– Will showcase an innovative blend of both industry research and expert training

– CESVI LIV NA will feature the latest repair and maintenance tools, equipment and processes for U.S. automotive and insurance industries

WESTLAKE, Texas, Feb. 21, 2019 /PRNewswire/ — Solera Holdings, Inc. (“Solera”, “we” or “our”), a global leader in intelligent data and software as a service (SaaS) to manage and secure the automotive, light and heavy truck fleet, home and identity ecosystems, will host a groundbreaking for its research and training center, CESVI LIV Center of North America (CESVI LIV NA), on February 21, 2019.

The groundbreaking ceremony will take place at 15580 Highway 114, Justin, Texas at 12:00 p.m. Central Standard Time. Attendees will learn about the development, mission and strategy of CESVI LIV NA from Chris Mullen, Executive Director of CESVI LIV NA, and Tony Aquila, founder, Chairman and CEO of Solera.

Focused on providing factual, credible and documented research, CESVI LIV NA will curate data on reparability, diagnostics and procedures. The center will also disseminate this research throughout training and deliver expert consultancy on advanced technology trends.

Research will span the automotive insurance, collision repair, vehicle manufacturer and vehicle owner industries. CESVI LIV NA will provide insight and deliver tools to reduce repair costs within the North American claims environment. Additionally, CESVI LIV NA will integrate OEM repair procedures into consultation and training that promotes best practices in vehicle service, maintenance and repair.

“This center will add value to the automotive insurance industry. Our research, consultation, technology and training will provide data and insights into the most efficient and effective repair processes; which will then support better residual values and create more cost-efficient automotive repairs ensuring safe vehicles get back on the road,” said Chris Mullen, Executive Director of CESVI LIV NA.

With the United States Bureau of Labor Statistics reporting that an average of 76,000 mechanics will be needed each year between 2016 and 2026, the center also addresses the acute shortage of skilled automotive technicians. Once completed, the research-to-action facility, believed to be the first of its kind in North America, will enable mechanics, collision technicians, and assessors of all skill levels, from entry-level to master, to earn additional certifications and gain hands-on training for real-world scenarios on the sophisticated vehicles on the road today.

“Combining research and training makes this center the first of its kind in North America,” continued Mullen. “When technicians, students and other interested parties enroll in CESVI LIV NA, they will be able to participate in industry-leading training that is influencing industry standards through research-driven courses that are continuously being updated and evaluated based on the latest trends.”

CESVI is a network of independent research and training centers available in Europe, Asia and Latin America that are dedicated to improving performance in a holistic approach for all stakeholders addressing many of the 54 points of a vehicle’s lifecycle. With the help from Solera and over 30 years of success, CESVI brings the best global practices fully customized for the North American market through CESVI LIV NA.

For more information about the CESVI LIV NA center, visit www.cesviliv.com.

About Solera

Solera was founded by Tony Aquila with the mission to digitalize and empower mobility transactions across the critical 54 and 250 lifecycle touchpoints of a car, truck and fleet, delivering true transparency and knowledge to all stakeholders. Today, Solera’s leading digital technologies manage and protect life’s most important assets: our cars, trucks, homes and digital identities. The company process more than 300 million digital transactions annually for approximately 235,000 partners and customers in over 90 countries. For more information, please visit www.solera.com.

Cautions about Forward-Looking Statements

This press release contains forward-looking statements, including statements about the anticipated activities of the CESVI LIV NA facility, including but not limited to, providing, data, insight, training and tools to reduce repair costs within the North American claims environment; integrating OEM repair procedures into consultation and training to promote best practices; supporting better residual values and creating more cost-efficient automotive repairs; enabling collision repair stakeholders to earn additional certifications and gain hands-on training; and providing value and efficiencies to the vehicle collision and vehicle service, maintenance and repair industries. 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 and CESVI LIV NA’s business, including, without limitation: the failure to realize the expected benefits of the CESVI LIV NA research and training center; continued adoption of CESVI LIV NA’s and the Solera group’s products and services; effects of competition on product and service offerings and pricing on CESVI LIV NA’s business and the Solera group’s business; our ability to obtain additional financing as necessary to support our business or operations; and rapid technology changes in our and CESVI LIV NA’s industry. 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.

SOURCE Solera Holdings, Inc.

Related Links
https://www.solera.com

Media Contact:
Sarah Lofdahl
BizCom Associates
318.617.0362
sarah@bizcompr.com

in4mo’s end-to-end property structural claims platform expands Solera’s Digital Home platform, signaling accelerated expansion of Solera’s asset management and risk protection technologies for life’s most important assets

WESTLAKE, Texas, Feb. 7, 2019 /PRNewswire/ — Solera Holdings, Inc. (“Solera”), a global leader in intelligent data and software as a service (SaaS) to manage and secure the automotive, light and heavy truck fleet, home and identity ecosystems, today announced that it has acquired in4mo Oy (“in4mo”), a Nordic leading provider of SaaS-based software and services to the property structure insurance and repair professional marketplaces. This transaction will accelerate the delivery of next-generation Digital Home applications for Solera’s customers and property owners.

“Solera’s mission is to create the smartest digital solutions that advance the ways we manage and protect life’s most important assets,” said Tony Aquila, Solera’s founder, Chairman and CEO. Since its founding in 2005, the founder-led company, which continues to thrive on its mission to develop the most powerful asset management and risk protection technologies, is now accelerating its expansion from the garage into the home. Building upon its innovative digital solutions for property claims (which include structural and contents loss estimating, repair invoice validation, predictive analytics and preemptive fraud detection, and personal identity verification and security), Solera is quickly becoming the global leader in innovative home solutions.

With the acquisition of in4mo, Solera will add yet another component to Solera’s expanding capabilities in the digital protection of all assets that are important to our ways of life. “With more than 180,000 building repair claims processed per year, in4mo’s solutions are trusted by many of the finest and most reputable insurers in Europe,” said Aquila. “We look forward to working with in4mo’s leadership team to expand our global property claims platform for insurers, extend our reach into the household and deliver even more innovative solutions to all participants in the asset ownership marketplace at a pace faster than ever before.”

About Solera

Solera was founded by Tony Aquila with the mission to digitalize and empower mobility transactions across the critical 54 and 250 lifecycle touchpoints of a car, truck and fleet, delivering true transparency and knowledge to all stakeholders. Today, Solera’s leading digital technologies manage and protect life’s most important assets: our cars, trucks, homes and digital identities. The company process more than 300 million digital transactions annually for approximately 235,000 partners and customers in over 90 countries. For more information, please visit www.solera.com.

About in4mo

in4mo is a leading property claims solution provider in the Nordics, providing an end-to-end property structural claims adjustment platform to insurers and repair service companies that facilitates claim processing from first notice of loss to repair fulfillment and payment. Its scalable mobile-first technology platform has set the standard in the Nordics, and established strong leadership positions at insurance carriers in Norway, Denmark, Finland and Sweden, and early traction in Germany. The company was founded in 2007 and headquartered in Helsinki, Finland, with offices and professional staff across the Nordics, in Poland, and in Germany. For additional information, visit https://www.in4mo.com/about/.

Cautions about Forward-Looking Statements

This press release contains forward-looking statements, including statements about: the benefits of the acquisition of in4mo (the “Acquisition”), including but not limited to the acceleration of the delivery of next generation Digital Home applications for Solera’s and in4mo’s partners and property owners worldwide; Solera’s and in4mo’s expanded capabilities to provide asset management and risk protection technologies and solutions; and the benefits and value of products and services to Solera’s and in4mo’s customers, either alone or in conjunction with the products and services of other Solera group companies. 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 transactions of this nature, our business and in4mo’s business, including, without limitation: the failure to realize the expected benefits of the Acquisition; risks associated with and possible negative consequences of acquisitions, investments, joint ventures and similar transactions; successfully integrating in4mo’s solutions with or into other Solera group offerings, including but not limited to, any Digital Home applications; continued adoption of In4mo’s and the Solera group’s products and services; effects of competition on product and service offerings and pricing in4mo’s and the Solera group’s business; Solera’s ability to obtain additional financing as necessary to support its business or operations; and rapid technology changes in Solera’s and in4mo’s industry. 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.

SOURCE Solera Holdings, Inc.

Related Links
https://www.solera.com

Media Contact:
Sarah Lofdahl
BizCom Associates
318.617.0362
sarah@bizcompr.com

Showcasing an expansion of solution suite to include core features in addition to payments, scheduling, messaging, mobility and more

SOUTH JORDAN, Utah, Jan. 23, 2019 /PRNewswire/ — Solera|AutoPoint, an industry leader in fixed operations technology and customer retention marketing for dealerships, announced today it will showcase at NADA its latest customer success suite, which will unite its existing world-class Multi-Point Inspection and Targeted Digital Marketing solutions with scheduling, payments, mobility and logistics solutions, and will create the most comprehensive solutions suite available on the market.

The convergence of these solutions will unify the customer journey in a completely new and efficient way. The consistency and quality of the communications are critical to the overall solution and make the experience predictable and easy for dealerships and their customers. The feature-rich suite will also improve the efficiency within the dealers’ service organization by eliminating communication issues and documentation gaps among other inefficiencies that negatively impact customer satisfaction and service optimization.

“Today’s consumers are extremely busy and seek convenient and hassle-free services in every aspect of their lives,” said Javier Velasco, Managing Director. “Our innovative approach to service combines the consumer’s desire for complete vehicle safety and maintenance with an efficient and seamless experience through applications that will deliver consistent and clear communications, convenient payment processing and choice of transportation across ride-sharing, shuttle or rental.”

“A dealers’ ability to retain service revenue from customers is increasingly more difficult as competition in the market increases,” said Tim Hardin, SVP and General Manager of Solera|AutoPoint. “Our expanded portfolio will deliver exactly what dealers need to retain customers, with advanced messaging at the backbone and inspection at the core, as well as additional convenience features throughout aimed to drive increased retention. Customers choosing our Shuttle OnDemand solution, for example, report up to a 40% reduction in operational costs and significant increases in customer spend for service.”

Dealers can take advantage of limited-time offers at NADA and get additional details from Solera|AutoPoint experts at booth #2001S. NADA Attendees are also invited to Solera|AutoPoint’s happy hour event on January 25th hosted and led by Mobility & Logistics Managing Director David Zwick.

About Solera|AutoPoint:

Solera|AutoPoint is an industry leader in marketing strategies, service execution and digital vehicle titling for automotive dealership service departments. It was the first company to bring these critical pieces together and connect them through a mutual platform that enables OEMs and dealers to deliver an effortless, effective vehicle owner experience, resulting in increased customer satisfaction as well as incremental parts, service and sales revenue. Solera|AutoPoint is a business unit of Solera Holdings, Inc., a global leader in intelligent data and software as a service (SaaS) to manage and secure the automotive, light and heavy truck fleet, home and identity ecosystems. For more information, please visit autopoint.com.

About Solera:

Solera was founded by Tony Aquila with the mission to digitize and make mobility transactions across the critical 54 and 250 lifecycle touchpoints in a car, truck and fleet delivering true and accurate transparency and knowledge to everyone. Today, Solera’s leading digital technologies manage and protect life’s most important assets: our cars, trucks, homes and digital identities. The company process more than 300 million digital transactions annually for approximately 235,000 partners and customers in over 90 countries. For more information, please visit solera.com.

SOURCE Solera Holdings, Inc.

Related Links
autopoint.com

Media Contact:
Sarah Lofdahl
BizCom Associates
318.617.0362
sarah@bizcompr.com

Hollanderparts.com expands its acclaimed virtual marketplace to Australia & New Zealand auto recyclers

USA (Westlake, TX) | January 28, 2019 – Hollander International Systems Ltd., a Solera Holdings, Inc. company, and the largest dedicated recycled auto parts marketplace in Australia & New Zealand, recently announced the launch of a new dedicated used parts marketplace called Hollanderparts.com.au. This new site will list up to 1.5 million recycled auto parts from over 150 qualified auto recyclers across Australia and New Zealand, making Hollanderparts.com.au the single largest site dedicated to the online sale of recycled car parts in Australia and New Zealand.

We are proud to play our role in helping raise awareness and enable access to quality genuine recycled auto parts across Australia and New Zealand,” said Phil Peace, Managing Director of Hollander International Systems Ltd. “We believe this is a huge step in making recycled auto parts available and easily accessible to the mass market whilst offering a one-stop-shop for collision and mechanical repair centers that want to offer high-quality, cost-effective, and sustainable repair at the best possible margin for their business.”

This launch was made possible by Hollander International’s Yard Management system, the largest auto recycler yard management system in the southern hemisphere, and the extensive collaboration of its users. This association’s roots can also be traced to Hollander Parts, the 80-year industry titan of used parts and global yard management. By building off of this expertise, the new parts marketplace is positioned to be the most valuable resource for recyclers in these two countries.

“The launch of the Hollanderparts platform is a high-value impact initiative as we bring access, transparency and accountability to quality genuine recycled auto parts across Australia and New Zealand,” continued Peace. “The platform connects recycled auto parts suppliers with collision and mechanical repair centers to create a digital marketplace with over 1.5 million genuine recycled auto parts from over 150 verified suppliers. Users can match parts based on vehicle make, model and part type, and directly speak to suppliers. In addition, we cover each part with a minimum 3-month warranty and facilitate the transactions with the ability to use PayPal.”

About Hollander
Hollander International, has been supporting the automotive recycling industry for over 80 years. As part of Solera, Hollander International is focused on the growth of recycled auto part use across the automotive industry by providing solutions tailored for vehicle dismantlers to help stock and sell recycled vehicle parts direct to consumers and businesses.

About Solera
Solera was founded by Tony Aquila with the mission to digitalize and empower mobility transactions across the critical 54 and 250 lifecycle touchpoints of a car, truck and fleet, delivering true transparency and knowledge to all stakeholders. Today, Solera’s leading digital technologies manage and protect life’s most important assets: our cars, trucks, homes and digital identities. The company process more than 300 million digital transactions annually for approximately 235,000 partners and customers in over 90 countries. For more information, please visit www.solera.com

SOURCE Hollander International Systems Ltd.

Media Contact:
Sarah Lofdahl
BizCom Associates
318.617.0362
sarah@bizcompr.com

WESTLAKE, Texas, Dec. 11, 2018 /PRNewswire/ — Solera Holdings, Inc. (“Solera”), a global leader in intelligent data and software as a service (SaaS) to manage and secure the automotive, light and heavy truck fleet, home and identity ecosystems, and MAPFRE S.A. (“MAPFRE”), a premier global insurer, announced today the completion of the acquisition of CESVI (Center for Experimentation and Road Safety) Brasil by the two entities’ joint venture, Solera Technology Centre GmbH (“STC”). CESVI Brasil is a leading automotive research and experimentation center in Brasil, focused on providing insight, safety guidelines and transparency, including training for vehicle repair facilities and their technicians, insurers, original equipment manufacturers, and governmental entities.

“STC’s investment in CESVI Brasil furthers our mission of ensuring complete transparency and safety for vehicle and fleet operations and ownership worldwide,” said Javier Velasco, Chief Data Officer of Solera. “The data they collect and the tests they perform are critical to predicting trends and developing cognitive solutions that address the needs of every person who drives, insures or repairs any vehicle in Brasil.”

STC adds CESVI Brasil to its growing operations on three continents, focused on modernizing the insurance and vehicle repair ecosystems with data-based science, predictive software, and technology focused education and training.

About MAPFRE

MAPFRE is a global insurer with presence on five continents. MAPFRE is the largest Spanish insurer in the world, the main multinational insurer in the Latin American market and is among the Top 5 in Non-Life insurer in Europe by volume of premiums. MAPFRE employs more than 36,000 employees and in 2017 MAPFRE’s revenues totaled almost 28 billion euros, with net earnings of 701 million euros. For more information, please visit https://noticias.mapfre.com/en/

About Solera

Solera was founded by Tony Aquila with the mission to digitize and make mobility transactions across the critical 54 and 250 transactions in a car, truck, fleet to deliver true and accurate transparency and knowledge to everyone. Today Solera, is now a global leader in digital technologies that manage and protect life’s most important assets: our cars, trucks, homes and identities. Today, Solera processes over 300 million digital transactions annually for approximately 235,000 partners and customers in over 90 countries. For more information, please visit solera.com.

Cautions About Forward-Looking Statements

This press release contains forward-looking statements, including statements about: the benefits of the acquisition of CESVI Brasil (the “Acquisition”), including but not limited to, STC’s global strategy to leverage data, software to further research and develop new products and solutions; and the benefits and value of products and services to Solera’s, STC’s and CESVI Brasil’s customers. These statements are based on Solera’s 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 transactions of this nature, Solera’s business, STC’s business and CESVI Brasil’s business, including, without limitation: the failure to realize the expected benefits of the Acquisition; risks associated with and possible negative consequences of acquisitions, investments, joint ventures (including STC) and similar transactions; successfully integrating CESVI Brasil’s solutions with or into STC or Solera group offerings; continued adoption of CESVI Brasil’s, STC’s and the Solera group’s products and services; effects of competition on product and service pricing and STC’s, CESVI Brasil’s and Solera’s business; and rapid technology changes in CESVI Brasil’s, STC’s and Solera’s industry. 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.

SOURCE Solera Holdings, Inc.

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Solera Media Contact:
Sarah Lofdahl
Account Manager
BizCom Associates
T +1 318-617-0362
sarah@bizcompr.com

Westlake, Texas, Nov. 28, 2018 — Today, Solera Holdings, Inc. (“Solera”), the leading provider of risk and asset management software and services to the automotive, fleet, property and digital identity ecosystems, announced eBay Motors’ sponsorship of the International Automotive Technicians Network (iATN)—the world’s largest network and forum for professional automotive technicians and diagnosticians. eBay’s new sponsorship of the technical forum connects iATN’s professional technicians with eBay Motors, giving them direct access to one of the world’s largest marketplaces for buying and selling all things automotive, including access to over 80 million automotive parts and accessories listings.

“As iATN’s membership of expert technicians continues to grow, we want to provide more resources for them by aligning with organizations that value technical expertise and advanced vehicle knowledge. We’re pleased to partner with eBay Motors, a trusted leader in the industry that our 80,000-member network can turn to for parts and equipment solutions,” Cristopher Hollingsworth, General Manager of Global SMR and Enterprise Solutions for Solera.

“At eBay Motors, we’re continuously looking for new opportunities to provide value to automotive professionals,” said Jordan Hettinga, Senior Director of eBay Motors Parts and Accessories. “Through our sponsorship of iATN, technicians are sure to find the exact part they need at the right price. They are also able to leverage eBay Motors as a sales channel for unused tools and excess parts inventory by connecting them to our 175 million active buyers worldwide.”

This is the third successful partnership between Solera and eBay Motors. Previously, the two teamed up to introduce eLINK, which connects automotive recyclers to millions of automotive parts buyers, and Virtual Tech, which provides a hotline to car technicians for automotive DIYers seeking professional help on a repair.

More About Hollander eLINK®
Hollander eLINK simplifies the process of listing and selling parts for automotive recyclers and drastically expands their market by enabling them to sync their inventory with listings on eBay. This simplifies their sales process and enables recyclers to efficiently manage thousands of listings and create a significant revenue stream with far less effort compared to other channels.

More About Identifix Virtual Tech
This service connects the DIY market with ASE certified master technicians. Virtual Tech provides expert advice on how to troubleshoot tough to solve vehicle issues and how to fix them.

Solera
Founded and continuously led by inventor and entrepreneur Tony Aquila, Solera is a global leader in digital technologies that connect and secure life’s most important assets: our cars, trucks, homes and identities. Today, Solera processes over 300 million digital transactions annually for approximately 235,000 partners and customers in nearly 90 countries. For more information, please visit solera.com.

eBay Motors
eBay Motors, a part of eBay (Nasdaq: EBAY), is one of the world’s largest marketplaces for buying and selling all things automotive. The site offers everyday cars for everyday drivers, as well as collector cars, motorcycles, auto parts and accessories.

About iATN
IATN’s mission is to promote the continued growth, success and image of the automotive service professional by providing a forum for the exchange of knowledge and the promotion of education, professionalism and integrity. For additional information, automotive industry professionals are welcome to join iATN at http://www.iatn.net.

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Solera Media Contact:
Sarah Lofdahl
Account Manager
BizCom Associates
T +1 318-617-0362
sarah@bizcompr.com

CAP HPI continues to take the plaudits for its products and services, this time at the BusinessCar Fleet Technology Awards – otherwise known as the Techies. Now in its tenth year, the awards recognize the leading products and services from all areas of the business car market – including fleet management, remarketing, daily rental, telematics and maintenance.

The BusinessCar editorial team put their judging hats on and chose winners across ten categories, covering everything from apps to the vehicles themselves. Technology from car manufacturers, suppliers to the fleet industry or fleet operators were all eligible.

A representative from BusinessCar’s editorial team said: “With so much innovation and advancements in technology these days, judging was no easy feat but we’ve selected a winner for each of the ten Techies categories including the coveted Editor’s Choice Award to represent which new tech we think should be at the top of any fleet’s wish list in 2018.”

Our fleet appraisal app developed for customer, Ogilvie, (knows as APPraisal) aims to avoid conflict between fleets and leasing companies over end-of-contract vehicle damage charges. The app allows drivers to ‘self-appraise’ their vehicle. Any damage can be reported and the fleet can be advised on the best course of action for repair or return. The app uses video technology to assess any damage. It auto-populates ‘quick fill’ information and includes a reminder checklist of key items that are commonly forgotten on return. Should a driver be interested in purchasing a vehicle at the end of the contract, the app can provide a valuation, quickening the defleet process.

Not only did the appraisal app win in the Remarketing category, but the app took top spot by winning the Editor’s choice award. A representative from BusinessCar said: “APPraisal tackles a highly contentious area between contract hire companies and their fleet clients. Fleets are resentful if they feel they have been overcharged for damage at the end of a vehicle’s term, while leasing companies need to recover any costs beyond accepted wear and tear. Advising fleets on whether damage needs to be repaired before defleeting avoids any nasty surprises, and APPraisal makes this simple, clear and accurate. The depth of value in the product is why we’ve decided to award APPraisal the Editor’s Choice Award, as well as the Techie for Remarketing.”

Congratulations to everyone involved in developing, deploying and supporting APPriasal.

BusinessCar Fleet Technology Awards
CAP HPI

ROSEVILLE, Minn., Oct. 23, 2018 /PRNewswire/ — The International Automotive Technicians Network (“iATN”), which is comprised of over 80,000 automotive professionals across the world, has partnered with the National Institute for Automotive Service Excellence (“ASE”) to give away free certification and testing vouchers across its membership network. Any paying member of iATN is eligible to win one of the vouchers, valued at $100; six will be given away throughout each quarter and can be used for any automobile and light truck certification, as well as advanced testing.

iATN’s base of dedicated, high-caliber technicians was the inspiration for the giveaway, as both organizations sought to identify ways to acknowledge and appreciate the thousands of technicians that utilize the network for industry training and to contribute expert knowledge. In addition to providing technical assistance and live chats with fellow members, the network aims to support technicians with a wealth of industry knowledge, resources and OE information.

Greg Montero, iATN’s Head of Product and Marketing, underscored the value that this partnership brings to the network’s loyal members. “iATN is proud to support ASE and its mission of promoting excellence in vehicle service, maintenance and repair. iATN wants to do our part in sponsoring member certification.”

“We are pleased to partner with iATN to encourage ASE certification,” said Trish Serratore, Senior Vice President at ASE. “iATN has supported professionalism in our industry from its beginnings just like ASE. Together we improve the image of technicians and grow their skills.”

About iATN

IATN’s mission is to promote the continued growth, success and image of the automotive service professional by providing a forum for the exchange of knowledge and the promotion of education, professionalism and integrity. For additional information, automotive industry professionals are welcome to join iATN at http://www.iatn.net.

About ASE

The National Institute for Automotive Service Excellence was established in 1972 as a non-profit organization to help improve the quality of automotive service and repair through the voluntary testing and certification of automotive technicians and parts specialists. Today, there are more than a quarter of a million ASE certified professionals at work in dealerships, independent shops, collision repair shops, auto parts stores, fleets, schools and colleges throughout the country. For more information about ASE, visit www.ASE.com.

SOURCE International Automotive Technicians Network

Related Links
http://www.iatn.net

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Solera Media Contact:
Sarah Lofdahl
Account Manager
BizCom Associates
T +1 318-617-0362
sarah@bizcompr.com

PR Newswire Article

WESTLAKE, Texas and RIYADH, Saudi Arabia, Oct. 9, 2018 /PRNewswire/ — Solera Holdings, Inc. (“Solera”) and The Saudi Authority for Accredited Valuers (“Taqeem”) of the Kingdom of Saudi Arabia have signed a Memorandum of Understanding to establish a strategic partnership to launch Solera’s Digital Garage platform for the automotive, fleet, property and digital identity ecosystem in Saudi Arabia, underpinning Saudi Vision 2030 to become a leading intercontinental logistics hub.

The initial scope of the partnership shall establish an accredited damage calculation standard, a salvage auction ecosystem and an accredited vehicle valuation methodology for insurance underwriting and the used vehicle market.

The partnership will also assess establishing and operating a state-of-the-art training and research center in Saudi Arabia to support Taqeem’s goal of professionalizing and modernizing the auto claims and repair industry to enhance the societal goals of increasing road safety, economic activity and participation. The training and research center would leverage the know-how from Solera’s advanced global network of automotive research centers, known as CESVI LIV, to train technicians and certify skilled automotive professionals and workshops, as well as educate the insurance claims and vehicle repair industries in Saudi Arabia.

Eng. Hani Dahhan, Deputy Secretary General, stated that one of Taqeem’s objectives is to develop the valuation profession and raise the level of its practitioners professionally and technically. “We will work through this strategic partnership to establish the first automotive research center in the MENA region, which will be a scientific and professional hub for all specialists in the field. Taqeem will also provide specialized training courses in automotive damage assessment and repair through the center. Solera is the global leader in developing automated solutions for the automotive industry and is the best partner to help establish trust and professionalism in valuation reports.”

“Solera and Taqeem plan to shape the future of the digital mobility landscape in Saudi Arabia with the introduction of the Digital Garage platform and IVAS technology to transform the way people enjoy mobility,” said Tony Aquila, founder, Chairman and CEO of Solera. “This partnership accelerates Solera’s global mission to address all aspects of the mobility ecosystem with cognitive, data-powered and industrial blockchain-secured solutions.”

Solera and Taqeem view this agreement as a long-term partnership to transform Saudi Arabia and the Middle Eastern region by introducing intuitive and disruptive digital solutions for the mobility space, thereby equipping consumers with next-generation tools for managing life’s most important assets—their cars, properties and digital identities.

About Taqeem
The Saudi Authority for Accredited Valuers (TAQEEM) was established as a body of an independent, non-profit and judicial nature, operating under the Ministry of Commerce and Investment. TAQEEM has the role of organizing and developing the valuation profession, qualifying and accrediting Valuers across asset classes. TAQEEM aims to regulate and develop the valuation profession, accredit qualified valuers and apply the International Valuation Standards to increase the community trust and awareness in the valuation profession

About Solera
Founded and continuously led by inventor and entrepreneur Tony Aquila, Solera is a global leader in digital technologies that connect and secure life’s most important assets: our cars, trucks, homes and identities. Today, Solera processes over 340 million digital transactions annually for approximately 240,000 partners and customers in nearly 90 countries. For more information, please visit solera.com.

Cautions about Forward-Looking Statements
This press release contains forward-looking statements, including statements about: the benefits of the partnership between Solera and Taqeem (the “Partnership”), including but not limited to: the establishment of accredited damage calculation standards, a salvage auction ecosystem and an accredited vehicle valuation methodology; the potential establishment of a training and research center in Saudi Arabia; the potential further development and proliferation of Solera’s products and solutions (including, but not limited to the Digital Garage and IVAS) within Saudi Arabia and the Middle Eastern region; and the expected benefits of the Partnership to automobile, mobility and insurance industry participants within Saudi Arabia and the Middle Eastern region. These statements are based on 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 transactions of this nature, Solera’s business and Taqeem’s business, including, without limitation: the failure to realize the expected benefits of the Partnership; the failure to achieve commercial acceptance of present and future Solera solutions, products and services; risks associated with and possible negative consequences of acquisitions, investments, joint ventures and similar transactions; successfully combining Solera’s solutions, products and services with or into other Taqeem solutions, products and services; continued adoption of Solera’s and Taqeem’s solutions, products and services; and the effects of competition on product and service pricing and Solera’s and Taqeem’s business. Solera and Taqeem are under no obligation to (and specifically disclaim any such obligation to) update or alter any forward-looking statements whether as a result of new information, future events or otherwise.

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Solera Media Contact:
Sarah Lofdahl
Account Manager
BizCom Associates
T +1 318-617-0362
sarah@bizcompr.com

PR Newswire Article