Autobex Launches New e-Commerce Site for Automotive Retail and Service Industries; AutobexPowerBuys.com Is Convenient Source for Deals On Automotive Related Supplies and Parts

2 October 2000

Autobex Launches New e-Commerce Site for Automotive Retail and Service Industries; AutobexPowerBuys.com Is Convenient Source for Deals On Automotive Related Supplies and Parts

    FORT LAUDERDALE, Fla.--Oct. 2, 2000--Autobex.com today announced the launch of AutobexPowerBuys.com, an e-Commerce site dedicated to delivering special deals, bargains and power buys on automotive related supplies and parts to businesses in the automotive retail and service industries.
    "Our mission is to track down and deliver the best available deals in the country on the goods and services that automotive professionals use everyday to run their business," said Mike Burton, General Manager of AutobexPowerBuys.com. "Our buying power gives us the leverage to provide pricing that individual business owners could never achieve on their own."
    The deals on the new e-Commerce site will change regularly to reflect seasonal demand and availability of merchandise. AutobexPowerBuys.com accepts credit cards, offers free shipping and does not require membership.

New Site Expands Coverage, Opens Partnering Opportunities

    The new e-Commerce site expands Autobex's presence in the automotive retail and service industries and establishes a platform for partnering with other automotive e-Businesses.
    "Not all buyers require the full e-procurement functionality of our flagship site Autobex.com," said Phil Carter, CEO. "Many automotive professionals just want access to a rotating selection of great deals and for them we've created AutobexPowerBuys.com."
    "AutobexPowerBuys.com also gives us a portable and convenient way to deliver a credit card-based marketplace on an affiliate or co-branded basis to other automotive related websites," added Carter.

About Autobex

    Autobex.com, Inc. is the leader in supply chain e-commerce solutions for the automotive industry. Providing e-Content Engineering, e-Market Construction and e-Market Operations services, Autobex.com enables automotive industry suppliers, retailers, service centers and fleet operators to rapidly leverage the power of electronic commerce to improve both productivity and profitability. Ft. Lauderdale-based Autobex.com, Inc. operates two e-Marketplaces serving the automotive industry including www.autobex.com, and www.autobexpowerbuys.com. Autobex.com is backed by Draper Atlantic. Contact Autobex.com at 954/578-8044 or via the Internet at www.autobex.com.