November 18, 2000

Megawheels announces plan for profitability

Author: JT Smith

From Canada Newswire: Megawheels Inc., a global application
provider of e-solutions for the automotive publishing and retail sectors today
announced its 2001 business plan. The plan charts a clear path to
profitability for the Company and the roll-out of the company's inVision
product and industry unique Net2Print publishing software. Specifically, the
Company said it will focus on the establishment of media partnerships that
expedite the growth of its global automotive dealer network and improve
profitability. Financial highlights of the plan project a cash-positive
position by calendar year-end 2001. Drive, the company's LINUX based, server-based or Application
Service Provider delivered DMS solution, optimizes automotive retail
management processes to deliver improved profitability and efficiencies in
automotive retail stores.
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