NowAuto and ACE Cash Express, Inc. Sign Payment and Marketing Pact
SCOTTSDALE, Ariz., March 29 /PRNewswire-FirstCall/ -- NowAuto, Inc.
(OTC: NWAU) and ACE Cash Express, Inc. announced today they have partnered to
expand NowAuto's no credit check auto loan program. This partnership will
allow NowAuto customers to make payments at any ACE Cash Express location
across the US. ACE will also market NowAuto's unique no credit check auto
loan program to ACE customers.
Scott Miller, CEO of NowAuto states, "Over the past 6 months, we have
improved operations and laid the groundwork for auto sales growth. ACE Cash
Express will be another improvement that will allow our customers to pay at
any one of the ACE locations. We are very excited about the marketing
agreement that allows NowAuto to market directly to ACE customers. This is
our target market for NowAuto and we could not be more pleased."
The marketing pact with ACE brings another advertising element to
NowAuto's aggressive marketing programs. Currently, NowAuto is running a
series of television and radio commercials on both English and Spanish
stations. The commercials can be viewed online at http://www.NOWAUTO.TV.
NowAuto recently released the NowAuto No Credit Check Auto Guide. This
publication is 18 pages with over 15,000 copies printed. The publication is
available at Albertsons, K-Mart, Fry's Food and Drug, and Blockbuster stores
in Arizona.
NowAuto offers no credit check auto loans. This finance program is unique
and has been very successful in the Arizona markets. NowAuto currently has
three locations in Arizona and is about the acquire one of the largest
independent used car dealerships in Arizona. NowAuto expects to sell between
300 and 500 cars every month after the acquisition is completed.
ACE Cash Express, Inc. is a leading retailer of financial services,
including check cashing, short-term consumer loan and bill payment services,
and the largest owner, operator and franchisor of check cashing stores in the
United States. As of March 31, 2004, the Company had a network of 1,203
stores in 36 states and the District of Columbia, consisting of 988 company-
owned stores and 215 franchised stores. The Company focuses on serving
unbanked and underbanked consumers, many of whom seek alternatives to
traditional banking relationships in order to gain convenient and immediate
access to check cashing services and short-term consumer loans. The Company's
website is found at http://www.acecashexpress.com.
For more information about NowAuto, Inc. please contact Scott Miller, CEO
at 480-990-0980 or SMiller@NOWAUTO.com or Finn Walstad, CEO of OTCGrowth.com
at 253-564-9254 or ceo@otcgrowth.com.
Statements contained in this release, which are not historical facts, may
be considered "forward-looking statements" under the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are based on current
expectations and the current economic environment.
We caution the reader that such forward-looking statements are not
guarantees of future performance. Unknown risk, uncertainties, as well as
other uncontrollable or unknown factors could cause actual results to
materially differ from the results, performance or expectations expressed or
implied by such forward-looking statements.
This release was issued through eReleases(TM). For more information,
visit http://www.ereleases.com.
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