DriveOff.com President to Keynote eAuto 2000 Conference in San Francisco
20 April 2000
DriveOff.com President to Keynote eAuto 2000 Conference in San Francisco; Michael Kranitz to Address the Future of Automotive E-CommerceDENVER, April 20 Automotive e-commerce company, DriveOff.com, today announced that the company's president, Michael Kranitz, will deliver the keynote address at next week's eAuto 2000 conference in San Francisco. Kranitz's presentation will headline the conference featuring presentations by additional industry leaders including e-GM, Ford Motor Company and America Online. "The amount of competition in this market has caused immense confusion within the automotive industry," said Michael Kranitz, president of DriveOff.com. "eAuto 2000 will clarify how the Internet can enhance the buying process and provide value for consumers, dealers and the industry as a whole." Jupiter Communications projects that Web sites will generate 62 thousand vehicle transactions this year and be responsible for more than 1.3 million transactions in 2004. Given this growth, dealers, manufacturers, financial institutions and collateral industries are searching for the partnerships and technology that will help them thrive. "Over the past few years, dealers and consumers have been bombarded with scores of Internet companies claiming to bring vehicle sales into the Internet age," said Kranitz. "These services have been met with varying degrees of resistance from the automotive industry and consumers. Only those companies that can effectively integrate Internet technology and the existing infrastructure will succeed." eAuto 2000 will educate automotive executives on how to use the Internet to turn their online businesses into profit centers. Kranitz's presentation will identify automotive industry trends and how dealers, manufacturers and financial institutions can succeed online. The conference will take place at the Fairmont Hotel in San Francisco on April 27 and 28. Attendees can register by calling 800.882.8684 or visiting http://www.iqpc.com. About DriveOff.com Inc. DriveOff.com Inc. is an automotive e-commerce company that provides 100 percent online automotive Web sites for financial institutions, membership organizations and employers. The company's flagship Web site, http://www.driveoff.com, allows consumers to complete their entire vehicle transaction online. DriveOff.com Inc., based in Denver, is a subsidiary of e-business solutions and services provider, Navidec Inc (Nasdaq: NVDC). All statements in this press release, other than historical facts, are forward looking statements. These statements are based on certain assumptions and analyses made by Navidec in light of its experience and its perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. Such statements are subject to a number of risks and uncertainties, including general and economic business conditions, demand for automobiles, competition from other automotive online services, market acceptance of its online automotive solutions and other risk factors indicated from time to time in Navidec's filings with the Securities and Exchange Commission. Those filings are available online at http://www.freeedgar.com.