AppOne Names Gary Perdue as Chief Operating Officer; New COO Joins AppOne To Build and Expand Dealer Base.

FORTH WORTH, Texas -- AppOne, a Baton Rouge, La.-based financial technology services company, named National Automotive Finance Association (NAF) board member Gary Perdue as its new chief operating officer at NAF's 10th Annual Non-Prime Auto Financing Conference in Ft. Worth Texas.

Perdue will focus on building the company's network of lenders, establishing strategic alliances and supporting the company's national expansion. He will also manage all operations as well as the sales and marketing division.

After a distinguished career with Capital One N. A., DealerTrack and TranSouth Financial, Perdue adds three decades of experience to AppOne's corporate leadership. At Capital One N.A., Perdue served as the senior vice president, division manager where he was responsible for all indirect auto finance origination operations for the Banking segment. Prior to Capital One, Perdue held the position of vice president of sales with DealerTrack where he built a National Sales force and developed the sales strategy for all dealer subscription products. Perdue's previous experience in the auto finance industry includes 21 years with Citifinancial Auto where he managed the National Sales Division.

As a founding member of the National Auto Finance Association, Perdue has served as the organization's President, Board Chairman and he remains active as a member of the board of directors.

"Gary's distinguished career and record of leadership makes him an outstanding selection to fill the position of COO at AppOne," said Lee Domingue, CEO of AppOne. "His addition to the AppOne team will bring a great success to both the company and to our network of dealers and lenders."

About AppOne

Based in Baton Rouge, La., AppOne is an Internet-based company offering its AppOne system that connects independent auto dealers with lenders. The company's technology solution relies on a proprietary scorecard system, which evaluates an independent dealer to determine the level of risk associated with doing business with that dealer. The AppOne provides lenders with a new channel of growth and field representation directly to independent auto dealers nationwide. It also offers independent auto dealers faster financing options for their own customers as well as support services and additional fee-based products. For more information on AppOne, visit the company's Web site at www.appone.net.