FORT LAUDERDALE, Fla., Aug 14, 2002 /PRNewswire-FirstCall via COMTEX/ --
AutoNation, Inc. (NYSE: AN), America's largest retailer of both new and used
vehicles, today announced that Chief Executive Officer Mike Jackson and Chief
Financial Officer Craig T. Monaghan have signed and filed sworn statements with
the Securities and Exchange Commission ("SEC") affirming the Company's SEC
reports. The reports covered by the sworn statements include the Company's 2001
Annual Report on Form 10-K, 2002 Annual Proxy Statement and Form 10-Qs for the
2002 first and second quarters. The sworn statements were made in accordance
with a June 27, 2002 order issued by the SEC requiring approximately 950 large
public companies to certify the accuracy of their financial reports.
Jackson and Monaghan also signed a separate letter certifying the Company's Form
10-Q for the second quarter ended June 30, 2002 under the Sarbanes-Oxley Act of
2002, which was signed recently into law by President Bush. That certification
letter is also an exhibit to the Form 10-Q the Company filed today with the SEC.
"We support the steps that are being taken to restore investor confidence in
corporate America," Mr. Jackson said. "Certifying our SEC filings highlights our
commitment to provide investors with accurate and transparent financial
information."
Investors may view the documents signed by AutoNation's officers at
http://corp.AutoNation.com/docs/CEOCFO.pdf. They will also be available for
viewing at the SEC's web site, www.sec.gov.
About AutoNation, Inc.
AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's largest
retailer of both new and used vehicles. Ranked #101 on the 2002 Fortune 500
survey of America's largest corporations, AutoNation employs approximately
30,000 people and owns and operates 374 automotive retail franchises in 17
states. For additional information, please visit www.AutoNation.com, where
consumers can find more than 100,000 vehicles available for sale.
Forward-Looking Statements
Certain statements and information included in this release constitute
"forward-looking statements" within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements expressed or
implied in such forward-looking statements. Additional discussion of factors
that could cause actual results to differ materially from management's
projections, estimates and expectations is contained in the Company's SEC
filings. The Company undertakes no duty to update its forward- looking
statements, including its earnings outlook.
SOURCE AutoNation, Inc.
CONTACT: Oscar Suris, AutoNation, +1-954-769-3576, or
suriso@autonation.com
URL: http://www.autonation.com
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