Auto Centrix, Inc. Announces the Launch of Its On-Line Salvage Auction; Projects Revenues of $8.3 million for 2005

TAMPA, Fla.--Dec. 2, 20041, 2004--Auto Centrix, Inc. (ATCX.PK) announced today that the company has completed another phase of its business plan with the execution of a Worldwide License Agreement with Vortex Solution Inc of Montreal for their on-line salvage software. The software utilizes a proxy bid capability whereby bidders can set their maximum bid on a unit and the system will do the bidding for them up to that set amount. The software module also offers in-depth condition reporting as well as advanced search and reporting functionality.

We project the proxy bid software module will increase our revenues by $1.1 million. The Auto Centrix group of companies projects revenues of $ 8.3 million for 2005 up from approximately $3.1 million for the 2004 fiscal year to date.

"The proxy bid salvage auction system software will allow us to penetrate another sector of the automotive industry and will add significant revenues to our company " stated Auto Centrix, President and CEO David Highmore. "As well as offering our Salvage auction to our existing clients, we will now also have a software solution to offer potential new clients in the salvage sector of the automotive industry."

Auto Centrix, Inc., which operates a "bricks and mortar" automotive auction under the Dominion Auto Auctions name, focuses on various technological mediums which facilitate the purchase, sale and re-sale of vehicles, thereby lowering the costs, expanding the geography, and expediting the sale processes, while securing the integrity of the vehicle information. The products and services have been designed with the flexibility and scalability to interface with their clients existing systems. ACI currently holds the world-wide rights to a online real-time simulcast auction system currently being used across Canada For more information, Google autocentrix