DealerTrack Launches BookOut Pro, Enabling Dealers to Efficiently Book Out Vehicle Inventory

LAKE SUCCESS, Jan. 4, 2006 -- DealerTrack, Inc. today announced the launch of BookOut Pro, the next generation of BookOut that allows automotive dealers to automatically book out their new and used vehicle inventory.

BookOut Pro is a simple, automated tool that helps dealers manage and obtain the value of their vehicles. Inventory information is integrated with used vehicle valuations from N.A.D.A.(R), Black Book(R) or Kelley Blue Book(R), so dealers can upload and automatically book out their entire stock of vehicles through DealerTrack.

Vince Passione, president of DealerTrack, said, "BookOut Pro reduces the time dealers spend managing sales workflow by automating the process of obtaining values for their inventory. The ability to upload and book out all of their vehicle inventory within the DealerTrack platform is an important enhancement for our dealer customers."

  With BookOut Pro, dealers can:

  * Automatically book out their entire inventory
  * Cleanse and normalize vehicle data with proprietary DealerTrack
    technology using VIN Decoders, N.A.D.A., Black Book and Kelley Blue Book
  * Upload vehicle information from multiple sources, including Dealer
    Management Systems, sticker companies and spreadsheet files, or add
    vehicles manually

Bob Burnett, president of Black Book, commented, "We are very pleased with the positive response to the availability of Black Book data in DealerTrack's BookOut application. The enhancements included with BookOut Pro make it even easier to use Black Book information by further streamlining and automating the entire vehicle valuation process."

About DealerTrack

DealerTrack is a leading provider of on-demand software and data solutions for the automotive retail industry in the United States. DealerTrack utilizes the Internet to link automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as the major credit reporting agencies. DealerTrack has established a network of active relationships with over 21,000 automotive dealers, including over 80% of all franchised dealers; over 175 financing sources, including the 20 largest independent auto financing sources in the United States and eight captive financing sources; and a number of other service and information providers to the automotive retail industry. DealerTrack's credit application processing product enables dealers to automate and accelerate customer financing by increasing the speed of communications between these dealers and their financing sources. DealerTrack's integrated subscription-based software products and services enable automotive dealers to: receive valuable consumer leads; compare financing and leasing programs; sell insurance and other aftermarket products; document compliance with certain laws; and execute financing contracts electronically.