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AppOne and Payless Car Sales Form Alliance

March 25, 2008

BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, and Payless Car Sales Inc. announced an alliance to provide Payless Car Sales dealers access to the AppOne platform, an Internet-based risk mitigation tool for independent auto dealers.

The AppOne platform provides Payless dealers with access to prime and subprime lenders; the ability to price and print documentation for aftermarket products, along with documentation required for each loan; and access to AppOne’s MenuOne, a user-friendly online sales tool offering financing alternatives that dealers can customize for presentation to car buyers.

In addition, AppOne’s dealer services will support Payless franchisees, assisting in the completion of financing transactions while ensuring compliance with all state and federal lending regulations. AppOne utilizes Wolters Kluwer Financial Services’ compliance content, which is built upon more than 50 years of experience and knowledge behind Wolters Kluwer Financial Services’ Bankers Systems product line.

The Payless Car Sales franchise system is designed to help qualified independent used-car dealers sell more cars. Through affiliation with its nationally recognized and trusted brand, Payless provides “preferred vendor” relationships with floorplan providers, retail lenders, F&I product and other industry suppliers; unique access to off rental inventories; ongoing consulting from a professional staff; next-generation virtual online advertising and marketing tools and a strongly optimized, highly visible and nationwide lead generating Website. Payless will soon add a virtual online dealer training program and business development center to its wide array of franchisee benefits.

“We are continually looking for tools that help our dealer franchisees stay ahead of their competitors,” said Mike Harley, Payless president and COO. “With its cutting-edge technology, compliance expertise and financing assistance, the AppOne platform does this on a number of different levels.”

“With the intense competition in the auto industry right now, our goal is to help independent dealers build the financial and technological resources they need to sustain their business,” said Lee Domingue, CEO of AppOne. “AppOne not only helps them compete with the larger franchise dealers, but it also allows them to devote as much time as possible to what they do best — marketing and selling vehicles.”

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