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carspecs.com signs MSN CarPoint as Canadian Client

12 July 2000

carspecs.com signs MSN CarPoint as Canadian Client 
    TROY, Mich., July 12 carspecs.com, a global supplier of
online automotive data, announced that they have signed an agreement with MSN
CarPoint Canada to provide carspecs.com's data in both English and French.
    carspecs.com offers the most up-to-date and comprehensive vehicle pricing
and specifications in the industry today, collecting data from more than 35
countries, in 21 languages.  Access to this extensive database will allow MSN
CarPoint to provide consumers in Canada with vehicle information that is
locally relevant and accessible in their native language.
    CarPoint Canada is scheduled to launch later this fall and will serve as
the new Auto Channel for MSN.CA, which draws approximately 2.2 million unique
consumers each month.
    "We chose carspecs.com as our online data partner to support our
commitment to provide the most comprehensive local content for consumers to
make informed car buying decisions," said Marc Lachapelle, Editor, MSN
CarPoint Canada.  "carspecs.com's great depth of content will help us provide
the growing number of online car-buying consumers in the market with
information to find the best vehicle for their wants and needs, at a price
they can afford."
    "We are excited to offer our data to MSN CarPoint for their Canadian
expansion," says David Mingle, CEO of carspecs.com.  "MSN CarPoint has become
a leader in the online automotive selling market by providing stellar services
to their customers and dealers, and we are proud to be named as part of the
team."

   About CarPoint
   Launched in October of 1995, CarPoint (located at http://www.carpoint.com/)
is the leading online automotive marketplace, visited by more than 6 million
consumers each month.  From product reviews and surround video features to new
and used car pricing, CarPoint helps consumers find the car they love, at a
price they can afford.  With details on more than 10,000 car models and
100,000 used vehicles, visitors can research and compare cars of virtually
every make and model, identify local dealers, and receive instructions for
post-purchase service and maintenance.  With the planned acquisition of
DriveOff.com, CarPoint will have a network of more than 5,000 affiliated
dealers nationwide.  CarPoint generates more than $650 million in auto sales
each month, and is exclusively endorsed by the American International
Automobile Dealers Association.

    About Microsoft
    Founded in 1975, Microsoft is the world leader in software,
services and Internet technologies for personal and business computing.  The
company offers a wide range of products and services designed to empower
people through great software -- any time, any place and on any device.

    About carspecs.com
    carspecs.com is an online data resource for vehicle specifications.
Launched in the U.S. in April, 2000, carspecs.com has contracts with
automotive suppliers, financial institutions and Internet buying services
globally.  Working with technology partners around the United States,
carspecs.com can help clients develop a fully integrated, easy to maintain
website, while providing the most up-to-date vehicle specifications, pricing
and incentive information in the industry through an exclusive agreement with
JATO Dynamics, the leading global automotive data research organization of its
kind.

    For more information, please visit http://www.carspecs.com , or contact them via
email at sales@carspecs.com .