Autobytel.com Partners With Mothers Against Drunk Driving
9 February 2000
Autobytel.com Partners With Mothers Against Drunk Driving (MADD) To Prevent Underage Drinking and Encourage Responsible DrivingAutomotive E-Commerce Giant Leads Online Campaign for Parents and Teenagers IRVINE, Calif., Feb. 9 -- Autobytel.com , the company that controls nearly 50% of all online car-buying purchases, today announced its new relationship with Mothers Against Drunk Driving (MADD), the non-profit organization dedicated to pursuing effective solutions for drunk driving and underage drinking problems and supporting victims. By joining MADD in this effort with "The Key," a web-based program for teens and parents, Autobytel.com underscores the importance of safe and responsible driving to a vast online audience. "As the leader in automotive e-commerce, we have a responsibility to encourage safe and responsible driving," said Mark Lorimer, President and CEO of Autobytel.com. "We are proud to be working with MADD in their efforts to educate families on the perils of underage drinking and impaired driving." Autobytel.com is providing MADD information and resources via its website in an effort to extend the message of road safety to its broad audience. Autobytel.com's first initiative with MADD is the hosting of a web-based version of MADD's "The Key," a program that helps parents and teens open the lines of communication about alcohol and other illicit drug use and the responsibilities of being a young driver. "The Key" ends with a covenant that is designed to shed light on and, ultimately, deter teenagers from driving while under the influence of alcohol. "The Key," which can be accessed from Autobytel.com's home page or via the recently launched Autobytel.com For Her site, provides parents and their children with the ability to uphold the terms of this "contractual agreement" to abstain from drinking and driving. To encourage participation in "The Key," Autobytel.com will be running "The Key Sweepstakes" from February 7 to June 30. Key users are automatically entered to win a new Chevrolet SUV, truck or sedan upon agreeing to the terms of the covenant. "It takes everyone -- teens, parents, teachers, law enforcement, corporate America -- to help change the social environment that gives kids easy access to alcohol," said MADD National President Millie I. Webb. "We thank Autobytel.com for helping to promote safety with sponsorship of 'The Key'." "Autobytel.com's goal is to provide information and services to better the consumer's automotive ownership experience," said Lorimer. "Our relationship with MADD enables us to communicate the message that family and safety come first, and we are pleased to offer 'The Key' at Autobytel.com For Her." Autobytel.com and MADD share a mutual goal -- to educate and advocate the need to be safe when on the road. In addition to hosting a web-based version of "The Key," Autobytel.com will list a calendar of upcoming national MADD-sanctioned events. Additionally, Autobytel.com plans to co-sponsor educational events in the future, including the MADD National Youth Summit which will be held in Washington DC in October 2000. 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) 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 madd.org Mothers Against Drunk Driving (MADD) is a non-profit organization with more than 600 affiliates across the country. Started in 1980, MADD is celebrating its 20th anniversary in year 2000. MADD's mission is to stop drunk driving, support the victims of violent crime and to prevent underage drinking. For more information about MADD, visit http://www.madd.org. 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.