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ADI Returns to Asia to Conduct Automotive Lending Workshops

March 20, 2007

Scottsdale, Ariz. – A group of executives from the Automotive Dealership Institute will soon travel to Kuala Lumpur, Bangkok and Hong Kong to share practices taught in the United States with Asian automotive banking delegates. April 2007 workshops will be the first in a series of three scheduled for this year.

ADI officials will return to Asia Pacific for two additional workshops in August and November.

Attendees represent all parts of the Asia Pacific region, including Malaysia, Singapore, Thailand, Indonesia, India, Vietnam and the Philippines. ADI has been invited to participate by The Asian Banker.

This will be the second visit to Malaysia for ADI Dean of Education Arzu Algan and CEO/Executive Director Alan Algan. During ADI’s first trip in August 2006, Arzu Algan conducted an extremely well-received workshop covering such topics as “How to Implement Indirect Automotive Loans through Dealerships by Incorporating the U.S. Model,” “New Technologies in Auto Lending,” and “Utilizing Loan Protection Products to Increase Profits.”

ADI has developed an international program to teach workshops and hold seminars overseas. Professor Marguerite Watanabe, the director of ADI’s international programs is responsible for expanding ADI’s presence in Europe and Asia. Watanabe and Prof. George Halloran will be facilitating the remaining international workshops later this year.

“We are very excited to be returning to Malaysia once again to meet with members of the international automotive banking industry,” said Arzu Algan. “We take pride in providing a world-class automotive education, and our experience in Malaysia is a testament to that.”

ADI has recently signed agreements with two major banks and a European insurance company to private label such F&I products as extended service contracts and GAP protection.

Last spring, ADI reached an agreement with The Asian Banker on a wide-ranging marketing partnership that allows the Singapore-based research and intelligence company to represent ADI’s automotive and banking-related courses and other products across Asia. Said Emmanuel Daniel, The Asian Banker’s president, at that time, “We chose the Automotive Dealership Institute because we could see that they provide exceptional automotive management programs that could help any bank in Asia. As the automobile ownership business is booming in many parts of Asia, we searched for an appropriate partner to bring world-class skills to this marketplace.”

Prof. Marguerite Watanabe added, “Our association with such powerhouse industry leaders as Northwood University and the Association of Finance and Insurance Professionals (AFIP) sets us apart from other schools in the United States, and our relationship with The Asian Banker says much about our reputation, which has achieved global prominence.”

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