AutoTradeCenter.com Selects Advisory Board
11 September 2000
AutoTradeCenter.com Selects Advisory Board
Business Editors/Automotive WritersSCOTTSDALE, Ariz.--Sept. 11, 2000--AutoTradeCenter.com Inc. (OTC BB: AUTC) announced today that it has selected an Advisory Board comprised of automobile industry, financial and technology expertise to assist the Company in strategic planning.
Company president Roger L. Butterwick said, "I am honored to have the opportunity to work with this talented group of business advisors. As we move forward, I'm confident this Advisory Board will challenge me, as well as our entire management team to perform at even higher levels. We have achieved a leadership position in our industry by combining technological innovation with proven remarketing techniques and exceptional service. The results to date speak for themselves. We intend to remain in this leadership position and the assemblage of this advisory board demonstrates our commitment to excellence.
Our company is poised for explosive growth. As we enter this next phase of our corporate development, we will avail ourselves of every available resource. Mental capital - as I call it - is the main resource to drive an organization to its maximum potential. I look forward to the Advisory Board's input and accept its challenges with enthusiasm."
Advisory Board Members:
John (Jack) Houck - Mr. Houck is a 35-year veteran in the automotive financial services industry. He retired in 1999 from Toyota Motor Credit as Manager of the Phoenix branch office which serviced Arizona, New Mexico and southern Nevada. He led the branch to achieve the highest performance ratings within Toyota Motor Credit. Prior to joining Toyota, Mr. Houck spent over 20 years with Ford Motor Credit. Mr. Houck serves as a director of Credit Data Southwest.
James Kaiser - Mr. Kaiser is Chairman, CEO and a director of Avenir Partners, Inc., a franchised automobile dealership, and President of Kaiser Services, LLC. He retired as President, CEO and director of Quanterra Incorporated, a subsidiary jointly owned by Corning Incorporated and International Technology Inc. Mr. Kaiser is a director of Stanley Works , Sunoco Inc. , The Mead Corporation , and an advisory board member of IB Net, Ltd.
David Livingston - Mr. Livingston is Managing Partner of The Corporate Development Group, a firm bringing to mid-market companies a blend of corporate development and investment banking services. Previously, Mr. Livingston spent over 20 years in the commercial banking industry where he was Chairman, CEO and director of First National Bank of Albuquerque. During his career, Mr. Livingston has served on numerous boards for corporate, civic and charitable organizations.
R. Gary McCauley - Mr. McCauley is an entrepreneur who has owned numerous franchised automobile dealerships in the southwestern United States and has real estate holdings throughout the country. In recent years Mr. McCauley has been involved in several growth-oriented technology companies as an investor and director.
L. David Sikes - Mr. Sikes is Chairman, CEO of Ramtron International Corporation , a specialty semiconductor company. Prior to joining Ramtron in 1992, Mr. Sikes was President and CEO of the U.S operations of ASM International, Vice President for Motorola, Inc. Semiconductor Product Sector, and held management positions with National Semiconductor and Eastman Kodak Company.
A. Marvin Strait - Mr. Strait practices as a certified public accountant specializing in litigation support consulting with a focus on business valuations. He is retained by some of the most prestigious law firms in the country. Mr. Strait is a past Chairman, Board of Directors, of the American Institute of CPAs, the highest position bestowed upon a member of the accounting profession, and recipient of the AICPA Gold Medal for Distinguished Service. He is a director of Whitman Education Group, Inc. (AMEX:WIX), Colorado Technical University, and Western National Bank, and has held leadership positions in numerous civic and community organizations throughout his career.
AutoTradeCenter.com is the leading Internet-based "business-to-business" automotive wholesale and remarketing company. On its Web site, www.autotradecenter.com , the Company markets its services to its national dealer base, to automotive lease and rental companies, and to banks and financial institutions across the U.S. who can use the site's many features for more efficient buying, selling and trading.
The Company also owns the Web site www.tradeincarsonline.com through its subsidiary BusinessTradeCenter.com Inc. TradeInCarsOnline is the first Web site to allow a consumer purchasing a new vehicle online to receive a firm purchase bid on his trade-in vehicle.
For more information on AutoTradeCenter.com Inc., please visit www.autotradecenter.com .
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.