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MenuVantage Adds Protective to Network of Active F&I Providers

June 4, 2007

Orlando, Fla. — MenuVantage, a Web-based menu selling system, announced that Protective has joined its nationwide network of active F&I providers. The company joins over 50 other providers currently on the MenuVantage platform including A.U.L

Corporation, LOTS, Cal-Tex Protective Coatings, SouthwestRe, CNA National, EasyCare, GE, American Financial Automotive Services and Safeguard. Protective is a supplier of extended service contracts, GAP coverage and credit insurance for automobile, marine, RV, and power sports dealers. MenuVantage will electronically rate their products, electronically remit and enroll their customers, as well as enable the dynamic printing of their contracts on plain printer paper.

MenuVantage’s online rating and contract functionality speeds the entire process, improves accuracy, and eliminates duplicate data entry for both dealers and aftermarket providers.

"As a provider of products delivered in the F&I office, I am very impressed with the functionality and ease of use of MenuVantage, and pleased to be able to deliver our products on a real time basis directly in to the menu,” said Marty Reilly, chief information officer, asset protective division at Protective. “Our goal is to be a company that is easy to do business with. Having our products integrated with the

MenuVantage platform advances that goal and provides a significant value proposition to our dealer customers."

Phillip Battista, MenuVantage co-CEO added, “We are excited that Protective has decided to join the platform so that we can provide electronic rating, contracting and submission to our mutual customers nationwide.”

MenuVantage has developed a system that not only assists dealers on the front-end, but also providers on the back-end; offering unique benefits to F&I providers. The MenuVantage system incorporates a powerful communication feature that offers the capability to broadcast information directly to their dealer's desktops.

With this feature providers can run contests, make announcements and post new product promotions in minutes. Additional provider benefits include a built-in reporting suite that automatically submits cleared contracts on a daily basis. Providers can now track and monitor dealers daily; detect trends early, identify weak points before they become problems and respond accordingly.

MenuVantage provides dealers with superior F&I tools to ensure compliance and increased per unit profit. The system offers F&I departments the most advanced technology available on the market including electronic submission of warranty and F&I products to providers, real time service contract rating for over 50 providers, and dynamic printing of documents on regular paper.

MenuVantage has seen a strong increase in market presence and currently processes more than 100,000 deals per month for over 4,000 users at automotive dealerships in all 50 states nationwide. The average deal with MenuVantage produces $903 per unit compared to $633 per unit without the system — a 30 percent increase in revenue.

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