ARI Expands Offers to Include F&I Products and Services

PSOG, located in Schenectady, NY and led by Mark L. Taylor, has been offering outsourced F&I services to power sports, marine and RV customers in the Northeast U.S. since 1998. These services include assisting dealers' customers to obtain financing, as well as providing them with Extended Service Agreements, Gap Insurance, Tire & Wheel Protection, and other after-sale products.

Commenting on the announcements, Roy W. Olivier, ARI's President and Chief Executive Officer said, "We believe offering F&I products and services represents a significant and extremely important new opportunity for ARI to help our customers improve their revenue and profitability. Small and mid-sized dealers in the power sports market have a demonstrated need for these services. According to a survey reported by PowerSports Business, 52.8% of motorcycle buyers obtain financing(1), yet many dealers do not have the opportunity to offer finance options. PowerSports Business also reports that some dealers are obtaining $500-1000 in additional revenue per unit sold with after-sale F&I products(2). Over 1.8 million new power sports units are sold every year, so the revenue potential - for both our dealer partners and ARI - seems to be very strong. The marine and RV markets indicate the same type of need."

Initially, ARI will continue to focus on power sports, marine and RV dealerships that do not have a full-time, in-house F&I department. F&I Smart will act as the dealer's outsourced F&I department, dealing directly with their customers to obtain financing and to present various F&I product options, in close collaboration with the dealers' on-site personnel, ultimately providing the dealer with the appropriate agreements for the buyer's signature.

"I am very excited about joining ARI and heading up this new F&I business unit", said Mark Taylor. "ARI has the resources and customer base to drive rapid and significant growth in our F&I business, both geographically and by industry sector."

"Our mission statement is to be recognized as the leader in providing the best solutions that enhance revenue and reduce costs for our customers. F&I Smart, offering our dealer customers increased revenue opportunities with no incremental fixed cost, fits this goal very well," said Olivier.

About ARI

ARI is a leading provider of electronic parts catalogs and marketing services to dealers, distributors and manufacturers in the manufactured equipment markets. ARI currently serves approximately 100 manufacturers and 190 distributors worldwide. Additionally, ARI provides electronic parts catalogs, dealer websites and/or professional marketing services to more than 25,000 dealers in about a dozen segments of the worldwide equipment market including outdoor power, power sports, marine, recreation vehicles, appliances, agricultural equipment, floor maintenance, auto and truck after-market parts and construction. For more information on ARI, please visit our websites: www.arinet.com or www.channelblade.com.

Statements in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. The forward-looking statements can generally be identified by words such as "believes," "anticipates," "expects" or words of similar meaning. Forward-looking statements also include statements relating to the Company's future performance, such as future prospects, revenues, profits and cash flows. The forward-looking statements are subject to risks and uncertainties, which may cause actual results to be materially different from any future performance suggested in the forward-looking statements. Such risks and uncertainties include those factors described under "Forward Looking Statements Disclosure" in Exhibit 99.1 of the Company's annual report on Form 10-K for fiscal year ended July 31, 2008 filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company's filings with the Securities and Exchange Commission.

(1) J.D. Power, as noted in 2008 Market Data Book, Powersports Business, Summer, 2008

(2) "Putting Your Best Manager in F&I: Can You Afford Not To?", Powersports Business, April 6, 2009

SOURCE: ARI

ARI Networks Services, Inc. 
Donna Wycklendt 
Tel: (414) 973-4331 
Fax: (414) 973-4618 
Email: wycklendt@arinet.com