NowAuto will release quarterly earnings on May 10th from the NABD Conference SCOTTSDALE, Ariz., May 5 /PRNewswire-FirstCall/ -- NowAuto Inc. (OTC:NAUG) (BULLETIN BOARD: NAUG) today announces that wholly owned subsidiary Navicom GPS will be exhibiting at Booths #606-608. Navicom will be demonstrating the company's state-of-the-art digital network and GPS product line that launched earlier this year. Navicom encourages anyone interested in learning more about the benefits of tracking technology to visit the Navicom booths. Parent company NowAuto Inc. (OTC:NAUG) (BULLETIN BOARD: NAUG) (Pink sheets: NWAU) announces earnings will be released on Wednesday, May 10th from the NABD Conference. The company also announces it has returned to profitability and will release an update later next week. NABD (http://www.bhphinfo.com/) is the perfect fit, with attendees ranging from financial institutions who fund this sector to dealer software management companies and BHPH dealerships nationwide, among other prospects in the marketplace. Navicom has built their own backend hardware and software offering GPS like no other, customizing and integrating applications for specific facets of any business. Attendees need to educate themselves to the current market environment, identify new sourcing alternatives, and utilize technology to work smarter in order to navigate safely, meaning less loss of inventory and more profitability. What about the escalating cost of fuel? How does this all pertain to GPS technology and how big is the potential for GPS? -- Global GPS/Telemetric sales are on-track to exceed $16 billion by the year ending 2006. -- The consumer automobile GPS/Telemetric sector is experiencing exponential growth also; studies show an increase in internal efficiencies and customer service in sectors where companies have adopted GPS/Telemetric systems, a largely untapped market. -- The insurance and security industries have increasingly embraced the idea of embedded GPS/Telemetric systems to fight theft, damage, and fraudulent claims. -- Growth rate for the market is expected to be near 25 percent through 2007 and increase beginning in 2008 as the next wave of GPS/Telemetric technology is made available via new satellite launches. -- More than 25 million commercial vehicles and 5 million truck trailers are on the roads in North America. This is a clear indication of the tremendous market potential for commercial vehicle GPS/Telemetric systems. -- Tangible benefits, such as increased productivity, reduced costs, and enhanced safety and security - which ultimately lead to greater customer satisfaction - are likely to make it difficult for fleet operators to ignore Telemetric. -- Nearly 32 percent of trucks and about 25 percent of truck trailers are anticipated to be equipped with Telemetric systems by the end of 2012. -- The revenue from both hardware and services in the long-haul, local fleet, and trailer-use segments alone is likely to breach the $6.5 billion mark in 2012. -- Only 9 percent of the overall market is utilizing the benefits of this cutting-edge technology, leaving more than 90 percent potential market penetration. -- This data affirms that the commercial and consumer GPS/Telemetric industries are in their early stages of growth - similar to that of the wireless phone industry in the early 1990s. About Navicom Inc. Navicom GPS is an application-based solutions provider of premier telemetry tracking systems worldwide. They specialize in fleet management, law enforcement, and finance applications as well as the motorcycle and auto industries. By establishing its roots in an industry with such room for growth and strengthening relationships with companies that will promote this growth, Navicom is positioning itself to lead the projected explosion of the GPS/Telemetric marketplace for years to come. Navicom's flagship devices include the Navitraq V and Navitraq VI. Unlike competitors in the market, Navicom is web-based and allows users to pinpoint location, speed, direction, as well as manage complex fleet solutions from any web-based environment. For information please go to http://www.nowgps.com/ or call 800-990-6077. FORWARD-LOOKING STATEMENTS Certain of the statements contained herein should be considered "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as "may," "will," "expect," "intend," "anticipate," "believe," "estimate," "plan," "could," "should," and "continue" and similar terms used in connection with statements regarding the outlook of NowAuto Group. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving NowAuto Group and its subsidiaries, including future financial and operating results, the combined companies' plans, objectives, expectations and intentions and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties that could cause the Company's actual results and financial position to differ materially from these statements. Such risks and uncertainties include, but are not limited to, the following: the ability of the Company to obtain and maintain any necessary financing for operations and other purposes (including compliance with financial covenants); the ability of the Company to maintain adequate liquidity; the impact of economic conditions; changes in prevailing interest rates; the ability to attract and retain qualified personnel; the ability of the Company to attract and retain customers; the ability of the Company to obtain and maintain commercially reasonable terms with vendors and service providers; the cyclical nature of the automobile industry; competitive practices in the industry, labor costs, Insurance costs; weather conditions; government legislation and regulation; relations with unionized employees generally and the impact and outcome of the labor negotiations; the impact of global instability including the potential impact of current and future hostilities, terrorist attacks, infectious disease outbreaks or other global events; the ability of the Company to fund and execute its business plan and other risks and uncertainties listed from time to time in the Company's reports. There may be other factors not identified above of which the Company is not currently aware that may affect matters discussed in the forward-looking statements, and may also cause actual results to differ materially from those discussed. The Company assumes no obligation to publicly update any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting such estimates other than as required by law. For additional information, please contact or 602-290-8931. This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/. DATASOURCE: NowAuto Inc. CONTACT: NowAuto Inc., +1-602-290-8931, or Web site: http://www.nowgps.com/

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