NETWORKCAR WINS TELEMATICS CONTRACT WITH TOYOTA MOTOR SALES

April 24, 2002

(SAN DIEGO, CA) – Networkcar, Inc. announced that it has been awarded a contract with Toyota Motor Sales, U.S.A., Inc. to deploy its CAReadersTM on electric vehicles (EVs) and hybrid vehicles participating in an innovative car sharing program in Irvine, California. Networkcar will equip RAV4 EVs and hybrid Prius vehicles with CAReaders to wirelessly monitor their performance (e.g. battery charge level, mileage) location and other real-time operating parameters. The car sharing program, ZEV•NET (Zero Emission Vehicle • Network Enabled Transport) allows qualified commuters to reserve an EV at the Irvine or Riverside Metrolink train station to commute to a worksite, business meeting or other location. The data Networkcar provides will help ZEV•NET manage the program. For instance, ZEV•NET will be able to check the charge level of a car to make sure the car’s battery is adequately charged for each new driver. Toyota potentially plans to add an additional 100 vehicles over the next year to the EVs and hybrid vehicles currently being used by the ZEV•NET program. Toyota’s aggressive pursuit of the EV market is being driven by a mandate that requires that 10 percent of all new vehicles sold in California meet low emissions standards, with two percent qualified as zero emission vehicles by 2003. Electric vehicles offer a zero emission solution to air pollution, reduce urban noise pollution, and reduce traffic and parking congestion.

“The Networkcar CAReader device will give Toyota the opportunity to experiment with remote retrieval of in-vehicle data,” said Jim Pisz, national manager partnerships/alliances for Toyota Motor Sales, U.S.A., Inc. Networkcar’s CAReader is a commercially available aftermarket telematics device that sends information on a vehicle’s vital signs and satellite-based location over a wireless network to car owners, fleet managers and service providers. About the size of a cellular telephone, the CAReader is compatible with about 100 million vehicles on the road today. It is quickly installed using a standard communications port on most 1996 and newer cars and light and medium duty trucks, and operates maintenance-free for the life of the vehicle. The CAReader collects detailed diagnostic information on a vehicle’s emissions system, electrical system, engine performance, and fuel system. “We are looking forward to working with Toyota on this innovative project. The Networkcar system has the ability to provide data for both mainstream fossil fuel vehicles and the electric and hybrid vehicles being used for the ZEV•NET program,” said Charles Myers, Networkcar chief executive officer. Networkcar, Inc. is the leading provider of around-the-clock services for monitoring the performance, location, and security of consumer and fleet vehicles. Advanced performance monitoring technology and satellite-location systems allow Networkcar to provide the most advanced solution for car maintenance and operation on the market today. The Networkcar Service includes real-time car performance updates, Smart Roadside Assistance, stolen vehicle recovery services and Car Guardian, a feature that allows a car owner to find their car by accessing a secure web page. With the Networkcar Service, car owners increase safety and security, save time and reduce costs with advanced preventive maintenance and early problem detection. Reynolds and Reynolds, a leading provider of integrated information management solutions to the automotive retailing marketplace, is an equity partner and distributor of Networkcar’s product. More information on Networkcar can be found at www.networkcar.com.