To: David Su who wrote (63680 ) 3/23/1999 9:11:00 AM From: 2MAR$ Respond to of 119973
SOURCE: Navidec Inc. Navidec's Auto Web Sites Generating One Purchase Request Every Three Minutes Automotive Network Generates More Than 10.5 Million Page Views in Last 30 Days DENVER, March 23 /PRNewswire/ -- Auto buyers visiting Navidec Inc.'s (Nasdaq: NVDC - news) network of online auto buying web sites submitted more than 14,000 purchase requests for new or used vehicles in the past 30 days. In addition to processing one purchase request every three minutes, the company's automotive web sites generated more than 10.5 million page views in the same period. Navidec's network of automotive web sites include USWheels.com -- the national network of regionally based auto buying web sites, CarWizard.com, LeaseSource.com, CBS.CarWizard.com. Additionally, the company provides automotive content to Internet portals including Excite, Netscape Netcenter and WebCrawler. ''With the increasing consumer recognition of Navidec as a leader in the online automotive industry, our automotive solutions are just beginning to show the first signs of the strong growth we anticipate from them,'' said Ralph Armijo, president and CEO of Navidec. Forrester Research reports that in 1998, more than two million consumers used the Internet in new car purchases and predicts this number will reach almost eight million by 2003 when an estimated half-million new vehicles will be purchased entirely online. Navidec Inc., based in Englewood, Colorado, is a leading national provider of products and solutions that use web-based technologies to achieve its customers' business objectives. From commercial web site development to the design and implementation of intranet and extranet applications and tools, Navidec helps customers develop successful online solutions. Navidec's premier vertical market focus is on the automotive industry with its USWheels.com, CarWizard.com and LeaseSource.com web sites. Navidec partners with Bank One and regional media outlets to produce USWheels.com web sites in markets nationwide. The company's web site address is www.navidec.com.