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APCO Announces Agreement With AutoMall Online, Inc.

25 January 1999

Automobile Protection Corporation - APCO - Announces Agreement With AutoMall Online, Inc.
    ATLANTA, Jan. 22 -- Automobile Protection Corporation
announced today that it has entered into a five year agreement
with AutoMall Online, Inc. to provide a full range of products and services to
be offered by AutoMall Online through its retail locations and internet
    AutoMall Online is a new retail concept, which enables customers to shop
at their local mall for virtually all vehicle makes and models.  Within a few
weeks, AutoMall Online's website will also enable customers to shop from the
convenience of their home or office.
    AutoMall Online opened its first mall location on January 20 at
Springfield Mall in Springfield, Virginia.  AutoMall Online already has
contracts with 27 dealers located in the Washington D.C. area to offer their
vehicles through AutoMall Online.  Some of the participating dealers are
stores owned by the Koons, Pohanka and Rosenthal organizations.  The second of
six planned locations in the Washington D.C. area is scheduled to open on
March 1 at the FairOaks Mall in Fairfax, Virginia.
    Gene Hickman, President of AutoMall Online, said: "The initial positive
response to our new retail shopping mall concept has been beyond our greatest
expectations.  Our patent-pending business model offers a state-of-the-art no
hassle auto buying experience which captures the most profitable automobile
dealership department -- finance and insurance."
    Under a five year exclusive agreement, AutoMall Online will market
EasyCare vehicle service contracts, EasyCare car care products by Simoniz and
Service Advisor Plus maintenance reminder software.
    Michael Field, Chairman of AutoMall Online, who is also a participating
dealer, said, "We studied eight different service contract providers and
concluded that APCO's product line is far superior to all of the others with
regards to value for our retail customer.  Additionally, and very importantly,
APCO's impressive response time and excellent claims administration made us
decide APCO is the right partner for our retail customers and participating
    Larry Dorfman, President/CEO of APCO said: "AutoMall Online's commitment
to customer satisfaction is evident through the tremendous amount of strategic
planning they have invested in their operations and employee training
programs.  We are very excited to be involved with this ground floor
opportunity, which includes some of the nation's most prestigious dealers.
APCO is positioning itself as a full service provider of dealer solutions,
which include tools to increase volume and profitability in sales and finance
and insurance products.  APCO is also highly focused on service retention and
profitability, with products such as Service Advisor Plus software and our
relationship with Manheim Auctions and  AutoMall Online
provides us with a unique opportunity to present all of our products under one
    APCO, established in 1984, is a leading marketer and administrator of
products and services to automobile and recreational vehicle dealers.  The
Company's core business is the marketing and administration of EasyCare(R)
vehicle service contracts.  The Company also administers warranty and service
contract products under private labels.
    "Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995:  To the extent that this news release discusses financial
projections, information or expectations about our products or markets, or
otherwise makes statements about the future, our statements are forward
looking and are subject to a number of risks and uncertainties that could
cause actual results to differ materially from the statements made.  The
specific risk factors are described in the Company's Form 10-K that has been
filed with the Securities & Exchange Commission in connection with its 1997