Mercedes-Benz Financial Launches 'The coolest way to pay' with New Apple iPhone App

- First automotive finance company to launch iPhone App with account management feature - Secure functionality enables customers to view accounts - Mobile payment technology allows users to pay anytime, anywhere

FARMINGTON HILLS, Mich., Oct. 5 -- Mercedes-Benz Financial is the first automotive financial services company to launch personalized and convenient account management features with the unveiling of its new iPhone(TM) App. The free download, now available on the Apple App Store, allows customers to make payments, view their account summary and request payoff information on existing accounts on the iPhone and iPod Touch(TM).

The Mercedes-Benz Financial App is available for free from the App Store on iPhone and iPod touch or at www.itunes.com/appstore/

Account holders must first register online at Mercedes-BenzFinancial.com to access the account management features of the app. Detailed instructions are available at Mercedes-BenzFinancial.com/iPhone.

All iPhone and iPod touch users, even those who are not Mercedes-Benz Financial customers, will be able to locate the nearest Mercedes-Benz authorized dealer location, contact a customer service representative and see what's new from Mercedes-Benz Financial.

"We recognize the need for multiple communication channels in today's mobile environment," stated Franz Reiner, Vice President, Mercedes-Benz Financial. "The iPhone App provides our customers with another means to communicate with us and is a natural extension of the account management functions already available on www.Mercedes-BenzFinancial.com."

Mercedes-Benz Financial will support the launch with a marketing campaign titled, "The coolest way to pay." Please visit www.Mercedes-BenzFinancial.com/iPhone for more information.

About Mercedes-Benz Financial

Mercedes-Benz Financial, now in its 27th year of operation, provides financing for Mercedes-Benz dealers' inventories and their retail customers. Currently, more than 450,000 drivers in the United States enjoy the benefits of leasing or financing their Mercedes-Benz vehicles through Mercedes-Benz Financial. Mercedes-Benz Financial and its affiliates operate in the United States, Canada, Mexico, Brazil and Argentina. Mercedes-Benz Financial is part of Daimler Financial Services, headquartered in Berlin, Germany, operating in 40 countries. Daimler Financial Services is one of the leading financial services enterprises worldwide. For more information visit www.Mercedes-BenzFinancial.com

NOTE TO EDITORS: Please call Mercedes-Benz Financial PR contact at 248-991-6610 to set up interviews