CARFAX Announces Batch System; Tool Allows CARFAX Auction Customers to Check Multiple Vehicles From the Internet

    FAIRFAX, Va.--Jan. 9, 2002--CARFAX, industry pioneer and creator of the vehicle history report, today announced the addition of an Internet-based batch system, available for use by auto auctions.
    CARFAX developed this program to address the need of auctions to check large numbers of vehicles at one time. The CARFAX Batch System allows auction users subscribed through Carfaxonline.com, CARFAX's commercial website, to submit files containing multiple Vehicle Identification Numbers (VINs).
    A summary report, based on the file, is produced instantly on screen that can be sorted by sale number, VIN, last title date and problem flags. From that summary report, vehicle histories can be ordered simply by clicking on the appropriate VIN.
    Dyer Auto Auction in Dyer, IN participated as a test site for the CARFAX Batch System. Terry Anderson, Network Administrator, offered the following feedback on the new system, "Everything went great. The processing speed is much faster plus it is simple to use. The CARFAX Summary Report is an easy read, and the ability to sort by problem flags is particularly helpful in identifying problem vehicles during fast-paced auction days."
    "This is a huge time-saving device for auctions that run entire inventories through Carfaxonline.com," says CARFAX's vice president of Customer Operations George Bounacos. "Auctions can run multiple histories much faster and easier without having to flip between screens or re-type VINs."
    The CARFAX Batch System, which is immediately available to auction subscribers; will become integral to the current auction process by replacing the legacy, stand-alone program. CARFAX anticipates introducing a variation of this tool for dealer subscribers in late Spring.

    About CARFAX, Inc.
    Founded in 1984, CARFAX pioneered the concept of the vehicle history report - the instant background check on any used car. CARFAX Vehicle History Reports can confirm a clean title history or identify serious problems with any used car, including salvage history, odometer fraud, flood damage and more. CARFAX helps millions of consumers and thousands of car dealers avoid buying used cars with costly hidden problems. Using the 17-character Vehicle ID Number (VIN), used car buyers can access nearly 2.0 billion unique vehicle history records from hundreds of different sources in the CARFAX nationwide database at www.carfax.com. Every CARFAX Report that confirms a clean title history is backed by the $5,000 Clean Title History Guarantee. CARFAX, Inc., based in Fairfax, Virginia, is a wholly owned subsidiary of the R.L. Polk & Co.