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Lloyd G. “Buzz” Waterhouse

January 1, 2004

CEO, Chairman & President The Reynolds and Reynolds Company – Dayton, Ohio

Lloyd G. “Buzz” Waterhouse has been CEO of The Reynolds and Reynolds Company since November 2002. He joined the company in May 1999 as president and chief operating officer and was elected Chairman in January 2002. Mr. Waterhouse has led an aggressive buildup of technology-based solutions to help automotive retailers and car companies drive productivity, efficiency and revenue growth. The company has developed and introduced solutions like the Reynolds Generations Series(tm), the company’s next generation technology platform and a suite that integrates more than 200 applications and services to meet the needs of the automotive marketplace. The company has enhanced its strength and market share in emerging growth areas including telematics, Web services, e-business applications, and markets adjacent to the automotive industry including commercial, heavy truck, marine and power sport dealers. Before joining Reynolds, Mr. Waterhouse spent 26 years at IBM Corporation. He has extensive experience in international business management, information technology, e-business and organizational change. Mr. Waterhouse was an early participant in the formation of the Internet. Prior to joining Reynolds, he was general manager of e-Business Services, one of IBM’s fastest growing business units. As co-chairperson of Dayton’s e-Business Task Force, Mr. Waterhouse was instrumental in launching the iZone, which supports the birth and development of information technology-focused companies in the region. The iZone links volunteers from local businesses and development organizations with entrepreneurs so they can get advice about starting a business, obtaining funding, protecting intellectual property, finding a location and developing a business plan. Mr. Waterhouse serves on the boards of Atlantic Mutual Companies, Pennsylvania State University’s Smeal College, Fifth Third Bank, ChoiceParts, i-Zone, the Downtown Dayton Partnership, Dayton Development Coalition, Dayton Regional Technology Council, Omega Community Develop