LML Technologies Announces Release of LeaseLink Direct; Company's First Web-Hosted Dealership Software Product

    DOWNERS GROVE, Ill.--Dec. 4, 2002--LML Technologies today announced the release of LeaseLink Direct(TM), the company's first internet-hosted dealership product.
    LeaseLink Direct is a natural progression of LeaseLink(R), the company's premier leasing product utilized by over 4,000 dealerships and lenders throughout the country.
    LML's first venture into web-hosted technology, LeaseLink Direct was designed to accommodate the evolving needs of today's dealerships, combining the efficiency of a Windows product with the cost economy provided by the web. It is also consistent with the current trend toward high-speed Internet access in dealerships, which major automobile manufacturers will require by year-end 2005 or sooner.
    "The proven reliability of LeaseLink is now on the Web," said Phillip Battista, LML's Chief Operating Officer. "We are very pleased to be able to offer our customers the complete functionality they've come to expect from LeaseLink in a web-hosted application that also offers enhanced pricing economies of scale." As part of the company's premier LeaseLink product, LeaseLink Direct also stands behind its data, offering the industry's only written 100% data guarantee, Battista added.
    The new product is remotely accessed through a web server, providing a significant advantage over the browser-based products on the market today. It will provide multi-tasking capabilities, allowing users to work more than one deal at a time - something that is not possible within the linear design of browser-based products.
    LeaseLink Direct is an attractive addition to SalesDesk(TM), LML's comprehensive suite of sales tools for new and used car leasing, designed to facilitate the sales process from point of customer contact through negotiation and the final deal. In addition to LeaseLink, the suite includes FinanceWizard(TM), the industry's leading secondary finance software; and Guest Track(TM), a premier tracking tool that helps turn prospects into customers.
    To date, LeaseLink and the SalesDesk product suite have been officially endorsed by 22 state automobile dealer associations; they have also been honored by several national endorsements.

    About LML Technologies

    Headquartered in Downers Grove, IL, and formerly known as Lease Marketing Ltd. - the creators of LeaseLink - LML Technologies was created more than a decade ago and is the largest provider of leasing, custom finance and business development software to the dealer and financial industry. For more information about LeaseLink(R) Direct and the SalesDesk(TM) suite of products, contact LML Technologies at 1-800-576-5480, or visit www.lmltechnologies.com.