2008-07-28 17:26:17 -
- Solera Holdings, Inc. (NYSE:SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has closed the acquisition of UC Universal Consulting Software GmbH ("UCS"), a leading provider of software and services to collision repair facilities in Germany. UCS has more than 1,200 collision repair facility customers.
"This purchase
further demonstrates our commitment in expanding our product and service offering to our customers in the German market," said Tony Aquila, Solera's chairman and chief executive officer. "This addition not only enhances our shop network, but will also allow us to provide additional value to our largest insurance company customers in the region."
About Solera
Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in over 50 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries, Informex in Belgium, Sidexa in France, ABZ in The Netherlands, Hollander serving the North American recycling market, and IMS providing medical review services. For more information, please refer to the company's website at
www.solerainc.com.
Cautions about Forward-Looking Statements
This press release contains forward-looking statements, including statements about benefits for Solera customers resulting from its acquisition of UCS. These statements are based on our current expectations, estimates and assumptions and are subject to many risks, uncertainties and unknown future events that could cause actual results to differ materially. Actual results may differ materially from those set forth in this press release due to the risks and uncertainties inherent in our business, including, without limitation, that the expected benefits from the combination of Audatex and UCS may not be realized and other risks related to acquisition transactions. For a discussion of these and other factors that could impact our operations or financial results and cause our results to differ materially from those in the forward-looking statements, please refer to our filings with the Securities and Exchange Commission, particularly our Quarterly Report on Form 10-Q for the Quarter Ended March 31, 2008. Solera is under no obligation to (and specifically disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Solera Holdings, Inc.
Investor Relations
Kamal Hamid, 858-946-1676
kamal.hamid@audatex.com 
