InvoiceDealers, a pioneer in online marketing for the auto industry, has announced fiscal highlights for the fourth quarter ending Dec. 31, 2000. Net income in the fourth quarter increased 49 percent over the previous quarter. Overall, InvoiceDealers was profitable for seven consecutive months of FY 2000.

"We stuck with a few basic principles in 2000, and they led us quickly to profitability," said InvoiceDealers CEO Jon Christensen. "We will not stray from these, even though we intend to dramatically grow the business in 2001. We're projecting positive earnings for all four quarters, and we expect a very good year."

"The services we provide have nothing in common with those of a flaky dot-com," noted Christensen. "We demand positive ROI from every purchase, and from every sale. Every one of our clients saves immediate money using our marketing products. We're working to demonstrate not the 'coolness' of the Internet, but its actual economic potential."

"If it means we can't be a $100 million company within a single year, that's a limitation we can live with," Christensen said.

About InvoiceDealers

InvoiceDealers is a pioneer in online marketing for the auto industry. The company's flagship site, invoicedealers.com, was the first and, according to Christensen, remains the only new car buying service to provide instant price quotes from multiple dealers. Founded in 1998, the company is privately held.

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