"The Finance Express platform creates profit opportunities for
independent dealers while increasing dealership compliance at the same time; I
am proud to be a part of this dynamic opportunity."
Keith Whann
Principal, Whann & Associates
General Counsel, NIADA
"Finance Express is the best platform I've seen for integrating buy here pay here
and special finance together. It can be a total capital solution."
Kenneth B. Shilson, CPA
President, Subprime Analytics
Principle, Shilson, Goldberg, Cheung & Associates, LLP
Founder and President, National Alliance of Buy Here Pay Here Dealers
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COMPLYNET CORPORATION SIGNS RED FLAGS AGREEMENT
WITH FINANCE EXPRESS
RANCHO SANTA MARGARITA, CA, February 27, 2009 -- Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that ComplyNet Corporation has entered an agreement to join the Finance Express online dealer management system. ComplyNet Corporation offers online and on-site compliance and risk management tools to dealers throughout the country.
"The way a dealer manages regulatory compliance can mean the difference between success and failure in today's marketplace." says Dave Huber, President of Finance Express. "One of the reasons Finance Express has been so successful is that we have designed a system that can respond to new compliance issues. We understand dealers' day to day problems and want to provide solutions that don't require them to try to manage numerous software or web-based applications."
Mr. Huber adds, "Our dealers are about to be confronted with a new regulatory challenge -- the Red Flags Rule -- and ComplyNet's solution is seamlessly integrated into our application. Our dealers will save time and money with this application while enjoying the most robust compliance tools on the market today."
Phil Troy, President of ComplyNet, remarks, "The Finance Express platform is a perfect fit for our ongoing expansion. We are excited to bring our Red Flags solution to Finance Express subscribers. This kind of partnering saves dealers money and time."
About Finance Express
Finance Express is the leading provider of online services and web-based technology for the independent dealer market including a comprehensive DMS with functions such as dealer inventory management, credit application processing, electronic contracting, links to lending sources, dealer management tools, loan servicing and accounting systems and licensed escrow services. The comprehensive program provides dealers online access to a single, seamless solution and insures a safe and secure environment for participating lenders. ComplyNet's Red Flags Tool augments our already powerful compliance functionality.
About ComplyNet Corporation
Illinois-based ComplyNet was established in 1994. ComplyNet provides online and on-site systems that help dealers comply with regulations from OSHA, EPA, DOT, FTC and other agencies. ComplyNet's new Red Flags Rule Solution complements the company's Privacy Act programs.
CONTACT:
David L. Huber
Finance Express
949.635.5892
dhuber@financeexpress.com
Philip Troy
ComplyNet Corporation
847.655.2907
Phil.Troy@complynet.com
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