Interstate

National Dealer Services, Inc. announced that it

has completed the previously announced merger with CHL Holdings Corp.

In the merger, Interstate's public stockholders will receive $6.00 in

cash per share.

As previously announced, the merger was approved by stockholders

holding more than 56 percent of Interstate's outstanding shares. As a result

of the transaction, Interstate's securities have been delisted from

Nasdaq and the Company will no longer be required to file reports with

the Securities and Exchange Commission, effective immediately.

Interstate is a nationwide provider of service contracts

and extended warranties, primarily for new and used cars and

recreational vehicles, as well as watercraft, manufactured housing,

motorcycles and other power sport vehicles. For additional information

please visit www.inds.com or

www.warrantydirect.com.