Head of DaimlerChrysler's Affinity Services to Lead giggo.com

27 January 2000
Head of DaimlerChrysler's Affinity Services to Lead giggo.com
    DALLAS, Jan. 27 -- giggo.com announced today that Brian Reed,
Managing Director of debis Financial Services Inc., Affinity Services Division
(debis Affinity Services), will assume day to day operational leadership of
giggo.com, the leading online automotive financing site and strategic
e-commerce initiative of DaimlerChrysler Services (debis) AG.  Mr. Reed will
continue his operating responsibilities in leading debis Affinity Services.
    "I am pleased to assume the day to day management of what industry
sources, including Robertson Stephens' recent e-auto report, have acknowledged
as the leading automotive financing site on the web," said Brian Reed, "Our
priority is to expand our leadership through a growing array of financial
products and services and to continue giggo's distinctive role as the best
automotive shopping experience available over the Internet."
    Mr. Reed has led DaimlerChrysler Services (debis) AG's diversification
efforts in the U.S. within the automotive marketplace.  He has been deeply
involved with giggo.com since it's inception.  His broad background includes
extensive experience within the financial services industry including numerous
senior management positions at Mercedes-Benz Credit Corporation (MBCC).
    giggo.com is one of the premier ventures of debis Affinity Services.  Mr.
Reed anticipates major initiatives, enhancements to the site and strategic
partnerships, which will be announced within the next several weeks.  "We
predict tremendous continued success for giggo.com," Reed added, "The future
holds many exciting opportunities for us to further enhance the car financing
and buying experience for consumers."

    About giggo.com
    giggo.com offers an online automotive financing site that is fast,
friendly and easy to use.  The new and innovative online service provides
customers with a comprehensive information program, an easy, direct loan
process and competitive rates.  giggo's dedicated team of customer consultants
are available on and off line to assist customers with all their financing
needs. giggo.com, based in Dallas Texas, is a fully dedicated e-commerce
division and a member of DaimlerChrysler Services (debis) AG.  giggo.com's
automotive finance site can be accessed at http://www.giggo.com, or through
the pages of Yahoo! Finance at http://www.finance.yahoo.com. giggo.com is also the
sole finance provider for AutoNationDirect.com
(http://www.autonationdirect.com).  For more information call giggo.com at
877-284-4446.