---

Universal Automotive Announces New Internet Subsidiary Company

20 March 2000

Universal Automotive Industries Announces New Internet Subsidiary Company, eParts eXchange

    ALSIP, Ill., March 17 Universal Automotive Industries'
new subsidiary company, eParts eXchange (EPX) combines over
twenty years of established business relationships with eCommerce technology
to create an dynamic automotive aftermarket force for the B2B marketplace.
    EPX will be targeting the traditional aftermarket and national retailers
(public access will be restricted), focusing its efforts on the Commodity,
Surplus and International Trade segments of the market.  Having already built
a Commodity business of over $5 million, the Company believes that the global
leverage of the Internet will allow eParts eXchange to dramatically and
rapidly expand market share.
    Due to industry consolidations, parts proliferation and bankruptcies in
the automotive aftermarket, surplus and excess inventory are growing problems.
Current processes to move these kind of  inventories are inefficient and
deliver little value to the seller.  The Company believes many recent
eCommerce entries in the field are not industry specific and are merely
ineffective electronic bulletin boards.
    EPX will fill the void by combining eCommerce with proven traditional
brick and mortar marketing, and strong alliances with domestic and overseas
buyers.  eParts eXchange will provide a low cost global marketing opportunity
that will provide maximum utilization of existing relationships and offer an
expanded presence to both International and Domestic companies who are
presently confined to their respective areas of operation.
    The site is expected to be up and running by Q3 2000.
    This news release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, which are intended to
be covered by safe harbors created hereby.  Such forward-looking statements
involve known and unknown risks, uncertainties (including those risk factors
referenced in the Company's filings with the Securities and Exchange
Commission), and other factors that may cause the actual results, performance
or achievements of the Company to be materially different from any future
results, performance or achievements of the Company expressed or implied by
such forward-looking statements.