Auteo Media Introduces Online Auto Database
16 May 2000
Auteo Media Introduces One of The Largest Online Auto Databases That Enables Consumers to View Pictures of Car Window Sticker and WarrantySEATTLE, May 16 Washington Auteo Media, Inc. (OTC Bulletin Board: AUTM), a leading provider of point-of- purchase marketing and Internet-based services to the automotive industry announced it has secured a national data-base of over 300,000 vehicles from over 5000 dealerships across the United States. This represents a major breakthrough for the company, which is now growing from a regional marketing presence of one state and 11,000 vehicles on its web site Autoloco.com, to a national presence in all 50 continental states with over 300,000 vehicles. "For increasing Internet driven vehicle sales to our 5000 subscribing dealerships from car buyers and wholesalers nationwide, we anticipate our dealers will be willing to pay us a monthly fee, beginning in third quarter of 2000," says Steve Van Leeuwen, President and Chief Executive Officer. Autoloco.com will become a top automotive portal offering customers one of the largest new and used car selections, informative automotive content, pricing, insurance, financing, credit reports and more. Autoloco.com will be one of the few sites that will allow car shoppers across the country the ability to view a picture of the car, the window sticker and, importantly, warranty information. Autoloco.com will also provide services to its dealerships such as wholesale trades, inventory reports, internet results and e-mail services. The Company plans on having the web site completed in the second quarter of 2000, and are also working towards adapting its popular http://www.bidthatcar.com to the same national database