driversshield.com's President Acquiring Stock as Company Reports Profitability for 4th Straight Quarter

    PLAINVIEW, N.Y., March 13 driversshield.com. Chief Executive officer Barry Siegel
announced today that Gerry Zutler, President and Chief Operating Officer, will
substantially increase his ownership of the Company's stock, beginning
immediately.
    Siegel also reported that preliminary, unaudited fourth quarter 2000
results indicate approximate sales of $4 million and earnings of approximately
$50,000, marking four straight quarters of increased sales and profitability,
as compared to 1999.  He said the Company further anticipates that sales for
the full year 2000 will be approximately $14,500,000 and net profits of
approximately $250,000.  He also noted that the Company has $1.8 million in
cash and investments, no debt and positive cash flows.  He cautioned that
these results are unaudited, as the auditors have not yet completed their
examination.  The Company expects the final results to be completed by March
31st.
    "I believe the steep fall in value for those businesses listed on Nasdaq
will cause investors to focus attention on companies that demonstrate solid
fundamentals," explained Zutler.  "Since there has been a significant
turnaround for driversshield.com from 1999 losses of nearly $1 million to an
expected profit of $250,000, in only twelve months, we are drawing some of
that investor attention.
    "What is even more remarkable is the fact the Company's turnaround
occurred while making substantial investments developing its newest business
unit, driversshield.com CRM (customer relationship management) for the
insurance industry.  CRM will serve the $30 billion collision repair and
$12 billion claims marketplace.  This new Web-based, e-business platform
empowers the management of insurance companies by enabling them to strengthen
customer relationships and streamline their internal claims process,
significantly reducing operating expenses without any changes to their legacy
systems," Zutler said.
    "driversshield.com is severely undervalued at current stock prices," he
added, "so this would appear to be an opportune time to increase my equity as
much as possible.  The filing of my form 4 will demonstrate to our
shareholders my confidence in our success.  Our fundamentals are strong and
two well-known auto insurers have recently installed the CRM program and are
expected to begin processing claims through the new Web-based system beginning
April 1st.  Several other insurers have indicated their interest in signing on
as well and we expect to have those agreements in hand, very shortly."
    Siegel noted that the Company was featured last week in a segment on
CNNFN.  Well-known insurance industry analyst Ray Dirks extolled the virtues
and potential of driversshield.com and issued a buy recommendation.  "We are
starting to get a lot of interest in our Company now," Siegel said.  "We have
appeared in Technology Decisions Magazine and have received calls from other
press resources that want to do interviews and articles on the Company.  As we
roll out our new Web-based services beginning April 1st, I am sure that we
will receive additional interest and coverage on the all the terrific things
we are doing," he added.

    Since its founding in 1983, driversshield.com has built a national
reputation for efficient, cost-saving management of collision claims for
self-insured corporate and municipal vehicle fleets through its subsidiary,
driversshield.com FS (Fleet Services).  Clients include IBM, Hershey Foods,
Coca-Cola, Time Warner, Media One, Cablevision and a host of other prestigious
national and international companies.  Through its affinity auto club
programs, the Company has established relationships with Providian Financial,
Assurant Group (part of the Fortis group), Aon, Protective Life and other
prestigious credit card, financial organizations and Web sites.  The Company
decided early in 1999 to exploit its long established auto claims experience
and proprietary systems and has built a unique e-commerce program for
insurance companies called driversshield.com CRM (customer relationship
management).

    This announcement contains "forward looking statements."  Words
"anticipate," "believe," "estimate," "expect" and other similar expressions as
they relate to the Company and its management are intended to identify such
forward looking statements.  Although the Company and its management believe
that the statements contained in this announcement are reasonable, it can give
no assurances that such statements will prove correct.  Factors that could
affect the occurrence of events or results discussed herein are included with
those mentioned in the Company's filings with the Securities and Exchange
Commission.