Hahn Automotive Warehouse Inc. Retains the Services of Investor Relations Firm
9 August 1999
Hahn Automotive Warehouse Inc. Retains the Services of Investor Relations Firm
ROCHESTER, N.Y.--Aug. 6, 1999--Hahn Automotive Warehouse Inc. , today announced that the company has retained a highly-regarded public relations and investor relations firm to assist with corporate marketing and communications.ChrismanPeters Group handled the July 6 launch of Hahn's automotive parts online e-Store, www.iAutoparts.com(sm). The firm provided strategic counsel, planning and assisted with communications with select automotive industry editors, financial, technological and business editors, and financial and industry analysts who follow Hahn. ChrismanPeters Group is working closely with the Hahn management team to roll out an ongoing marketing campaign for www.iAutoparts.com.
"We are pleased to announce this new relationship," said Eli N. Futerman, Hahn's president and chief executive officer. Futerman added, "With the professional guidance and counsel from ChrismanPeters Group we were able to successfully launch the innovative www.iAutoparts.com e-Store, the first online automotive parts e-Store to be powered by CCI/Triad's ePartExpert(tm), the industry's largest and most powerful electronic parts catalog.
"We knew that creating the automotive industry's most comprehensive e-commerce site would provide a fast, convenient option for consumers to buy automotive parts online and believed this addition to our distribution mix would attract the attention of some financial and industry analysts. We selected ChrismanPeters Group for their counsel and expertise in communicating with these important audiences and they have continued to assist the company in achieving its marketing goals."
ChrismanPeters Group, based in Austin, Texas, is an integrated communications firm created by veteran public relations professionals Dale L. Chrisman and Lauren S. Peters. The firm provides strategic marketing, public relations, research and investor relations to a variety of national and international clients in software and Internet technology, corporate, associations, health care and professional services.
Hahn Automotive Warehouse Inc., headquartered in Rochester, N.Y., is a distributor of automotive aftermarket products through its 14 strategically located distribution centers to 80 company-owned Advantage Auto Stores, more than 1,000 independent jobbers and nine Professional Auto Warehouse direct distribution centers, in the Midwest and along the Eastern Seaboard, and via the Internet with its new www.iAutoparts.com site. iAutoparts.com offers more than 2 million automotive parts and is backed by more than $45 million worth of inventory immediately available for shipment direct to a shopper's door.
Safe Harbor Statements Under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release which are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth. Investors are cautioned that forward-looking statements are inherently uncertain. Actual results may differ materially from the future results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include those risks and uncertainties identified in Hahn Automotive Warehouse Inc.'s (the Company) Annual Report on Form 10-K, dated Dec. 22, 1998, which has been filed with the United States Securities and Exchange Commission. Other risks and uncertainties which may affect actual results, include but are not limited to, failure of the auto parts e-commerce industry to develop at anticipated rates, failure of the Company's e-commerce products and services to gain significant market acceptance, competition, the ability of the Company to protect its proprietary rights and the continued development and viability of the Internet. The Company assumes no duty to update information contained in this press release at any time.
iAutoparts Inc. is a subsidiary of Hahn Automotive Warehouse Inc. and iAutoparts.com is a service mark owned by Hahn Automotive Warehouse Inc.
ePartExpert is a trademark of Cooperative Computing Inc.