NowAuto Becomes the Largest Independent Used-Car Dealership in Arizona, Reports IOCircuit.com
Market Wire, April, 2005
The IOCircuit recommends NowAuto, Inc. (OTC: NWAU) which announced today it has completed its acquisition of Phoenix-based Sunburst Car Company, the largest independent used-car dealership in Arizona. Sunburst expects annual sales in excess of $16 million in 2005 and will be accretive to NowAuto's earnings.
Sunburst Car Company will continue to operate as Sunburst Car Company, a NowAuto Company. The other three NowAuto dealerships are located in Tucson, Tempe, and Mesa will continue as NowAuto.
Other active stocks are Concord Communications Inc (NASDAQ: CCRD), BioSource International Inc (NASDAQ: BIOI) and B.O.S. Better Online Solutions Ltd (NASDAQ: BOSC)
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