Auteo Media Successfully Completes the Acquisition of its Assets to the Trader Publishing Company.

Business Editors & Automotive Writers

SEATTLE--(AutomotiveWire)--July 19, 2002

Auteo Media, Inc. (OTCBB:AUTM), announced today the successful completion of the sale of the assets of the Company's data collection business to Trader Publishing for $1.5 million dollars.

"We are pleased for our company and for our shareholders who should benefit from this sale," stated Steve Van Leeuwen, chairman of the board.

Cautionary Statement: 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 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. More information about such risks and uncertainties are 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.