Auto Body Repair Shops Rendered 280% More Estimates and Repaired 725% More Jobs Via DingIT® in 2005

June 9, 2006 — The number of free estimates rendered online via DingIT.com has increased 280% in 2005 compared to 2004. At the same time, the number of actual repairs that were initiated via DingIT® increased by 725% and the total dollar value of the repairs increased over tenfold, at 1187%.

DingIT® offers a unique free service that saves time and money to millions of car owners by allowing them to receive estimates for their auto body work over the Internet. This service saves the car owners the need to spend hours driving to auto body repair shops to obtain estimates.

During 2005 DingIT gradually improved its offering to the car owners by re doing its website (http://www.dingit.com), adding features that allow the customers to receive more valuable information and validate the estimates, and made the enrollment process faster and easier to allow more auto body repair shops join the DingIT® network. In addition, DingIT® invested in increasing visibility to reach more potential users.

“This natural growth in our business is a testament to the value of our service. Our focus has always been on adding value to both car owners and to auto body repair shops, and the growth in 2005 is the result of these efforts,” says Mr. Eyal Golan, founder and head of marketing at DingIT®

“In 2006 we will continue to expand our services in the Los Angeles area and in other cities. In order to expedite this expansion and increase awareness of the service among millions of potential users we will seek to partner with key firms in industry, as well as look for external investments.” Mr. Golan adds

About DingIT®
DingIT® is an independent service company based in Los Angeles. Its objective is to solve the inefficiencies that currently exist in the process of repairing dents and auto body damage by exploiting Internet technology. DingIT introduced the first on only independent online dent and body damage repair marketplace. DingIT.com started operating in 2003, initially in West Los Angeles and later started expanding to Greater Los Angeles and other cities.