SOURCE: Hot Web, Inc.

September 18, 2007 08:51 ET

Hot Web, Inc. Announces New Vehicle Listings

BOISE, ID--(Marketwire - September 18, 2007) - Hot Web, Inc. (PINKSHEETS: HWBI) today announced that the Company has secured 15 new vehicle listings for its HotAutoWeb business unit as a result of management's successful trip to Jersey City, NJ last week. In total, the value of secured listings from the trip carries an estimated retail market value of $325,000.00 USD.

Hot Web's management inspected and documented 15 highly coveted vehicles, many of them vehicles from the 1940s & 1950s, from Cambridge Motor Works of Jersey City, NJ. All of the vehicles are in excellent condition and most are rare in the sense that they are of "stock restored format." Notable listings include a completely restored 1941 Ford Super Deluxe 2-door convertible, a 1961 Ford Thunderbird convertible, a 1955 Ford Thunderbird, three Ford Rancheros from 1957, 1958 and 1959, a 1950 Ford Club Coupe, two Ford Galaxie Sunliner convertibles from 1959 and 1961, a 1957 Ford Thunderbird, a 1958 Edsel Citation, a completely restored 1948 Jeepster, a 1953 Buick Special 2-door Hardtop, a 1978 Lincoln Mark V Diamond Jubilee and a 1984 Corvette. Chevrolet®, Buick® and Pontiac® are registered trademarks of the General motors Corporation (NYSE). Ford®, Lincoln® and Pontiac® are trademarks of Ford Motor Company (NYSE).

Brian Hanold, CEO of Hot Web, Inc., commented, "All the vehicle listings gathered from our recent trip to New Jersey are highly coveted cars and appear to appropriately priced with a marketable pricing structure. Historically, it is these moderately priced collectable consignments that tend to sell very quickly." He continued, "The partners of Cambridge Motor Works are well aware of both our marketing capabilities and standing in the classic car community, so its meaningful that they have chosen HotAutoWeb to consign 15 vehicles. I also believe it is a testament to no only our existing accomplishments, but also our future prospects that one of the Cambridge Motor Works partners decided to purchase shares of Hot Web in the open market."

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 (NYSE) 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