News

vAuto Announces Jezek as CEO and Bain Capital Equity Investment

for immediate release

Oakbrook Terrace, IL (January 17, 2007) — vAuto, an inventory management solution provider for the retail automotive industry, made two key announcements today. First, the company announced that Keith Jezek has joined the company as President and CEO. Second, vAuto announced that it has secured an equity investment from Bain Capital Ventures. Both of these events support vAuto's plans for rapid expansion.

Dale Pollak, Chairman of the Board and Founder of vAuto, commented, "Keith is a natural choice for CEO given his proven track record of leadership and success in high growth companies along with his experience in this industry. Furthermore, Bain Capital's investment is a solid endorsement of both our vision and our goals."

Michael Krupka, Managing Director of Bain Capital Ventures, stated, "Financial discipline is necessary to succeed in today's retail environment. vAuto's proprietary scoring system is a simple and powerful solution for delivering this financial discipline, and we believe it to be the best used inventory management system in the industry today."

About Keith Jezek, CEO, vAuto, Inc.

Keith Jezek's 15 years of experience with high-technology firms includes leadership positions with Digital Motorworks, LP, TraveLogix, and Tallard BV. Under his stewardship, these firms experienced revenue increases of up to 900% within a five-year period. One of these firms, Digital Motorworks, went on to be named among the fastest-growing companies in North America by Inc. Magazine in 2002. This acknowledged track record of providing leadership and hyper-growth to organizations has made Jezek a highly regarded and well-recognized principal executive. Elected to the Young President's Association in 2004, he stands among the most successful young leaders in the U.S.

Jezek received his BA in English from the University of Texas at Austin, and his MBA in Finance from the McCombs School of Business at the University of Texas at Austin.

About Bain Capital

Established in 1984, Bain Capital is one of the world's leading private investment firms with approximately $40 billion in assets under management. Bain Capital's family of funds includes private equity, venture capital, public equity and leveraged debt assets.

About vAuto, Inc.

vAuto, formerly known as mPower Auto, is the creator of the industry's first and only vehicle scoring system, providing a better way for automotive dealerships to appraise, manage and price pre-owned inventory. The vAuto Score acts like a Beacon® or FICO® score for every vehicle and provides financial insight into the acquisition, wholesale disposition, reconditioning, pricing and desking decisions that dealers make every day. This solution has significantly improved the volume, gross and age of pre-owned inventories for many of the most successful dealerships in the country. Users of the system include the highest-volume U.S. retailers for two of the five largest automobile manufacturers.

About vAuto, Inc.

For more information, please contact vAuto, One Lincoln Centre, 18W140 Butterfield Road, 15th Floor, Oakbrook Terrace, IL 60181; phone (877) 629-8288; marketing@vauto.com.