Bay View Joins the Finance Express Auto Finance Program

RANCHO SANTA MARGARITA, Calif., Dec. 21, 2005 -- Finance Express, which operates the first and only online auto finance platform specifically designed for the independent dealer, today announced that it has signed an agreement with Bay View Acceptance Corporation, to join its online auto finance program. Bay View currently offers its auto dealerships prime retail contract products in 32 states.

About Finance Express:

Formally launched on March 27, 2005, Finance Express has become the standard for the independent auto industry. The Finance Express system provides financing programs for all levels of credit through its national and regional lenders, with many more national lenders scheduled for activation in the first quarter of 2006. It offers an integrated menu of services including credit application processing, credit bureau access, inventory management, electronic contracting, lead generation, dealer management tools and licensed escrow services. It is the only program available that provides auto dealers with online access to lenders, credit bureaus, customer leads and a full range of dealer management services in an easy-to-use, single seamless solution, and at the same time provides auto lenders with the assured safety and security of completing the title transfer, lien registration and funding process through a fully licensed escrow company.

About Bay View Acceptance Corp.:

Bay View Acceptance Corporation acquires retail auto installment contracts from franchised and high-quality independent automobile dealers in 32 states. Bay View offers specialized products, including extended term financing and larger advances, to customers with prime credit scores. Bay View services approximately 37,000 auto contracts with an aggregate outstanding balance of $759 million. For additional information regarding the programs offered by Bay View Acceptance Corporation please contact John Moody, Senior Vice President at jmoody@bvac.com.

David Huber, the President of Finance Express said, "We are extremely excited about the addition of Bay View Acceptance Corp. to our growing family of lenders. They are an established leader in independent automobile financing and we believe that the addition of their financing programs to the Finance Express system will offer significant benefits to our dealers and the customers they serve."

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