Investment Manager to Hold eAutoclaims Common Stock

    OLDSMAR, Fla., Jan. 17 /PRNewswire-FirstCall/ -- The manager of the
Canadian Advantage Limited Partnership and the Advantage (Bermuda) Fund Ltd.,
which collectively own 4.1 million shares of eAutoclaims
(OTC Bulletin Board: EACC) common stock, said that he will continue to
maintain the Funds' holdings.
    "I believe there is a future for the company," said John Pennington of
Advantage Fund G.P. Limited, Mississauga, Ontario, which manages the two
funds.  "It would be premature to sell at this time," he said.
    Pennington said he reached this view after conducting his own preliminary
due diligence and after visiting the company's headquarters in Oldsmar,
Florida.
    Jeffrey Dickson, co-founder and Chairman of the company, said, "Obviously,
we are optimistic about our company and the prospects for the industry we are
creating; however, it's gratifying when the 'smart money' concurs with our
beliefs.  We believe that the funds managed by Mr. Pennington are attractive
and important shareholders."
    Pennington's company replaced investment managers affiliated with Thomson
Kernaghan, which ceased operations in 2002.

    About eAutoclaims:
    eAutoclaims (OTC Bulletin Board: EACC) is a business services company that
provides the insurance industry with claims management services through both
ASP and integrated outsourcing solutions. The Company's clients are insurance
companies, fleet management companies and insurance services companies.
eAutoclaims' solutions streamline the claims handling process, decreasing the
overall time and cost required to process a collision claim and reducing
average paid losses for its clients.  The Company handles repair estimates,
repair audits and claims systems administration services for automobile claims
that are processed and tracked via the eAutoclaims Web-based platform and
network of service providers.

    This announcement contains "forward-looking statements." Words such as
"anticipate", "believe", "estimate", "expect" and other similar expressions as
they relate to the Company and its management are intended to identify such
forward-looking statements. Although the Company and its management believe
that the statements contained in this announcement are reasonable, it can give
no assurances that such statements will prove correct. Factors that could
affect the occurrence of events or results discussed herein are included with
those mentioned in the Company's filings with the Securities and Exchange
Commission.