DAYTON, Ohio — Similar to a relationship reinforced in
Pennsylvania, Reynolds and Reynolds expanded its strategic alliance with the
California New Car Dealers Association today.

Officials added the Reynolds LAW 553 Universal Retail Sale
Contract to the LAW California F&I Library. They highlighted the Reynolds
LAW 553 is one of the most widely accepted document in auto finance and is
regularly reviewed by industry experts to help keep pace with new legislative
and regulatory developments.

"The LAW California F&I Library continues to be a big
step forward in helping dealers improve their F&I operation, as well as the
consumer experience at the dealership," said Jerry Kirwan, senior vice
president and general manager of Reynolds Document Services.

"With the addition of the LAW 553 to the library, dealers
now have access to a proven tool to help them further manage risk, maintain
compliance, and streamline their F&I process," Kirwan continued.

As part of the strategic alliance between Reynolds and the
CNCDA, Reynolds Document Services is the exclusive provider of forms in the LAW
California F&I Library, which offers California dealers a set of
standardized, legally reviewed F&I forms designed to help streamline
processes and manage compliance risk.

In discussing the strategic alliance between Reynolds and
the CNCDA, Kirwan expressed his gratitude toward Peter Welch, the former
president and chief executive of the CNCDA who became the president of the
National Automobile Dealers Association on Feb. 1.

"Under Peter's guidance, the CNCDA became a recognized
leader in working with their members on business forms and forms management and
in helping dealers prepare for the age of electronic transactions," Kirwan
said. "We thank Peter for his outstanding leadership of the CNCDA and wish him
well in his new role as NADA president."

Kirwan also welcomed Brian Mass as the new president of the
CNCDA and said, "As the former chief legislative advocate of CNCDA, Brian has
extensive experience with the regulatory and compliance issues facing
California dealers. We look forward to working with him and his staff on
helping ensure the LAW California F&I Library continues to meet the
compliance needs of dealers now and in the future."

Maas added, "The LAW California F&I Library of forms is
an important tool in helping our member dealers improve their business
operations. Together, the CNCDA and Reynolds will help ensure the library
continually evolves to meet the needs of dealers in potentially reducing their
liability, providing common defenses in litigation, and streamlining
processes."

As mentioned, Reynolds ramped up its partnership with the
Pennsylvania Automotive Association (PAA). SubPrime Auto Finance News published
details about that alliance here.

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