Top E-Auto Sector Financial Analyst Rates aaXchange Among Top Auto Tech Companies

DALLAS, Feb. 1, 2005 -- Jordan Hymowitz, well known top hedge fund manager and former auto retailing analyst has cited American Auto Exchange, Inc. (aaXchange) as an innovative and forward driving company whose technology based products and services are leading the industry to make smart cost effective sales decisions.

"A technological transformation is occurring in the automobile industry. aaXchange is leading the way by bringing desperately needed technology to American auto dealers. The ability to quickly access pricing and inventory data increases productivity and that automatically improves the bottom line. As auto dealers work to match consumer wants with available inventory in order to improve customer satisfaction, this tool eliminates excesses and maximizes dealer margins," says Jordan Hymowitz.

"We are confident that when auto dealers use aaXchange products and services to analyze their inventory, they will no longer have to guess at how it will impact the bottom line. They will have real time feedback and data driven results to measure their profitability," says Bruce Thompson, founder and CEO of aaXchange.

At American Auto Exchange, the mission is to provide accurate, real time information and recommendations that enable automotive dealers to maximize sales and profits, decrease turn time and minimize wholesale losses.

aaXchange is a revolutionary system for streamlining new and used car operations, inventory management, and vehicle acquisition and disposal. Consolidated appraisal and vehicle valuation, inventory decision support, and real-time online aaXchange buy and sell tools enable both new and used car managers to exceed expectations through data driven decisions.

American Auto Exchange, Inc. started in late 2001 working with a single franchise dealership in Dallas, Texas. Since then, aaXchange has significantly increased its client base and boasts a wide-variety of clients from the largest automotive retail groups in the nation to the independently franchised stores that dot the nationwide dealer network.

Using its suite of tools and services, aaXchange furnishes each of its subscribers with comprehensive analysis and recommendations to help make dealers' pre-owned department a world-class operation.

For more information please visit the website at http://www.aaxchange.com/