VirtualCarBuyer.com -- A Revolutionary Car Buying Experience Begins

BALTIMORE, MD--(Marketwire - June 28, 2007) - www.VirtualCarBuyer.com, a new regional automotive portal that went live today, offers car buyers in the Maryland/DC/VA areas a new way to negotiate and lock in a price on the car or truck they want. It's the closest thing yet to actually "buying" a car on-line. And for consumers it's free and anonymous -- so for consumers who prefer not to deal with a salesperson -- you now have a choice. In just a few steps, visitors to the site can get a great price on the exact vehicle they want -- and the dealer will guarantee it.

Recent car buyers like Dave and Paula Treherne wish this service existed with all the past vehicles they've purchased. "The process was easy and it was fast. The best part was the time we saved by negotiating the price on-line -- and avoiding the whole 'hanging around the dealership' thing," Dave expressed.

VirtualCarBuyer.com, a destination site powered by Auto Bid Systems, provides a unique way for auto retailers to advertise their vehicles on-line and provides consumers a way to find and negotiate the price for the vehicle they want -- from the luxury of their home or office.

Participating dealers like Tischer BMW understand their customers are looking for ways to save time and money. And they know that some buyers just don't like the pressure of direct sales when they visit a dealership. "Many (of our customers) have told us they'd like to by-pass the 'showroom experience' and engage on-line with us," explains Jay Sponseller, General Manager for Tischer BMW. Internet Manager, Rick Richards of Herb Gordon Mercedes-Benz mentions, "We are committed to creating ways to deliver real benefits to our customers -- we want them to know that we value their time, their money and their right to shop privately and from the convenience of their own home. This is a great way to offer them those benefits. This helps us stay very competitive in our pricing."

"We are beginning to see the evolution of how consumers and dealers will interact and utilize the Internet. We're committed to offer both dealers and consumers a better ways to transact -- when we do, everyone wins," states Glen Gulyas, COO for Auto Bid Systems, Inc. "Consumers save time and hassle... dealers save money and offer a free, easy, and convenient service for the consumer."

About Auto Bid Systems, Inc.

Auto Bid Systems, Inc. owns and operates myLIVEoffer™, the first customizable Internet Advertising and eCommerce solution that allows Auto Dealers to present a specific car or group of cars anywhere that Internet buyers congregate. On the Dealer's web site, to search engines, via banner ads and CRM newsletters, myLIVEoffer™ gives car shoppers an anonymous, time and cost effective eNegotiation experience, which benefits the Dealer through lower advertising and transaction costs and a more satisfied customer. myLIVEoffer ™ integrates with the dealership's DMS, allowing Dealers to easily control vehicle pricing, pictures and vehicle information details. Once the vehicles have been selected for Internet presentation and priced, the ads created by the Dealer that enable buyers to eNegotiate, lock-in and guarantee the purchase price of the vehicle they want before visiting the Dealer showroom to finalize their purchase.

Contact Information: Contact: Ken Lees CEO 757.375.8198 ken@autobidsystems.com