AutoTradeCenter.com, Inc. Expands Operations to Northwest.SCOTTSDALE, Ariz.--(BUSINESS WIRE)--July 21, 1999-- AutoTradeCenter.com Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AUTCE) announced today that it has completed an acquisition that will open the company's operations in the Northwestern United States Noun 1. northwestern United States - the northwestern region of the United States Northwest western United States, West - the region of the United States lying to the west of the Mississippi River and will absorb the activities previously provided by the company's Alaska operations. Auto Network Group of Northwest, Inc. is geographically positioned to serve the Tacoma, Seattle, Boise, Anchorage Anchorage (ăng`kərĭj), city (1990 pop. 226,338), Anchorage census div., S central Alaska, a port at the head of Cook Inlet; inc. 1920. and Salt Lake City markets. Mike Stuart Mike Stuart (August 31, 1980) in Rochester, Minnesota is a professional ice hockey player who currently plays defense for the National Hockey League's St. Louis Blues. He was drafted by the Nashville Predators in 5th round, 137th overall in the 2000 NHL Entry Draft , President of AutoTradeCenter.com, Inc., stated, "We are pleased to have Mr. Jim Bruce join our organization as President of Auto Network Group of Northwest, Inc. Jim has earned an excellent reputation during his many years of experience in the auto industry. We are confident that his talents will provide the necessary leadership to create a substantial presence in the northwestern markets." AutoTradeCenter.com, Inc. is a leading Internet-based "business-to-business" automotive wholesale and re-marketing company. On its web site, www.autotradecenter.com, the company markets its service to its national dealer base, to automotive lease and rental companies, and to banks and financial institutions across the U.S. 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 www.autotradecenter.com. Statements regarding financial matters in this press release other than historical facts are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of section 27 A of the Securities Act of 1933, Section 21 E of the Securities Exchange Act of 1934, and as that term is defined in 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. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. |
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