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Reynolds and Reynolds Signs Agreement With AutoNation

13 May 1999

Reynolds and Reynolds Signs Agreement With AutoNation

    DAYTON, Ohio--May 12, 1999--The Reynolds and Reynolds Company has entered into a two-year, multi-million dollar agreement with AutoNation, Inc. , formerly Republic Industries, Inc., to provide business forms and document management services to AutoNation's franchised vehicle dealerships and used vehicle megastores throughout the United States.
    "We are very pleased to be selected as the forms management services provider for AutoNation," said Tom Suttmiller, senior vice president and general manager, Automotive Products and Fixed Services Group. "We are committed to delivering world-class services, products and solutions that enhance the business performance of our customers."
    According to Phil Carter, vice president of AutoNation Corporate Purchasing, "Forms and forms management is a substantial expense to our dealerships. With Reynolds and Reynolds' help, we expect to achieve sizeable cost reduction in this realm through lowered unit pricing and a streamlined, standardized forms library."
    AutoNation, Inc. is the world's largest automotive retailer with more than 380 franchised dealerships and 45 AutoNation USA used vehicle megastores in 13 states. AutoNation also owns Alamo Rent-A-Car, National Car Rental System, and CarTemps USA, which have combined operations in the United States and in more than 65 countries. AutoNation's 1998 revenues of $17.5 billion ranked 83rd on the Fortune 500 list of America's largest companies.
    Reynolds and Reynolds, headquartered in Dayton, Ohio, is a leading provider of integrated information management systems and related value-added services to automotive and general business markets. The company has reported revenues of about $1.5 billion for the 12 months ended March 31, 1999. For more information on Reynolds and Reynolds, visit the company's World Wide Web site at www.reyrey.com, or call The Reynolds and Reynolds Information Hotline at 1-888-4REYREY.