David L. White Joins lanelogic as CFO/COO

lanelogic, Inc., the Wall Street inspired used vehicle trading network for franchised dealers, named David L. White as its new chief financial officer and chief operating officer. In this role, Mr. White is responsible for all operation and financial activities. Mr. White has more than 20 years of financial experience in both private and public companies, which includes successfully leading an IPO, completing numerous acquisitions and reducing debt. Most recently, he served as vice president of operations for JMsolutions, where he was in charge of installations, data, support services and quality assurance for all JMsolutions products for over 3,000 dealers. Prior to joining JMsolutions, Mr. White was CFO/COO of American Auto Exchange, Inc. (AAX) where he was responsible for the finance, legal and operations departments. Under his supervision, AAX grew from one automotive dealer to more than 700 in three years while achieving profitability in less than two years. JMsolutions acquired AAX in 2005 and Mr. White led the transition while growing its dealer base from 700 to more than 1,700 dealers. He also has significant experience in general management and corporate law and is a licensed attorney with the State Bar of Texas. Mr. White graduated Summa Cum Laude from Texas A&M University with a BBA in Finance. He also completed the J.D., Southern Methodist University School of Law as a Sumners Scholar and Order of the Coif. "lanelogic is constantly looking for talented people to join our ever growing company,” said Bruce Thompson, lanelogic CEO/founder. "We are very fortunate to obtain an executive of David’s caliber and I’m extremely excited about working with him again. He was instrumental in the success of AAX and this coupled with his vast experience gives our company an advantage as we expand our business to complete our goal of a national used vehicle trading network.” ABOUT LANELOGIC lanelogic, Inc. is the nation’s exclusive online used vehicle market-maker. Launched in November 2005, the Dallas based privately held company is the premier wholesale/retail used vehicle inventory management solution for franchised dealers – both buying and selling. lanelogic offers participating dealers Puts, exclusive 45-Day Buyback Guarantee, instant Buy bids and intelligent inventory procurement. lanelogic’s investment team is comprised of Cain Capital, L.L.C., Dallas, Copart, Inc., Fairfield, Calif., HBK Investments L.P., Dallas/Hong Kong/London and Bruce Thompson, CEO/founder. Strategic alliances include American Auto Exchange, Inc., Dealer Services Corporation, The Great American Insurance Group, JMN Logistics and SGS Automotive Services. Learn more at www.lanelogic.com.