AutoTradeCenter.com Inc. Named In List of B2B E-Commerce Companies to Watch
22 December 1999
AutoTradeCenter.com Inc. Named In Robertson Stevens List of B2B E-Commerce Companies to Watch
SCOTTSDALE, Ariz.--Dec. 22, 1999--AutoTradeCenter.com Inc. (OTC BB:AUTC) Wednesday announced that the company has been included as a B2B e-commerce company to watch in a research report by Robertson Stevens.Robertson Stevens is positioned as the only investment bank on Wall Street to have a completely dedicated research, corporate finance and M&A team serving leading edge B2B companies. A copy of their report can be accessed at www.internetstocks.com/launch.asp.
Roger Butterwick, president of AutoTradeCenter.com Inc., said, "We are proud to be included in the research of Robertson Stevens. We have worked very hard to position ourselves as a leader in the automotive wholesale e-commerce business and it is encouraging to know the investment banking community in the B2B arena is beginning to share our vision."
AutoTradeCenter.com is a leading Internet-based "business-to-business" automotive wholesale and remarketing company. On its web site, www.autotradecenter.com, the company markets its services to its national dealer base, to automotive lease and rental companies, and to banks and financial institutions across the United States who can use the site's many features for more efficient buying, selling and trading.
The site also is designed to provide large dealership groups a virtual private network internal inventory service through controlled security access.
In addition, the company has developed a second Internet site, www.tradeincarsonline.com that will allow the company's subsidiary, Auto Network Group, one of the nation's largest automobile wholesalers, to evaluate a consumer's trade-in vehicle, enabling the consumer to complete an online new car purchase transaction with a trade-in, through any number of Internet buying services.
For more information on AutoTradeCenter.com Inc., please visit www.autotradecenter.com.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995.
The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby.
Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.