icarz, Inc. Announces Appointment of Vice President of Sales Major Accounts

    NEWTON, N.J.--Aug. 24, 2001--icarz, Inc., today announced the appointment of Mr. Kent Geary as Vice President of Sales, National Accounts.
    Mr. Geary joins icarz from Chubb Computer Services, where he was Professional Services Director. Prior to working for Chubb Mr. Geary worked for over 15 years in the automotive aftermarket systems business, most recently at Loadstar Systems. Mr. Geary has overseen the sale and implementation of systems in over 5,000 parts stores.
    In late 2000, icarz introduced PartsWatch, the most advanced business management system available in the $100 billion automotive aftermarket. PartsWatch is delivered by icarz as an ASP (Application Service Provider) over the Internet, or on a virtual private network. Jesse Hermann, founder and CEO of icarz, commented, "Our PartsWatch product continues to be extremely well received in the marketplace. The rapid maturity of the product allows us to embark on delivery of the PartsWatch product to the larger program groups, warehouse distributors and chains. We recognize the need for a very strong senior management team to support this growth. Kent's vast experience in system sales to the automotive aftermarket will allow icarz to rapidly gain entrance into this important segment of the marketplace. We are thrilled to have him aboard."
    icarz, inc., a leading technology supplier to the automotive aftermarket, formed through the merger of icarz with Telecomp Computer Systems, a 25 year old company in the automotive aftermarket systems business with 750 store implementations, and Tristar Systems, a web development and hosting company for the automotive aftermarket. The company continues to support and deliver its AutoEase legacy system in addition to its new PartsWatch product. The company has received financial funding from Midmark Capital, Colt Capital and J.H. Whitney to develop, deliver and support business management software, Internet solutions and information services for the automotive aftermarket. The icarz web portal, providing automotive aftermarket specific news, information and Internet links as well as general Internet portal services, can be found at www.icarz.com.