Finance Express Signs Agreement with Automotive Finance Corp.

RANCHO SANTA MARGARITA, Calif., May 4, 2005 -- Finance Express, LLC, which operates the first online auto finance platform specifically designed for the independent dealer, today announced that it has signed an agreement with Automotive Finance Corp. (AFC) to introduce the Finance Express program to its dealers.

The agreement will offer the Finance Express program to all qualified AFC independent auto dealers throughout the United States. The President of Finance Express, David Huber, said, "We believe that our relationship with AFC will provide an additional level of security for the participating lenders on the Finance Express program and will be a significant benefit to all of our participating dealers and lenders. We are extremely excited about the number of quality dealers this partnership will bring to the growing family of FEX customers."

Margo Hanulak, a Vice President for Automotive Finance Corp., expressed that she was excited to have the opportunity to make the FEX system available to AFC's dealer base.

About Finance Express:

Finance Express provides financing programs for all levels of credit through 31 national and regional auto lenders. It is an integrated menu of services including credit application processing, credit bureau access, inventory management, electronic contracting, dealer management tools and licensed escrow services. The system is a complete solution that provides auto dealers with access to lenders, credit bureaus and dealer management tools, and at the same time through its fully licensed Escrow company, provides auto lenders with a method of completing their transactions safely and securely.

About Automotive Finance Corp.:

Automotive Finance Corporation (AFC) is the premier provider of financial services for independent dealers. AFC's floorplanning services are available to qualified dealers in the United States and Canada. Founded in 1987 and based out of Carmel, Indiana, AFC has grown to be one of the largest providers of used vehicle dealer floorplanning in the automotive industry. The company's operations span the United States and Canada providing their dealers access to over 500 approved auctions as well as offering over 83 AFC branches and loan production offices to service their dealers' needs. For further information on AFC, please visit the company's website at http://www.afcdealer.com/.

Independent auto dealers and lenders interested in obtaining more information about the Finance Express program may contact David Huber at dhuber@financeexpress.com.

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.