BOISE, Idaho, June 25, 2008 (PRIME NEWSWIRE) -- Hot Web, Inc. (Pink Sheets:HWBI) today released details about recent notable marketing activity and listings for the Company's www.HotAutoWeb.com flagship site.
Currently, the HotAutoWeb property is featuring 23 individual vehicle auctions and best offer format listings -- including several one-of-a-kind award winning show cars -- representing approximately $1,250,000.00 in total retail value. All vehicles are currently available to be viewed on eBay Motors at the following link: http://motors.shop.ebay.com/merchant/hotautoweb
Additionally, the Company is pleased to announce that its Seattle, Washington Regional Representative has secured a pending listing consignment of five General Motors Corporation 'Muscle Cars' from the 1960s and 1970s era, the collective listing value of which has yet to be estimated. All vehicles are scheduled to be inspected and documented with details to be announced within the coming weeks.
Brian Hanold, CEO of Hot Web, Inc., commented, "We've seen the phenomenon of the spring and summer month boom in the past and again this year. Despite the current economic environment, we continue to see an increased awareness in our high end internet marketing capabilities, requests and sales." Brian continued, "With the weakness of the U.S. Dollar, international sales abroad continue to show steady growth and plans are in place to dramatically expand upon our International presence. We look forward to releasing many of above items and other initiatives in greater detail over the coming weeks/months."
About Hot Web, Inc.
Hot Web, Inc. is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes both its internal certified regional representative base in addition to online third-party marketing tools like eBay Motors and others to attract and market vehicle listings
The Company's current portfolio of niche-focused online businesses consists of www.hotautoweb.com, www.hotboatweb.com, www.hotcycleweb.com, www.hotrvweb.com and www.hotplaneweb.com. The company is also currently developing other Hot Web branded online business units to complement its current roster.
The Hot Web, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4946
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Hot Web, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
FOR FURTHER INFORMATION, Investors can also visit the Company's website at www.hotwebinc.com.