eDeal.net Teams Up with The Eastwood Company


VANCOUVER, British Columbia, Aug. 11, 2003 (PRIMEZONE) -- eDeal.net, Inc. (Pink Sheets:EDAN), an online destination for consumers and automotive professionals seeking to obtain information on all makes of cars and trucks, today announced that it has teamed up with The Eastwood Company to provide online access to automotive restoration products.

"We are honored to be associated with the leading provider of automotive restoration products and offer such a vast array of useful restorative tools," stated eDeal.net, Inc. President, Ms. Terri DuMoulin. "The Eastwood Company's history and excellent range of products will benefit our do-it-yourself market segment immensely."

Patrice Milligan, Affiliate Manager for The Eastwood Company, adds, "We are very happy to be partnered with eDeal.net. We're excited to be a part of their product offering and look forward to their continued success."

About The Eastwood Company

In business for 25 years, The Eastwood Company proudly serves the automotive restoration market with automotive tools and supplies that meet and exceed expectations. From abrasives to finish paint and everything in between, The Eastwood Company has the equipment, supplies, and technical resources to help auto restorers make the most of their car, truck, or motorcycle.

About eDeal.net, Inc.

eDeal.net, Inc. (Pink Sheets:EDAN) is a development stage company and through our website, http://www.edeal.net, we provide a wide range of automotive information, including maintenance and safety tips, information on how to buy and sell pre-owned vehicles, notice of safety and recalls by email alerts, information on parts and service, quotes on insurance, financing sources, automotive dealers, email alerts for service reminders, new products and accessories.

Legal Notice Regarding Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, generally weak stock market, lack of investor interest in the Company, negative publicity, economic strength of the automotive industry, changes in environmental and vehicle-related regulations, intense competition, infringement of intellectual property rights or Internet commerce regulation, any of which may cause actual results to differ materially from those described in the statements. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.

For more information about The Eastwood Company, contact Bruce Passner at 610-323-2200, ext. 2501, or email bpassner@eastwoodco.com.

For additional information about eDeal.net, Inc., please visit our Web site at www.edeal.net or contact Terri DuMoulin at 604-659-5005.