LoanPlus™ Teams up with Western Funding Inc.

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Knoxville, TN. – September 7, 2010 – ProconGPS, Inc., the leader in asset management solutions for the automotive finance industry, is pleased to announce that it has been chosen to provide its line up of customized LoanPlus™ GPS product offerings and services by Western Funding Inc. of Las Vegas, Nevada.

The Loan Plus™ brand of GPS technology by the Lender Services division of ProconGPS, Inc. provides customized programming, web services, account management support, and state-of-the art electronics to finance companies, and banks.

“We sincerely appreciate being selected by Western Funding Inc. to assist them across the country with our LoanPlus™ GPS product services” says Jim Giammarco, Executive Vice President of ProconGPS, Inc. “Western Funding has been a valuable financial resource to dealers for over 48 years and we are very pleased to help them continue in that tradition.”

Western Funding purchases automotive contracts primarily from independent dealers in the BHPH market. “We are excited about our alliance with ProconGPS, Inc. and their LoanPlus™ GPS device and servicing provided by the Lender Services division” said Gary Shannon, Vice President of Sales & Marketing for Western Funding Inc. “Our partnership with ProconGPS, Inc. will be a tremendous help in building our presence within the independent dealer marketplace.”

About ProconGPS
ProconGPS Inc. headquartered in Knoxville, Tennessee, is the industry leader and world’s largest provider of MRM products and services to the Subprime Automotive Finance industry. Products from ProconGPS Inc host an abundance of features sets allowing users to effortlessly locate and control their assets across the globe by providing a globally-managed, wireless data network. Products from ProconGPS Inc reduce the costs, complexities and risks associated with managing mobile assets, ProconGPS currently has over 400,000 units being used throughout the U.S., Canada and Mexico, ProconGPS has offices in the United States, Canada.

Media Contact
David Meyer
1 (866) 694-2704

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