Planet Salvage Launches Plug.N.Play Used Auto Parts Exchange

14 November 2000

    LENEXA, Kan., Nov. 14 Planet Salvage Inc., the flagship
e-commerce marketplace for the auto salvage industry, launched its Plug.N.Play
technology, giving business partners immediate access to its used auto parts
exchange.  With Plug.N.Play, business partners can instantly integrate the
Planet Salvage exchange into their website(s), giving their users immediate
access to the world's largest recycled auto parts trading exchange.
    "Our matching technology is unique to the industry and provides real time
matching capability, bringing sellers with personalized profiles of their
inventory together with buyers who have specific and immediate part(s) needs.
Now with our Plug.N.Play technology we can share our exchange with a larger
audience of used auto parts buying businesses and enthusiasts," said Efi
Gershom, Founder and Chief Strategy Officer.
    Buyers specify the part(s) they are looking for and the price they want to
pay.  The Planet Salvage exchange instantly connects the part(s) requests to
sellers that match the criteria of the requested part(s).  The exchange is
connected to a network of more than one thousand auto salvage yards across the
country, thus providing part buyers with competitive quotes, quick response
time, quality control, reduced cost, and online tracking capability.
    "This is an exciting new revenue opportunity for our business partners,"
stated Scott Petersen, President and CEO.  "Plug.N.Play gives our business
partners a quick solution for their customers' used part(s) needs while
creating a new revenue source from their website."
    Plug.N.Play allows Planet Salvage to expand its partnerships with
insurance, collision repair, auto claim services, online automotive companies,
as well as other online parts locating services.  The company has continued to
experience significant growth in its seller and buyer network.  The increase
in buyer activity anticipated from this new functionality will secure Planet
Salvage's position as the true leader in the used auto parts space.