American Auto Exchange (aaXchange(R)) & Auction Broadcasting Company (ABC) Announce the Formation of Auction Broadcasting Xchange (abX)

Industry Innovators Join to Deliver Dealer Inventory Management and Sales Tool

DALLAS, Feb. 1 -- American Auto Exchange, Inc. (aaXchange(R)), leader in used vehicle inventory management, and Auction Broadcasting Company (ABC), the third largest vehicle auction house in the US, have partnered to bring dealers an intelligent way to buy and sell vehicles. These tools deliver an upstream sales channel for both buyers and sellers in the used car wholesale industry.

"This new partnership will enable dealers to source vehicles that perform well for their dealership. Essentially, aaXchange intelligence will filter through ABC supplies and give dealers the opportunity to seamlessly acquire vehicles they need, based on strategic aaXchange stocking recommendations. Quite simply, we take the guesswork out of which vehicles a dealer needs to buy or sell and then give them a smart online tool to easily facilitate the transaction," says Bruce Thompson, CEO of American Auto Exchange.

"Since our inception, ABC has been committed to introducing state-of-the- art technology to the auto auction industry. Now, with the advantage of aaXchange products and services we are able to take our auction expertise and sales advantage to a new level with Auction Broadcasting Xchange (abX)," states Robert Rauschenberg, ABC's Vice-President/Managing Partner.

Technology has touched virtually every industry in America the last two decades. The used car business however, is an exception. aaXchange brings state-of-the-art technology to the pre-owned automotive business. Their tools enable dealers to make accurate real-time decisions. Not only are dealers able to stock what they sell, but they're able to stock what they sell well.

ABC is dedicated to providing the most modern and progressive facilities and services in an atmosphere that fosters traditional principles of teamwork, partnership, honesty, integrity, and value. abX offers its customers the best products and services as it leads the auto auction industry into the future.

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