SOURCE: Carbiz Inc.

March 27, 2007 09:05 ET

Florida's Growing Carbiz' CEO Live on

SARASOTA, FL -- (MARKET WIRE) -- March 27, 2007 -- Carl Ritter, CEO of Carbiz Inc. (OTCBB: CBZFF), will be featured live on Market News First ( for an exclusive interview with MN1 Analyst Mike Willingham. The interview is scheduled for Wednesday, March 28, 2007, at 8:00 a.m. CDT.

Carbiz specializes in the development, marketing and distribution of software and Internet products for the financial sector of the United States automotive industry. Its suite of products includes the "buy-here pay-here" finance option.

Ritter will be discussing a recent announcement that Carbiz has finalized a deal that would provide them with a $10 million credit facility to grow its chain of used car dealerships in the State of Florida. He will also touch base on the company's recent press releases along with their financials.

Join Mr. Ritter to learn more about the goals of the company, as well as its position in the stock market.

About Carbiz

Based in Sarasota, Florida, Carbiz is a leading provider of software, training and consulting solutions to the United States automotive industry. Carbiz's suite of business solutions includes dealer software products focused on the "buy-here pay-here" sub-prime finance and automotive accounting markets. Carbiz also operates "buy-here pay-here" dealerships in Florida through its Carbiz Auto Credit division that are wholly owned or joint venture companies. Capitalizing on expertise developed over 10 years of providing software and consulting services to "buy-here pay-here" businesses across the United States, Carbiz entered the market in 2004 with a location in Palmetto, Florida. Carbiz has added two more credit centers since -- in Tampa and St. Petersburg -- and Carbiz seeks to expand its operations in Florida in the future. For more information about Carbiz and its services, visit Carbiz's web site:


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