eCarfly Receives $6 Price Target from Investment Strategies

DALLAS--Aug. 1, 2006--eCarfly, Inc. (Pink Sheets:ECFL) announced today the company has received an analyst report and Price Target of $6 from Investment Strategies. "Currently we are working on forming partnerships and business deals with some very large companies that will help us generate revenues needed to justify our $6.00 price target. I personally think it won't be too long before we're there," stated Desmond Milligan, eCarfly, Inc. CEO.

About eCarfly, Inc.

eCarfly provides individuals and automotive dealers a hassle-free and cost-effective alternative to sell their vehicles while reducing to zero, traditional costs associated with the vehicle sales process! With the knowledge, experience, and understanding of the automotive industry, eCarfly knows exactly what works and what doesn't. eCarfly is currently focusing on online vehicle auctions, personal watercraft auctions, and partnerships with companies such as AutoNation , CarMax, Inc. , Asbury Automotive Group and private individuals interested in selling their personal vehicles.

Disclaimer

Matters discussed in this press release are "forward-looking statements." Statements describing company objectives are forward looking. Company's plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the company and market evaluations of its stock, which could cause actual results to differ materially from those anticipated.