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Letter to the Editor

driversshield.com's President Acquiring Stock and Reports Profitability for 4th Straight Quarter Despite Delisting Threat

PLAINVIEW, N.Y. -- driversshield.com. Chief Executive officer Barry Siegel has announced that Gerry Zutler, President and Chief Operating Officer, will substantially increase his ownership of the Company's stock, beginning immediately.

Siegel also reported that preliminary, unaudited fourth quarter 2000 results indicate approximate sales of $4 million and earnings of approximately $50,000, marking four straight quarters of increased sales and profitability, as compared to 1999. He said the company further anticipates that sales for the full year 2000 will be approximately $14,500,000 and net profits of approximately $250,000, shows no debt, and has positive cash flows.

"I believe the steep fall in value for those businesses listed on Nasdaq will cause investors to focus attention on companies that demonstrate solid fundamentals," explained Zutler. "Since there has been a significant turnaround for driversshield.com from 1999 losses of nearly $1 million to an expected profit of $250,000, in only twelve months, we are drawing some of that investor attention."

Zutler added, "driversshield.com is severely undervalued at current stock prices, so this would appear to be an opportune time to increase my equity as much as possible. The filing of my form 4 will demonstrate to our shareholders my confidence in our success."

A bit of less-than-rosy information for driversshield, however, is the likelihood that the company's stock will be delisted from the NASDAQ shortly, since stock price has been below one dollar for several weeks.

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