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Exeter to Partner with CMSI

March 24, 2008

Dallas - Subprime auto finance company Exeter Finance Corp. has selected Columbus, Md.-based Credit Management Solutions Inc. (CMSI) to help facilitate a planned expansion. Exeter is in the midst of a $60 million investment into several new markets. The company hopes that CMSI's Origenate credit processing system will allow Exeter to boost productivity and decrease decision time on dealer-submitted applications.

“This integration provides the seamless end-to-end automation of the indirect loan process that we need to support our aggressive expansion and growth strategy,” said Richard Frunzi, Exeter's COO.

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