Fuelist Launches Pricing & Valuation Platform for Worldwide Classic & Collector Vehicle Market
03 April 2014 - 12:42AM
Marketwired
Fuelist Launches Pricing & Valuation Platform for Worldwide
Classic & Collector Vehicle Market
BERKELEY, CA--(Marketwired - Apr 2, 2014) - Fuelist, Inc., a 51%
owned subsidiary of The Chancellor Group (OTCBB: CHAG), announces
the launch of its pricing and valuation platform enabling consumers
and enterprises to find values and track valuations over time while
identifying investment and arbitrage opportunities in the collector
car and motorcycle markets at http://fuelist.com
The Fuelist platform includes data driven tools to help
consumers and enterprises to more accurately price classic
automobiles. Revenue is targeted in the form of licensing,
individual and corporate subscriptions; royalty payments and
advertising for prospective partners in the automotive, auction and
car insurance industries. Bitcoin enabled payment options are also
included for all transactions. The platform is cloud-based and will
also include mobile apps and an API (Application Programming
Interface) that will enable Fuelist to power large and small
partners.
Fuelist Co-Founder and MIT data scientist Dr. Thomas Rand-Nash
said:
"The Fuelist continuously aggregates detailed sales information
from across the globe, and leverages deep expertise to
intelligently organize and curate this information.
"The Fuelist is similar to Zillow.com, but for collector and
classic vehicles, in that our extensive proprietary database and
tools enable people to properly value vehicles based on verified
comparable sales data. From another perspective, anyone using
platforms like Ebay Motors or sitting in the audience at a
Sotheby's or Bonham's classic car auction should be using the
Fuelist. Our data-analysis and visualization tools enable them to
ask and answer questions about how much the collector and classic
vehicles they are looking at are worth. Not only can they see
what they are worth, but they can also identify the factors that
drive these valuations, and track market trends over time."
ABOUT FUELIST The Fuelist, a subsidiary of The Chancellor Group
(OTCBB: CHAG) http://www.chancellorgroupinc.com, is a mobile
and web platform that leverages deep segment expertise and big data
analysis tools to value classic vehicles. These tools enable
consumers and enterprises to quickly find values, visualize and
track valuations over time while identifying investment and
arbitrage opportunities in this market. The Fuelist is based in
Berkeley, California. For more information about The Fuelist,
please visit: http://www.fuelist.com
Safe Harbor Statement: This Media release contains
statements that may constitute "forward-looking statements" within
the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act of 1995. Those statements include statements
regarding the intent, belief or current expectations of Chancellor
Group, Inc., and members of its management as well as the
assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. Important
factors currently known to management that could cause actual
results to differ materially from those in forward-statements
include fluctuation of operating results, the ability to compete
successfully and the ability to complete before-mentioned
transactions. The company undertakes no obligation to update or
revise forward-looking statements to reflect changed assumptions,
the occurrence of unanticipated events or changes to future
operating results.
Contact: Logan Murray contact@thefuelist.com 1.831.915.9859
http://fuelist.com
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