Press Release Headlines

Car Financial Selects Deal Pack® as New Finance Management System

ATLANTA, March 12, 2013 /PRNewswire/ — Car Financial Services, Inc. (CAR) transitioned its entire Asia Pacific operation onto Deal Pack®, a finance management system developed by Advanced Business Computers of America, Inc. (ABCoA). CAR deployed Deal Pack at its locations in Guam and the Northern Mariana Islands.

Initially, Deal Pack handles CAR's direct and indirect consumer loans and collections. "We are automating every aspect of business, and providing new tools and services to our customers. Deal Pack is proven software that offers such versatility," stated Rick Potter, CAR's President and Chief Executive Officer. "Critical to our decision was Deal Pack's real-time accounting. No other solution is capable of handling what it [Deal Pack] does," added Mr. Potter.

Deal Pack scales to every business size or model (Retail, Wholesale, BHPH, LHPH, RFC, etc.). This is ideal for CAR, enabling a single solution to handle all operations and business units. From Interactive Voice Response ("IVR") Payments to financial reporting, Deal Pack automated every aspect of CAR's business. "It is our pleasure to provide CAR Financial the solution they needed to prosper, and we appreciate the opportunity to earn their trust," says Shad Hedy, Chairman and President of ABCoA. Hedy observes most of his customers prospering because ABCoA's software helps operators focus on the fundamentals of the subprime finance business model.

"As part of a publicly traded company, we have an obligation to our shareholders to run efficiently. Deal Pack enables CAR to streamline its operations and increase transparency, all while reducing costs and providing new, value-added services to our customers," says Rick Potter.

About Car Financial Services:

CAR Financial Services, Inc. (CAR) is a subsidiary of Atlanticus Corporation, a publicly owned specialty finance company. CAR services both independent automotive dealers and automotive sub-prime financial organizations. CAR operates in 47 States and U.S. territories and is continually evolving its programs to meet the ever-changing needs of its customers. CAR's strengths lie with its experienced and professional employees, dedication to technology and a tradition of over 20 years of quality service.

About Advanced Business Computers of America:

Advanced Business Computers of America, Inc. (ABCoA) provides total solutions to the subprime industry. Founded in 1983, ABCoA serves over 5,000 customers in six countries across four continents, including 48 states in the United States. From proven software to responsive support, ABCoA empowers its users with reliable solutions to handle their everyday operations. For more information on ABCoA or its Dealer Management Software solutions, visit www.abcoa.com or www.dealpack.com.

For more information or to schedule an interview, contact Evelyn Hedy at 800.526.5832 or via email at Email.

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