Dominion Lending Centres Clearlease Reports Microsoft (NasdaqGS: MSFT) and Toyota (NYSE: TM) invest $12M to put Web services in cars, starting with 2012 hybrids

Dominion Lending Centres Clearlease, Microsoft, (NasdaqGS: MSFT) and Toyota (NYSE: TM), invest, Web services in cars, 2012, hybrids, Toyota Motors, Toyota Cars, Toyota Trucks, MSFT, Stock MSFT

SAN FRANCISCO (April 7, 2011) Reports Microsoft Corp. and Toyota Motor Corp. said Wednesday that they are partnering to integrate Web services with Toyota’s vehicles.

The companies are investing $12 million in Toyota Media Service Co., which is a digital information services subsidiary of Toyota. Together, Microsoft and Toyota will develop and roll out “telematics” applications for cars, which could provide features like GPS, power-management and multimedia services.

The services will use Microsoft’s Windows Azure, a system for building and using software over the Internet.

Toyota’s 2012 hybrid vehicles will be the first to get the services, and by 2015 it expects to offer them to customers worldwide.

“This new partnership between Microsoft and Toyota is an important step in developing greater future mobility and energy management for consumers around the world,” said Akio Toyoda, president of TMC.

Microsoft has been involved in the auto market for several years — it designed Ford’s Sync entertainment system, which was rolled out in 2007 and lets drivers do things such as make phone calls, listen to incoming text messages and use GPS to get turn-by-turn directions.

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About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/ is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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Dominion Lending Centres Clearlease
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