Wolters Kluwer Financial Services Partners with California New Car Dealers Association to Offer Motor Vehicle Retail Sales Installment Contracts

Wolters Kluwer Financial Services announced today that it has partnered with the California New Car Dealers Association (CNCDA) to develop and market Wolters Kluwer Financial Services’ automotive retail installment sale contracts. Wolters Kluwer Financial Services markets its retail contracts under the Bankers Systems brand name. Form Source, the forms reseller division of the CNCDA, will offer the new paper contracts for sale to its 1,350 member dealers. The contracts are also available in an electronic format through Wolters Kluwer Financial Services’ Web-based DocOne document engine, or in a single laser printer format. Monitoring regulatory changes that impact the motor vehicle industry can be cumbersome and time-consuming for auto dealers and lenders alike. Wolters Kluwer Financial Services’ legal and compliance experts monitor these changes, helping relieve this burden facing the indirect lending market. Wolters Kluwer Financial Services’ motor vehicle retail sales installment contracts are created and maintained using the company’s compliance content, which is built upon more than 50 years of experience and knowledge behind its Bankers System product line. "Because of Wolters Kluwer Financial Services’ regulatory monitoring capabilities, we are able to provide our members access to retail contracts that will help ensure their retail credit transactions meet stringent federal and California state laws, as well as the business needs of the dealership,” said Peter Welch, CNCDA president. "This is yet another way we can help our members find the tools and services they need to maintain and grow their business in a regulatory environment that is constantly changing.” "Wolters Kluwer Financial Services delivers the compliance expertise and tools needed to help lenders and dealerships meet changing regulatory needs, which allows them to focus on growing their business,” said Kevin Kopp, director of Indirect Lending at Wolters Kluwer Financial Services. "Our partnership with the CNCDA will allow greater access to these tools for auto dealerships within the California market.” About California New Car Dealers Association (CNCDA) The California New Car Dealers Association is the country’s largest state association of franchised new car and truck dealers with over 1,350 dealer members. About Wolters Kluwer Financial Services Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services®, AppOne®, GainsKeeper®, CCH® Capital Changes, NILS, AuthenticWeb™, Uniform Forms™ and CCH® Wall Street. Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com. Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit www.WoltersKluwer.com for information about our market positions, customers, brands and organization.