MANHEIM HONORED BY FROST & SULLIVAN

FOR IMMEDIATE RELEASE                        Contact:           Andrew
Maraniss

September 26, 2006
McNeely Pigott & Fox

 
(615) 259-4000

 

MANHEIM HONORED BY FROST & SULLIVAN

WITH AWARD RECOGNIZING CLIENT VALUE AND INNOVATION

 

            SAN ANTONIO, Texas - For its innovation in technology and
its focus on continuously providing outstanding service to customers,
Manheim has today been recognized with the 2006 Vehicle Remarketing
Client Value Enhancement Award in by Frost & Sullivan.

 

            The prestigious award was presented at the Frost & Sullivan
2006 Growth Excellence Awards Banquet, which honored Manheim and a
select group of other companies and individuals for demonstrating
leadership and executing innovative and successful business strategies
in a highly competitive global marketplace.

 

            "Being recognized by Frost & Sullivan is further validation
of our ongoing commitment to our customers," said Bill Fielding,
Manheim's vice president, technology. "We strive to offer and constantly
refine our products and services in ways that positively - and
efficiently - impact each of our customers' business." 

 

            Specifically, Manheim was honored for its industry
leadership in such areas as Web Simulcast Auctions, Online Vehicle
Exchange, and manheim.com that enables customers to participate remotely
in any Manheim auction because of a one-stop access approach.   

 

            "Frost & Sullivan is pleased to recognize Manheim as its
2006 Vehicle Remarketing Client Value Enhancement Award recipient," said
Mary-Beth Kellenberger, Senior Consulting Analyst at Frost & Sullivan.
"Manheim is committed to using technology to directly address issues
that impact client profitability and operational efficiency, and that
translates to increased customer satisfaction for Manheim."

 

            Manheim was honored for its technology innovation in a
number of service areas, including this representative sampling:

 

*	Simulcast - Manheim's real-time remote bidding product brings
the live auction to its buyers and sellers.  Simulcast allows dealers to
participate in auction sales remotely by providing real-time audio and
video of the live auction.  Dealers can bid and purchase vehicles as
though they were standing in the auction lane.    
*	Online Vehicle Exchange (OVE) - Manheim's electronic hub, where
dealers and consignors can buy and sell 24/7 from anywhere they can
connect to the Internet.
*	Immediate auction access - Customers can participate remotely in
any Manheim auction because of a one-stop access approach.  When
customers visit manheim.com and verify their dealer information, they
receive access to all online sales where they can begin bidding on
vehicles immediately.

 


About Manheim 


 

Manheim is the world's leading provider of automotive remarketing
services.  Through its wholesale auctions and array of technology
products, Manheim impacts every stage of a used vehicle's life cycle,
helping commercial sellers and automobile dealers realize the full value
of their vehicles.  

 

The company's auction services include reconditioning, certification,
inspections, dealer financing, transport, title management and
marshaling, among others.  Manheim is also the leader in remarketing
technology, using its online tools to connect buyers and sellers around
the globe to the world's largest, most comprehensive wholesale
marketplace.  In 2005, Manheim handled nearly 10 million used vehicles -
and sold more than 5 million - representing more than $50 billion in
value.

 

Manheim's subsidiary companies provide value-added remarketing products
and services, including paintless dent removal (Dent Wizard), Auto Body
Repair, and salvage vehicle remarketing (Total Resource Auctions).  

 

            A wholly owned subsidiary of Cox Enterprises, Atlanta-based
Manheim is a global organization with 32,000 employees at its 139 U.S.
and international locations.  For more information, visit
www.manheim.com.  

 

About Frost & Sullivan 

            

            Frost & Sullivan, a global growth consulting company, has
been partnering with clients to support the development of innovative
strategies for more than 40 years. The company's industry expertise
integrates growth consulting, growth partnership services, and corporate
management training to identify and develop opportunities. Frost &
Sullivan serves an extensive clientele that includes Global 1000
companies, emerging companies, and the investment community by providing
comprehensive industry coverage that reflects a unique global
perspective and combines ongoing analysis of markets, technologies,
econometrics, and demographics. For more information, visit 
http://www.frost.com <http://www.frost.com/>  . 

 

            Frost & Sullivan Best Practices Awards recognize companies
in a variety of regional and global markets for demonstrating
outstanding achievement and superior performance in areas such as
leadership, technological innovation, customer service, and strategic
product development. Industry analysts compare market participants and
measure performance through in-depth interviews, analysis and extensive
secondary research in order to identify best practices in the industry.
For more information, visit http://www.awards.frost.com
<http://www.awards.frost.com/> . 

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