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InterSwitch Integration

July 25th, 2008

We are working aggressively to finalize the integration of InterSwitch WebPay - a secure online payment gateway that serves the Nigerian market. We expect to complete the integration by mid-August. We believe this will help our Nigerian dedicated sellers to pay for their Premium listings, and take advantage of all the added features that come with that. Many users all around the world, including Nigeria, are using their major credit/debit cards that are acceptable on our website to make payments. We have partnered with PayPal to ensure optimum security with financial transactions. See what cards are acceptable: http://www.caradore.com/sell-your-car.html

CarAdore will continue to explore other secure options to support online payment for the indiginous countries that we serve.

For those sellers who are waiting for the InterSwitch integration or do not have an acceptable credit card, you are most welcomed to continue using our Free listing option. Also, be on the look out for promotions - like the one we have going on today, that allows you to use our Premuim listing option for free.

Thank you for using CarAdore.com!

Sincerely,

CarAdore Management

Hi, it’s Kenechi Nnamani again, hope your day is as splendid as it is here in Chicago. We, at www.CarAdore.com are very excited about the continuous growth of the internet in the countries that we serve and all of those we hope to establish our mark in.

Did you know the number of internet users in Africa? - try 33.6 million users. This market size grew by over 643% from 2000 through 2006. We recognize that this number is based on available IP addresses that are linked back to Africa, and therefore, cannot quantify the number of unique internet users since many users in Africa do not own their own computers. At the time of this research, statistics showed that in certain countries such as Ghana, Nigeria and South Africa, there were more than 10 users to a computer with a unique internet IP address. Therefore, a fair estimate of the unique internet users in Africa ought to be around 336 million.

According to this statistics of internet users, Nigeria has seen a 2,400% growth between years 2000 and 2006. This growth is expected to double by 2010. These studies have shown that CarAdore.com’s specific focus on the African market presents a unique opportunity to cater and swiftly respond to the growing ecommerce needs in African automobile industry.

The question is - what are your thoughts about the internet growth in some of these African countries, and do you think that the users are ready for online-based products and services?

Hi, it’s Kenechi again. Have you signed on to www.CarAdore.com – the leading free online site for buying and selling cars and trucks in Africa? Today, I am en route to Lagos, Nigeria, were I hope to attend a big promotional event that my local marketing team is organizing (a little bird told me that there will be a surprise performance by a big artist…shhhhhh…I’m not supposed to know the details). In a week, I will be on my way to Ghana…I wonder what they have in store? *wink*wink*

While on board the plane, I sat next to a local journalist who was intrigued by the innovative branding and marketing strategy for www.CarAdore.com. He was excited about how small the global community is becoming where entrepreneurs, such as moi, can implement a service from across the Atlantic for a market that is in Africa. It is good to know that the continent is getting a glimpse of recognition in the global community where investors and businesses are launching products and services to empower the continent’s presence on the internet. www.CarAdore.com is only sand in the beach; nonetheless we will continue to show homage to the motherland by investing our intellectual and financial resources to make a difference in the lives of the people.

Thank you.

Hi. I’m Kenechi Nnamani, founder and CEO of www.CarAdore.com - the leading free online site for buying and selling cars in Africa. Seven months ago, the CarAdore concept was conceived when I was working on my final MBA class project. At this point, I had written several business plans that I hoped to develop into a lucrative venture. But after several years of dabbling into car export to Nigeria, I was determined to redefine the way car trading was done in Africa Read more »