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parts.com's Chairman to be Featured Live on AOL MarketTalk Produced by Sage

18 April 2000

parts.com's Chairman to be Featured Live on AOL MarketTalk Produced by Sage

    SANFORD, Fla.--April 18, 2000--parts.com, Inc. (stock symbol:MIRM), a leading real-time business-to-business e-commerce parts exchange, today announced that its Chairman, President and Co-CEO, Shawn D. Lucas, will appear as a guest on AOL's (NYSE:AOL) MarketTalk produced by Sage (AOL Keyword: MarketTalk) tomorrow, April 19, 2000 at 1:00 p.m. (EST). The live event will last for 20 minutes, throughout which Lucas will answer questions posted live from Sage Online's audience. (For AOL members only)
    Sage Online is a subsidiary of Multex.com, the Internet's leading financial e-marketplace connecting buyers and sellers of financial services and information. Sage was founded by Co-Presidents Alan and Stephen Cohn, who were recognized by the Wall Street Journal and SmartMoney magazine as one of the top 10 most influential forces in the mutual fund industry. Alan and Stephen are authors of The Sage Guide to Mutual Funds book.

    About parts.com

    parts.com provides a business-to-business e-commerce solution for the $600 billion auto parts industry. The site creates value for participants throughout the supply chain, including manufacturers, distributors and parts buyers, as a result of its unique, direct business model which eliminates a number of inefficient links in the supply chain inherent in the auto parts business. parts.com's technology and logistics plan enables parts suppliers to deliver their product more quickly and cost-effectively than through traditional distribution channels. parts.com was officially launched on January 23, 2000 at the National Automobile Dealers Association's (NADA) annual conference in Orlando, Fla.

    (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, as well as other risks.)