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Auto Network USA Expands Management Team

21 July 1998

Auto Network USA Expands Management Team; Additional Management Depth to Help with Financings and Acquisitions

    SCOTTSDALE, Ariz., July 21 -- Auto Network USA
(OTC Bulletin Board: ANWK), the fastest-growing publicly-held wholesaler of
used luxury automobiles in the country, announced today that it has enhanced
its management team by hiring two consultants with significant industry
experience.
    John P. Abadie has joined the company as a consultant to the board of
directors.  Mr. Abadie has more than 20 years experience in the
Financial/Banking industry, specifically dealing with the auto industry.
Previously, Mr. Abadie was the President and Chief Executive Officer of the
Banc One Credit Company (BOCC), a subsidiary of the Bank One Corporation.  He
also served as President of the Dealer Financial Services Group (DFSG) for
NationsBank Corporation, overseeing consumer loans, underwriting, collections
and recovery.  Prior to that, Mr. Abadie served as Regional Vice President of
Citicorp Acceptance, Inc., a subsidiary of CitiCorp/CitiBank N.A.
    "John's significant industry experience, specifically dealing with the
financial aspect of the automobile industry, will be invaluable as we move
toward implementing our strategy of a national roll-up of the automobile
wholesale industry," said Mike Stuart, Auto Network's President and CEO.  "He
has a proven track record at growing businesses and leading consolidation
efforts on a national scale.  We expect John to become a valued member of Auto
Network's management team."
    Additionally, Arnold L. Greenberg has joined Auto Network, also as a
consultant to the board of directors. Mr. Greenberg has more than 40 years
experience in the securities industry, completing his career as a manager of
the Denver operations of Sherwood Securities, a large over-the-counter
brokerage firm.  Additionally, Greenberg has been involved in the wholesale
used car business for more than 20-years on a part-time basis.
    "We will rely on Arnold's extensive business experience in both the
securities and automotive industries as we execute Auto Network's business
plan," said Mark Moldenhauer, Auto Network's vice president of corporate
development.  "Arnold has demonstrated his knowledge of the automobile
wholesaling business, as well as a well-defined general business sense, and
both should prove valuable to Auto Network on a going-forward basis."
    Auto Network USA is a wholesaler of used luxury automobiles, providing new
car dealers with an alternative to the auto auctions by purchasing and re-
selling trade-in vehicles. The Company is capitalizing on the billion-dollar
wholesale market by focusing operations in strategic segments of the country.
The Company has been profitable since it began operations.
    The Statements included in this press release may constitute forward-
looking statements made pursuant to the safe harbor provision of the Private
Securities Litigation Reform Act of 1995.  These statements involve risks and
uncertainties that could cause actual results to differ materially from the
forward-looking statements.  Factors which would cause or contribute to such
differences may include but are not limited to factors which may be detailed
in Securities and Exchange Commission filings.