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iCar Asia Ltd Secures 2 Executive Roles from Australia

Wednesday September 19th 2012 iCarAsia Limited owner of ASEAN’s number 1 network of automotive portal sites under the iCarAsia brand (www.icarasia.com), today announced that Mr Joey Caisse has joined as Chief Information Officer (CIO), in a regional role across all sites. Joey is currently working with Australia’s fastest growing and number 2 automtotive portal, carsguide.com.au, the joint venture between newslimited and consortium of Australia’s largest car dealers. At carsguide.com.au he leads both technology and product development for the business, during his time carguide has grown from number 5 to number 2 automotive portal in Australia. Prior to his role at carsguide he was the Chief Technology Officer for News Digital Media. Joey holds a Business Administration, Management Information Systems at Washington State University.

Joey brings with him an outstanding record of achievement in the technology arena and a deep understanding of the online automotive classified industry. Joey will add significant leadership and strategic support to the business.

“We are very excited that Joey has agreed to join iCarAsia, ASEAN’s number 1 network of automotive portals. He brings with him very strong IT and technical knowledge in online media industry over many years, but more importantly intimate knowledge of automotive classifieds and leading best practices not only in technology but product development. Joey’s skill set will ensure iCarAsia has the innovative capabilities to lead the market, said Damon Rielly. Chief Executive Officer of iCarAsia Limited. “I am excited to be joining iCarAsia as Chief Information Officer. The opportunity to join ASEAN’s number 1 automotive portal sites is an opportunity that was too good to refuse. I’m looking forward to bringing my depth of automotive classified knowledge and expertise to accelerate the business capability and growth”, said Joey.

For more information please contact:

Hamish Stone
Chief Executive Officer
iCar Asia Ltd
Mobile:
Email: hamish.stone@icarasia.com
Mark Licciardo
Company Secretary
iCar Asia Ltd
Tel: +613 8689 9997
Email: markl@mertons.com.au

About iCar Asia Limited (www.icarasia.com)

Listed on the Australian Securities Exchange, iCar Asia (ASX:ICQ) owns and operates ASEAN’s No. 1 network of automotive portals. Headquartered in Kuala Lumpur, Malaysia, the company is focused on developing and operating leading automotive portals in Malaysia, Indonesia and Thailand. iCar Asia is continuously working to capitalize on its market-leading positions, with its online properties currently reaching over 4.8 million car buyers and sellers in the region every month.

iCar Asia Group Network of websites:

o Malaysia: Carlist.my
o Malaysia: LiveLifeDrive.com
o Indonesia: Mobil123.com
o Thailand: One2Car.com
o Thailand: Thaicar.com
o Thailand: Autospinn.com

Malaysia
Indonesia
Thailand