DealerTrack, Inc. has entered into an agreement with Bank of America, a provider of

commercial and retail automobile financing. Bank of America will pilot DealerTrack's auto finance platform with dealers in selected markets in early

November, with nationwide rollout shortly thereafter.

According to the company, by utilizing this platform, dealer customers of Bank of America will benefit from faster

credit application decisions and more streamlined communication with the Bank of America credit, sales and funding departments.

The company says capabilities of the DealerTrack platform include the ability to submit loan applications, monitor related application and contract status

changes, and obtain product and program information. Dealers can also tap into other features, such as the ability to pull low cost credit reports.

"Credit aggregation systems are the future of automotive finance," said Floyd Robinson, president of the Auto Group of Bank of America. "Our alliance

with DealerTrack underscores our support for the industry by providing solutions that improve service and add value to our customers. DealerTrack's

focus on the dealer relationship is consistent with our philosophy. Their willingness to design a system based on dealer input and deliver solutions that

result in superior service mirror our customer-focused approach. A large number of our dealer customers already utilize DealerTrack, making integration a

logical choice for Bank of America."

"Our official welcome of Bank of America to the DealerTrack platform is the fruit of a great deal of collaborative effort between our two companies," said

Mark O'Neil, DealerTrack's president and chief executive officer. "New lender participants have typically received anywhere from 40 percent to 60 percent of their

total application volume through DealerTrack within the first 30 days that they go live on the platform. Given this, we anticipate that DealerTrack will have

a very immediate and positive impact on the business of both Bank of America and its dealer customers."

About DealerTrack

With over 17,000 dealers and 20 lenders currently connected, DealerTrack is North an independent web-based platform that automates

the dealer-to-lender relationship, from financing to daily information sharing. The DealerTrack platform enables application

processing, credit bureau access, electronic contracting and lease comparisons-all in one integrated solution. More information on

DealerTrack is available at www.dealertrack.com or by calling 877-357-8725.