SOURCE: Hot Web, Inc.

September 06, 2007 09:23 ET

Hot Web, Inc. Announces August's Listing Results for HotAutoWeb Business Unit & Pending September Listings

BOISE, ID--(Marketwire - September 6, 2007) - Hot Web, Inc. (PINKSHEETS: HWBI) today announced the listing results for the Company's www.HotAutoWeb.com business unit for the recently completed month of August 2007 in which the HotAutoWeb business unit secured listings with an approximated total Gross Merchandise Value of $597,000.00 USD.

HotAutoWeb's notable August listings included a 1968 Ford Shelby GT-500 KR Convertible, a 2008 Ford Mustang Shelby GT-500 Coupe SVT, an Award-Winning Sam Foose-built 1957 Chevrolet 150 Custom, a 1967 Pontiac GTO 1968, an Award-Winning Bobby Alloway-built 1932 Ford Roadster, a 1946 Ford Super Deluxe LS-1 Power, and a stunning 1946 Lincoln Continental, 1 of only 265 built. Chevrolet® and Pontiac® are registered trademarks of the General motors Corporation. Ford® and Pontiac® are trademarks of Ford Motor Company.

The Company also noted that September listing activity will begin with the documentation and inspection of two individual collections in the Northeast and Pacific Northwest United States. The Northeast collection, located in Jersey City, New Jersey, contains 14 highly coveted vehicles, including several extremely rare "2 +" quality "Original Style" early Ford's from the 1940s and '50s. The Pacific Northwest collection, located in Portland, Oregon, contains several highly desirable "Big Block" GM Muscle cars from the 1960s and 1 spectacular Street Rod Cabriolet that is powered by a very rare GM 427 "Twin O-Head Cam V-8."

Brian Hanold, CEO of Hot Web, Inc., commented, "August was a building month in which we worked to finalize agreements and initiate training with our new group of Regional Representatives as well as target new boat and RV dealers for the expansion of the HotBoatWeb and HotRVWeb properties. We continue to have a back-log of pending automotive listings yet to be inspected and newly scheduled listing inspections for the coming week are expected to be impressive." He continued, "While the spring and summer months typically show significant increases in activity, it is in the fall and winter months when HotAutoWeb has historically completed more vehicle sales than at any other time during the year. With a handful of upcoming high-profile car shows and events, we are gearing up for a banner fall and winter."

About Hot Web, Inc.

Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes both its internal certified regional representative base in addition to online third-party marketing tools like eBay Motors and others to attract and market vehicle listings The Company's current portfolio of niche-focused online businesses consists of www.hotautoweb.com, www.hotboatweb.com, www.hotcycleweb.com, www.hotrvweb.com and www.hotplaneweb.com. The company is also currently developing other Hot Web branded online business units to complement its current roster.

Safe Harbor

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. Those statements include statements regarding the intent, belief or current expectations of Hot Web, Inc., and members of its management as well as the assumptions on which such statements are based. 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-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.

FOR FURTHER INFORMATION, investors are asked to visit the Company's website at www.hotwebinc.com.

Contact Information

  • Contact Investor Relations:

    Matthew Lovito
    Brass Bulls Corp.
    1-866-342-2700