Leading automotive e-business provider recognized by Deloitte & Touche Technology Fast 500 for Third Consecutive Year

SEATTLE (November 25, 2002) - The Cobalt Group today announced that it has been recognized for the third consecutive year as part of the Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America over the past five years. Cobalt, the leading provider of e-business software and services to the automotive retail market, ranked 160 out of the top 500 technology companies in the U.S. and Canada by posting a growth rate of 2,846%, building its revenues from $1.7 million in 1997 to $50.4 million in 2001.

In addition to ranking on the Deloitte & Touche Technology Fast 500, Cobalt ranked tenth on the Washington Technology Fast 50, a ranking of the 50 fastest growing technology firms in Washington state.

The Cobalt Group's CEO, John Holt, credits the company's success on its ability to deliver powerful solutions for the nation's largest network of dealer clients, 17 automotive manufacturers, and the National Automobile Dealers Association (NADA). "Cobalt has developed a diverse line of products and services powered by innovative technology and unparalleled customer service," he said. "Time and again we have been able to help our clients use Cobalt technology and expertise to grow their business."

Since its founding in Seattle in 1995, Cobalt has grown to become the leading e-business solutions provider to the automotive retail market. Serving 12,000 dealers, Cobalt has built the one of the largest dealer networks in the industry and is the only e-business technology provider to gain the endorsement of 17 automotive manufacturers and the National Automobile Dealers Association.

"Because Deloitte & Touche Technology Fast 500 measures sustained revenue growth over five years, being one of the 500 fastest growing technology companies in North America is an impressive accomplishment," said Mark A. Evans, managing director of Deloitte & Touche's Technology, Media & Telecommunications Group. "We are proud to honor Cobalt as a Deloitte & Touche Technology Fast 500 winner."

The Fast 500 list is complied from three sources: Deloitte & Touche's 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, companies must have had 1997 operating revenues of at least $50,000 USD and $75,000 CD, for United States and Canada respectively, must be public or private companies headquartered in North America, and be "technology companies" defined as companies that own proprietary technology that contributes to a significant portion of the company's operating revenues or devote a high percentage of effort to research and development technology.

About Deloitte & Touche - Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work for in America" by Fortune magazine for five consecutive years. Deloitte & Touche refers to Deloitte & Touche LLP and its related entities. Deloitte & Touche is the U.S. national practice of Deloitte & Touche Tohmatsu. Deloitte & Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's Web site at www.deloitte.com.