Investrend Research Announces Investment Opinion on Warrantech Corporation.

Business Editors

NOTE TO EDITORS: The following is an investment opinion issued by

Investrend Communications, Inc.

NEW YORK--(BUSINESS WIRE)--Sept. 5, 2000

Investrend Research will initiate research coverage of Warrantech Corporation (OTCBB: WTEC), a leading supplier of service contracts and extended warranties on automotive and consumer products. Richard W. West, CFA to provide the Investrend analyst coverage.

Analyst coverage for Warrantech Corporation (OTCBB: WTEC) will be initiated immediately by Richard W. West, CFA, for Investrend's Public Analysis & Review (PAR), the professional independent analyst continuing research program. When issued, the report will be available at Investrend's site, www.investrend.com, as well as from other leading investment portals.

With revenues last year exceeding $100 million, Warrantech is a leader and innovator in the field of service contracts. The coverage programs developed and administered by Warrantech for its customers enable Warrantech's business clients to provide a value-added service to their customers and to earn much need incremental revenue on their sales.

Warrantech has three major business segments: automotive, consumer products, and international. Its automotive and consumer products service contracts are exclusively in North America. Its automotive segment markets extended warranties, that are sold principally by independent and franchised automobile dealers, leasing companies, repair facilities, retail stores, and financial institutions. The contracts cover automobiles, light trucks, recreational vehicles, and automotive components. Its consumer products segment covers service contracts on household appliances, consumer electronics, computers and peripherals, and major mechanical systems within homes. The contracts are primarily sold by retailers, distributors, manufacturers, utilities, and financial institutions.

International covers service contracts on a similar range of products in the United Kingdom, Central and South America, Puerto Rico, and the Caribbean.

Richard W. West, CFA, has a range of experience extending over 40 years in securities analysis and investment management. Following three years with Stein Bros. & Boyce, he moved in the early 1970's to Delaware Management and, from 1974 to 1983, with Brittingham, Inc. where his responsibilities included management of the U.S. portfolio of the Nobel Foundation, one of the premier growth portfolios of its time. Mr. West formed an investment management and research firm, in the mid-1980's specializing in small-cap growth stock analysis and investment publishing, following which he served as research director with Gaines Berland, an investment firm specializing primarily in growth stocks and special situations. Mr. West is a graduate of the Wharton School, University of Pennsylvania.

Public Analysis & Review (PAR) is a program of Investrend Research. Anyone, including a company, may enroll a company for annual coverage. PAR reports are performed on behalf of the public, and are not a service to any company. PAR analysts are responsible only to the public. PAR analysts are paid in advance to eliminate pecuniary interests and insure independence. PAR annual enrollment fees are $17,500 per annum, and become $19,700 as of October 1, 2000.

Over 35 public companies have enrolled in the unique PAR research program, and Investrend has seventeen institutional-quality analysts qualified in its PAR program. Please visit www.investrend.com for a list of the enrolled companies and the resumes of Investrend's analysts.