PROFITABILITY AND POSITIVE CASH FLOW BROUGH BACK TO THE INTERNET BY MUSCLECARS

Musclecarsnparts.com an online website for muscle cars and parts offers an auction, an online store and soon to be opened - a classified section for the muscle car enthusiast- both buyer and seller. Furthermore, this site is profitable!!

FOR IMMEDIATE RELEASENEWS RELEASE For further information contact:             Carl Urbin at Network Communications Media             818-377-5085 or 818-243-0539             Email: curbin@musclecarsnparts.comOLD SCHOOL PROFITABILITY AND POSITIVE CASH FLOW BROUGHT BACK TO THE INTERNET BY MUSCLECARSIn the wake of the recent downturn of dotcoms, a new company has taken the tried and true wisdom of traditional business- namely profitability and positive cash flow- and applied it to the Internet; following and sharing the viewpoint of Idealab CEO Bill Gross, who in a recent interview with the LA Times said prove that you can become profitable first and then grow".Musclecarsnparts.com is an online auction site dedicated to the Performance Car Niche Market, which grossed over $21.1 billion in specialty aftermarket equipment retail sales alone in 1998.The Automotive Industry is ‘hot on the Internet, as evidenced by the following:·   According to the Forrester Group, Automotive Sites rank #2 of the fastest growing category of
websites on the Internet.·   According to JD Power and Associates, the US online used car market will jump from less than 3% in 1999, to almost 40% in 2004.·   IDC estimates that revenues for the used car market online will accelerate from $10 billion in 1999 to more than $164 billion in 2004.·   Ebay, one of the most successful Websites on the Internet, having pioneered the auction format, grossed over $5 billion in total sales traded on the site in 2000, after only 4 years in operation. They have recently added an automotive section.·   During the past year, according to JD Power, the number of people who have found their car through newspaper classified has decreased while the number of people finding their vehicle through the Internet has doubled.·   There are currently tens of thousands of Performance Car Clubs listed on the Internet.In a recent interview with syndicated columnist Jane Applegate, released in the Los Angeles Business Journal and CNN Online, CEO Michael Ash stated No one whos seen our business
plan has turned it down…"Ash, an avid Mopar enthusiast himself, has extensive automotive related management experience from over 10 years of running his own companies selling, Chrysler, Dodge and Plymouth cars and parts both on and off the Internet. Furthermore, he brings substantial sales and marketing experience from his years in the Marketing Division at the Fortune 500 Company – Executive Software.Our goal is profitability first," says Ash. We anticipate immediate cash flow, with profitability in less than 8 months".Musclecarsnparts.com is a start up company currently seeking investors in its first round of funding. We are the new ebay for the Performance Car Niche Market" explains Ash, and we are ready to burn rubber on the Digital Highway to new levels of profitability and growth".                                                                    # # #