Autobytel Inc. to Present At Goldman Sachs Third Annual New Media & E-Commerce Conference

    IRVINE, Calif.--May 16, 2002--Autobytel Inc. , a leading Internet automotive marketing services company, today announced that Jeffrey Schwartz, president and CEO will be speaking at the Goldman Sachs Third Annual New Media & E-Commerce Conference in Las Vegas on May 22, 2002 at 3:50 p.m. PDT/6:50 p.m. EDT.
    The audio replay will be available within 24 hours of the presentation and will be accessible until July 22, 2002.
    To access the presentation use the following information (login information is case sensitive):

    https://www.gs.com/ir/conf
    Username: conference/confm
    Password: ecommerce

    About Autobytel Inc.

    Autobytel, the world's largest Internet automotive marketing services company, helps retailers sell cars and manufacturers build brands through marketing and CRM (customer relationship management) programs. Autobytel owns and operates the popular Web sites Autobytel.com, Autoweb.com, Carsmart.com and AutoSite.com, as well as AIC (Automotive Information Center), a leading provider of automotive marketing data and technology.
    Autobytel generated an estimated four percent of all domestic new vehicle sales -- $17 billion in car sales in 2001 -- for dealers through its Web sites. With approximately 8,900 dealer relationships and 30 international automotive manufacturer customers, Autobytel is the largest syndicated car-buying content network, reaching millions of unique visitors as they are making their vehicle buying decisions. Autobytel content and technology has potential exposure to more than 90 percent of total Web traffic.(a)

    (a) Jupiter Media Metrix October 2001 Digital Media Audience Report (Autobytel sites is the unduplicated audience of the Autobytel and Autoweb properties and Carsmart.com. The car-buying and ownership category as defined by Autobytel. Autobytel provides content to Yahoo! Inc., AOL Web sites, MSN.com and Lycos.com. The unduplicated audience of these four sites accounts for more than 90 percent of total traffic.)

    The statements contained in this conference call that are not historical facts are forward-looking statements under the federal securities laws. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed in, or implied by, such forward-looking statements. Autobytel undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements are changes in general economic conditions, the economic impact of recent or future terrorist attacks, increased dealer attrition, increased pressure on program fees, increased or unexpected competition, that actual costs and expenses exceed the charges taken by the company, the company's failure to realize anticipated synergies related to the merger with Autoweb and difficulties associated with successfully integrating the parties' businesses and technologies, changes in laws and regulations and other matters disclosed in Autobytel's filings with the Securities and Exchange Commission. Investors are strongly encouraged to review the company's annual report on Form 10-K for the year ended Dec. 31, 2001, and other filings with the Securities and Exchange Commission for a discussion of risks and uncertainties that could affect operating results and the market price of the company's stock.