Pennsylvania Auto Dealers Exchange (PADE) has received the national Top Performing Auction 2003 award from Remarketing Services of America, Inc. (RSA), a unit of Fiserv, Inc. This marks the second time since 2001 that PADE has achieved this award.

RSA provides strategic vehicle remarketing, lease maturity management, titles management, and customer loyalty programs to major banks, auto manufacturers, and other automotive financial institutions to enhance portfolio performance. RSA anticipates selling more than 106,000 vehicles at auction by year-end 2004.

An independent auction headquartered in York, PADE was ranked as the top auction in the nation by RSA's National Quality Control Program (NQCP), which annually tracks effectiveness and performance of vehicle auctions. The NQCP ranks auctions using a rating system that includes four categories: sales effectiveness, operational effectiveness, marketing, and on-site preparation.

In addition to a plaque, the honor includes an awards dinner with Tom Pietras, RSA's manager of auction sales and performance, and Craig Carrow, RSA's eirector of remarketing, and industry recognition.