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AutoTradeCenter.com Inc. To Expand Operations

27 January 2000

    SCOTTSDALE, Ariz.--Jan. 27, 2000--AutoTradeCenter.com Inc. announced on Thursday that effective Feb. 1, the company has leased additional office space near its headquarters in Scottsdale.

    The company plans to utilize the additional space to accommodate an anticipated increase in volume and to create a call center for its vehicle remarketing division.

    Company President Roger L. Butterwick said, "This expansion is yet another key element in the progression of our commitment to provide enhanced used vehicle remarketing services to our established dealer base, automotive lease companies, banks and financial institutions as our off-lease disposition model moves forward.

    "We continue to be encouraged by the reception our business model and Internet technology based applications are receiving in all facets of the automotive industry."

    AutoTradeCenter.com is an Internet-based "business-to-business" automotive wholesale and remarketing company.

    On its web site, 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.