RouteOne Signs Wachovia Dealer Services to its Online Credit Application Management System

FARMINGTON HILLS, Mich., Sept. 7 -- RouteOne LLC announced today that Wachovia Dealer Services, a national lender with approximately 14,000 dealer relationships nationwide, has joined its web-based credit application management system. Wachovia Dealer Services is the nation's sixth largest auto finance company and number one used car lender. They offer a broad spectrum of prime to non- prime credit quality automobile loans.

"Wachovia Dealer Services is a leading finance source, and an extremely valuable addition to the RouteOne service offering," said Mike Jurecki, RouteOne CEO. "We look forward to working with Wachovia Dealer Services dealers to ensure their success in leveraging the RouteOne platform."

"We are pleased that, by joining the RouteOne platform, we can offer our dealers greater choice, ease and convenience in conducting business with us," said Tom Wolfe, Wachovia Dealer Services President. "We expect this expanded service capability to both enrich our current relationships and capture additional business."

In addition to providing access to both captive and non-captive finance sources through a single portal, RouteOne offers a wide variety of tools to assist the dealer in managing their day-to-day business, such as a detailed reporting suite, DSP integration, and credit bureau access, all within a single desktop application. RouteOne's open integration business model allows the dealer to integrate with their choice of a wide variety of best-in-class partners, including Dealer Management Systems, CRM systems,

F&I modules, and menu providers. More information can be found at www.routeone.com.

About RouteOne

RouteOne was formed in 2002 by DaimlerChrysler Financial Services, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web- based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety best in class partners, including DSPs, CRM systems, F& I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at www.routeone.com.

About Wachovia Dealer Services

Wachovia Dealer Services, the sixth-largest auto finance company in the nation, is a subsidiary of Wachovia Bank, N.A. With regional offices serving 46 states across the country, they provide a broad credit spectrum of lending to the auto, RV and marine industries. In addition, commercial, real estate and floorplan financing as well as an array of banking services are available to dealers through Wachovia Bank. Wachovia Dealer Services has established relationships with over 14,000 auto, RV and marine dealers, a consumer loan portfolio of $22.8 billion and a commercial loan portfolio of $4.1 billion through Wachovia Bank.