lanelogic(R) Partners with Pep Boys to Target Consumers With New Online Product, caroffer(TM)

lanelogic®, the premier used vehicle trading network for franchised dealers, announced today the partnership with The Pep Boys – Manny, Moe & Jack (NYSE: PBY), to give consumers the ability to receive hassle-free, real cash offers for any vehicle they wish to sell in a matter of minutes. Via the Internet, consumers can log onto either www.caroffer.com or www.pepboys.com and complete an easy vehicle condition report to receive their cash offer. Once the consumer submits their vehicle’s information, lanelogic’s® proprietary trade desk takes over to generate an offer to purchase the consumer’s vehicle. If the consumer accepts the cash offer, they will receive a voucher to redeem within 72 hours at any participating Pep Boys location, where their vehicle will be inspected by a service professional. Once the vehicle’s condition is verified, the sale will be finalized and the consumer will receive a negotiable bank draft. "This partnership could give us the ability to source thousands of vehicles for our dealers while offering an unparalleled service to the general public," stated Bruce Thompson, lanelogic founder/CEO. "It's exciting to be partnering with Pep Boys to launch our consumer application. Pep Boys gives us national coverage with up to 600 vehicle drop-off and inspection locations. We can offer consumers a 'no strings attached' cash offer for their vehicle and rely on the Pep Boys experts to inspect and receive them for us. The partnership allows us to immediately launch a national campaign and integrate the consumer offer into some of the highest-trafficked Web sites in the world. It also gives both companies a new and powerful way to generate new revenue streams with a great first mover advantage.” "This was our ultimate goal when we started lanelogic®,” said Thompson. "lanelogic’s® business model gives us the unique ability to deliver this type of product. No one has the process and application like we’re giving to consumers. The application brings unprecedented efficiency to the consumer.” Pep Boys President & CEO Jeff Rachor said, "We are pleased to align with lanelogic and the innovative service caroffer.com provides. Consistent with our long-term strategic vision, this partnership helps to further position Pep Boys as the automotive aftermarket solutions provider of choice.” This program is now piloting in the Dallas market area; national rollout is expected in March 2008. lanelogic has filed a patent for the proprietary process. ABOUT LANELOGIC lanelogic, Inc. is the nation’s exclusive online used vehicle market-maker. Launched in November 2005, the Dallas-based privately-held company is the premier used vehicle inventory management solution for franchised dealers – both buying and selling. lanelogic offers participating dealers Puts, exclusive 45-Day Buyback Guarantee, instant Buy bids and intelligent inventory procurement. lanelogic’s investment team is comprised of Cain Capital, L.L.C., Dallas, Copart, Inc., Fairfield, Calif., HBK Investments L.P., Dallas/Hong Kong/London and Bruce Thompson, CEO/founder. Strategic alliances include American Auto Exchange, Inc., The Great American Insurance Group, JMN Logistics and SGS Automotive Services. Learn more at www.caroffer.com or www.lanelogic.com. ABOUT PEP BOYS Pep Boys has over 560 stores and approximately 6,000 service bays in 35 states and Puerto Rico. Along with its vehicle repair and maintenance capabilities, the Company also serves the commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States. Customers can find the nearest location by calling 1-800-PEP-BOYS or by visiting www.pepboys.com.