Standard & Poor's Approves Auteo Media, Inc. for Listing in Market Access Program
SEATTLE--Feb. 14, 2001--Standard & Poor's announced today that its Editorial Board has approved Auteo Media Inc. (OTCBB:AUTM) for inclusion in the premier Market Access Program.
A full description will be published in the Daily News Section of Standard Corporation Records. As part of the program, Standard & Poor's will also initiate financial coverage of Auteo Media on the Standard & Poor's Internet Site www.advisorinsight.com, as well as S&P MarketScope and the S&P Stock Guide database.
"We are proud to be listed with Standard and Poor's and have worked hard to meet their guidelines in securing such a listing," reported Steve Van Leeuwen, President and CEO. The Standard Corporation Records, known for being the definitive source of financial information available in print, CD-ROM and on the Internet, is a recognized securities manual for secondary trading in approximately 35 states under the Blue Sky Laws.
Auteo Media has previously announced the appointment of Grant Thornton as their independent public accountants. Additionally, the Company has retained Michael J. Morrison as its securities law firm and Foster, Swift Collins and Smith, P.C. as its general business law firm.
"We have developed a top group of legal, accounting and securities entities to help Auteo Media prepare for sales expansion and acquisition of complimentary companies and technologies," stated Van Leeuwen.
About Auteo Media, Inc.:
Auteo Media, Inc., (OTCBB:AUTM) is a leading provider of online data and media solutions to buyers and sellers of autos and auto accessories. Auteo Media operates Autoloco and Bidthatcar.com, web sites that provide one-stop convenience for consumers and dealers to locate and buy new and used vehicles. Auteo Media also own PartCart, a web based OEM auto parts warehouse that allows customers visiting the site to purchase high quality auto parts at low-ball prices, and ContactAuto, a proprietary contact management system that is compatible with cellular phones and helps auto dealers maximize e-commerce customer interactions. Auteo Media works with more than 5000 auto dealerships, auto parts suppliers, and other commerce partners, and is becoming one of the leading technology companies serving the automotive industry. For more information visit www.auteo.com.
BY ORDER OF THE BOARD OF DIRECTORS
Steve Van Leeuwen, President
NASD has neither approved nor reviewed the information contained herein. Some statements in the report are forward looking and are subject to certain risks and uncertainties. These risks and uncertainties include, but are not limited to, economic conditions, changes in law or regulations, demand for products and services of the company and the effect of competition. These risks and uncertainties could significantly affect anticipated results in the future and actual results may differ materially from any forward-looking statements.