Autoco.com Announces Changes to Its Executive Structure
9 February 2000
Autoco.com Announces Changes to Its Executive StructureMINNEAPOLIS, Feb. 9 -- Max Wandinger, Chairman of the Board of Autoco.com (OTC Bulletin Board: AOOO) (http://www.autoco.com) is pleased to announce two exciting new appointments to the Board of Directors for Autoco.com. Effective immediately, Mr. Peter Caissie has been appointed President of the Corporation and Mr. Walter Deagle will take on the responsibility of Vice President, Business Development for TheMotorPages.com Inc., an automotive web-site, which is a subsidiary of Autoco.com. "It is an honour to have two men of such vast talent and expertise joining our board. Mr. Caissie and Mr. Deagle will both provide an enormous wealth of knowledge and vision during this time of corporate expansion," said Wandinger. Mr. Alex Romanov and Mr. Irving Bronfman have stepped down as Directors of the Board. Mr. Caissie will be directly involved with the day-to-day operations of both TheMotorPages.com Inc., and GTA Auctions and Liquidations Inc., a subsidiary of Autoco.com and the largest public Auction House in Ontario for automobiles, automotive products and liquidation items. Mr. Deagle will be focusing on continuing the expansion of TheMotorPages.com Inc., dealer member base. TheMotorPages.com Inc. is the most user-friendly automotive portal site on the Internet today and allows consumers the ability to search for discount services and other Internet specials, as well as providing dealer value-added business to business opportunities. Autoco.com, Inc. is a public company quoted on the Nasdaq Bulletin Board under the symbol "A000". For more information or to request a detailed Investor Package, please contact Investor Relations at 800-773-7317. Note: Any statements released by autoco.com that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the Company's business prospects and performances. These include economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings with the Securities and Exchange Commission. Disclaimer: This transmission was intended only for the party or parties to whom it was directed. If you have received the transmission in error or by other means, it must be destroyed and by no means circulated, copied or otherwise duplicated without the express permission of its author(s). Nothing in the contents transmitted should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information contained herein. CONTACT: Investor Relations of Autoco.com, Inc., 800-773-7317.