Autobytel Inc. Reiterates EBITDA Breakeven Guidance for Fourth Quarter 2001

    IRVINE, Calif., Sept. 5 Autobytel Inc.
today announced that the company is reiterating its previously disclosed
guidance for EBITDA breakeven in the fourth quarter of 2001.
   
  "We are very pleased with the progress of the integration of Autoweb into
Autobytel Inc.  The combination has acted as a catalyst to accelerate the
change in our business model as we add marketing, data, management and
technology services to our market leading referral business," stated Mark
Lorimer, President and CEO of Autobytel Inc.  "As we move deeper into
providing auto dealers and manufacturers with these services, we continue to
operate our business to achieve both growth and profitability."
    
 Lorimer continued, "As we have said in the past, our path to profitability
was going to have many bumps in the road.  Not only are we a survivor, but we
also believe that the company is successfully navigating those bumps, which is
why we are reiterating EBITDA breakeven in the fourth quarter of 2001."

    
 About Autobytel Inc.
    Autobytel Inc. is one of the world's largest, most
diversified online automotive commerce and information companies.  As the
company that owns and operates Autobytel.com, Autoweb.com, Carsmart.com,
Autosite.com, and AIC (Automotive Information Center), Autobytel Inc.'s
mission is to provide marketing, data, technology and management services to
benefit every manufacturer and dealership.  The company powers manufacturer
and portal auto channels with data and tools to help customers buy cars;
provides advertising programs for manufacturers and dealers to target
customers; develops technology to drive one of the most advanced inventory-
based manufacturer's online car selling programs to date; and generates
billions of dollars in car sales for dealers through the company's popular
websites.
   
  Serving approximately 6,000 subscribing dealers and 25 international
automotive manufacturer customers, Autobytel Inc. websites are receiving
approximately three million unique visitors a month(1), and Autobytel Inc.
content and technology has potential exposure to over 90 percent of total web
traffic(2).  It is estimated that the vast majority of the 60 percent of all
Americans who go online to research and shop for a car will encounter
Autobytel Inc. content or technology, or an Autobytel Inc. brand, during the
process.
 

    (1) Media Metrix July 2001 Digital Media Audience Report (Autobytel Inc.
        websites include Autobytel.com, Autoweb.com, CarSmart.com,
        Autoweb.com/Lycos co-branded pages and Autosite.com.)

    (2) Media Metrix July 2001 Digital Media Audience Report (Autobytel Inc.
        provides content to Yahoo.com, AOL websites, MSN.com and Lycos.com.
        The unduplicated audience of these four sites accounts for over 90
        percent of total traffic.)