Commerce Bank Selects the DealerTrack Specialty Solutions Network to Facilitate Internet-based Loan Originations

LAKE SUCCESS, N.Y., Oct. 29 /PRNewswire-FirstCall/ -- DealerTrack Holdings, Inc. (NASDAQ: TRAK) today announced that Commerce Bank, N.A., a subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH) , has signed an agreement to participate on DealerTrack's online specialty financing platform. DealerTrack is a leading provider of on-demand software and data solutions for the automotive and specialty retail industries. Once implemented, recreational vehicle (RV) and marine dealers nationwide will use the DealerTrack Specialty Solutions platform to electronically submit consumer loan applications as well as complete the loan contracts with Commerce Bank.

"Commerce Bank maintains a significant presence in the recreational lending industry, and we value the relationships we have with our dealers," said Leonard Metzger, Commerce Bank senior vice president of dealer financial services. "Commerce Bank's partnership with DealerTrack goes back many years in the auto industry and I'm excited that we'll now have the ability to offer this technology to our dealers in the RV and marine industries. The reality is that consumers expect and demand that the loan process be handled quickly and efficiently. DealerTrack's platform will help Commerce Bank meet both our dealers' and customers' needs."

"It is our commitment to provide dealers with access to a wide variety of products and services that will help them be more successful," said Patrick Staudt, DealerTrack Specialty Solutions Group vice president. "Adding Commerce Bank to our growing lender community is a continuation of that commitment."

About DealerTrack

DealerTrack (NASDAQ: TRAK) is a leading provider of on-demand software and data solutions for the U.S. automotive and specialty 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 company provides dealer management systems (DMS) through its Arkona, Inc., subsidiary. Over 22,000 dealers, more than 425 financing sources, and many other service and information providers are active in the DealerTrack network. For more information, visit www.dealertrack.com.

About Curomax

Curomax Limited is a wholly owned subsidiary of DealerTrack Holdings, Inc. (NASDAQ: TRAK) , a leading provider of on-demand software and data solutions for the U.S. automotive, recreational vehicle, marine and motorcycle industry. The company's online credit application processing product automates and accelerates the financing process, while its integrated subscription-based software enables dealers to receive consumer leads, compare financing and leasing options, sell insurance and other aftermarket products, document compliance, and execute financing contracts electronically. Over 3,000 dealers use the Curomax channel.

About Commerce Bank

Commerce Bank, N.A. is a subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH) , a $15.5 billion regional bank holding company. For more than 140 years, Commerce Bancshares has been meeting the financial services needs of individuals and businesses. Commerce Bancshares provides a diversified line of financial services, including business and personal banking, wealth management and estate planning and investments through its subsidiary and affiliated companies. Commerce Bancshares' banking companies currently operate in approximately 360 locations in Missouri, Kansas, Illinois, Oklahoma and Colorado. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital and real estate activities.

Safe Harbor for Forward-Looking and Cautionary Statements

Statements in this press release regarding DealerTrack, Curomax Limited, benefits of the Curomax platform, their growth prospects, plans regarding new products or services, 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 Holdings, Inc. 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: the ability to retain our customer base, the ability to implement Commerce Bank, N.A. as a lender, additional risks associated with international operations, and other risks listed in DealerTrack's reports filed with the SEC, including its 2006 Form 10-K. 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.

    CONTACT:
    Debbie Oberender
    DealerTrack
    905.281.6229
    debbie.oberender@dealertrack.com

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