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AppOne's Strategic Alliance with AmeriCredit Goes National

January 5, 2007

Baton Rouge, La.– AppOne has announced the national rollout of its strategic alliance with independent auto-finance company AmeriCredit.

The alliance offers AmeriCredit the capability of receiving credit applications from more than 1,100 independent auto dealers within AppOne's nationwide dealer network. These dealers connect to AmeriCredit through the AppOne platform, a scalable and seamless solution to process loan applications for independent auto dealers.

The pilot program started in October has expanded to include 14 states, including Alabama, Florida, Georgia, Louisiana, Mississippi, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee and Texas. In addition, the program will further expand to include all 48 states within the continental United States by February 2007.

“AppOne’s growing dealer base enabled AmeriCredit to gain immediate market share in the underserved independent auto dealers market,” says Kyle Birch, AmeriCredit's executive vice president of Dealer Services. “The ability to complement our existing risk management efforts through AppOne’s platform provides us with an even greater opportunity to expand our independent dealer business.”

AppOne's services are accessed through its Web-based loan origination platform for independent auto dealers. Elements of the AppOne portal include DealerOne, a dealer underwriting system; RECON, a dealer scoring system and DMSOne, a software management system for independent auto dealers.

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