The first internet-project of Mediamax launched in November 2003 was the Automarket.am later renamed to Auto.am. In spring 2008 the development of web projects was declared as the priority direction for Mediamax. In May 2009 Mediamax Internet Holding was created for optimizing the business processes and commercial development of the existing projects. The basic advantages of Mediamax Internet Holding are the use of own unique content, constant study of the advanced world practice and its adaptation to the Armenian market, unified marketing and sales functions. Mediamax Internet Holding consists of: • Auto.am (Automotive Armenia); • Banks.am (Financial Armenia); • Job.Banks.am (HR-resource for managers); • Capitalmarket.am (Securities Market of Armenia); • Itel.am (Advanced Armenia); • Bravo.am.