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InvoiceDealers.com Reports Female Car Buyers on the Rise

7 July 1999

InvoiceDealers.com Reports Female Car Buyers on the Rise

    PALO ALTO, Calif., July 7 -- InvoiceDealers.com, the only
new-car buying service offering up-front pricing nationwide, announced the
seventh straight month of substantial growth in female car buyers using its
site ( http://www.invoicedealers.com ). Since November 1998, the percentage of
InvoiceDealers.com shoppers who are women has risen 57%. In absolute terms,
the number of women placing purchase requests has surged over 2200%.
     "These increases validate our strategy," said InvoiceDealers.com CEO
Jon Christensen. "We believe that all buyers deserve up-front, competitive
dealer pricing information without having to divulge their personal data." The
InvoiceDealers.com buying system shows dealer pricing online so that car
buyers can select a dealer after comparing the pricing and location of
morethan 600 dealerships nationwide. "Our mission is to offer a fair and
powerful experience for all new car buyers, regardless of sex, ethnicity,
education, or financial circumstances."
    InvoiceDealers.com plans to enhance its open market of dealerships with
the upcoming release of its second-generation web site. "As the Internet
new-car buying industry evolves, we intend to lead the transition from simple
referral systems, such as those of our competitors Autoweb.com and Microsoft
CarPoint, to a next-generation open marketplace," said Christensen. "With our
rapid growth and developing technology, we are positioned to become the
premier resource for women buying new cars online."

    About InvoiceDealers.com
    InvoiceDealers.com is the first and only car buying service to provide
up-front new car pricing from competing dealerships nationwide. The service
presents car shoppers with dealer pricing online, allowing them to select any
dealer based on pricing and location. This ensures an equal experience for all
shoppers and generates high quality leads to member dealers. Founded in 1998,
InvoiceDealers.com is growing rapidly as consumers and new-car dealerships
recognize the benefits of this revolutionary approach. InvoiceDealers.com can
be contacted through Eli Kuo, 650-323-1390, ext. 154, edk@invoicedealers.com.
The InvoiceDealers.com web site is located at http://www.invoicedealers.com