VINtek Announces Growth in 2007.

Opens new location, adds clients, adds paperless title processing in two states

PHILADELPHIA -- VINtek, a provider of automotive collateral management services for banks, credit unions and other automotive finance lenders, announced record customer growth of 80 percent in 2007. Other highlights

* Opened a second facility in Las Vegas to support VINtek's growing client base.

* Successfully completed Electronic Lien Transform (ELT) certification with the Departments of Motor Vehicles in Georgia and South Carolina.

* Maintained its position as the independently verified highest quality ELT provider in Arizona, California, Florida, Hawaii, Idaho, Massachusetts, New York, Ohio, Pennsylvania, Virginia and Washington.

"VINtek experienced a great deal of growth in 2007, largely because of the auto lending industry's push for cost reductions, efficiency gains and reduced exceptions in the current credit environment," said Larry Highbloom, president of VINtek. "As paperless lien initiatives continue to be adopted by states across the country, banks, credit unions and 'buy here, pay here' auto dealers will see the value of leveraging technology, such as electronic title management, into a competitive advantage."

About VINtek

Founded in 1990, Philadelphia-based VINtek provides automotive collateral management services and business process outsourcing for banks, credit unions and other auto finance institutions using paper or electronic titles. A provider of Electronic Lien Transform (ELT) technology, VINtek helps lenders increase efficiency, decrease costs associated with account management and reduce errors and exceptions on titles and liens through automation. For more information, visit www.vintek.com.