DPFD Deep Field Technologies Inc (CE)

AutoMart (Beijing Sino-US Jinche Yingang Auto Technological Services Ltd.) � the largest independent auto aftermarket company in Beijing � said today that it has completed a merger with Deep Field Technologies, Inc., of Matawan, N.J. and is trading on the OTC Bulletin Board under Deep Field�s symbol, DPFD. The parties finalized and completed an Amended and Restated Securities Exchange Agreement announced last month for AutoMart, a China-based joint venture formed between Beijing Silver Harbor Car Service Center and Mayflower Auto Group, LLC, to be acquired by Deep Field through a reverse merger. AutoMart (www.AutoMart-China.com), said its Chairman and CEO Pang Guisan, is the first auto service joint venture created since China entered the World Trade Organization. AutoMart provides a wide range of automobile after-sales services, including maintenance and repairs, insurance, parts, interior furnishings, care products, tires, and windshields. �Everyone at the now-combined company looks forward to an exciting and rewarding future focusing on the vast opportunities in the auto aftermarket in China,� he said. �Today,� he said, �the potentially vast automotive repair and maintenance industry in Beijing and throughout China is in its infancy -- highly fragmented with many small, local shops. AutoMart is changing the business model through our chain of automotive repair and maintenance facilities. In Beijing alone, AutoMart operates the largest auto aftermarket business, with more than 450 employees.� Mr. Pang, formerly a high-ranking government leader, left government for the auto aftermarket business five years ago. His expertise in the auto industry includes serving as deputy chairman of both the China Vehicle Association and the Vehicle Service Association of China. About AutoMart China AutoMart China (OTC BB: DPFD, www.automart-china.com) is a full-service automotive repair and maintenance company operating throughout Beijing, with more than 450 employees. The typical AutoMart facility is substantially larger than most other automotive repair facilities, with its largest being nearly 100,000-square feet. Along with its focus on repair and maintenance, AutoMart owns and operates automotive insurance agencies co-located within each of its repair facilities. This press 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. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.