AutoTradeCenter.com Inc. Unveils Latest 3-D Technology at Las Vegas Conference: C.A.R. 2000
14 March 2000
AutoTradeCenter.com Inc. Unveils Latest 3-D Technology at Las Vegas Conference: C.A.R. 2000
LAS VEGAS--March 14, 2000--AutoTradeCenter.com Inc. (OTCBB:AUTC) today announced that it is an exhibitor at the Conference of Automotive Remarketing 2000 being held in Las Vegas, NV (March 12-14, 2000), where it has unveiled its latest 3-D technology.This technology, once fully developed, will allow interactive viewing over the Internet of both the exterior and interior of vehicles in the company's inventory. The standard viewing area will be postcard size while some views will be available in full-screen format with crystal clarity even at high zoom. The important differentiation of the Company's 3-D technology is that it does not require "plug-ins" to operate, thus allowing download and operational speeds to maintain the highest efficiency that provide clarity and fluidity in image presentation. Autotradecenter.com controls the exclusive marketing rights of this technology in the used car automotive industry. Finally, a way to kick the tires on-line.
"The C.A.R. 2000 conference is the largest show of its kind," stated Company President Roger L. Butterwick. "There are over 500 representatives from most of the large manufacturers, finance and lease companies in attendance. We are currently demonstrating our latest state-of-the-art 3-D technology in addition to presenting our remarketing e-commerce solutions. The two words we've heard used most frequently to describe our display are `fantastic' and `unbelievable.' I am confident our exhibit will continue to attract significant attention that will translate into new customers and strategic alliances. We are unaware of any other company offering a complete solution to the growing volume of off-lease vehicles."
With the acquisition of NDSCo.com, and their American Honda Finance Company contract, AutoTradeCenter.com has established its dominant position in the automotive B2B sector. On its web site, www.autotradecenter.com, the Company markets its service to its national dealer base, to automotive lease and rental companies, and to banks and financial institutions across the U.S. who can use the site's many features for more efficient buying, selling and trading.
The Company also owns the Web site www.tradeincarsonline.com through its subsidiary BusinessTradeCenter.com Inc. TradeinCarsOnline is the first Web site to allow a consumer purchasing a new vehicle online to receive a firm purchase bid on his trade-in vehicle.
For more information on AutoTradeCenter.com Inc., please visit www.autotradecenter.com.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
