Autobytel Inc. Announces Intent to File Omnibus Shelf Registration Statement

Autobytel Inc. Announces Intent to File Omnibus Shelf Registration Statement

IRVINE, Calif., Feb. 20, 2014 (GLOBE NEWSWIRE) -- Autobytel Inc. (Nasdaq:ABTL)
announced today that it intends to file an omnibus shelf registration
statement on Form S-3 with the Securities and Exchange Commission for the
offer and sale of securities by the company. Autobytel plans to file the
registration statement in the first quarter of 2014.

This announcement shall not constitute an offer to sell or the solicitation of
an offer to buy any securities described herein, nor shall there be any sale
of these securities in any state or jurisdiction in which the offer,
solicitation or sale would be unlawful. This announcement is being issued
pursuant to, and in accordance with, Rule 135 under the Securities Act of
1933, as amended.

The statements contained in this press release regarding Autobytel's
intentions and plans are forward-looking statements under the federal
securities laws. These forward-looking statements are not guarantees of future
performance and involve assumptions and risks and uncertainties that are
difficult to predict. Actual outcomes and results may differ materially from
what is expressed in, or implied by, these forward-looking statements.
Autobytel undertakes no obligation to update publicly any forward-looking
statements, whether as a result of new information, future events or
otherwise. Among the important factors that could cause actual results to
differ materially from those expressed in, or implied by, these
forward-looking statements are Autobytel's ability to obtain effectiveness of
the registration statement, complete any offering of securities thereunder and
apply successfully any proceeds thereof, as well as the matters disclosed in
Autobytel's filings with the Securities and Exchange Commission. Investors are
strongly encouraged to review Autobytel's Annual Report on Form 10-K and other
filings with the Securities and Exchange Commission for a discussion of risks
and uncertainties that could affect the business, operating results or
financial condition of Autobytel and the market price of its stock.

CONTACT: Investor Relations:
         Autobytel Inc.
         Curtis E. DeWalt
         SVP, Chief Financial Officer
         949-437-4694
         curtisd@autobytel.com
        
         PondelWilkinson Inc.
         Roger Pondel/Laurie Berman
         310-279-5980
         pwinvestor@pondel.com

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