CARCHEX Names Jim Devitt Vice President of Dealer Services

Hunt Valley, MD - October 2, 2007 - CARCHEX http://www.carchex.com/ , the nation's trusted resource for professional automotive services for consumers and dealers, is pleased to announce the hiring of Jim Devitt as Vice President of Dealer Services. In his new role, Devitt will continue to drive the growth of the CARCHEX suite of programs aimed to help dealerships generate and close more leads online for vehicle sales, extended coverage warranties, financing and other services. He brings more than 12 years of experience in auto sales and sales management roles at Chicago-area dealerships.

"As an executive, Jim has an outstanding track record of building strong relationships and consistently surpassing both revenue and profit goals," said Jason Goldsmith, President and CEO of CARCHEX. "With Jim driving this crucial division, auto dealers across the country will recognize the value that CARCHEX can bring to their customer relationship efforts."

Using proprietary software developed by CARCHEX, Devitt will help dealerships "find" money and boost their bottom lines by identifying sales opportunities and marketing a range of vehicle ownership services <http://www.carchex.com/utility/faqs.asp> . Devitt will develop relationships with individual dealerships and dealer networks through independent agents.

"CARCHEX has an unbeatable combination of proprietary technology and leadership with a clear vision of how to become a peerless resource for consumers and dealers," said Devitt. "I am eager to help introduce and strengthen the CARCHEX brand to auto dealers and keep our promise of helping them 'find' money and in this highly-competitive marketplace."

About CARCHEX

Headquartered in Hunt Valley, MD, CARCHEX is the trusted resource for professional automotive services for consumers and dealers. Consumers can use the CARCHEX Advantage system to Select, Inspect, Purchase and Protect their next car online. An innovator in pre-purchase vehicle inspection programs, the CARCHEX system provides consumers the confidence to buy their next car online. CARCHEX also helps dealers generate qualified new and used car leads and maximize existing customer relationships through its suite of proprietary data collection tools, Warranty/CRM remarketing program and network of strategic industry partners. Visit us online at www.CARCHEX.com

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