lanelogic Files Patent in United States Patent and Trademark Office; lanelogic Files Product Patent for lanelogic Processes and Software Design

DALLAS--Feb. 2, 20062, 2006--lanelogic, the used vehicle market maker filed a patent for its proprietary processes and architecture. February 9, 2006, a Patent was filed in the United States Patent and Trademark Office for lanelogic. Also, filed February 9, 2006, a Patent was filed for lanelogic's Fresh Trade Auction.

The Patents were filed just prior to lanelogic's launch and exhibit at one of the industry's largest automotive trade shows, NADA (National Automotive Dealers Association). lanelogic was overwhelmingly received from dealers from all over the country, who have committed to join the lanelogic's network after learning about the benefits the company has to offer including risk-free inventory, 5-minute electronic bids for old aged or trade-in vehicles, and its high-profile billion dollar corporate partners.

"Filing the Patents is another milestone in our strategic plan," stated Bruce Thompson, founder/CEO of lanelogic. "The response lanelogic has received from dealers has been phenomenal, it's very exciting to see how our model is being validated by the dealers all over the country."

About lanelogic

lanelogic is the used-vehicle market-maker that uses real-time sales data to conduct electronic trading between automotive dealers nationwide. lanelogic acts as a buying agent, discerning which used vehicles specific dealerships are most likely to sell quickly for the optimal sales price, and which vehicles those dealerships should trade or send to lanelogic's Fresh Trade Auction. lanelogic's 45-day buyback guarantee on all lanelogic-provided vehicles means that lanelogic eliminates the high risks of aged used-vehicle inventory -- the single-greatest risk faced by automobile dealerships that buy, sell, or trade used vehicles. Additionally, lanelogic reduces dealers' inventory risks by providing the nation's first Fresh Trade Auction site as an efficient alternative for those vehicles that cannot be matched to a franchise store.

Launched in November of 2005 in Dallas, Texas, as a subsidiary of Internet pioneer VB2/Copart , lanelogic's credibility is bolstered by its leadership in the form of CEO/Founder Bruce Thompson, former CEO and founder of American Auto Exchange. Strategic Alliances with VB2, American Auto Exchange, American Broadcasting Company Auctions (ABC Auctions), SGS, and Great American Insurance mean that lanelogic is uniquely positioned to gather the needed inventory intelligence, to deliver the industry's first real-time intelligent vehicle trading platform.

For more information, please visit: www.lanelogic.com