lanelogic, Inc. Announces New Partners HBK and Cain Capital

DALLAS--lanelogic, Inc., the Wall Street-inspired automotive network that electronically trades used vehicles among automotive dealers nationwide, and Copart, Inc. recently closed a $10 million dollar equity investment from the Dallas-based hedge funds HBK Investments L.P., Cain Capital, L.L.C. and Bruce Thompson.

HBK Investments L.P. manages in excess of $11 billion in equity capital through offices in Dallas, New York, London, Tokyo and Hong Kong. Cain Capital, L.L.C. is a family office in Dallas, Texas.

lanelogic’s national rollout continues March 19, 2007 with the addition of 300 new dealers to the trading network from the Southeast and Northeast regions. These new trading participants will expand trading network to the Eastern U.S.

“lanelogic chose HBK and Cain Capital due to their size, access to capital and trading expertise,” stated Bruce Thompson, lanelogic’s founder and CEO. “lanelogic continues to set industry benchmarks with internet-based wholesale buy bids, put options, dynamic ideal inventory models that provide dealers a constant supply of their core units and a revolutionary buyback guarantee on every lanelogic-provided vehicle.”

Since its first trade in May 2006, the company has rapidly expanded its service beyond the Dallas trading area to include all of Texas, Oklahoma, Kansas, Missouri, Illinois, Wisconsin, Indiana, Michigan and Ohio.

ABOUT LANELOGIC

lanelogic redistributes vehicles from dealerships where certain vehicles are less likely to sell to dealerships with probabilities of selling specific makes, models or age of cars. lanelogic is led by CEO Bruce Thompson, former CEO and founder of used car inventory management system pioneer American Auto Exchange. The company operates through strategic alliances with American Auto Exchange, SGS Automotive Inspections, Dealer Services Corporation, Cross Country Transportation and The Great American Insurance Group.

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

Learn more about lanelogic by watching a video presentation: http://www.lanelogic.com/demo.