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Letter to the Editor

Solera Holdings Will Enter Greek Market, Will Repurchase Market Rights from Licensee

Solera will conduct business in the 5.4 million insured vehicle market through an indirect wholly-owned subsidiary named Informex Hellas.

Informex Hellas will introduce a new, web-based suite of products and services that are designed to allow insurers, assessors, and collision repair shops to manage claims processing work flow more effectively and accurately .

"Our entry into the Greek market by purchasing the rights to conduct business in that market from our independent licensee is consistent with our stated strategic plans of expanding into new geographies and bringing core value-added services to the participants in the automotive claims process," said Tony Aquila, Solera's Founder, Chairman and Chief Executive Officer.

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, HPI in the United Kingdom, Hollander serving the North American recycling market, AUTOonline providing salvage disposition in a number of European countries and Mexico, and IMS providing medical review services.

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