Red Flag Webinar Hosted by First Advantage CREDCO, Compli and Hudson Cook, LLP Attracts Estimated 1,000 Attendees | Compli.com

First Advantage CREDCO, the leading provider of automotive specialty credit reporting and identity verification services, today reported that its recent compliance webinar–You and The Red Flags Rule: The Definitive 4-1-1 for Automotive Dealers–attracted over 920 registered participants and an estimated 1,000 total attendees as dealers nationwide prepare for the Nov. 1 compliance deadline. Held Oct. 9, the webinar is part of the company's ongoing dealer compliance awareness campaign that commenced in early 2006 following the Federal Trade Commission's announcement regarding the then-proposed Red Flags ruling.

Hosted by First Advantage CREDCO, the webinar featured a discussion of the Red Flags Rule's requirements by Hudson Cook, LLP, compliance process advice from Compli® and guidance on identity verification data from First Advantage CREDCO. The online session generated a volume of questions, indicating that many automotive dealers have not yet formalized an identity theft prevention program although required to do so by Nov. 1.

"Our commitment as a leading provider of information solutions includes offering consistent and meaningful regulatory compliance information in a timely manner," said Eric Rumsey, president of First Advantage CREDCO. "As most dealers have learned from our compliance awareness campaign, the Red Flags Rule has many facets. The last thing they need is to deal with the consequences of noncompliance, which can result in heavy fines and potential fraud-related losses."

"The webinar provided a timely and ideal opportunity to help dealers understand the fundamental requirements of the Red Flags Rule," said Michael Benoit, partner with Hudson Cook, LLP. "We addressed key highlights from our comprehensive compliance guide so that dealers could have a consistent point of reference as they design their own identity theft prevention programs."

"We're hoping that attendees are more at ease about the new requirements now that they have seen that there are turn-key solutions to help them achieve their compliance obligations," said Robert Miller, cofounder of Compli. "Dealers now know they have access to convenient software tools to help them stay on track with their compliance processes."

The company's dealer awareness campaign kicked off nearly three years ago when First Advantage CREDCO introduced BuyerID, a suite of identity verification products, making the company first in the industry to respond to, and address, the new legislation. In 2007, the company launched a summer-long campaign offering BuyerID free to automotive dealers nationwide. Earlier this year, First Advantage CREDCO introduced its Red Flag Solution which provides identity verification, Office of Foreign Assets Control (OFAC) screening and credit reporting services. Currently, customers receive a free copy of Michael Benoit's book, A Dealer's Guide to the Red Flags Rule, when they sign up for the complete Red Flag Solution.

First Advantage CREDCO has a history of launching dealer awareness campaigns to sponsor and advocate early adoption of new regulatory compliance requirements. This campaign will continue as part of its overall commitment to helping automotive dealers stay informed on the Red Flags Rule, as well as other regulatory requirements that directly impact their businesses.

For dealers interested in a refresher or who want to view it for the first time, the entire webinar is available online at www.CREDCOservices.com/webinar. For more information about First Advantage CREDCO's Red Flag Solution, call 866.270.2781 or visit www.CREDCOservices.com/RedFlag.

About Hudson Cook, LLP
Hudson Cook, LLP was established in 1997 with a single purpose in mind–to provide the best possible service to automotive, housing and financial services industries in the ever changing world of consumer financial services law compliance. Our wide-ranging services cover virtually all aspects of state and federal consumer financial services law. At some law firms, the consumer financial services practice is at best an adjunct to the litigation or general business or banking law practice. At Hudson Cook, consumer financial services law is what we do. For more information contact Michael Benoit, partner, Hudson Cook LLP at mbenoit@hudco.com, call 202.327.9705 or visit www.hudco.com.

About Compli
Compli is headquartered in Portland, Ore., with regional offices covering Midwest, Northeast, Southeast, South and West territories. With over 800 dealerships in 37 states and serving more than 43,000 dealership employees, Compli is the leading provider of on-demand compliance management software for the U.S. automotive retail industry. The Compli Dealership Compliance Management System (DCMS) allows you to control, track and automate regulatory compliance operations within and across dealerships. Compli's DCMS provides an organized method for efficiently implementing policies, educating your employees, tracking results and demonstrating compliance.

Dealerships interested in assessing their level of regulatory compliance, including "Red Flags," may receive a free, online Dealership Compliance Assessment (DCA) at www.compli.com/rf. For more information on the Compli DCMS or to arrange a product demonstration, visit www.compli.com or call 866.294.5545.

About First Advantage CREDCO
First Advantage CREDCO, a wholly-owned subsidiary of First Advantage Corporation and part of its Dealer Services segment, processes tens of millions of consumer transactions annually and is the leading provider of specialty credit reports and services to the automotive industry. Additionally, First Advantage CREDCO provides the automotive industry with comprehensive identity verification and consumer lead solutions. For more information, call 800.694.1414 or visit www.CREDCOservices.com.

First Advantage Corporation (NASDAQ: FADV) provides innovative products and services that mitigate risk by helping businesses, non-profit organizations and government agencies make more informed decisions. Headquartered in Poway, CA, the company has more than 4,500 employees in 12 countries that support over 90,000 clients globally. More information about First Advantage is available at www.FADV.com.