Business Services Industry

Thirteen Major Chicago Auto Dealerships Sign on for Monster Motors Online Auction

Business Wire, Dec 12, 2006

CHICAGO -- Monster Motors, Inc. (Pink Sheets:MRMT) announces thirteen major Chicago area auto dealerships have signed on to auction cars at the Company's ChicagoAutoAuction.com website. The first thirteen dealers to participate in the online auctions are Cadillac of Naperville, Continental Audi, Perillo BMW, Perillo Saab-Lincoln-Mercury, Lexus of Naperville, Lexus of Orland, McGrath Lexus, Continental Acura, Gartner Buick Hyundai Saab, Mazda of Naperville, Gillespie Chevrolet Pontiac, Crossroads Chevy-Buick, and Freedom Auto Depot.

Dan Enright, President, Monster Motors, states, "This is just the first wave of dealers to come onboard. We get the impression that they don't want to miss out on any of the action once the local auction concept catches on. Our Chicago sales staff is in place, and Monster Motors anticipates a significant increase of Chicago automobile listings and dealerships in the coming months."

About The Company

Monster Motors, Inc., www.MonsterMotors.com, is a public online auto auctioneer that facilitates the buying and selling of vehicles from dealers and private parties to the public. The company's immediate focus is the localization of the used car online auction market.

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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