AutoTradeCenter.com Clarifies Temporary Trading Symbol Modification.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--July 8,1999--

AutoTradeCenter.com Inc. (OTC BB:AUTC) will have a temporary trading symbol of AUTCE effective July 8, 1999.

The "E" extension to the Company's trading symbol is assigned by the NASD for monitoring the Company's progress in fulfilling the compliance with the new OTCBB eligibility rule.

As previously reported, the Company took positive steps toward complying with the new rules in filing its S-1 Registration with the Securities and Exchange Commission on May 17, 1999. Comments have been received from the SEC and the Company is responding positively to these comments through an amendment to be filed with the SEC during the week of July 12, 1999.

This amendment will include a copy of the Company's audited year-end financial report, which was recently completed. Management and legal counsel are confident that all compliance matters will be met in a timely manner.

AutoTradeCenter.com 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, please visit www.AutoTradeCenter.com.

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act 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 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.