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Gage Wagoner Named 2006 Upstream Remarketer of the Year

LAS VEGAS, March 10 -- Driveitaway, Inc. named Gage Wagoner, Fleet Manager for Philips Medical Systems, the 2006 Upstream Remarketer of the Year today. The Award was presented by Driveitaway Vice Chairman and Founder John Possumato and Bobit Media Chairman and CEO Ed Bobit at the 11th Annual Conference of Automotive Remarketing (CAR).

Each year the Award will be presented to one industry executive who has demonstrated leadership in the field of upstream vehicle remarketing. "In this, its inaugural year, Gage Wagoner is the obvious choice," said Possumato. "He has been a leader in leveraging a basic upstream remarketing program to deliver a broader range of benefits to the Philips fleet and Philips employees. Gage has realized significant increased net realization dollars for his turn in units, and his analysis and feedback helped develop effective benchmark reporting metric reports for all upstream programs, which is vital to the evolution of the upstream remarketing industry," said Possumato.

"Effective remarketing of end-of-term vehicles saves Philips hundreds of thousands of dollars annually," Wagoner noted. "And with more visibility into the disposal process we can improve our lifecycle management and ensure excess wear-and-tear costs are properly allocated to the business units responsible."

Philips Medical Systems remarkets its more than 3,600 cars, vans and SUVs through LeasePlan USA's reDrive! upstream program, powered by Driveitaway.

About Driveitaway Inc.

Driveitaway is the leading provider of web-based upstream commercial fleet remarketing programs. Powered by Driveitaway's technology, fleets and leasing companies realize higher net proceeds from sales of cars, vans, SUVs and trucks while allowing drivers and employees to buy at close to wholesale prices. For more information, please visit http://www.driveitaway.com/.

About Bobit Business Media

Bobit Business Media is a diversified national information company providing news and knowledge to business people within specialized industry segments. The Company's publications, trade shows, web sites, research and associations are the authoritative source of information for motor vehicle fleet segment. For more information, please visit http://www.bobit.com/ and http://www.carconference.com/.

About LeasePlan

LeasePlan is the innovative global leader in vehicle leasing and fleet management solutions, with a fleet of more than 1.2 million vehicles across the globe. LeasePlan offers a flexible and unique range of products and services to meet the changing needs of commercial fleets. For more information, please visit http://www.us.leaseplan.com/.

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