TEAM Vehicle Sales Announces Wilmington, Delaware Vehicle Sales Center Opening

    CORAL SPRINGS, Fla.--Dec. 27, 2002--TEAM Vehicle Sales ("TEAM") announced today the grand opening of its new retail vehicle sales center in Wilmington, located at 520 Terminal Avenue in New Castle, DE. TEAM Vehicle Sales, Wilmington is one of fifteen national retail vehicle sales centers opened in the last thirty months and one of twenty-six retail centers to be opened by 2004. Commenting on the new Wilmington location, TEAM Vehicle Sales' President, Jim Guice stated: "Our new Wilmington location will allow us to greater serve our customers throughout the Northeast. Our proximity to the Port of Delaware and to the I-95 corridor makes TEAM a convenient solution for customers with highway transportation needs."
    The Wilmington sales center will offer customers a wide variety of used light and medium-duty straight trucks, tractors and trailers, as well as used vehicle financing. For complete details on vehicles and services available at the Wilmington location, contact Chuck Werner, Sales Center Manager, at 302/656-6800, or 888-TEAM-007 (888-832-6007).
    TEAM Vehicle Sales is the fastest growing, independent, national used truck sales operation in the country specializing primarily in the sale of quality used midsize/light duty straight trucks plus a wide variety of tractors and trailers. These trucks are ideal for the large number of small, growing businesses, and emerging delivery companies. In addition to equipment sales, TEAM Vehicle Sales offers customers fleet evaluations, fleet planning, purchasing, and finance and asset management services. Other services provided to large fleet customers include contractual vehicle purchases, and sale/leaseback arrangements. National Team Vehicle Sales Centers are located in Atlanta, GA, Baltimore, MD, Charlotte, NC, Chicago, IL, Columbus, OH, Dallas, TX, Houston, TX, Indianapolis, IN, Las Vegas, NV, Miami, FL, Nashville, TN, Phoenix, AZ, St. Louis, MO, Tampa, FL, and Wilmington, DE. Visit the website at http://www.teamtrucks.com for a list of inventory or additional information.
    TEAM Vehicle Sales is a company formed in partnership with Trivest Partners, L.P., a private investment firm, which is a leading provider of equity for middle market corporate acquisitions, recapitalizations and growth capital financings. Since its founding in 1981, Trivest has sponsored more than 115 acquisitions and recapitalizations, totaling approximately $2.0 billion in value. Trivest recently closed its third institutional investment fund, Trivest Fund III, L.P. with $316.1 million in total commitments. For more information, please visit http://www.trivest.com.