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Letter to the Editor

Parts.com Begins Charging for TradeMotion Storefront

SANFORD, Fla. -- Parts.com, Inc., a marketplace and software solutions provider for the parts industry, has announced an end to its highly successful free TradeMotion Storefront promotion and began billing dealerships for the software solution.

Parts.com signed up nearly 2,700 dealers during its 90-day marketing campaign, which offered TradeMotion Storefront for free for the first year. Parts.com has begun charging dealerships for the software solution and so far 26 new dealers have agreed to the fee structure. Parts.com also announced the new pricing structure for its Platinum and Gold supplier annual territory fees.

"On December 8, 2000, we launched our free TradeMotion Storefront offer in order to build our distribution network and prove to the industry that our software solutions bring value to dealerships," stated Shawn Lucas, President and CEO. "After ninety days, we've grown our dealership network to nearly 2,700 with monthly average sales of more than $800 per dealership. Several dealerships have grossed $12,000 in sales in just a few weeks, with little or no promotion on their part. Dealers see the value in our software solution and we now have quantifiable numbers to support a monthly and/or annual fee," concluded Mr. Lucas.

TradeMotion Storefront is Parts.com's private-label solution for electronic parts sales and procurement. Storefront protects the dealerships' brand. Customers see only the dealership's name when ordering the part and the dealership receives 100 percent of the revenue. There are no transaction fees with TradeMotion Storefront.

Parts.com is offering TradeMotion Storefront in two price formats -- billing monthly or annually. The monthly fee is $69.95 with a $49.95 set-up charge plus $19.95 for each additional manufacturing line, per year. The annual fee is $595.00, with a $49.95 set-up charge and $19.95 for each additional manufacturing line, per year. Once this service is active, dealers have an option to add-on Parts.com's TradeMotion Direct2DMS.

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