CarWoo! Wins Bronze in Best in Biz Awards 2011

BURLINGAME, Calif., Nov. 17, 2011 /PRNewswire/ --CarWoo! has been named the Bronze winner in Most Innovative Company of the Year, 2011 in Best in Biz Awards, the only national business awards program judged by members of the press and industry analysts.

CarWoo! is an online MarketPlace where car buyers can anonymously connect with multiple dealers who vie for the buyer's business.  Buyers get great market prices, remain anonymous, save a ton of time, and complete a deal online without stressful negotiations with car dealers.  Dealers gain access to car buyers who close deals within 3.5 days 80% of the time.

Best in Biz Awards 2011 were presented in more than 30 categories, including Best Overall Company of the Year, Most Innovative Company of the Year, Executive of the Year and Best New Product of the Year. More than 150 entries were received in this year's awards program, from an impressive array of public and private companies from a variety of industries, sectors and regions. The companies that won gold, silver and bronze awards in this year's program represent the best in American business.

"Being named a winner of the Most Innovative Company of the Year for 2011 is a great honor," says Tommy McClung, CEO of CarWoo!.  "CarWoo! is all about innovation and having our product recognized by the outstanding group of judges serves to validate our efforts.  We are excited about the ways in which we are changing the automotive industry."

Winners of Best in Biz Awards 2011 were determined by scores from a panel of high-caliber judges from top-tier business and technology publications, as well as analyst firms, including: Accounting Today, AllBusiness.com, ECT News Network, eWeek Channel Insider, Financial Times, Fox News, Hartford Business Journal, Insight Media, Kelsey Group, King Features Syndicate, Lab Reviews, Network World, PC Magazine, Portfolio, Puget Sound Business Journal, Tech.Blorge, Tech-Gaming, Techtalk and Wired. The 20 judges on this year's panel boast more than 470 years of combined experience and have written for a combined total of more than 180 consumer, business, financial, trade and technology publications nationwide.

For a full list of gold, silver and bronze winners in Best in Biz Awards 2011, visit: http://www.bestinbizawards.com/2011-winners.

About CarWoo!
CarWoo!, as seen on The Today Show, CNN Money and other leading national media outlets, is the only true online marketplace for car buyers and sellers.  In the CarWoo! MarketPlace buyers remain anonymous, get great market prices, save a ton of time and dealers are ensured buyers who purchase within 3.5 days 80% of the time.  It was founded in 2008 by serial entrepreneurs, Tommy McClung, Erik Landerholm and Michael Young. With early funding by Y Combinator, CarWoo! is based in Burlingame, CA and is now funded by Blumberg Capital, Comcast Interactive Capital and Interwest Partners. Find us on Facebook at http://www.facebook.com/carwoo and on Twitter at twitter.com/carwoo.

About Best in Biz Awards
Best in Biz Awards recognizes top companies, teams, executives and products for their business success as judged by established members of the press and industry analysts. Best in Biz Awards honors are conferred in two programs covering the U.S. and EMEA (Europe, Middle East and Africa), respectively. Any organization from any industry in the awards program's region boasting demonstrated success can enter any of the more than 40 company, department or team, executive and product categories. Entries for Best in Biz Awards 2012 EMEA are currently being accepted from all companies based in or operating in Europe, Middle East or Africa, with an early entry deadline of Nov 30, 2011. For more information about the submission process and categories in both the U.S. and EMEA programs, please visit: http://www.bestinbizawards.com.

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SOURCE CarWoo!