LAKE SUCCESS, N.Y. — The number of active lenders now connected to DealerTrack's credit application network has now reached 1,000 U.S. lenders.

The network has now grown from five lenders back in 2001 to 1,000 today.

"The DealerTrack credit application network has been the foundation upon which we have built DealerTrack," said Mark O'Neil, chairman and chief executive officer. "We continue to draw strength from our success in this area as we grow into the only truly open and integrated, end-to-end solution provider for the automotive retailing industry.

"As the nation's economic recovery continues. We are seeing more and more lenders of all types join our credit network and become active in the indirect auto finance market. We believe that the addition of new lenders to our network is an extremely positive sign for dealers, giving them confidence that a broader range of competitive financial resources are available to help them sell more cars," he added.