DealerTrack Connects 750th Financing Source to Its Industry-Leading Network

* Reuters is not responsible for the content in this press release.

Mon Jun 29, 2009 7:30am EDT

LAKE SUCCESS, N.Y.--(Business Wire)--
DealerTrack, Inc., a subsidiary of DealerTrack Holdings, Inc. (Nasdaq: TRAK), a
leading provider of on-demand software and data solutions for the U.S.
automotive retail industry, today announced that the number of active financing
sources connected to the DealerTrack network has reached 750. 

"Our achievement of this historic milestone for the DealerTrack network
underscores our commitment to helping dealers succeed in this credit-challenged
market," said Mark O`Neil, chairman and chief executive officer of DealerTrack.
"We believe the large and growing number of lenders on our network continues to
provide a critical competitive advantage for our dealer customers by making more
finance sources available to help them close sales." 

Approximately 90 percent of all franchised automotive dealers in the United
States are active users of DealerTrack`s network. Through DealerTrack, dealers
can electronically submit credit applications to the industry`s largest and most
diverse network of banks, independent finance companies, captive finance
companies, credit unions and regional banks. In addition to its market-leading
credit network, DealerTrack is a leading provider of both on-demand dealer
management systems (DMS) and inventory management solutions in the United
States. DealerTrack subscription and other transaction-based products integrate
with the credit application process and provide an end-to-end dealership
technology solution. 

About DealerTrack (www.dealertrack.com)

DealerTrack`s high-value software solutions for the automotive retail industry
enhance efficiency and profitability across every department in a dealership.
DealerTrack`s Dealer Management System (DMS) delivers flexible and
cost-efficient functionality to manage dealership data and operations. Its
Inventory Management, Sales and F&I, and Compliance solutions help optimize
dealership inventory, increase sales and protect against legal risks.
DealerTrack operates a leading online automotive credit application network,
which includes approximately 19,000 dealers and over 750 financing sources. For
more information, visit www.dealertrack.com. 

Safe Harbor for Forward-Looking and Cautionary Statements

Statements in this press release regarding additional financing sources joining
the DealerTrack network, the benefits to dealers of the DealerTrack network and
all other statements in this release other than the recitation of historical
facts are forward-looking statements (as defined in the Private Securities
Litigation Reform Act of 1995). These statements involve a number of risks,
uncertainties and other factors that could cause actual results, performance or
achievements of DealerTrack to be materially different from any future results,
performance or achievements expressed or implied by these forward-looking
statements. 

Factors that might cause such a difference include: success in expanding our
customer base and product and service offerings; connecting additional financing
sources to the DealerTrack network and other risks listed in our reports filed
with the Securities and Exchange Commission (SEC), including our Annual Report
on Form 10-K for the year ended December 31, 2008. These filings can be found on
DealerTrack's website at www.dealertrack.com and the SEC's website at
www.sec.gov. Forward-looking statements included herein speak only as of the
date hereof and DealerTrack disclaims any obligation to revise or update such
statements to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events or circumstances. 

TRAK-G 



DealerTrack
Mark Brown, 516-734-3887
mark.brown@dealertrack.com
or
RF|Binder Partners
Anuj Baveja, 212-994-7552
anuj.baveja@rfbinder.com

Copyright Business Wire 2009

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