PORTLAND, Ore.—July 6, 2004—TitleAuctions Inc, provider of flexible, scalable competitive-bid auction software and training for the profitable remarketing of motor vehicles and watercraft, announced today that it has signed a marketing agreement with Chrome Systems Corporation, provider of automotive data, configuration technology and commerce solutions.

Under the terms of the agreement Chrome will refer to TitleAuctions select credit union customers that have expressed interest in conducting their own competitive-bid auctions, and that have expressly authorized Chrome to share their contact information with TitleAuctions. In addition, the two companies have agreed to look for opportunities to cooperate in both the credit union movement and in the automotive dealer market.

“We’re excited to have a working relationship with Chrome Systems,” said Mark Coleman, CEO of TitleAuctions, “Chrome’s unwavering commitment to data accuracy, to product innovation and to customer support reflects our own values as a company.”

Chrome Systems president, David Mingle said, “TitleAuctions offers an innovative remarketing product – concurrent competitive-bid auctions on a credit union or auto dealer Web site, and on multiple media portals at the same time. In addition, the company has a growing reputation for excellent training, service and support of its customers. We’re pleased to be working with them.”

About TitleAuctions
TitleAuctions helps credit unions and auto dealers nationwide remarket motor vehicles and watercraft more profitably. The company provides patent-pending flexible, scalable competitive-bid auction software, as well as comprehensive training and support to 46 credit unions in 14 states and to auto dealers in the Pacific Northwest. The company is based in Portland, Oregon.

Contact:
Charisma! Communnications
Laurie Halter, 503-245-3140
lhalter@charismacommunications.com

About Chrome Systems Corp.
With more than 13,500 clients, including half of all automotive dealers in
the U.S. and Canada, Chrome provides vehicle content, software, technology
and services to deliver complete enterprise solutions to all segments of the
retail automotive industry. These segments include manufacturers, fleet
companies, dealers, Internet sites and financial institutions. Chrome
pioneered the technology behind electronic vehicle configuration with the
introduction of PC Carbook®, and since 1986 has collected, analyzed and
enhanced "raw" automotive data from all manufacturers.

Contact:
Chrome Systems
Ali Livolsi, 503-963-6345
800-936-8906
alivolsi@chrome.com

Learn More. E-mail info@titleauctions.com or call 503-344-5001.