Pep Boys Revs Up Supply Chain Finance Offering with PrimeRevenue
Multiple-Funder Solution Provides Suppliers Faster Payment

ATLANTA, September 8, 2009 – The Pep Boys – Manny, Moe & Jack (NYSE: “PBY”), the nation’s leading automotive aftermarket service and retail chain, announced the deployment of PrimeRevenue’s Supply Chain Finance (“SCF”) platform to bolster its working capital strategy and deliver increased shareholder value.

The program is live and in production with select suppliers in the United States, with funding available through Bank of America Merrill Lynch and Wells Fargo HSBC Trade Bank and is being expanded into Canada. By virtue of the program, Pep Boys suppliers on the SCF Platform gain online visibility into Pep Boys payments that are due to them. The SCF Platform also provides suppliers enhanced on-demand receivables financing through an early payment facility.

“Pep Boys has always seen the importance of managing working capital closely, and this has never been truer for us and our suppliers than in today’s challenging automotive environment” said Vice President - Finance and Treasurer of Pep Boys, Bernie McElroy. “The PrimeRevenue SCF Platform helps Pep Boys achieve working capital objectives while giving our suppliers access to industry-leading technology that provides a valuable line of sight into their Pep Boys receivables and the ability to accelerate payment, on demand.”

PJ Bain, PrimeRevenue CEO said: “Pep Boys represents another in a series of innovative world-class companies that deploy PrimeRevenue’s Supply Chain Finance Platform to optimize financial flows in their supply chain, for their own benefit and that of their suppliers. Importantly, the multi-funder capabilities of the PrimeRevenue SCF Platform assures Pep Boys that liquidity for its program is available from multiple funding providers as its program evolves”.

About PrimeRevenue
PrimeRevenue's leading global Supply Chain Finance (SCF) platform and solutions enable dramatic new working capital efficiencies for the benefit of buyers and their suppliers. PrimeRevenue achieves this through the delivery of secure, robust, industry-leading Software as a Service (SaaS) technology, a global community of the world's most innovative financial institutions and partners, and flexible working capital solutions and advice. Bank Technology News named PrimeRevenue as a "Top 20 innovation in the past 20 years." Companies are relying on SCF deployments powered by PrimeRevenue to optimize working capital, remove risk from their supply chain, and forge stronger trading partner relationships. Headquartered in Atlanta, Georgia, PrimeRevenue has offices and customers throughout the world.

About Pep Boys
Pep Boys has approximately 6,000 service bays and over 565 retail stores located in 35 states and Puerto Rico. Along with its full-service vehicle maintenance and repair capabilities, the Company also serves the commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States. Customers can find the nearest location by calling 1-800-PEP-BOYS or by visiting http://www.pepboys.com

Media Contacts:
Pep Boys
Peter Robinson
215-430-9553
http://www.pepboys.com

PrimeRevenue
Bob Kramer
678-904-7103
pr@primerevenue.com