LiveListings Drives Record Volumes for Aftermarket Online Parts Marketplace After Successful Launch; Online Exchange Attracts Over 400 Wholesale Participants In First Month

    SEATTLE--March 13, 2001--LiveListings.com, Inc., the world's largest online exchange for truck, automotive and industrial parts, announced today that the company has registered its 400th online customer just one month after the initial launch.
    Leveraging its existing customer base and extensive experience launching fax and web based exchanges for businesses in the automotive aftermarket, LiveListings is quickly building a highly liquid, successful site for its members.
    "We understand creating a dynamic exchange can be a long term process," said Don Etsekson, LiveListings' founder and CEO, whose family has been in the automotive aftermarket industry for three generations, "so we are pleased by the strong customer response and with the quality of our initial listings. The company is working hard to build a critical mass of customers, listings and transactions as quickly as possible. So far, we've exceeded initial projections, as we find that pent up demand within our client base combined with accelerated adoption of the Internet have combined to drive customer interest in our service."
    LiveListings' members have already generated over 4000 inventory listings across a range of automotive aftermarket products. Representing approximately $8 million worth of inventory and 30,000 individual items, listings are being posted by a cross-section of aftermarket companies including distributors, manufacturers, rebuilders, dealers, core suppliers, and more.
    With the Introduction of new features such as Moveable Walls(TM), which allow members to determine who views their listings and AutoMatch, which actively seeks out appropriate matches to help facilitate transactions, LiveListings has been designed to facilitate trading between businesses in the truck and automotive aftermarket. With the upcoming launch of an exclusive marketing agreement with the Production Engine Rebuilders Association (PERA), an association of over 250 companies focused on a key segment of the LiveListings exchange, LiveListings is positioned to capture significant market share across this vertical marketplace.

    About LiveListings.com:

    LiveListings.com is the premier Internet-enabled marketplace for truck, automotive and industrial aftermarket parts. LiveListings.com enables its customers to securely browse, buy and sell their products in an exchange environment. Through the largest database of its kind, LiveListings.com's digital exchange connects customers and buyers to competitive pricing and high-quality products. LiveListings.com currently offers 9 fax and Internet based locator services with more than 1,300 member companies posting over $350 million in aftermarket parts last year and is the operator of both the Actifax and Multifax aftermarket parts exchange services.

    Headquartered in Seattle, LiveListings.com, Inc., is located at 600 South Dakota Street, Seattle, WA 98108 and can be reached by phone at 206/343-5407. More information is available at www.livelistings.com.