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Wells Fargo Auto Finance Joins RouteOne

September 14, 2007

FARMINGTON HILLS, Mich. — Wells Fargo Auto Finance has joined RouteOne LLC’s Web-based credit application management system.

Pennsylvania-based Wells Fargo Auto Finance, an operating unit of Wells Fargo & Company, offers a full spectrum of automobile finance and lease options. Wells Fargo Auto Finance services more than 1.8 million customers and nearly 21,000 automobile dealers. The lender employs more than 5,500 team members and 380 sales representatives, and includes origination centers throughout the United States and Canada.

"Technology has changed almost every aspect of selling and financing automobiles," said Brad Noel, senior vice president and National Sales Manager, US and Canada, Wells Fargo Auto Finance. "Our dealer customers expect a reliable, quick and seamless application and funding process. Participating in RouteOne allows Wells Fargo to participate in a common platform used by automobile dealers seeking funding solutions for their credit application financing needs. By partnering with RouteOne, Wells Fargo Auto Finance continues to demonstrate that providing our dealer customers with the financing solutions they require and the servicing they expect are reasons Wells Fargo continues to be a leader in full spectrum lending."

"RouteOne is pleased to welcome one of the nation's largest auto lenders to our network," said Mike Jurecki, RouteOne CEO. "Wells Fargo Auto Finance takes pride in being a full spectrum lender, and Route One is equally proud to offer to our dealers a wide range of value-add lenders."

In addition to providing access to both captive and non-captive finance sources through a single portal, RouteOne offers a wide variety of tools to assist the dealer in managing their day-to-day business, such as a detailed reporting suite, DSP integration, and credit bureau access, all within a single desktop application. RouteOne's open integration business model allows the dealer to integrate with their choice of a wide variety of best-in-class partners, including Dealer Management Systems, CRM systems, F& I modules, and menu providers. More information can be found at http://www.routeone.com/.

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