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Dirks & Company Initiates Research Coverage and Strong Buy Recommendation On eAutoclaims.com

26 October 2000

Dirks & Company Initiates Research Coverage and Strong Buy Recommendation On eAutoclaims.com

    NEW YORK, Oct. 26 The following is being issued by
Dirks & Company, Inc., a member of the National Association of Securities
Dealers, CRD number 42185:

    Dirks & Company, Inc., analysts Ray Dirks and Sal Nuccio today have
initiated research coverage and a strong buy recommendation on eAutoclaims.com
(OTC Bulletin Board: EACC).
    The report projects revenues to grow over 1000% this fiscal year to
$18.5 million, $71.5 million next fiscal year and to $144.4 million in fiscal
2003.  Positive revenue trends are validating the model as August came in
10% above forecast to $705,000 and in September, 30% above forecast at
$950,000.
    eAutoclaims.com(TM) Inc. is a pioneering business-to-business Internet
infrastructure company that utilizes the Internet to streamline and lower the
overall cost of automotive repair paid by insurance companies and on
corporately own fleet vehicles.  The company is creating a new online digital
automotive maintenance organization industry within the $23 billion market of
the auto collision claim industry.  eAutoclaims.com Inc(TM) is establishing
itself as the pre-eminent Application Service Provider for the automobile
insurance industry, providing seamless back-end infrastructures that link
thousands of collision repair shops and/or glass repair facilities into a
network.  The company offers a cost effective and highly advanced
"Bricks to Clicks (TM)" Internet Claims System for the processing and ultimate
repair of damaged vehicles filed as insured auto claims and by self-insured
fleets.  eAutoclaims.com(TM) Inc. generates revenue from administrative fees
and discounts earned by processing collision & glass work through its system.
    No statement or expression or opinion or other matter herein contained is,
or is deemed to be, directly or indirectly, an offer or a solicitation of an
offer to buy or sell the security referred above.  The information contained
herein is taken from sources believed to be reliable, but its accuracy cannot
be guaranteed.  There can be no assurance that future recommendations by those
sources will prove profitable or equal the performance of past
recommendations.  The principals and employees of Dirks & Company, Inc., may
trade in securities mentioned herein subject to self-imposed restrictions;
such affiliated person may at any time hold positions in issues recommended
within this publication.

    CONTACT:  Sal Nuccio of Dirks & Company, Inc., 800-774-0778.