parts.com and M&M's(R) Chocolate Candies Set to Take NASCAR by Storm
16 February 2000
parts.com and M&M's(R) Chocolate Candies Set to Take NASCAR by StormSANFORD, Fla., Feb. 16 -- parts.com, Inc. (formerly Miracom Corporation), (OTC Bulletin Board: MIRME) announced today that it has joined NASCAR Winston Cup Racing as Associate National Sponsor of the M&M's Racing Team No. 36 Pontiac and MB2 Motorsports. This sponsorship broadens parts.com's national branding campaign and affords "M&M's" Brand, the number one candy brand in the world, a racing partnership with parts.com as part of the agreement. Parts.com, Inc. (formerly Miracom Corporation), a leading real time business-to-business parts exchange, in teaming with "M&M's" Brand, joins the world's most exciting automobile racing tour, NASCAR's Winston Cup Racing. The parts.com "M&M's"(R) agreement includes sponsorship at the upcoming Daytona 500. As a direct result of the agreement, "M&M's"(R) ( http://www.M-Ms.com ) becomes the first major co-branding partner in the parts.com promotion program. As an Associate National Sponsor, the parts.com logo will appear prominently on the "M&M's" Racing Team's No. 36 Pontiac and on the uniforms of the driver and pit crew. This will help position the parts.com exchange as the leading provider of online business-to-business and consumer auto parts products to an important segment of the automotive marketplace. The NASCAR Winston Cup season presents an excellent opportunity for the parts.com brand to be exposed in 37 races between February 20th and November 19th, 2000. Every event will receive live broadcast coverage from CBS, ABC, NBC, TNN or ESPN. In addition to the Network coverage of the races, each event will be covered on syndicated "Television Magazine" and sports news shows such as "Inside NASCAR" and "Sports Center." "The opportunity to partner with "M&M's" Racing Team No. 36 Pontiac, in America's fastest-growing spectator sport, is a monumental achievement for parts.com. We recognize the importance for parts.com to make its presence known to automotive enthusiasts around the world. The opportunity to reach nearly 100 million racecar and sports fans through these exciting live events is a great distinction and a key marketing opportunity. NASCAR Winston Cup Racing and "M&M's" Racing Team No .36 Pontiac has presented parts.com with one of the most prestigious platforms possible to gain national brand recognition," stated Shawn Lucas, President and Co-CEO of parts.com. Lucas continued, "The national coverage of NASCAR events has a proven value in reaching our key demographic target audience. With an average broadcast projection of 5,502,000 households and an average of 8,327,000 viewers, the parts.com brand is truly off to the races." Tim Quinn, M&M/Mars National Sponsorship Director added, "We are delighted to have parts.com join the M&M's Racing Team and look forward to a winning season. We understand the need of getting parts fast and getting them right. Parts.com and the "M&M's" Racing Team with Ken Schrader are an unbeatable combination." The 1999 gross cable audiences totaled 76,925,000 viewers (point, non- point), and gross network audiences totaled 61,802,000 viewers (point, non- point). The association expects an even higher draw for NASCAR Winston Cup Racing. The parts.com associate sponsorship of the "M&M's" Racing Team No. 36 Pontiac brings the company together with one of NASCAR's most venerated racing drivers, Ken Schrader. During his uninterrupted 16-year career, Schrader has earned nearly $20 million in winnings. Schrader is typically ranked in the top twenty of U.S. NASCAR drivers. Ken Schrader's signature features are his consistency and dependability. These features are consistent with two important qualities of the parts.com brand, making the association a perfect match. Mr. Schrader has 453 consecutive starts in the past 15 years and has never missed qualifying for a race. In addition to a new team, the year 2000 also brings Ken Schrader a new sponsor and a new relationship with the Pontiac division of General Motors. About parts.com parts.com provides a business-to-business e-commerce solution for the $600 billion worldwide auto parts industry. The parts.com site creates value for all participants throughout the supply chain, including manufacturers, distributors and parts buyers. This value is a direct result of the unique parts.com "just in time" business model, which eliminates a number of inefficient links in the supply chain inherent in the auto parts business. The proprietary parts.com technology and logistics plan enables parts suppliers to deliver their product more quickly and cost-effectively than through traditional channels of distribution. parts.com was officially launched on January 23, 2000 at the National Automobile Dealers Association's (NADA) annual conference in Orlando, Fla. MB2 Motorsports, owned by Read Morton, Nelson Bowers and Tom Beard, was formed in 1996 and entered the Winston Cup arena in 1997. The team's primary sponsor is "M&M's"(R) Chocolate Candies with associate sponsorship from Call-N-Carry. "M&M's"(R) Chocolate Candies is the number one confectionery brand in the world. "M&M's"(R) is a registered trademark of Mars, Incorporated. M&M/MARS, a division of Mars, Incorporated, manufactures and distributes a wide variety of high quality snack foods. (This news release includes statements that may constitute forward-looking statements pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Although parts.com, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be met. Factors that could cause actual results to differ materially from parts.com's expectations include the operational performance of parts.com, the Company's success in entering into strategic alliances, parts.com's and ReallyKnow.com's operational and financial performance, industry conditions, demand for its products, and other risks.)