SOURCE: IOCircuit

March 31, 2005 11:28 ET

NowAuto to Become the Largest Independent Auto Dealer in Arizona, Reports IOCircuit.com

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IOCircuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- March 31, 2005 -- The IOCircuit recommends NowAuto, Inc. (OTC: NWAU) which announced it has signed the purchase agreement to acquire Sunburst Car Company, Arizona's largest independent used car dealership. NowAuto's acquisition is an all cash transaction. Sunburst expects annual sales in excess of $16 million in 2005 and being accretive to NowAuto. Final transfer of assets, employee processing, and transfer of emissions, auction house, and auctioneers licenses is anticipated to be processed next week.

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