AutoTradeCenter Raises $1.3 Million

    SCOTTSDALE, Ariz.--July 26, 2001-- AutoTradeCenter (OTCBB: AUTCE) has entered into a financial arrangement with Eagle Capital Group, LLC ("Eagle"), a private company with headquarters in Phoenix that provides AutoTradeCenter with a line of credit up to $1.3 million that will be utilized by the company for working capital.
    "AutoTradeCenter's agreement with Eagle Capital is a tremendous step toward realizing our business plan objectives and achieving positive cash flow. This financing provides us with the opportunity to expand our Internet remarketing services while reducing operating costs," stated Roger L. Butterwick, president.
    "The synergy between the two companies is both dynamic and complimentary. Our arrangement provides ATC the necessary resources to focus on product development, new business and achieving profitability."
    "We are excited about the opportunity this investment represents," said Neil Elsey, of Eagle. "AutoTradeCenter has proven Internet remarketing solutions that will continue to be widely accepted. This company has the right ideas, and we think this is the right time."
    The loan, due June 30, 2002, is at 12 percent interest and may be converted into shares of Common Stock any time up to 90 days after the due date and contains a warrant allowing Eagle to purchase additional shares for a period of five years.
    In connection with the loan agreement, the company entered into a Facilities Use and Administrative Services Agreement with Eagle affording the company use of Eagle office facilities, as well as software development, marketing, accounting, and other management services as needed.
    Eagle will have two representatives on ATC's board of directors.
    Further details on the above agreements can be obtained from AutoTradeCenter's annual report on Form 10-K, for the period ended March 2001 once the report is filed with the Securities and Exchange Commission ("SEC").
    The filing will occur as soon as this financing transaction can be documented in the filing. The Form 10-K will be available for public review from ATC's Web site www.autotradecenter.com or www.freeedgar.com, under the symbol AUTCE.
    AutoTradeCenter (ATC) is the leading Internet-based "business-to-business" automotive re-marketing company.
    The company markets its services to automobile manufacturers, captive finance companies, lease and rental companies, and financial institutions across the United States. ATC powers the American Honda Finance Corp.'s Vehicle Inter-Dealer Purchase System "VIPS" and the American Suzuki Motor Corp.'s PROline, utilizing Internet technology and re-marketing services.
    ATC will be launching a similar re-marketing program for Volvo Finance North America Inc. September 2001. For more information on AutoTradeCenter.com Inc., please visit http://www.autotradecenter.com/ or contact Public Relations at lseegan@autotradecenter.com.

    Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995.
    The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby.
    Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.