REY Reynolds Reynolds A

DAYTON, Ohio, July 27 /PRNewswire-FirstCall/ -- The Reynolds and Reynolds Company (NYSE:REY) today announced the completion of the acquisition of DCS Group PLC. Reynolds announced plans to acquire DCS on May 24 following an agreement between the boards of Reynolds and Reynolds UK Holding Limited and DCS Group. As previously announced, the transaction is valued at 21.7 million pounds Sterling (approximately $40 million U.S.), including net debt of 10.8 million pounds (approximately $20 million U.S.) as of December 31, 2005. DCS shareholders, who approved the acquisition July 5, will receive 31.5 pence (approximately $0.58) for each DCS share. DCS Automotive is one of the largest European suppliers of integrated solutions and services to the automotive retail sector, serving over 4,500 dealers. Doug Ventura, executive vice president, Reynolds International, said, "We are delighted to welcome DCS into the Reynolds family. DCS provides us with immediate scale, expertise and geographical presence in some of our key strategic markets -- in particular France and Germany, where DCS has leading positions. " Ventura said that with the acquisition, Reynolds' market presence in Europe expands six-fold. "Reynolds is a global dealer services provider with an intense focus on customer value. Our expansion into the international marketplace is a key enabler for growth. The acquisition of DCS brings greater choice to automotive retailers across Europe through its range of solutions, which are complementary to those offered by Reynolds," he said. DCS Automotive products and services will be marketed as part of the Reynolds and Reynolds brand. Its business structure will otherwise remain unchanged. Ventura said that Reynolds is committed to protecting customers' investments regardless of the platform they are currently using. Cautionary Notice Regarding Forward-Looking Statements Certain statements contain forward-looking statements, including statements relating to results of operations. These forward-looking statements are based on current expectations, estimates, forecasts and projections of future company or industry performance based on management's judgment, beliefs, current trends and market conditions. Actual outcomes and results may differ materially from what is expressed, forecasted or implied in any forward-looking statement. Forward-looking statements made by the company may be identified by the use of words such as "will," "expects," "intends," "plans," "anticipates," "believes," "seeks," "estimates," and similar expressions. Forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions which are difficult to predict, including the following: the timing of the initiation, progress or cancellation of significant contracts or arrangements, the mix and timing of services sold in a particular period; competitive factors; the inability to attract sufficient customers in new markets; general economic and business conditions; and the ability to execute the cost reduction and revenue growth plans. These and other factors that could cause actual results to differ materially from those expressed or implied are discussed under "Risk Factors" in the Business section of our most recent annual report on Form 10-K and other filings with the Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. About Reynolds Reynolds and Reynolds (http://www.reyrey.com/) helps automobile dealers sell cars and take care of customers. Serving dealers since 1927, it is a leading provider of dealer management systems in the U.S. and Canada. The Company's award-winning product, service and training solutions include a full range of retail Web and Customer Relationship Management solutions, e-learning and consulting services, documents, data management and integration, networking and support and leasing services. Reynolds serves automotive retailers and OEMs globally through its incadea solution and a worldwide partner network, as well as through its consulting practice. DATASOURCE: The Reynolds and Reynolds Company CONTACT: US Media, Mark Feighery, , or Investors, John Shave, +1-937-485-1633, or , both of The Reynolds and Reynolds Company Web site: http://www.reyrey.com/

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