Auto Dealership Will Focus on Import Vehicles With No Credit Check Financing - At Average 29.9%

SCOTTSDALE, Ariz., Dec. 15, 2004 -- NowAuto, Inc. has reopened the Scottsdale, Arizona lot after a 3-month makeover. The new dealership has been remodeled, painted, and lights installed so the dealership can stay open longer. The Scottsdale dealership will focus on imported vehicles including Honda, Nissan, Acura, and Toyota. NowAuto is also seeing a significant increase in customer traffic since the launch of the no credit check auto financing marketing campaign. The campaign consisted of television commercials, print advertising in several auto magazines, and online marketing with Yahoo!, Google, MSN, AOL, and other high-traffic search engines.

The Scottsdale, Arizona dealership is located on one of the busiest streets in the greater Phoenix area. The new look insures that people driving notice the dealership, auto inventory, and no credit check auto financing signs. The dealership is now equipped with outdoor lights throughout the entire dealership to allow the lot to stay open later and make the vehicle inventory visible at night. "Our recent marketing blitz has been extremely successful and we are seeing an increase in sales and customer traffic," said Scott Miller, CEO of NowAuto, Inc. "Having the Scottsdale dealership reopened should increase sales and awareness of our niche market. We are building NowAuto to compete," continued Miller.

Last week, Scott Miller, CEO/President of NowAuto, Inc. raised previous guidance for 2005. NowAuto expects to earn net income in excess of $3,000,000 or 30 cents per share in 2005. The Company is projecting revenue for fiscal 2005 of approximately $10,000,000. NowAuto anticipates filing its Form-10 to become a fully reporting company. Once fully reporting, the Company plans to move off the Pink Sheet Markets.

NowAuto has three unique and complementary sources of revenue broken down as follows:

  1. Navicom, a subsidiary of NowAuto, has cutting-edge GPS technology that
     covers 98% of the United States, Mexico, and Canada.  The unique
     Navicom technology assists in vehicle location and control.  Navicom
     allows the subscriber to access the vehicle location via the Internet
     and monitor location, speed, and maintenance requirements.  The
     technology also has disabling capabilities, which stop a
     Navicom-equipped vehicle from starting.

  2. NowAuto owns used-vehicle dealerships.  These dealerships are targeted
     at buyers with sub prime credit to finance a vehicle with no credit
     check.  Using Navicom's technology the Company can shut down the car
     if payments are not received.  NowAuto sells its automobiles for an
     average of $7,000 with healthy profit margins.  The new TV commercial
     can be viewed at http://www.nowauto.net/ by clicking the link at the
   top of the website.
   
   3. NowAuto finances the vehicles it sells.  Automobiles will be financed
   to sub prime credit borrowers at a rate of 29.99%.  By the end of 2005
   NowAuto expects to have $10 million in loans receiving 29.99% interest.
   This represents annualized finance revenue of nearly $2,400,000 after
   down payment.  The Company expects its number of loans to more than
   double in 2006 through internal growth and acquisitions.