The Aimbridge Group Reaches Landmark Agreement with CUILA; Agreement Presents National Growth Opportunity for Aimbridge

    DENVER--May 7, 2003--The Aimbridge Group, a provider of financial products through partnerships with credit unions, has contracted to sell its automotive indirect lending business in Colorado and Wyoming to Credit Union Indirect Lending Association (CUILA, Inc.).
    CUILA, Inc. is a Colorado-based credit union service organization (CUSO) of more than 50 credit unions dedicated to offering members convenient access to credit union financing.
    CUILA will assume full responsibility for indirect lending operations May 1, 2003 and will continue to use The Aimbridge Group's technology so that credit unions can remain connected to dealers and perform complex credit risk evaluations until the sale is complete.
    "CUILA now represents credit unions we've served since the 1980s," said Steve Bentley, CEO and chairman of the board of The Aimbridge Group. "While the relationship with these credit unions has changed for indirect automobile lending, we look forward to our continued relationship with them through our direct automotive sales, leasing, balloon notes, financial services and mortgage products."
    According to Bentley, the agreement with CUILA gives The Aimbridge Group additional capital to fund its national expansion for all its product lines.
    Bentley also noted that Aimbridge Indirect Lending, a division of The Aimbridge Group, will originate more than $1 billion of loans this year through its indirect lending operations in other markets even after the sale to CUILA.

    About The Aimbridge Group

    Founded in 1984 and headquartered in Denver, The Aimbridge Group markets financial products, such as auto loans, leases balloon notes and insurance products through partnerships with credit unions. The company helps their partners attract members and deepen their relationships by providing members with more reasons to do business with their credit unions.
    The Aimbridge Group is comprised of five divisions, including Aimbridge Indirect Lending, Aimbridge Leasing, Aimbridge Financial Services, Aimbridge Mortgage and Aimbridge Automotive Group. While the company is headquartered in Denver, it has remote offices in: Austin, Texas; Dallas, Texas; St. Louis, Mo.; Pequannock, NJ; Chicago, Ill.; Charleston, S.C. and Jacksonville, Tampa, Orlando and Miami in Florida.
    For additional information, write Aimbridge Indirect Lending at 4610 S. Ulster Street, Suite 300, Denver, CO 80237 or contact Steve Bentley at 843.853.4014. Visit its Web site at www.aimbridge.com.