TurboCoverage Names Insurance Executive Phil Barry CEO

     Former Ford Executive Ron Goldsberry Appointed to Board of Directors
   Of Nation's First Web-Based Auto Insurance Platform for Auto Dealerships

    PALO ALTO, Calif., May 1 TurboCoverage, the nation's first
web-based auto insurance service exclusively for car buyers in auto
dealerships, announced today that insurance executive Phil Barry has been
named Chief Executive Officer and has been appointed to the company's Board of
Directors.
    At the same time, TurboCoverage appointed to the Board automobile
executive Ron Goldsberry, Chairman of the Board of OnStation, an e-commerce
company providing software for the automotive after market.  Goldsberry
currently serves on the board of Stanford University Business School, UNUM
Corporation, and Case Corporation.  During his 30-year business career,
Goldsberry worked for Ford Motor Company, Boston Consulting Group, Hewlett-
Packard, Gulf Oil Company and NASA Ames Research Center.  Recognized for his
work in the automotive industry, Goldsberry has been inducted into the
prestigious Automotive Hall of Fame and is a three-time Automotive News All-
Star.
    "As TurboCoverage broadly rolls out its auto insurance platform, it's
important to build a management team and board of directors to enable us to
successfully execute this critical new phase of the company's development,"
Barry said.  "Building on the success we've achieved in the past two years,
TurboCoverage is now poised to strengthen its position as first mover and
integrate the platform into thousands of dealerships across the country
through key strategic partnerships."
    In addition to Barry, TurboCoverage's management team includes Jim Grim,
Executive Vice President, Sales & Marketing; Chief Financial Officer Kevin
Laughlin; Chief Information Officer Michael Faster; and Terry Marasco, Vice
President Customer Care.
    "TurboCoverage will succeed because it has a well-conceived business model
that creates real value for consumers, dealers and insurance companies,"
Goldsberry said.  "With Phil's strategic vision, continued emphasis on
strategic partnerships, and limited capital requirements to roll out the
platform, TurboCoverage has an opportunity to be a clear winner."
    Barry has 30 years of executive management experience at leading insurance
companies, including Marsh & McClennan, the world's largest insurance broker,
Minet, Compro Insurance Services, BFB&K Insurance Services and California
Casualty Management Company.  He has also worked with several Internet start-
ups as an executive and as a member of the board of directors.  Most recently,
he was President and CEO of Etransafe, an e-commerce provider of vertical
business solutions to insurance company clients. Prior to that, he was Chief
Operating Officer of Matchmaker.com, the leading dating/relationship portal on
the web.
    Goldsberry's business experience includes a successful career at Ford
Motor Company, where he worked for 13 years in positions of increasing
responsibility.  Most recently, he was Vice President, Global Service Business
Strategy.  In that role, he developed and led the company's after market and
service business strategies worldwide.  Goldsberry has an MBA from Stanford
University and a doctorate in inorganic chemistry from Michigan State
University.

    About TurboCoverage
    TurboCoverage is the nation's first web-based auto insurance service for
dealerships that enables car-buyers to instantly purchase coverage at the time
of the vehicle sale.  TurboCoverage shortens the insurance transaction to
about 10 minutes, increases customer satisfaction, and eliminates reliance on
off-site agents serving multiple dealerships.  TurboCoverage workstations are
installed in numerous locations and offer a choice of coverage from leading
insurers.  TurboCoverage is based in Silicon Valley, and its investors include
executives from the auto dealership and insurance industries.  For more
information about TurboCoverage, call 888-263-3637 or visit
http://www.turbocoverage.com.

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