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Reynolds and Reynolds Appoints Executive to Work With Strategic Partner e-fin LLC

29 June 2000

Reynolds and Reynolds Appoints e-Market Executive to Work Exclusively with Strategic Partner e-fin LLC

    HICKORY, N.C. - The Reynolds and Reynolds Company, the leading automobile 
retail management systems services company in North America, today announced the 
appointment of Christopher Morris to Director, e-Markets.  Morris' primary 
responsibility is to coordinate the company's strategic alliance with e-fin LLC 
and enhance it through such key activities as joint product introductions.

    e-fin electronic finance marketplace, is the first and most comprehensive 
full-service online indirect auto finance channel of its kind. The e-fin 
solution enhances the relationships between dealers and their existing financial 
institution partners by enabling an easy, on-line exchange of credit application 
and product offering information.

    Reynolds and Reynolds entered into partnership with e-fin last year as
part of its strategy to better leverage the power of the Internet for its
automotive customers.

    "The e-fin solution is designed to enhance the relationships between
retailers and their existing financial institution partners. We're looking to
eliminate the "friction point" of faxing applications to multiple lenders by
offering powerful new e-solutions. These will include products and services
that will enable the dealer to quickly make competitive loan and lease offers
to customers, while streamlining and automating the credit application and
product offer process," Morris states.

    Morris began his career with Reynolds and Reynolds in 1998, responsible
for Advanced Products marketing.  Directly prior to joining the company, he
served as the Vice President of Marketing for manufacturing giant Copeland
Corporation, a subsidiary of Emerson Electric.  He holds a BA in Economics
from Dartmouth and an MBA from the University of Chicago School of Business.

    "Chris brings all the depth of Reynolds and Reynolds industry leadership
to bear on future endeavors we'll pursue.  A dedicated resource to the
partnership is a powerful statement in and of itself.  The caliber of
experience and business savvy that Chris himself brings to the position is an
undeniable bonus, " says e-fin President & CEO David Sinclair.

    More than 250 dealers nationwide have chosen e-fin Electronic Financial
Marketplace as their source for electronic credit transactions, as well as a
variety of lending sources, prime to subprime.  The first and most
comprehensive service of its kind, e-fin provides dealers with access to more
financing resources while decreasing application approval time.

    Reynolds and Reynolds, headquartered in Dayton, Ohio, is intent on leading
the transformation of worldwide automotive retailing with information
management, e-Customer Relationship Management and Internet solutions. The
company reported revenues of $1.56 billion for the fiscal year ended Sept. 30,
1999.