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Finance Express Acquires Global Credit Services

June 10, 2005

RANCHO SANTA MARGARITA, Calif. -- Finance Express LLC, which operates an online auto finance platform designed for independent dealers, announced that it has reached an agreement to acquire Global Credit Services Inc., an auto technology company located in Orange County, Calif.

The acquisition will provide new enhancements to the existing FEX system by incorporating a CRM program, inventory uploading and buy here-pay here capability. Most of the features will be introduced to current Finance Express dealers before the end of July.

David Huber, president of Finance Express, said, "We are excited about the implementation of these new features into our system. After the integration of an accounting program later this year, we will be the only system available in the independent auto industry that includes all of the elements that were previously available only to the franchise dealer."

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