Ron Clayton to Leave Auteo Media But Not Realy

    SEATTLE--July 15, 2002--Auteo Media, Inc. (OTCBB:AUTM), a provider of communication and advertising solutions for the automotive industry, has announced Mr. Ron Clayton has resigned as President of the Company and his employment agreement with the Company has been terminated by mutual agreement of the parties.
    Mr. Clayton was hired by Auteo Media after its acquisition of NWCarnet.com of Seattle and Mr. Clayton has served as Vice President and President of the Company during his tenure.
    Concurrent with the resignation, the Company has announced that it has entered into a licensing agreement with Mr. Clayton, granting him the right to develop auto dealership web sites using the Company's Go2Dealer.net(TM) software and manage existing customer sites.
    Under terms of the agreement, Mr. Clayton will pay an upfront fee and provide other consideration in return for a one-year, non-exclusive license for the Company's Go2Dealer.net web site software system.
    "This arrangement meets the needs of our customers and shareholders in light of the recent acquisition of our data collection business by Trader publishing," stated Steve Van Leeuwen, Chairman of Auteo Media.

    Cautionary Statement: NASD has neither approved nor reviewed the information contained herein. Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential" or "continue," as well as the negative of these terms or other terminology. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ. More information about such risks and uncertainties are included in Auteo Media's most recent annual report on Form 10K. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. Auteo Media undertakes no obligation to update any forward-looking statements.