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To: Alpha and Omega who wrote (4)	5/12/1998 3:08:00 PM
From: IPOJunkie	Respond to of 94

A and O, Thanks for dropping in. I was getting lonely. I'm not aware of any news at present. We'll just have to wait and see. RS

To: Alpha and Omega who wrote (4)	5/13/1998 3:11:00 PM
From: IPOJunkie	Read Replies (1) \| Respond to of 94

Yes, NEWS! Wednesday May 13, 7:31 am Eastern Time Company Press Release SOURCE: Auto Network USA Auto Network USA to Open Albuquerque Facility SCOTTSDALE, Ariz., May 13 /PRNewswire/ -- Auto Network USA (OTC Bulletin Board: ANWK - news), the fastest-growing publicly-held wholesaler of used luxury automobiles in the country, announced today that it has formed a wholly-owned subsidiary, Auto Network USA - New Mexico, marking its entry in the fast-growing Albuquerque market. The New Mexico operation is expected to be immediately additive to earnings and is part of the Company's strategy to consolidate the highly-fragmented automobile wholesaling industry in strategic markets throughout the country. ''This is the first step in our strategy to roll-up the automobile wholesale industry nationwide,'' said Mike Stuart, Auto Network's President and CEO. ''The Albuquerque facility will serve as a beta-site for our national consolidation strategy and will create the pattern by which we develop additional sites across the country. The management team we are integrating has a solid reputation in the automotive industry and we will rely heavily on their expertise in developing this dynamic market.'' ''Based upon the Albuquerque market, we expect this unit to add roughly $15-20 million in revenues to Auto Network this year,'' said Mark Moldenhauer, vice president of corporate development for Auto Network USA. ''We have been doing business in New Mexico for some time, and this move was a natural fit.'' Auto Network USA is a wholesaler of used luxury automobiles, providing new car dealers with an alternative to the auto auctions by purchasing and re-selling trade-in vehicles. The Company is capitalizing on the billion-dollar wholesale market by focusing operations in strategic segments of the country. The Company has been profitable since it began operations. The Statements included in this press release may constitute forward- looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which would cause or contribute to such differences may include but are not limited to factors which may be detailed in Securities and Exchange Commission filing; downturns in the company's primary markets; disruptions to the company's operations and from acts of God. SOURCE: Auto Network USA