NowAuto, Inc. Closes Its Definitive Asset Purchase Agreement with Global-E Investments SCOTTSDALE, Ariz., Aug. 1 /PRNewswire-FirstCall/ -- NowAuto, Inc. (OTC:NWAU), which operates four auto dealerships in the Southwest and owns Navicom, a GPS Tracking Tier I provider, announced today it has closed its previously disclosed definitive asset purchase agreement with Global-E Investments, Inc. (OTC:GEIV) (BULLETIN BOARD: GEIV) . Global-E, to be renamed NowAuto Group, Inc., purchased all of the assets of NowAuto, Inc. and its wholly owned subsidiaries, Navicom, Inc. and Sunburst Car Company, Inc. Upon the filing and clearance by the SEC of a registration statement on Form SB-2, NowAuto, Inc. will distribute to its shareholders all of the Global-E shares it received under the agreement. About the Transaction Global-E had 1,550,000 shares outstanding at the closing and issued 8,157,661 shares of its common stock to acquire all of the assets of NowAuto, Inc. The 8,157,661 shares will be distributed, after registration, to the NowAuto, Inc. shareholders. NowAuto Group will file the SB-2 registration statement sometime in late August or September. Once the registration statement is declared effective by the SEC, a NowAuto, Inc. shareholder record date will be set and holders will receive approximately one share of NowAuto Group common stock for every three shares of NowAuto, Inc. owned on the record date. As part of the agreement, the Global-E board members resigned, were replaced by NowAuto, Inc. designees, and Scott Miller, the NowAuto, Inc. CEO, was appointed the CEO of NowAuto Group. NowAuto, Inc. will continue to be quoted on the OTC Bulletin Board under the symbol NWAU until the distribution of Global-E shares has been completed. Global-E will continue to be quoted under the symbol GEIV until the NowAuto Group name and a new ticker symbol are obtained for it. Those interested in learning more about parent company NowAuto can email and request to be added to the investor news alert. Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements. CONTACT: Scott Miller, CEO, NowAuto, 480-994-2281 or email . This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/. DATASOURCE: NowAuto, Inc. CONTACT: Scott Miller, CEO, NowAuto, +1-480-994-2281 or

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