Autobytel Inc., an Internet new car buying program announced May 1 an agreement making Autobytel's Autoweb.com the third-party online new car buying service offered by AutoTrader.com, an Internet auto classifieds market place. According to the company, through this agreement, AutoTrader.com's new car shoppers have the option to request competitive, no haggle prices through Autoweb.com's dealer network.

"This relationship brings together two giants in the online automotive arena to better serve new car shoppers and dealers," said Jeffrey Schwartz, president and CEO of Autobytel Inc. "AutoTrader.com has proven its expertise in automotive commerce and its leadership in online automotive classifieds. The site has one of the largest audiences of Internet car shoppers, making it a natural fit with our nationwide network of trained, Internet new car dealers."

In addition to serving as a fulfillment channel for AutoTrader.com's Buy Online marketplace, Autobytel says its Autoweb.com will also be able to promote its new car buying program to AutoTrader.com's 7 million unique visitors monthly, driving traffic and delivering even more customers to its dealer network.

About Autobytel Inc.

Autobytel Inc., an Internet automotive marketing services company, says it helps retailers sell cars and manufacturers build brands through marketing and CRM (customer relationship management) programs. Autobytel Inc. owns and operates the websites Autobytel.com, Autoweb.com, Carsmart.com and Autosite.com, as well as AIC (Automotive Information Center), a provider of automotive marketing data and technology. With approximately 8,900 dealer relationships and 30 international automotive manufacturer customers, Autobytel Inc. claims it is the largest syndicated car-buying content network.