TRAK (MM)

LAKE SUCCESS, N.Y., Feb. 28 /PRNewswire-FirstCall/ -- 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 Thomas R. Gibson has resigned from its board of directors, effective today. The company had previously announced that it expected Gibson to resign, as his role as a senior advisor to Cerberus LLC made it difficult for him to continue to fulfill his responsibilities on the DealerTrack board. "Tom Gibson has made many significant contributions to DealerTrack's growth, and we would like to thank him for his dedicated service," said Mark O'Neil, DealerTrack's chairman and chief executive officer. Gibson said, "I cannot express how much I have enjoyed working with DealerTrack's senior management and my fellow board members over the past three years. I believe Mark and his team are doing a terrific job and should be immensely proud of the company they have built, the results they have achieved, and the bright future I foresee for the company." About DealerTrack (http://www.dealertrack.com/) DealerTrack Holdings, Inc. (NASDAQ:TRAK) is a leading provider of on-demand software and data solutions for the U.S. automotive retail industry. Our solutions enable dealers to receive consumer leads, submit credit applications, compare financing and leasing options, sell insurance, vehicle accessories and other aftermarket products, document compliance, and execute financing contracts electronically. In addition, the DealerTrack Arkona dealer management system (DMS) is used by dealerships nationwide. Over 22,000 dealers, 500 financing sources, and many other service and information providers are active in the DealerTrack network. For more information, visit http://www.dealertrack.com/. TRAK-G Contacts: Raphael Carty DealerTrack (516) 734-3777 Stephanie Lowenthal RF|Binder Partners (212) 994-7619 DATASOURCE: DealerTrack Holdings, Inc. CONTACT: Raphael Carty of DealerTrack, +1-516-734-3777, ; Stephanie Lowenthal of RF|Binder Partners, +1-212-994-7619, Web site: http://www.dealertrack.com/

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