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Infomedia Renews Global Agreement with Hyundai Mobis

By May 25, 2012December 9th, 20162012, ASX Announcements

Friday, 25 May 2012 Sydney – International automotive industry IT developer, Infomedia Ltd, today announced it had entered into a new data license agreement with Hyundai MOBIS to produce and supply its Microcat® brand electronic parts catalogue (EPC).

Korean-based Hyundai MOBIS is the parts supply company for Hyundai and KIA dealers around the world. Hyundai dealers commenced using Microcat in 2001 and KIA dealers in 2008. The new agreement grants Infomedia the non-exclusive rights to supply Microcat for three years globally, except for China and Korea.

Infomedia’s Microcat EPC has led innovation across the industry since it was first introduced in Australia in 1990. In recent years it has made the successful transition from being a DVD-based software product to being the leading, fully online, cloud-based EPC offering. Microcat LIVE, which is already in use for other automotive dealers, will now be available for Hyundai and KIA dealers globally to help improve their fixed operations, productivity and service.

Infomedia Founder and Executive Chairman, Richard Graham, said, “This agreement reflects the long and positive relationship between Infomedia and Hyundai MOBIS. I believe both our companies are focused on providing Hyundai and KIA dealers with leading parts catalogue solutions that contribute to their brand growth and customer satisfaction. Today, Microcat is used by over 120,000 parts personnel in more than 160 countries, including over 15,000 Hyundai and KIA subscribers”.

“I believe Hyundai MOBIS is a company that is very much committed to customer satisfaction and great service. We are pleased that our products are playing a part in making that happen”, Mr Graham added.