DriveTime Automotive Looks to Speed Critical Decision-Making with Informatica

Informatica Data Integration Platform Will Help Leading Pre-Owned Car Company Better Leverage Critical Business Information

REDWOOD CITY, Calif., July 28 -- Informatica Corporation , a leading provider of data integration and business intelligence software, today announced that DriveTime Automotive Group, Inc., the nation's largest chain of pre-owned car dealerships focused exclusively on the subprime market, selected Informatica PowerCenter to help support inventory management, enhance accounting accuracy and better customize loan offerings for customers.

DriveTime underwrites, finances and services contracts generated at its 76 dealerships across eight states. With the help of Informatica PowerCenter, DriveTime will replace its legacy information systems with a data warehouse to better consolidate critical information -- such as inventory, accounting, risk-management, loan-servicing and human-resources data -- for strategic analysis.

"After exploring a number of vendors in the space, we chose Informatica for its outstanding enterprise data integration and metadata capabilities," said Steven Geary, IT director at DriveTime Automotive Group, Inc. "PowerCenter will help us better support our ongoing data warehousing initiatives, which are focused on centralizing enterprise-wide business information to enable actionable insight. Informatica's industry-leading platform will help us keep up with the ever-increasing pace of change in our business."

"As an innovator in its field, DriveTime recognizes how important it is to continuously improve the efficiency of critical business processes," said Sanjay Poonen, senior vice president of worldwide marketing at Informatica. "Increasingly we find that companies are improving their competitive advantage by bridging information silos using enterprise data integration. We look forward to helping DriveTime increase its differentiation with more rapid business decisions."

Informatica PowerCenter is the industry-leading data integration platform for building, deploying, and managing enterprise data warehouses, and other data integration projects. Informatica PowerCenter helps enable users to easily transform data from disparate enterprise systems and sources into reliable information to support strategic business initiatives.

About Informatica

Informatica Corporation is a leading provider of data integration and business intelligence software. Using Informatica products, Global 2000 companies can leverage their existing information assets for enterprise insight that helps them improve business performance, increase customer profitability, streamline supply chain operations and proactively manage regulatory compliance. With more than 1,800 companies worldwide, Informatica addresses companies' end-to-end needs for enterprise data integration and business intelligence. For more information, call +1-650-385-5000 (800-970-1179 in the U.S.), or visit the Informatica Web site at www.informatica.com.