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Reynolds Creates Department of Diversity Development

Press release from the issuing company

DAYTON, Ohio,– The Reynolds and Reynolds Company (NYSE: REY) today announced the promotion of Kevin T. Wells to vice president of Reynolds’ newly created Department of Diversity Development. Wells will be working with Reynolds’ President and CEO Lloyd "Buzz" Waterhouse and Tim Bailey, vice president of Human Resources, to direct the company’s internal and external diversity efforts. "Reynolds’ success hinges on fostering a work culture that recognizes and embraces differences among associates as opportunities to add value to our customers, our shareholders, ourselves and our communities," said Waterhouse. "Our intent is to continue ensuring that we have a workplace that reflects the growing population of minorities and women in the workforce, enables us to attract and retain talented people, and allows all associates to fully participate at all levels of our company’s performance. Kevin’s insight and skills are integral to driving our success in this important area." The United States population is becoming increasingly diverse. "Building and ensuring a diverse workforce will further help us establish a company culture that respects differences and highly values the contributions of all," said Waterhouse. "Creating this department demonstrates Reynolds commitment to building a diverse workforce." During the past four years as director of marketing, Wells has focused his efforts toward successfully marketing Reynolds products and services to more than 800 minority automotive retailers and dealer development stores nationwide. In his new position, Wells will continue building on the company’s opportunities to capture growth and return on investment benefits of serving minority-owned retailers. "Reynolds has put forth a tremendous amount of effort over the past several years in focusing on providing business for the GM minority dealers to ensure their profitability and success," says Marjorie Staten, Esq., executive director, General Motors Minority Dealers Association. "Kevin has provided our members with an exceptional level of support and dedication that is very rare in the industry." "I don’t think Reynolds could have made a better choice than Kevin," said Robert Hill, executive director of the Ford Lincoln Mercury Minority Dealers Association. "Kevin’s highly qualified and exceptional at what he does."

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