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John Moynahan Named CFO of Precision Auto Care

14 July 1998

John Moynahan Named CFO of Precision Auto Care
    LEESBURG, Va., July 14 -- Precision Auto Care, Inc.
, North America's largest franchisor of auto care centers, today
announced that John F. Moynahan has been named senior vice president and chief
financial officer.
    Jay Ripley, President and CEO of Precision Auto Care, Inc. said, "John
brings to Precision the experience and keen insight gained during his nearly
two decades as a financial executive with Fortune 500, start-up and growth
companies.  His extensive experience in financial issues -- including debt and
equity financing, acquisitions, costing and control systems, international
operations, SEC reporting, and investor relations -- will enhance Precision
Auto Care's growth and development as a newly public company."
    Moynahan received a B.A. in economics from Colgate University in Hamilton,
N.Y., an MBA in accounting and finance from New York University and a CPA from
the state of New York.  He started his career in 1979 as a staff auditor with
Ernst & Young, New York City, and has served as treasurer of the $1 billion
Nasdaq-traded Fisher Scientific Group, Inc., La Jolla, Calif., and later
served as vice president and CFO of Sym-Tek Systems, Inc., San Diego, a
Nasdaq-traded global manufacturer of high-technology equipment, and vice
president and treasurer of Joy Technologies, Inc., Pittsburgh, Pa., a
NYSE-listed equipment manufacturer.  Prior to joining Precision Auto Care,
Inc., Mr. Moynahan was the senior vice president and CFO of Xybernaut
Corporation, Fairfax, Va., a Nasdaq-traded global manufacturer of high-
technology products, where he was instrumental in a successful initial public
offering, private placements, and the establishment of operations in Europe
and Japan.
    Precision Auto Care, Inc. is the world's largest franchisor of auto care
centers, with 647 operating centers as of June 25, 1998.  The Company
franchises and operates Precision Tune Auto Care, Precision Auto Wash, and
Precision Lube Express centers around the world.
    This press release contains certain forward-looking statements which
involve known and unknown risks, uncertainties or other factors not under the
Company's control which may cause actual results, performance or achievements
of the Company to be materially different from the result, performance, or
other expectations implied by these forward-looking statements.  For further
information about the Company, investors are encouraged to review the
Company's most recent SEC filings.