Press Release

Own Your Very Own eBay Motors-Style Auction Site

SAN DIEGO, April 24, 2003 -- CalCruising (www.calcruising.com), the world's second largest online auction site for collector cars, announces an exciting new program for classic and custom car enthusiasts, dealers and collectors. As of April 16, 2003, CalCruising is licensing a select group of businesses to use their powerful auction system and fully loaded member base of nearly 10,000 users. If you have always wanted to have your own classic car auction business, but don't have $10M to spend, then this is the next-best solution.

CalCruising is looking for a handful of companies to participate with them in a unique license agreement to build other areas of the country that they do not reach. Over the last four years CalCruising has created a national database and auction package that is truly the envy of the collector car industry. Since CalCruising's focus is Southern California, they have decided to let other companies take advantage of their auction package by focusing on cars within different regions, both nationally and internationally.

According to president and founder Michael Schriner, "Since inception in 1999 we have registered thousands of car collectors into our CalCruising auction site. These first-time buyers, collectors, and enthusiasts represent the best online car buyers. Our members have already bid over $172,000,000 since opening."

In addition, Schriner goes on to say, "CalCruising Auctions took millions of dollars to build and develop into a successful auction company. Over 200 companies have tried and failed. Our database is second only to eBay Motors. If you have always wanted to build a collector car business then this is the best opportunity you will ever have. If you are a local dealer or collector you can instantly have a national and international auction business that is your very own."

CalCruising has generated hundreds of thousands of dollars in commissions from their online auction site. Licenses at CalCruising start at $50,000 for a complete turn-key operation. CalCruising will also offer annual upgrades to load new members and software modifications into licensees sites. You will now have an easy-to-use auction site with nearly 10,000 car collectors ready to bid on your vehicles and other items. This package can be combined with your current operations to make a very powerful car site.

Why sell your cars anywhere else on the Internet, including eBay Motors, when you can now successfully sell your cars within your own online auction site. You can control your own auctions and build value in your business at the same time.

CONTACT:

CalCruising, Rancho Santa Fe
Mike Schriner, 858/759-8659
president@calcruisingauctions.com
http://www.CalCruising.com

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