TRAK (MM)

High Transaction Volume Continues as DealerTrack Becomes the Leading End-to-End Sales and Finance Platform LAKE SUCCESS, N.Y., March 22 /PRNewswire-FirstCall/ -- DealerTrack Holdings, Inc. (NASDAQ:TRAK) today announced that over 100 million credit applications have now been processed on the DealerTrack platform. Connecting more than 21,000 dealers with over 200 financing sources, the DealerTrack platform has revolutionized the automotive retailing industry in the last five years by streamlining the sales and finance process for dealers and finance sources across America. Overall volume of transactions processed in the DealerTrack network in 2005 grew more than 54 percent over 2004, and includes credit applications, credit bureaus, and loans processed through DealerTrack's eContracting solution. "We are excited to announce this milestone, which underscores the increasing use of DealerTrack's end-to-end solution," said Vince Passione, President of DealerTrack, Inc. "In 2001, we launched the DealerTrack network to transform the process of submitting credit applications by utilizing the Internet. Just five years later, we have not only surpassed the mark of 100,000,000 credit applications processed, but more importantly, we have evolved into a comprehensive end-to-end sales and finance solution for the automotive retail industry." The DealerTrack platform supports the stages of a deal from lead acquisition and desking to eContracting and the presentation of aftermarket services and products. DealerTrack offers these capabilities as subscription products within the platform, providing an integrated workflow that reduces duplicate data entry and eliminates the need to access multiple systems. Using a consistent deal process, facilitated by DealerTrack's subscription products, can also help dealers become more compliant. Passione continued, "We have created a seamless, continuous deal process within DealerTrack that helps dealers and financing sources achieve greater efficiencies and improve their profitability." About DealerTrack (http://www.dealertrack.com/) DealerTrack is a leading provider of on-demand software and data solutions for the automotive retail industry in the United States. DealerTrack utilizes the Internet to link automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as the major credit reporting agencies. DealerTrack has established a network of active relationships with over 21,000 automotive dealers, including over 80% of all franchised dealers; over 200 financing sources, including the 20 largest independent financing sources in the United States and nine captive financing sources; and a number of other service and information providers to the automotive retail industry. DealerTrack's credit application processing product enables dealers to automate and accelerate the indirect automotive financing process by increasing the speed of communications between these dealers and their financing sources. DealerTrack's integrated subscription-based software products and services enable automotive dealer customers to receive valuable consumer leads, compare various financing and leasing options and programs, sell insurance and other aftermarket products, document compliance with certain laws and execute financing contracts electronically. Safe Harbor for Forward-Looking and Cautionary Statements Certain statements in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include the expected benefits of DealerTrack's new products for DealerTrack's customers. 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: increased competitive pressure from other industry participants and the inability to execute any element of DealerTrack's business strategy, including selling additional products and services to existing and new customers; risks associated with DealerTrack's systems and networks, including security breaches and events beyond DealerTrack's control; the impact of the automotive retail industry on DealerTrack's business; the impact of federal and state legislation on DealerTrack's business; DealerTrack's success in expanding its customer base and product and service offerings as well as in pursuing acquisitions and strategic alliances. Other factors which could materially affect such forward-looking statements can be found in DealerTrack's filings with the Securities and Exchange Commission, including the risk factors included in DealerTrack's Registration Statement on Form S-1 (File No. 333-126944). Investors, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and we undertake no obligation to publicly update such forward- looking statements to reflect subsequent events or circumstances. CONTACT: Liz Zale DealerTrack, Inc. (516) 734-3758 Jen Malloy RF|Binder Partners (212) 994-7542 DATASOURCE: DealerTrack Holdings, Inc. CONTACT: Liz Zale of DealerTrack, Inc., +1-516-734-3758, ; or Jen Malloy of RF|Binder Partners, +1-212-994-7542, Web site: http://www.dealertrack.com/

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