JACKSONVILLE, Fla., May 13, 2013 /PRNewswire/ -- BookItOut, Inc., a leading software developer and information technology provider for the automotive industry, today announced that Sameer Kailasa of American Heritage School in Plantation, Florida is the recipient of BookItOut's corporate-sponsored National Merit Scholarship for 2013. The National Merit Scholarship corporate awards are given annually to approximately 1,000 distinguished high school seniors across the country. Mr. Kailasa plans to study mathematics at one of the nation's premier technology institutions.
The National Merit BookItOut Scholarship awards its winner a generous 4-Year scholarship. The scholarship extends to young adults across America with a variety of career aspirations and college majors. 100% of proceeds from Premium Listings on BOOKITOUT.com (an automotive classifieds website) fund the scholarship, and BookItOut also donates a portion of its annual earnings to the scholarship and other charitable causes.
"Innovation is a core principle at BookItOut. We are pleased to be a sponsor of the National Merit Scholarship program and to recognize some of America's finest youth as they become leaders of tomorrow," said Jonathan Hedy, Executive Vice President of BookItOut, Inc. "By supporting higher education and outstanding achievement among today's young scholars, BookItOut helps to ensure America's tomorrow, and the future of the world, rests in good hands. We appreciate the National Merit Scholarship Corporation helping us recognize and inspire young minds like Sameer's, while also creating lasting relationships that extend beyond college and into their professional lives."
Approximately 200 corporations and business organizations finance the corporate-sponsored National Merit Scholarship awards. Corporate sponsors provide National Merit Scholarships for Finalists who are children of their employees, who are residents of the communities the company serves, or who plan to pursue college majors or careers the sponsor wishes to encourage. National Merit Scholars are selected during a very competitive selection process from about 1.5 million students who participated in the Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT). Semifinalists were then evaluated based on their written essays, extracurricular activities, leadership positions, and community involvement. Winners are judged to have the strongest combination of academic skills and achievement, extracurricular accomplishments, and potential for success in rigorous college studies.
About BookItOut, Inc:
BookItOut is a privately held company with over 10,000 customers (dealerships, finance companies, insurance carriers) across North America. BookItOut offers automotive professionals business intelligence, lead generation, and actual-cost used car values from a proprietary database. BookItOut does not charge private parties to list vehicles for sale, and guarantees a cash offer within 24 hours. Individuals may also browse listings and attain financing on BOOKITOUT.com. Launched by a 23-year-old entrepreneur, BOOKITOUT.com received an award for Boldest Company of 2011, currently serves the largest Automotive Groups in North America, and leverages cloud computing as it redefines car shopping and the auto industry.
For more information or to schedule an interview contact Jillian Thompson at 888.246.9996 or via email.
BookItOut and Car Shopping Simplified are service marks of BookItOut, Inc. Any and all other company and product names may be trademarks of the respective companies with which they are associated. When reporting about our company, please use 'BookItOut.com' and 'BookItOut.com: Car Shopping Simplified.'
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SOURCE BookItOut, Inc.