Autoweb.com Announces Internet's Most Lucrative Affiliate Program.

SANTA CLARA, Calif.--(BUSINESS WIRE)--June 12, 1998--Autoweb.com (http://www.autoweb.com) has created an exciting revenue-sharing program from which any Web site can benefit.

Each Autoweb.com affiliate will receive $2 from Autoweb.com for every new- or used-car purchase request which originates at the affiliate site, and $5 for every private classified ad generated from the participating Web location when they feature banners and hyperlinks to the Autoweb.com site.

Autoweb.com created this program to allow qualified Web sites to take advantage of the company's incredible growth. Through Autoweb.com's lucrative revenue-sharing plan, these sites can now easily participate in Autoweb.com's success and reap the benefits of consumer interest in online car buying and selling. Affiliates participate in the program simply by creating a hot link to Autoweb.com.

"Our new affiliates program offers a huge opportunity for any qualified site on the Web to take advantage of the immense stream of sales going through Autoweb.com on a daily basis," explained Payam Zamani, co-founder and executive vice president of Autoweb.com.

"No site is too big or small to participate. This is a great way for any commerce, information or navigation destination to benefit. Our affiliates program represents how an effective electronic commerce model can work across the Internet," Zalmani added.

Autoweb.com already has partnerships with companies such as USA Today, Kelley Blue Book, and Car and Driver Online. With its new affiliate revenue plan, the company is building business opportunities for other qualified Web sites as well.

Given that approximately 16 percent of the U.S. population purchases a new or used car each year (J.D. Power and Associates), and 36 percent of all adults (69 million Americans) are now using the Internet (Gilder Technology Report), a significant portion of consumers surfing the Web will have a high interest in making an automotive purchase online.

Added Zamani, "Given these figures and trends, it makes good sense for all sites to capture a piece of the Autoweb.com market."

Founded in November 1994, Autoweb.com (http://www.autoweb.com) is the leading online brand for new and used cars, where informed, motivated buyers are put in touch with an exclusive network of the highest-ranking dealers in the United States and Canada.

Consumers overwhelmingly named Autoweb.com the best car-buying service on the World Wide Web, according to a recent poll by USA Today/Intelliquest. The company has several strategic partnerships and affiliations with industry leaders such as Yahoo!, State Farm Insurance, NationsBank, C/NET's Search.com, Netscape Communications, Lycos, and Car and Driver Online. Autoweb.com is also a seven-time recipient of PC Magazine's "Hot 100 Web Sites" award.

For more information, contact Autoweb.com, 3270 Jay St., Building 6, Santa Clara, Calif. 95054. Telephone: [phone], Fax: [phone], Email: [e-mail].

CONTACT: Autoweb.com, Santa Clara

Anita Corona, 408/554-9552, [e-mail]

or

Fleishman-Hillard, Los Angeles 

Jamie Ludowitz, 213/629-4974, [e-mail]