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e-LaSer Joins Forces with Autobytel.Europe

3 February 2000

e-LaSer Joins Forces with Autobytel.Europe
Subsidiary of LaSer (Galeries Lafayette Group) Will Invest in Autobytel.com's
                               European Venture

    AMSTERDAM, Feb. 3 -- Autobytel.com , the
leading international automotive e-commerce provider, today announced that
e-LaSer, a leader in customer services and e-commerce in Europe, will invest a
minimum of US$3 million in Autobytel.Europe.  e-LaSer is a subsidiary of
LASER-Lafayette Services, the first European group specialized in services and
technologies dedicated to the retail and consumer markets.
    Autobytel.Europe and e-LaSer intend to cooperate in innovative customer
relationship management, loyalty programs services and e-commerce
cross-fertilization.  e-LaSer is pioneering e-commerce customer relationship
management and loyalty program services throughout Europe.
    "As Autobytel.com grows in Europe, e-LaSer will be one of our most
significant market partners," said Mark Lorimer, President and CEO of
Autobytel.com.  "We are very excited to be embarking upon this relationship
with a firm that provides such innovative customer services to the European
marketplace."
    "We are delighted to work with Autobytel, one of the most pioneering and
innovative internet services, whose resounding success is characteristic of
the far-reaching changes shaping the new economy," said Philippe Lemoine,
Chairman and CEO of LASER and Co-President of Galeries Lafayette Group.

    Autobytel.Europe is a majority owned subsidiary of Autobytel.com which
offers support services to Autobytel sites in individual countries in
Continental Europe.  Including the latest round from e-LaSer, total funding to
date for Autobytel.Europe from such partners as Inchcape plc, Pon Holdings
B.V., and GE Equity has reached $36.7 million.

    About autobytel.com inc.
    Internationally-branded Autobytel.com (http://www.autobytel.com) is the
acknowledged leader in online automotive commerce(1).  The most comprehensive
automotive Internet site, Autobytel.com offers consumers a positive purchasing
and ownership experience, while providing its Accredited Dealer Network with
the most efficient way to reach online car buyers.  As it assists consumers
through every aspect of the automotive lifecycle, Autobytel.com provides
continuity into the next vehicle purchase.  Launched in March 1995,
Autobytel.com's low-cost, no-haggle car-buying program is available in the
U.S., Canada (http://www.autobytel.ca), the United Kingdom (http://www.autobytel.co.uk),
Japan (http://www.autobytel-japan.com) and Sweden (http://www.autobytel.se).  In 1999,
Autobytel.com was ranked #1 in Dealer Satisfaction with Online Buying Services
for the second year in a row(2).

    About LASER and e-LaSer
    e-LaSer (http://www.e-laser.com) is a branch created by LASER (http://www.laser.fr), a
subsidiary of the Galeries Lafayette distribution Group, a 35,000 employee
strong distribution and department store group with a turnover of 6 billion
Euros.  LASER, the European leader specialized in providing services and
technologies for retail and consumer markets, has 3,800 employees and a
turnover of 833 million Euros in 1999 over three companies: Cofinoga
(http://www.cofinoga.com), LaSer Informatique and e-LaSer.
    e-LaSer is devoted to innovative customer relationship management (CRM)
and e-commerce.  e-LaSer combines its global skills and expertise in European
Customer Centers, loyalty program applications and e-commerce
cross-fertilization, web site development and consultancy services.  e-LaSer
is also mastering Telemarket (http://www.telemarket.fr), the on-line grocery trade
leader in Europe.

    The statements contained in this press release that are not historical
facts are forward-looking statements under the federal securities laws.  These
forward-looking statements are not guarantees of future performance and
involve certain risks, uncertainties and assumptions that are difficult to
predict.  Actual outcomes and results may differ materially from what is
expressed in, or implied by, such forward-looking statements.  Autobytel.com
undertakes no obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or otherwise.  Among the
important factors that could cause Autobytel.com's actual results to differ
materially from those expressed in, or implied by, the forward-looking
statements are changes in general economic conditions, increased or unexpected
competition, the failure to close the acquisition of A.I.N. Corporation,
changes in A.I.N. Corporation's financial performance, and other matters
disclosed in Autobytel.com's filings with the Securities and Exchange
Commission.

    (1)  As reported by J.D. Power and Associates, Autobytel.com accounts for
45% of all new vehicles sold through an online service. (8.23.99).

    (2)  J.D. Power and Associates 1998-1999 Dealer Satisfaction With Online
Buying Services Studies(SM).  1999 study conducted among dealership Internet
specialists who completed 1,024 individual evaluations.