Autoweb.com and CarParts.com Team to Provide Consumers With Total Automotive Needs
13 January 2000
Autoweb.com and CarParts.com Team to Provide Consumers With Total Automotive NeedsFrom Parts and Accessories to Information, Two Sites Make Auto Shopping Easier SANTA CLARA and SANTA MONICA, Calif., Jan. 13 -- Autoweb.com , the leading consumer automotive Internet service (http://www.autoweb.com), and its newly acquired division, AutoSite.com (http://www.autosite.com), today announced an alliance with CarParts.com (http://www.carparts.com), the largest Internet retailer of automotive parts and accessories. The partnership provides both companies the opportunity to simplify the shopping experience for consumers by connecting sites that meet all of their automotive needs. "Internet savvy car buyers come to us looking for the best information about new or used cars and, with partners like CarParts.com, we are now able to better help consumers locate parts and accessories for their vehicles," said Dean DeBiase, chairman and CEO of Autoweb.com. "CarParts.com offers our site visitors the largest product selection, an easy-to-use interface and a commitment to delivering a superior customer experience." As a partner with Autoweb.com, CarParts.com is listed on both the Autoweb.com site, in the "Maintain" section, and on the AutoSite.com site, in the "Shop Smart" section, and serves as a constant reference for new car buyer's accessory needs. With links to CarParts.com located throughout Autoweb.com and AutoSite.com, the two sites are committed to integrating parts and accessories shopping functionality into the car purchasing process and simplifying the overall shopping experience for consumers. "Consumers want the most complete automotive information, whether it concerns purchasing a new car or accessorizing that purchase," said Alan Bennett, CEO of CarParts.com. "Autoweb.com and AutoSite.com, with our input, answer all of those questions, quickly and easily." About Autoweb.com: Autoweb.com is the leading consumer automotive Internet service, guiding consumers through every stage of vehicle ownership. From research and buying, to enjoying, maintaining and selling, Autoweb.com delivers what consumers want. Starting with comprehensive, unbiased automotive research, Autoweb.com also provides many options to buy new and used autos through its auction, dealer referral and direct-to-consumer commerce channels. Autoweb.com works with over 5,000 Member Dealers and other commerce partners to provide the best experience at every stage of vehicle ownership. For more information, please visit http://www.autoweb.com. About CarParts.com: CarParts.com offers the worlds largest source of car and truck parts including performance, replacement, body, restoration, accessories and recycled OEM parts for cars, trucks and SUVs. The easy-to-use Web site offers the convenient online access and timely delivery for more than 1.5 million automotive products from over 500 major manufacturers including Motorcraft, Fram, Borg Warner, Accel, AC Delco, TRW, Borla, NOS and many more. CarParts.com is headquartered in Santa Monica, CA and backed by @Ventures, the venture arm of CMGI, Brand Equity Ventures, St. Paul Venture Capital and Ravenswood Capital. Safe Harbor Statement: The statements in this news release, other than historical financial information, may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect the company's results is detailed in the company's Registration Statement, as filed with the Securities and Exchange Commission on Form S-1 (No. 333-71177), the company's Form 10-Q for the quarter ended March 31, 1999 and the quarter ended June 30, 1999, as filed with the Securities and Exchange Commission, and the Form 10-Q for the quarter ended September 30, 1999, to be filed with the Securities and Exchange Commission. Autoweb, Autoweb.com and the associated logos are trademarks Autoweb.com, Inc. Other parties' trademarks or service marks are the property of their respective owners.