Autoco.com Announces Strategic Alliance With Repo Depo(R)
18 February 2000
Autoco.com Announces Strategic Alliance With Repo Depo(R)Provides Consumers With Information on New and 'Special Vehicle' Deals MINNEAPOLIS, Feb. 18 -- Autoco.com (OTC Bulletin Board: AOOO), (http://www.autoco.com) today announced a strategic alliance between Repo Depo(R), (http://www.repodepo.net) and Autoco.com's wholly owned subsidiary, TheMotorPages.com, to provide consumers and dealers with a comprehensive database of repossessed vehicles across Canada. The alliance is expected to increase awareness of Repo Depo and its available services and to establish TheMotorPages.com as the full service automotive Internet portal to both the consumer and dealer. "This carefully selected alliance with Repo Depo is a direct result of the automotive consumers demand to receive current information on automotive deals on new and 'special interest' vehicles," said Mr. Walter Deagle, CEO of the TheMotorPages.com. "The alliance represents considerable advantages for automotive consumers, dealers and wholesalers, and will enhance branding of TheMotorPages.com as the premiere portal for the business-to-business and business-to-consumer automotive e-commerce sector across North America." Vehicle information supplied by Repo Depo on TheMotorPages.com website will increase brand distribution across North America and provide consumers and dealers with information on over 1,500 vehicles nationwide on TheMotorPages.com website. Autoco.com, Inc. (http://www.autoco.com) is focused on providing innovative Internet solutions to the automotive industry's emerging requirements for online vehicle sales, auctions, services and parts through a network of strategically positioned subsidiaries. Repo Depo (http://www.repodepo.net) provides current information nationwide on recovered vehicles, estates, RV's, businesses, equipment and property available for purchase by the public. For more information, please contact Mr. James Neil (Investor Relations) at 800-773-7317. 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. 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 expressed 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.