INDICATA ANNOUNCES NEW PARTNERSHIP WITH TECAR INTERNATIONAL

Business Intelligence platform provider signs marketing and distribution partnership with international alliance of leading automotive purchasing centers and franchised car dealerships cooperations in Europe and North America.

INDICATA, the global leader in business intelligence and analytics solutions for used car operations to the automotive industry and part of the AUTOROLA Group, announced that it has signed a distribution and marketing agreement with TECAR International Trade GmbH, with its current 10 European and North American shareholders representing more than 11.000 outletsthe largest international alliance of national purchasing centers and their associated brand-related car dealerships and service operations, to deliver its Business Intelligence platform for professional used car management to TECAR customers across Europe and North America.

The business intelligence platform will be offered to the dealers of TECAR International. INDICATA is a web based platform that monitors all used cars currently for sale in a market by collecting and analysing live used car market data in real-time from classified websites, OEM websites, dealer websites, used car retailer websites, etc. Engineered for high-performance used vehicle management the solution enables dealers to turn data-driven insights into a competitive advantage and provides them strategic guidance to improve operational efficiencies in their used vehicle operations.

Jörg Höhner, Global Managing Director INDICATA at AUTOROLA Group, said “We are extremely excited to be working with TECAR
International and the local member organisations as the company has specific, in-depth knowledge of the local automotive retail
landscapes and great successes in sales and marketing partnerships with global suppliers. “

“Our mission is to help businesses to successfully operate their used vehicle operations by applying data-driven insights. We are confident that the partnership with TECAR International will bring INDICATA to more dealers and people who want to make data-driven decisions.",
he added.

“This agreement is a major milestone in our global expansion and forms a major part of the INDICATA's growth strategy to focus on investments in our partner ecosystem and follows directly our recent announcements of new features in its business intelligence platform and future expansion plans globally.”, Jörg Höhner said.

Axel Tödt, Managing Director at TECAR International Trade GmbH, comments "We are focused on bringing advanced services and
solutions to our associated partners. In the automotive aftermarket we have seen substantial potentials in this quite new business area and finally interest from our members in INDICATA as a great way to bring the power of data-driven insights and business intelligence. We expect they will greatly benefit from this international agreement and this refreshing new opportunity enabling them access to the leading INDICATA platform to help them improve efficiencies in their used vehicle operations.”