SOURCE: IOCircuit

April 07, 2005 11:30 ET

NowAuto Becomes the Largest Independent Used-Car Dealership in Arizona, Reports IOCircuit.com

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

LAKE HARMONY, PA -- (MARKET WIRE) -- April 7, 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.

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