Market Overview

CarStory Announces Breakthrough Automotive Search Technology

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Patent-Pending CarStory MicroDB Increases Search Speed over 40x

CarStory,
the automotive AI platform from Vast,
today announced the launch of CarStory
MicroDB
, a new a patent-pending search and compression technology
that improves automotive searches by over 40x. Speed is everything in
today's mobile dominated market and MicroDB brings instantaneous results
to users, whether on desktop or mobile device.

"CarStory MicroDB changes the game in automotive search. Most sites are
frustratingly slow and every delay results in lost sales, traffic and
loyalty," said John Price, CEO of Vast. "Speed and a great experience
are now inextricably linked. You can't deliver one without the other.
We're excited to set a new bar for what speed means in the industry."

According to research
from Google
, slow websites are the number one problem on mobile
devices, and this lack of speed translates to a lack of engagement and
revenue. For many retailers, the average response time for a typical
search is over two seconds on a laptop with a high-bandwidth connection.
These search times degrade dramatically as you start searching on a
mobile device via cellular connection. By compressing and pushing the
data to the client with CarStory MicroDB, sites can experience the full
interactivity without the latency of server calls, no matter the device
or connection method.

"This is a really exciting evolution of search technology, empowering
browsers with the capabilities of the datacenter," said Benedict Smith,
Chief Architect, Vast. "This redefines 'instant' in a way that has to be
experienced to appreciate. It's the culmination of years of work,
utilizing browser technologies only now reaching maturity, and is very
much the future of web technology."

CarStory MicroDB offers a drastic increase in speed by compressing
vehicle listings, putting more than 250,000 cars in a user's pocket, and
eliminating the need to contact a server for each search request.
Available for individual licensing to enterprise partners including
marketplaces and dealer website providers, CarStory MicroDB can be
experienced in beta at beta.carstory.com.

About CarStory

Powered by the industry's largest database of inventory and shopper
insights, CarStory uses artificial intelligence (AI) and machine
learning to help both consumers and dealers make confident decisions.
With a network of over 10,000 dealers nationwide, and touching over 15
million consumers a month, CarStory is the leading automotive analytics
platform in the industry. To learn more or sign up, visit: carstory.ai.

About Vast

Vast is the leader in Automotive Vertical AI for automotive industry,
applying domain knowledge, expertise and content to service
customer-acquisition, vehicle sales and data analysis. Vast's auto
platform, CarStory, supports a number of products including CarStory
Market Reports and CarStory.com. Founded in 2005, Vast is the premier
provider of automotive big data solutions for the largest brands in
automotive. Learn more at vast.com.

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