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Another Lender Joins DealerTrack

November 19, 2002

DealerTrack announced that SunTrust Banks, Inc., has joined the DealerTrack automobile finance

platform. The Web-based DealerTrack platform automates and accelerates the entire dealer-to-lender

relationship, from financing to daily information sharing.

According to the company, dealers that utilize DealerTrack are able to electronically submit loan applications, monitor

related application status changes and access low-cost credit reports, as well as connect online

with lenders.

"SunTrust is committed to providing the best possible service and response time to our dealer

customers," said Paul Neal, group vice president of SunTrust. "DealerTrack will help enhance those

efforts, while allowing us to capitalize on a broad range of important operating efficiencies."

"We're very pleased to welcome SunTrust to the platform," said Mark O'Neil, DealerTrack president

and chief executive officer. "A growing number of lenders are recognizing that DealerTrack can

help them both reduce costs and increase their volume of loans. And for dealers, accelerating and

streamlining the financing process means more time to provide their customers with the kind of fast

and outstanding service that closes deals."

About DealerTrack

With over 17,000 dealers and 20 lenders currently connected, DealerTrack is a specialist in independent web-based platform that automates and accelerates the entire dealer-to-lender

relationship, from financing to daily information sharing. The DealerTrack platform enables

application processing, credit bureau access, electronic contracting and lease comparisons-all in

one easy-to-use, integrated solution. More information on DealerTrack is available at

www.dealertrack.com or by calling 877-357-8725.

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