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First Priority Group Shareholders Approve New Name, Additional Shares and $10 Million Equity Funding

19 October 2000

First Priority Group Shareholders Approve New Name, Additional Shares and $10 Million Equity Funding

                 Nasdaq Decides That Company Is in Compliance
                   With Requirements for Continued Listing

    PLAINVIEW, N.Y., Oct. 19 First Priority Group, Inc.
reported today that Nasdaq has terminated its delisting action
against the Company in the wake of the Company's successful annual meeting,
which was held October 2.  As a result, the Company will be allowed to
continue its listing on the Nasdaq SmallCap Market.
    At the annual meeting, shareholders overwhelmingly elected FPG's four
directors to new, staggered terms, voted to change the Company's name to
driversshield.com Corp., and approved a common stock purchase agreement that
will provide the Company with $10 million in funding in the form of an equity
line.  They also voted to expand the number of authorized shares of common
stock from the present 20 million to 30 million to accommodate the stock
purchase plan.
    Nasdaq notified First Priority Group on August 15 that it would delist the
Company's common stock on August 24 because the Company had failed to hold an
annual meeting as called for in Nasdaq's listing requirements.  The Company
requested a hearing before Nasdaq's Listing Qualification Panel, thereby
staying the actual delisting, and announced that its annual meeting would be
held on October 2, 2000.
    The Company reported that it had delayed its annual meeting to avoid the
additional expense of having multiple meetings in a single year, since there
were several pending actions and transactions that would require shareholder
approval, including the stock purchase plan and the corporate name change.
    The Nasdaq panel concluded after the annual meeting that the Company was
now in compliance and terminated the delisting action.
    "We have made real progress in building the business and increasing our
profitability," said Barry Siegel, Chairman and CEO of First Priority Group.
"We are hopeful that our stock price will soon begin to reflect that progress.
We are profitable now, we will be reporting much stronger profitability for
the third quarter -- giving us three profitable quarters in a row -- and we
expect to finish the year comfortably in the black, earning several cents per
share.  We anticipate profits in seven figures for 2001.
    "We can only assume that current market conditions are contributing to our
current low stock price," Siegel said.  "Going from a loss of $.24 per share
in 1998 to reporting a profit of several cents a share two years later, with
significant gains in our new business units, would indicate that we should
have a market capitalization well above the $10 million the market has given
us lately.
    The Company's growth potential has never been better, and we are
outperforming most new emerging growth companies.  Over the next 36 months, we
expect our sales to exceed a $200 million annual rate."
    The new corporate name, along with a new stock symbol, will go into effect
in a few days, said Siegel.  The Company's subsidiaries will be renamed as
well to reinforce their continuity with the driversshield.com brand.  National
Fleet Service will become driversshield.com FS (Fleet Services); the Internet-
oriented driversshield.com unit will become driversshield.com CRM (Customer
Relationship Management), and the Auto Discounts and Services Program will
become driversshield.com ADS (Auto Discounts and Services).
    This announcement contains "forward-looking statements."  Words
"anticipate," "believe," "estimate," "expect" and other similar expressions as
they relate to the company and its management are intended to identify such
forward-looking statements.  Although the company and its management believe
that the statements contained in this announcement are reasonable, it can give
no assurances that such statements will prove correct.  Factors that could
affect the occurrence of events or results discussed herein are included with
those mentioned in the company's filings with the Securities and Exchange
Commission.