Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

ULTEA Chooses Fourth Fleet Financial For Driver Sales Financing

November 4, 2003

Keith Kreps and Tim Janssen have announced a partnership to provide financing services for ULTEA’s Driver Sale Program. The partnership was forged in Spring 2003 and the official kickoff takes place this month.“ULTEA did not have a finance partner we felt gave superior finance service to the remarketing efforts of our clients' driver sales,” said Keith Kreps, ULTEA president and CEO. “We looked at a number of banks or credit unions but none of them could service the full credit spectrum. Choosing Fourth Fleet was an easy decision. Fourth Fleet’s services compliment our innovative fleet services. Not only does Fourth Fleet offer financing but they also offer services such as paying taxes on the purchased unit, preparing titlework, offering backend products, etc. They are a one stop shop regardless of a driver or employee’s credit background.”“We are extremely delighted to work for ULTEA and its clients,” said Tim Janssen, Fourth Fleet Financial vice president. “ULTEA’s beliefs and ideals align nicely with the business foundation that created Fourth Fleet. ULTEA’s clients experience a superior level of customer service while Keith and his team are always seeking to be on the leading edge of fleet leasing. The entire Fourth Fleet team is honored to have been chosen by ULTEA.”About ULTEA, IncULTEA, Inc manages vehicles in all 50 states, Canada, Mexico and Puerto Rico.The company markets to companies with fleets 5 to 500 vehicles throughout the Midwest, with offices in Chicago, Minneapolis and Madison, Wis.For more information about ULTEA, visit www.ultea.com.About Fourth Fleet FinancialFourth Fleet Financial, headquartered in Austin, Texas, specializes in financing options within the auto industry.The company was formed to bring lending and employee service practices to the fleet end-of-term process. Fourth Fleet Financial offers highly specialized lending and back-end products to fleet management companies, remarketing firms and financial institutions.For more information on Fourt Fleet Financial, visit www.4thfleet.com.
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