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eParts Exchange Acquires Members of AutopartsBIN.com

30 November 2000

eParts Exchange Acquires Members of AutopartsBIN.com

    DES PLAINES, Ill., Nov. 30 eParts Exchange, Inc. (EPX), an
emerging B2B global online marketplace for automotive aftermarket parts that
services the $400 billion global automotive aftermarket, has announced that
AutopartsBIN.com will transfer its services to eParts Exchange.
    Effective November 30, 2000, AutopartsBIN.com will transfer the operation
and administration of its AutopartsBIN.com trading exchange to EPX
( http://www.goepx.com ).  "EPX was selected by AutopartsBIN.com because both parties
felt that EPX would provide an enhanced ability for the AutopartsBIN.com users
to successfully buy and sell automotive parts on a worldwide basis," said
eParts Exchange's Chief Technology Officer Dr. Eric Coles (eric@goepx.com).
    Dr. Coles says that the arrangement to assume the membership of the
AutopartsBIN.com marketplace further strengthens the breath and reach of the
EPX market and is a natural part of the consolidation that is occurring in
automotive aftermarket eCommerce businesses.  "Our 20 years of experience in
the aftermarket has been a deciding factor in our success to date on the
Internet and was the key factor in concluding the deal with AutopartsBIN.com,"
said Dr. Coles.

    About eParts Exchange ( http://www.goepx.com )
eParts Exchange, Inc., a subsidiary of Universal Automotive Industries, Inc.,
is a B2B e-Commerce company that provides an online marketplace for worldwide
buyers and sellers of automotive aftermarket parts.  The company's focus is on
marketing Commodity items, Surplus Inventories and emerging company's
products.  eParts Exchange was founded in 1999 and is headquartered in
Des Plaines, IL.

    About Universal Automotive Industries ( http://www.uaiinc.com )
    Universal Automotive Industries, Inc. is headquartered in
Alsip, Illinois and specializes in the distribution and manufacture of brake
parts under its trade names "UBP -- Universal Brake Parts" and "Ultimate
Rotors and Friction".

    This news release contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, which are intended to
be covered by safe harbors created hereby.  Such forward-looking statements
involve known and unknown risks, uncertainties (including those risk factors
referenced in the Company's filings with the Securities and Exchange
Commission), and other factors that may cause the actual results, performance
or achievements of the Company to be materially different from any future
results, performance, or achievements of the Company expressed or implied by
such forward-looking statements.