Market Pulse Breaking News Alert for Tuesday, August 3, 2004: AOCP -- Automotive Capital Group, Inc. Agrees to Finance Deal With Major Chandler, Arizona Auto Dealer With Sales of $7,000,000 Per Year!

Market Wire, August, 2004

Market Pulse News Alert for this AM, Stocks to Watch are: Automotive Capital Group, Inc. (OTC: AOCP), Cox Communications Inc. (NYSE: COX), Auction Mills Inc. (OTC: AUML), and LaJolla Pharmaceutical Co. (NASDAQ: LJPC).

Investors need to be watching Automotive Capital Group, Inc. (OTC: AOCP) this AM! Automotive Capital Group is an automotive holding company. Automotive Capital Group announced the opening of an eBay Store to further market its Navicom system. Navicom's goal is to become the market leader of wireless security/anti theft solutions using Global Positioning System (GPS) technology for automobile, motorcycle, motor-home, and trucking companies. Navicom GPS will offer finance companies asset collateral monitoring devices for the $25 billion dollar sub-prime automobile market. These solutions include automobile tracking, auto disable/enable capability through Internet, and point and click auto repossession. The company's website is www.NOWGPS.com and www.GPSStation.com. Automotive Capital has had several excellent news announcements out lately and one again before today's bell regarding the dealer's expectations of gross sales contracts to be in the range of $7,000,000 per year! Investors need to be watching this one closely!

Automotive Capital Group, Inc. (OTC: AOCP) today announced a major financing agreement with a Chandler, Arizona Auto Dealer to supply the financing for auto sales. The dealer expects gross sales contracts to be in the range of $7,000,000 per year. Colfax Financial, which is being acquired by Automotive Capital Group Inc., has already begun financing new automotive contracts for the Chandler Dealer. Automotive Capital Group, Inc. and Colfax Financial offer a unique financing program for auto dealers. The program is unique because Automotive Capital Group, Inc. keeps significant collateral on auto loans that minimizes the risk at the same time charging high interest rates. The rate of default is low with this program because the collateral involved makes it almost 100% secure.

Automotive Capital Group, Inc. also announced that the dealer is expecting to purchase 80 Navicom units each month. Navicom is a market leader in Wireless GPS technology and is being acquired by Automotive Capital Group, Inc.

This announcement is significant because sub-prime auto dealers are beginning to shift their finance programs to company's like Automotive Capital Group, Inc. Dealers have a tough enough time getting sub-prime buyers approved with conventional banks. ACGI can approve almost any buyer for auto loans. The company believes more auto dealers will switch finance programs to those like Automotive Capital Group, Inc. because they can sell more cars. Some dealers have an average rate of 20-30% of people who can't get approved for vehicle loans.

Automotive Capital Group, Inc. is carving out a niche market in a 25 Billion Dollar sub-prime automotive finance industry. Major Banks generally refuse financing automobile dealers in the sub-prime market and focus on financing individual loans. Automotive Capital Group, Inc. is establishing a program that will fill a financing void in this industry.

Last week, Automobile Capital Group, Inc. provided guidance for fiscal 2005 indicating that it currently targets revenue in a range of $8 to $10 million with earnings of $0.30 per diluted share.

Dealers interested can visit the website at www.AutoCapitalGroup.com.

Stocks acting well as of late include: Cox Communications Inc. (NYSE: COX), Auction Mills Inc. (OTC: AUML), and LaJolla Pharmaceutical Co. (NASDAQ: LJPC).

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