Thousands of dealers from across the nation take part in the voting, scoring their providers on the product or service itself, customer support and service, overall value, and whether they would recommend the company to another dealer.

 

“This year’s winners include Dealers’ Choice Awards regulars as well as a number of new companies that have emerged as major players in a variety of categories,” said David Gesualdo, publisher of Auto Dealer Today and F&I and Showroom magazines. “But they all have one thing in common: They have earned the loyalty and praise of dealers, and they deserve our congratulations.”

“We are extremely grateful to our loyal clients who took the time to vote for Auction123 in this year’s Dealers’ Choice Awards”, said Ray Basha, C.E.O of Auction123, Inc. “Our main focus has always been to provide dealers with the most innovative tools coupled with superior customer service. Being recognized as a 7 time category winner is a huge honor and confirms that we are living up to our goal to offer the best possible inventory marketing solutions.”

For more information on Auction123’s products and services, visit http://auction123.com or call (888) 514-0123.