Kiosk Newsbit

Navidec Completes $2,281,500 Private Placement; Funds Will Support National Roll-Out of `Wheels' Online Auto Sales Solution
(PR Newswire; 04/22/98)

    DENVER, April 22 /PRNewswire/   Navidec Inc. (Nasdaq: NVDC, NVDCW), a 
leading provider of Web-based products and solutions, today announced it has 
completed an equity private placement that brought $2,281,500 in proceeds to 
the Company.  The shares were placed by Joseph Charles & Associates, the lead 
underwriter for Navidec's February 1997 initial public Offering.

    These funds will be used to support Navidec's national roll-out of its 
"Wheels" Online auto sales solution.  Navidec recently announced its 
partnership with Bank One to introduce Wheels in markets nationwide.  In 
addition to Colorado Wheels (, which launched in fourth 
quarter 1997 in cooperation with The Denver Post, Northwest Wheels will launch 
later this month.  Navidec and Bank One have partnered with KOIN-TV Channel 6 
in Portland, Oregon, to produce and promote Northwest Wheels.  Navidec is 
currently in final negotiations with media partners to produce Wheels in 
several additional major markets.

    Navidec Inc., based in Englewood, Colo., is a leading national provider of 
products and solutions that use Web-based technologies to achieve its 
customers' business objectives.  From commercial Web site and kiosk development 
to the design and implementation of intranet and extranet applications and 
tools, Navidec helps customers develop successful online solutions.  Navidec's 
premier vertical market focus is on the automotive industry with its Wheels 
online automotive sales solution.  Navidec partners with media organizations to 
produce Wheels in markets nationwide.  The Company's Web site address is

    All statements in this press release, other than historical facts, are 
forward looking statements.  These statements are based on certain assumptions 
and analyses made by Navidec in light of its experience and its perception of 
historical trends, current conditions, expected future developments and other 
factors it believes are appropriate in the circumstance.  Such statements are 
subject to a number of risks and uncertainties, including general and economic 
business conditions, demand for automobiles, competition from other automotive 
online services, market acceptance of the Wheels solutions, the ability of 
Navidec to reach agreements with local media partners and other risk factors 
indicated from time to time in Navidec's filings with the Securities and 
Exchange Commission.  Those filings are available online at

SOURCE  Navidec, Inc.
    -0-                             04/22/98
    /CONTACT:  Pat Mawhinney, CFO, or Andrea Pearson, Dir. of Mktg., both of
Navidec Inc., 303-790-7565; or KC Ingraham of Pfeiffer Public Relations, Inc.,

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