InvoiceDealers Profitable for Third Consecutive Quarter

    PALO ALTO, Calif.--May 7, 2001--InvoiceDealers, a pioneer in automotive Internet marketing, posted Q1 2001 as its third consecutive quarter of positive earnings.
    The company's announcement is unusual among dot-coms. "Two years ago, success meant raising money," said InvoiceDealers CEO Jon Christensen. "Now it means making money."
    Christensen expects the automotive Internet sector to become stronger through consolidation. "There's no chance whatsoever of this industry going away. Ask any dealer who knows how to use our products: they work. The only thing left to determine is who the dominant players will be."
    "The automotive e-commerce sector is dramatically oversold today. Two years from now there will be a couple of big winners."

    About InvoiceDealers and Dealix Corporation:

    Dealix Corporation is a data services provider focused on the automotive industry. Its principal unit, InvoiceDealers, provides the Gold Standard(tm) buyer referral product to automotive retailers, dealer groups, retail networks, and auto manufacturers nationwide. Founded in 1998, the company is privately held.