Pinnacle Announces Preliminary Sales Figures for All Pro

    CLEARWATER, Fla. & PITTSBURGH--March 16, 2001-- Pinnacle Business Management (Pink Sheets:PCBM) has announced the preliminary February sales figures for the companies that it recently acquired from Lo Castro and Associates.
    According to preliminary and unaudited figures, during the month of February 2001, the All Pro Auto Mall, All Pro Daewoo and All Pro Communications (including wireless and business systems) stores saw substantial sales increase in terms of unit volume over the same period last year. Total sales for all divisions that were previously part of Lo Castro and Associates (including All Pro Auto Mall, All Pro Daewoo and All Pro Communications) for the month of February were $1.03 million, resulting in pre-tax profits of approximately $71,000.
    "Our staff did a lot of hard work to make sales happen last month," said Vincent Lo Castro, COO of PCBM and president of its All Pro operations. "The entire mid-Atlantic region was blanketed in snow, and our folks still managed to make a lot of sales."
    Lo Castro also noted that PCBM continues its previously announced expansions. In Butler, Pa., north of Pittsburgh, All Pro is currently making site improvements to a location that is currently planned for opening in early May.