Friday, February 24, 2012

ADESA Corporation and AutoTec Partner to Help Dealers, Auction Industry.

CARMEL, Ind., Oct. 13 /PRNewswire/ -- ADESA Corporation announced today it has teamed with AutoTec, LLC, to provide its dealers with Auction ACCESS(R), a simpler, more convenient way to do business at any ADESA U.S. auction location and, for that matter, around the entire industry.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040708/DETH017LOGO )

Auction ACCESS, developed by AutoTec, based in Birmingham, AL, is the National Dealer Registration System that provides clients with easy access to information and documents of more than 220,000 dealer representatives. When ADESA has completed transferring all its auctions to Auction ACCESS, more than 85 percent of cars sold at an NAAA-affiliated auction in the U.S. will be covered.

"Dealers told us how much simpler their lives would be if the bulk of the industry were on Auction ACCESS and we listened," said Doug Shore, ADESA's Vice President of Operations. "When ADESA's rollout of Auction Access is complete, it will be a great thing for both ADESA and our entire industry. Basically, our adoption of Auction Access makes the dealership identity card generic. What this means is that the Auction ACCESS card will be the only dealership identity card required at more than 160 auction locations in the U.S. Eventually, Auction ACCESS cards will even be available for use with ADESA LiveBlock(R)."

Alan Neal, Senior Buyer at DriveTime, agrees. "I'm glad ADESA is going to a universal card system because it allows our buyers to buy at all participating auctions with no hassle. Now we can do cross-regional buying without having to re-register at every location," Neal said.

"I'm glad ADESA got on board with Auction ACCESS," said Anthony Underwood, of Anthony Underwood Automotive Sales, Birmingham. "It's a big time saver and time is money. All my paperwork can be processed before I get to the auction. Dealers can also be much more confident now in approaching new auction opportunities."

According to Chuck Redden, AutoTec's Chief Executive Officer, the idea for a national dealer registration system was first mentioned back in 1995 during a National Auto Auction Association committee meeting. AutoTec understood the potential benefits of a national dealer database and began working on a solution.

"All an authorized dealer needs to do is get an Auction ACCESS card, swipe it and enter the lanes," Redden said. "And dealers can keep their information current themselves online. Dealers know what it is and how it works. It eliminates hassles and is a win-win for everyone."

About ADESA Corporation

ADESA Corporation offers a full range of auction, reconditioning, logistical and other vehicle-related services to meet the remarketing needs of both its institutional and dealer customers. With 39 auction locations in the United States, 13 in Canada and one in Mexico, strategically located near metropolitan areas with a large concentration of used vehicle dealers, the company is well positioned to host both physical and Internet auctions. Through its related subsidiaries of AutoVIN(R) and Par North America, it is also able to provide additional services including inspections, inventory audits and remarketing outsourcing solutions including a network of repossession agents, titling and auction sale representation. Visit http://www.adesa.com/ .

About AutoTec, LLC

Headquartered in Birmingham, AL, AutoTec, LLC is an independent e-business solution provider for the automotive remarketing industry. For more information regarding AutoTec and Auction ACCESS, please email Chuck Redden at credden@autotec.com or visit http://www.auctionaccess.com/

CONTACT: Investor Relations contact: Jonathan Peisner, +1-317-249-4390, jpeisner@adesa.com or Corporate Communications contact: Julie Vincent, +1-317-249-4233, jvincent@adesa.com, both of ADESA Corporation

Web site: http://www.adesainc.com/ http://www.auctionaccess.com/

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