(BSNS WIRE) AutoTradeCenter.com Inc. To Expand Operations AutoTradeCenter.com Inc. To Expand Operations Business Editors SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jan. 27, 2000--AutoTradeCenter.com Inc. (OTC BB:AUTC) Thursday announced that effective Feb. 1, the company has leased additional office space near its headquarters in Scottsdale. The company plans to utilize the additional space to accommodate an anticipated increase in volume and to create a call center for its vehicle remarketing division. Company President Roger L. Butterwick said, "This expansion is yet another key element in the progression of our commitment to provide enhanced used vehicle remarketing services to our established dealer base, automotive lease companies, banks and financial institutions as our off-lease disposition model moves forward. "We continue to be encouraged by the reception our business model and Internet technology based applications are receiving in all facets of the automotive industry." AutoTradeCenter.com is a 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 United States who can use the site's many features for more efficient buying, selling and trading. The site also is designed to provide large dealership groups a virtual private network internal inventory service through controlled security access. For more information on AutoTradeCenter.com Inc., please visit 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. --30--twt/ix* CONTACT: de Jong & Associates Ron de Jong, 877/943-9065 Fax: 760/943-7164 email: autotradecenter@dejong.org dejong.org KEYWORD: ARIZONA INDUSTRY KEYWORD: AUTOMOTIVE E-COMMERCE INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |