Auteo Media Announces Expansion of Executive Team.Business Editors & Automotive Writers SEATTLE--(AutomotiveWire)--Sept. 4, 2001 Auteo Media, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AUTM AUTM Association of University Technology Managers AUTM Authorised Unusable Time (Loran-C System) ), a leading provider of communication and development solutions for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , today reported expansion of its Executive Management Team. Ron Clayton was promoted to serve as the President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the Company. Steve Van Leeuwen will continue his roles as the Chairman and Chief Executive Officer. "Promoting Ron as an executive manager will help prepare our company and provide leadership in this period of accelerated growth," stated Steve Van Leeuwen, Chief Executive Officer of Auteo Media. Mr. Clayton successfully founded and built NWCarnet into one of Washington's premier automotive software Automotive software is a software driving a microcontroller within automobiles. These microcontrollers are usually specific to automotive applications usually containing integrated bus transceivers interfaces for bus systems like LIN, CAN, MOST, LAN among others. and web development companies before its acquisition by Auteo Media. He studied Accounting and Civil Engineering at Washington State University Washington State University, at Pullman; land-grant and state supported; chartered 1890, opened 1892 as an agriculture college. From 1905 to 1959 it was the State College of Washington. . "Ron's 15 years of operational management, IT development and Internet marketing See Internet advertising. is tailor made for the needs of Auteo Media," said Van Leeuwen. The Company has previously reported accelerated growth in revenues and gross profits. Additionally, it is experiencing greater acceptance of its new products from its existing customers. Steve Van Leeuwen will increase his responsibilities in areas of business development, acquisitions and shareholder relations, as Ron Clayton assumes Mr. Van Leeuwen's current operational and financial duties. "We are seeking to methodically move forward, building a company that not only dominates automotive communications on the West Coast but across the country," said Van Leeuwen. Auteo Media, Inc., is a recognized pioneer and innovator in the automotive information industry, offering powerful solutions based on a suite of e-business systems including digital data collection services, customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) applications, Web site development and hosting, and e-commerce applications tools. Headquartered in Seattle, Washington, Auteo (OTCBB:AUTM) develops and markets products, technologies, and services for the automotive dealer, their sales personnel and commerce departments markets along the West Coast. Since our beginnings in 1997, we have partnered with our clients to become a total communication solution for their sales and marketing teams so they may better serve customers like you. Visit www.auteo.com for current information. CAUTIONARY STATEMENT: NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). has neither approved nor reviewed the information contained herein. Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential" or "continue," as well as the negative of these terms or other terminology. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could affect Auteo Media's actual results could be influenced by certain risk factors. More information about such factors is included in Auteo Media's most recent annual report on Form 10K. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. Auteo Media undertakes no obligation to update any forward-looking statements. |
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