Autodaq Corporation Names Dave Reduzzi Vice President - Dealer Sales

    MENLO PARK, Calif.--Jan. 25, 2001--Autodaq Corporation (www.autodaq.com), a leading business-to-business e-commerce automotive and remarketing company, has named Dave Reduzzi vice president of dealer sales.
    Reduzzi, a 30-year veteran of the automotive industry, will serve on the company's executive committee and report to Adam Boyden, Autodaq president and chief executive officer.
    "Dave Reduzzi is a tremendous addition to the Autodaq team," said Boyden. "His track record and experience in all facets of automotive sales, leasing, marketing and operations, as well as in running and building successful businesses and organizations, is exceptional. He will be a tremendous asset to Autodaq in building our national dealer sales organization and in helping to hone and shape our operations and other business efforts. We are very excited to have Dave aboard."
    "Autodaq has great people, superior technology and a solid business plan," Reduzzi said. "More importantly, they have a real desire to bring a new level of service to the automotive remarketing industry. I'm excited to be part of the team."
    Before joining Autodaq, Reduzzi served as president and general manager of the JM&A Group, where he had total operating responsibility for a group of insurance and dealer consulting services companies that provided a full range of products and services to retail automobile dealers nationwide.
    Previously, Reduzzi served as vice president, Avis Leasing Corporation, which was the middle-market fleet leasing division of PHH FleetAmerica. During his career Reduzzi also served as president & CEO of Security Pacific Auto Finance; as vice president of operations for Citicorp Acceptance Company; and in several staff positions at Ford Motor Credit Corporation.
    Reduzzi earned a Master of Business Administration degree from the University of Michigan and a Bachelor of Science degree from Pennsylvania State University.

    Autodaq Corporation (www.autodaq.com) is an automotive remarketing company that provides the infrastructure and technology to facilitate the business-to-business trade of used cars on the Internet and professional remarketing services that include remarketing management, lease maturity management and sales and leadership training. Autodaq services significantly reduce costs, increase profitability and improve operational efficiency for financial institutions, auto manufacturers and other fleet, lease and rental car operators, as well as franchised, independent and Internet-based auto dealers and wholesalers. Based in Menlo Park, Calif., Autodaq is a privately held company; its investors include August Capital, Madison Dearborn Partners, Zilkha Ventures, Clayton Venture Group, and several angel investors from the Internet and automotive industries.

    SOURCE: Autodaq Corporation