Adicio Announces New Carfax 1-Owner Feature

CARLSBAD, Calif., Dec. 19 /PRNewswire/ — Adicio, the Internet’s leading developer of web-based classified advertising solutions, has teamed up with Carfax to help dealers effectively market their Carfax 1-Owner inventory through Adicio’s online automotive classified listings.

Studies show that consumers are willing to pay up to 15% more for a Carfax 1-Owner car. Used cars with only one previous owner tend to be consistently driven and well-maintained. With Adicio’s new Carfax 1-Owner feature, consumers can easily identify Carfax 1-Owner cars listed by subscribing dealers, a distinct competitive advantage that helps sell cars faster and for more money.

“Dealers advertising their used vehicles on our client sites have multiple venues to highlight their listings and receive the additional exposure they need to move the inventory on their lots,” said Deep Menon, General Manager of Motors at Adicio. “The Carfax 1-Owner feature provides dealers with a way to increase their used car profitability while building consumer confidence, and gives our online classified clients another tool to help automotive dealers succeed in their local markets.”

With this enhancement to Adicio’s online listings, dealers can highlight these premium vehicles by prominently displaying a Carfax 1-Owner logo within each listing. Carfax has programs in place to make sure dealers take advantage of their Carfax 1-Owner inventory online.

“In these economic times, it’s vital to make your online listings stand out from the competition,” said Larry Gamache, communications director at Carfax. “Carfax and Adicio are working together to help dealers draw more potential buyers to their Carfax 1-Owner listings and build consumer confidence When you give buyers what they want, you sell cars faster and make more money.”

To learn more about Adicio Motors classified advertising software, please visit www.adicio.com. For information on pricing, contact us at 760.602.9502 or toll free at 800.276.1332.

About Adicio, Inc.

Adicio develops interactive classified advertising software solutions for the careers, real estate, and motors markets, which serve the Internet’s leading media companies and web portals. With its award-winning technology and enterprise-class software platforms, domain expertise, and customer service, Adicio delivers a private-label application that seamlessly integrates within online classified advertising offerings, enabling clients to generate revenue and retain their brand while building and managing their online classified efforts. Clients can deploy Adicio’s software as a turnkey solution or customize Adicio’s application to leverage existing brand strategy and support online sales and marketing objectives. For more information, please visit www.adicio.com, or call 760.602.9502 or 800.276.1332.

About Carfax (www.carfax.com)

Millions of used car buyers and sellers each year rely on Carfax, the most trusted provider of vehicle history information. Using the unique 17-character vehicle identification number (VIN) found on vehicle dashboards and title documents, Carfax instantly generates a detailed Vehicle History Report on any used car or light truck. Carfax Vehicle History Reports(TM) provide valuable information that helps used car buyers and sellers make better decisions. Free Carfax Vehicle History Reports are instantly available with vehicles listed in nearly every online marketplace by Carfax-subscribing dealers. For more information or to become a Carfax-subscribing dealer, call (800) 444-0145 or visit www.carfaxonline.com.

NADA Chairman Praises President Bush for Providing Automaker Relief

Auto Dealers Say Loans Will Allow Industry to Succeed

WASHINGTON, Dec. 19 /PRNewswire-USNewswire/ — The Chairman of the National Automobile Dealers Association, Annette Sykora, said President Bush’s decision to provide domestic automakers with short-term loans gives “the shot in the arm we need to lead the economic recovery.”

“This is the first step toward restoring consumer confidence,” Sykora said in a written statement today.

Bush announced today that the government will provide $13.4 billion to U.S. automakers in short-term loans to give manufacturers time to restructure.

“When you have the government declaring its confidence and commitment to U.S. auto manufacturers, it helps reassure the American public that domestic automakers will be around for the long term,” Sykora said. “This sends a clear message: Consumers can now consider any car from any manufacturer with confidence.”

NADA, founded in 1917 and based in McLean, Va., represents about 19,700 new-car and truck dealers holding nearly 43,000 separate franchises, both domestic and international.

An Open Letter From Bob Nardelli

AUBURN HILLS, Mich., Dec. 19 /PRNewswire/ — To Chrysler employees and
other stakeholders:

We have received news that U.S. Treasury Secretary Henry Paulson will
provide $4 billion of initial funding to Chrysler LLC from the TARP (Troubled
Assets Relief Program) as a loan to help bridge the current financial crisis.
We appreciate the Administration’s confidence in Chrysler.

As outlined in our submission to Congress, we intend to be accountable for
this loan, including meeting the specific requirements set forth by the
government, and will continue to implement our plan for long-term viability.
The receipt of this loan means Chrysler can continue to pursue its vision to
build the fuel-efficient, high-quality cars and trucks people want to buy,
will enjoy driving and will want to buy again.

For Chrysler to succeed in its mission to return to profitability, we need
the continued support of our many business partners. Terms associated with the
bridge loan include Chrysler’s commitment to work with key constituents –
including our owners, lenders, suppliers, dealers, management and employees –
to identify and achieve the cost-savings concessions we need to build a
long-term viable enterprise. These concessions discussions will happen
quickly, as a full governmental review and approval of our plan is expected by
March 31, 2009.

We are meeting with our suppliers, mindful that they are going through a
difficult period as well. But we must cooperatively find ways to further
reduce our costs while maintaining normal operations. We will ask our
suppliers to maintain their commitment to reasonable trade terms and normal
fulfillment of orders for as long as the federal loan is outstanding. This
will assure that neither Chrysler, nor our suppliers would suffer the
substantial losses caused by the plant/production shutdowns that result from
stop shipments or other disruptions.

We will seek continued dealer cooperation to improve our cash position and
consolidate our U.S. network. Project Genesis is on the path to aligning our
product portfolio with a smaller, healthier tri-branded dealer network based
on the realities of our business environment. Because strong, healthy dealers
are essential to our success, we are also working with our dealers to keep
dealer inventories in line with the marketplace, focusing on how they can
support their business despite the falloff in sales through sales of used
vehicles, service and parts.

As a condition of the bridge loan, we have committed to work with our
lenders to seek their participation in concessions as well.

Cerberus has already agreed to forgo any benefit from the upside that
would, in part, be created from the bridge loan and any other government
assistance that the Company may obtain.

All employees have and will continue to help support Chrysler’s recovery.
We have also partnered with the UAW to find new opportunities to increase our
competitiveness. The Company has already undertaken and will continue to
undertake significant cost reduction actions related to salaried workers also.

The bridge loan allows us to meet cash needs, pay our suppliers, continue
developing great products and move forward with the restructuring and
streamlining of our organization that we began in 2007. This restructuring
will reduce the number of personnel layers while increasing managers’ span of
control, enabling us to reduce costs, make faster decisions and do our jobs
effectively with fewer resources.

In our drive to profitability, we will not slow down on plans to provide
the cars and trucks that people in markets around the world want to buy. We
have 24 major launches in our plan from 2009 through 2012, with a key feature
of this future product strategy being our capability as an electric vehicle
company. Building on our status as the largest producer of electric-drive
vehicles in the United States today with our GEM unit, we are focusing on
electric as our primary clean-vehicle technology.

Combined with our new products from our ENVI group, we expect that 500,000
Chrysler electric-drive vehicles will be on the road by 2013.

It is essential that we continue to promote our lineup of current and
future products so that our customers understand the profound changes taking
place at Chrysler. With that in mind, we will be revealing several important
new products at the upcoming North American International Auto Show. We also
sought the support of our local Detroit area dealers for the auto show, and I
want to express my appreciation to all those that have provided assistance to
help fund our exhibit.

While promoting our products, we will also appropriately scale back some
of our presence at the auto show because of current business conditions. We
have conserved costs in our press event with vehicle reveals that are
product-focused and straightforward, and a simplified product display.

As we draw to the end of this very eventful and difficult year, I want to
extend my thanks to all who contributed to Chrysler this year, including our
many colleagues who have moved on. Against the difficult conditions of a
global recession, you have once again shown the resilience that is the
hallmark of Chrysler people. In recent weeks, I have received hundreds of
letters of support from those in the extended Chrysler family, confirming that
there is great enthusiasm to restore our company to success.

With the holidays upon us, I hope you can take time to enjoy the warmth
and companionship of good friends and family. Please have a safe and joyous
holiday season, and let’s all return in 2009 with a renewed commitment to
making Chrysler the great company we all want it to be.

Bob Nardelli

Ford Motor Company Welcomes Action to Provide Emergency Funding to GM and Chrysler

DEARBORN, Mich., Dec. 19 /PRNewswire-FirstCall/ — Ford Motor Company
(NYSE: F) said today that it welcomes action by the Administration to provide
emergency funding for General Motors Corp. and Chrysler LLC.

“As we told Congress, Ford is in a different position. We do not face a
near-term liquidity issue, and we are not seeking short-term financial
assistance from the government,” Ford President and CEO Alan Mulally said.
“But all of us at Ford appreciate the prudent step the Administration has
taken to address the near-term liquidity issues of GM and Chrysler. The U.S.
auto industry is highly interdependent, and a failure of one of our
competitors would have a ripple effect that could jeopardize millions of jobs
and further damage the already weakened U.S. economy.”

Ford recently submitted to Congress its comprehensive business plan, which
details the company’s plan to return to pre-tax Automotive profitability by
2011. In the plan, Ford said the transformation of its North American
automotive business will continue to accelerate through aggressive
restructuring actions and the introduction of more high-quality, safe and
fuel-efficient vehicles — including a broader range of hybrid-electric
vehicles and the introduction of advanced plug-in hybrids and full electric
vehicles.

“Ford has a comprehensive transformation plan that will ensure our future
viability — as evidenced by our profitability in the first quarter of 2008,”
Mulally said. “While we clearly still have much more work to do, I am more
convinced than ever that we have the right plan that will create a viable Ford
going forward and position us for profitable growth.”

Ford is asking for access to a line of credit of up to $9 billion in
bridge financing, but reiterated that it hopes to complete its transformation
without accessing a government loan.

“For Ford, a line of credit would serve only as a critical backstop or
safeguard against worsening conditions, as we drive transformational change in
our company,” Mulally said.

Ford reiterated that it is continuing aggressive actions to reduce costs
and improve Automotive gross cash to fund its product-led transformation plan,
despite the continued weakness in the global automotive market and economic
environment. Ford said it is more committed than ever to deliver more of the
safe, affordable, high-quality, fuel-efficient vehicles that consumers want
and value. The company’s plans include:

— Delivering best-in-class or among the best fuel economy with every new
vehicle introduced.

— Investing approximately $14 billion in the U.S. on advanced
technologies and products to improve fuel efficiency during the next seven
years.

— Introducing industry-leading, fuel-saving EcoBoost engines on today’s
vehicles for up to 20 percent better fuel economy and up to 15 percent fewer
CO2 emissions versus larger-displacement engines.

— Bringing to market by 2012 a family of hybrids, plug-in hybrids and
battery electric vehicles.

— Upgrading the Ford, Lincoln, Mercury lineup in North America almost
completely by the end of 2010.

— Bringing six European small vehicles from global B-car and C-car
platforms to be built in Ford’s North America plants.

— Retooling three North American truck plants to produce small, fuel
efficient vehicles.

— Building on vehicle quality that is now on par with Honda and Toyota -
and that consistently is being recognized by important third-parties like J.D.
Power and Associates’ Initial Quality Study – driven by Ford’s disciplined and
standardized processes for every product.

— Building on vehicle safety leadership – with the most U.S. government
5-star safety ratings of any auto company and recently moving past Honda for
the industry’s most IIHS “Top Safety Picks” – plus new smart safety features,
such as the industry-first MyKey technology that limits top speed and audio
volume for teens and the first forward crash-avoidance system for mainstream
vehicles.

— Supporting Ford’s products with a lean, flexible global manufacturing
system on par with leading Japanese and European facilities.

To read Ford’s submission to the U.S. Congress and for more information
about Ford’s plan, please visit www.thefordstory.com.

Ford Motor Company, a global automotive industry leader based in Dearborn,
Michigan, United States, manufactures or distributes automobiles in 200
markets across six continents. With about 224,000 employees and about 90
plants worldwide, the company’s core and affiliated automotive brands include
Ford, Lincoln, Mercury, Volvo and Mazda. The company provides financial
services through Ford Motor Credit Company. For more information regarding
Ford’s products, please visit www.ford.com.

Chrysler LLC Thanks the Administration and Treasury for Their Confidence

AUBURN HILLS, Mich., Dec. 19 /PRNewswire/ — Chrysler LLC Chairman and CEO
Bob Nardelli said on behalf of the men and women of Chrysler and its extended
enterprise, that he would like to thank the Administration and Treasury for
their confidence in the Company.

“A letter of intent was signed which outlines the specific requirements
that must be achieved,” said Nardelli. “These requirements will require
consideration from all constituents, requiring commitment first in principal,
leading to implementation this coming year. Chrysler is committed to meeting
these requirements.”

Nardelli said the Company would remain focused on its challenge and this
initial injection of working capital would help bridge the liquidity crisis
the industry is facing and assist in helping return Chrysler to profitability.

Chrysler LLC Announces Further Realignments in Sales and Marketing

AUBURN HILLS, Mich., Dec. 19 /PRNewswire/ — In a continued effort to
restructure and refocus its operations, Chrysler LLC today announced further
realignments within its Global Sales and Marketing organization.

As a result, the following responsibilities are realigned to Steven J.
Landry, Executive Vice President – North American Sales, Marketing and
Mopar Parts and Service: brand marketing, media and events, advertising,
interactive and customer relationship management. Landry continues to oversee
Mopar Parts, service, sales programs, dealer operations, field operations and
distribution and Chrysler Canada.

Corporate research and global product planning are realigned to Michael
Manley, Executive Vice President – International Sales and Global Product
Planning Operations. Manley is also responsible for product planning, global
demand planning, strategic portfolio planning, research, regional operations
(Asia, Latin America, Europe, Middle East and Africa) and Chrysler de Mexico.

Deborah Meyer, Vice President and Chief Marketing Officer announced that
she will leave the Company, effective immediately, to pursue other
opportunities. Chrysler will eliminate the position of Chief Marketing
Officer.

Chrysler Vice Chairman and President James E. Press said this
consolidation provides even greater alignment for the Company to focus on its
customers, dealers, regional operations and global product planning.

Chrysler will also refocus its efforts in Asia, redirecting the sales and
marketing function for the Asia Pacific Region, particularly in China, which
will continue to report to Manley.

Chrysler will continue its global partnership and alliance strategy,
including seeking new opportunities in China. However, those functions will be
centralized in Chrysler’s Auburn Hills, Mich., headquarters under L.
John Cataldo, Vice President – Business Development and Alliances.

Philip F. Murtaugh has announced his plan to leave Chrysler at the end of
the month to pursue other interests.

Infor Sparks Production at Bolton Conductive

Infor ERP VISUAL Increases Inventory Visibility and Production Planning and Scheduling for Automotive Supplier

ATLANTA, Dec. 19 /PRNewswire/ — Infor today announced Bolton Conductive Systems, a leading manufacturer of electrical systems for the automotive, military and other industries, has selected Infor ERP VISUAL, a robust enterprise resource planning system for small to midsized companies in the automotive and discrete manufacturing industries. ERP VISUAL addresses the company’s front office, back office, manufacturing, engineering, distribution, and business performance needs and will enable Bolton Conductive, which recently doubled its sales, to boost profitability through increased inventory visibility and enhanced planning and scheduling.

Sold and serviced through Infor Channel Partner Visual Business Solutions, Infor ERP VISUAL provides Bolton Conductive greater visibility into the precise inventory levels required to increase production to meet its higher demand. Additionally, the planning and scheduling functionality of Infor’s software will provide the company insight into production levels and requirements to deliver goods to customers to meet their just-in-time production agenda. Through these capabilities, ERP VISUAL will help Bolton Conductive improve its internal operations to keep pace with its recent and projected growth.

“We considered several ERP systems and ultimately selected Infor ERP VISUAL because we knew that the solution had the flexibility to change and grow with us over time,” said Bill Bolton, owner, Bolton Conductive Systems. “Infor’s unique approach to Service Oriented Architecture gave us the confidence that as we evolve as a company, we can seamlessly add new functionality without disrupting our business. We know that Infor’s dedication to deliver new functionality to ERP VISUAL will mean the system will continue to be the best solution for us and will keep our total cost of ownership low.”

Bolton Conductive Systems, located in Walled Lake, Mich., plans to deploy ERP VISUAL at its 80,000 sq/ft manufacturing facility, where the company produces electrical systems for major OEMs including GM, Saturn and Cobasys. Many of the company’s 110 employees will use the system, which will help them have clear knowledge of inventory and accurately plan and schedule production.

“Businesses across the country, and especially in the automotive industry, need to find ways to bolster productivity and profitability to remain competitive in today’s volatile marketplace,” said Kevin Piotrowski, director of discrete industry and product marketing, Infor. “Infor ERP VISUAL is used by more than 4,000 small to midsized manufacturing companies because its rich, built-in functionality helps reduce lead times and inventory, and improve productivity and customer satisfaction.”

For more information on Infor ERP VISUAL, please visit http://www.infor.com/product_summary/erp/visual/ or for more information on Infor’s automotive industry solutions please visit http://www.infor.com/industries/automotive/.

About Bolton Conductive

Located in Walled Lake, Mich., Bolton Conductive Systems LLC is a world-class electrical system supplier that designs and manufactures a wide variety of electrical solutions for the automotive, military, marine, and specialty vehicle markets. For more information, visit www.bcsllc.biz.

About Infor

Infor acquires and develops functionally rich software backed by thousands of domain experts and then makes it better through continuous innovation, faster implementations, global enablement, and flexible buying options. In a few short years, Infor has become one of the largest providers of business software in the world. For additional information, visit www.infor.com.

    For more information:
    Dan Barnhardt                        Cameron Smith
    Wunderkind Public Relations          Infor
    404-601-3660 x 122                   678-319-8280
    dbarnhardt@wunderkindpr.com          cameron.smith@infor.com

Organizers and Media Interactive During Press Conference for ‘Auto Shanghai 2009′

SHANGHAI, China, Dec. 19 /PRNewswire-Asia/ — The official press
conference for the 13th Shanghai International Automobile Industry Exhibition
(“Auto Shanghai 2009″) was successfully held on December 11 in the Four
Seasons Hotel, Shanghai. Hundreds of mainstream media took part in this press
conference, including Xinhua News Agency, China News Agency, China National
Radio, Shanghai Media Group TV News Center, Shanghai Media Group Radio News
Center, Jiefang Daily, Wenhui Newspaper, Xinmin Evening News, Xinwen Morning
News, Shanghai Jiaotong Radio, Sina.com, Sohu.com, 163.com, Eastday.com and
Chinacars.com. During and after the conference, journalists were encouraged
to actively ask organizers of the 2009 event questions, and the conference
proved to be completely interactive.

A selection of the questions and answers provided during the press
conference are listed below:

    Q: What is the meaning of the theme of "ART OF INNOVATION"?

    A: Considering the English theme "ART OF INNOVATION", Auto Shanghai 2009
       will focus more on the development and improvement of technology and
       new energy.  The development of new technologies, such as hybrid power,
       new energy, to appear in Auto Shanghai 2009 might be more clearly
       reflected in English.  At the same time, the organizers are considering
       planning relevant activities to better reflect this theme -- Mr. Lu Ren,
       executive vice president of Shanghai International Exhibition Co., Ltd.

    A: In every world-level automobile exhibition, there will be new themes
       and slogans.  Automobiles around the world have been developing new
       technologies, pursuing more environmental friendly, more effective and
       more advanced ideas.  Facing the current world economic crisis,
       automobile enterprises are confronted with new challenges.  The
       solution is to develop new technologies better, which is also the theme
       of Auto Shanghai 2009 -- Mr. Harald Mulle, CEO of International
       Exhibition and Trade Fair Co., Ltd. from International Messe- und
       Ausstellungsdienst (IMAG).

    Q: Would you please give us an introduction to cars with new energy in
       this exhibition?

    A: As a consensus of this industry, all home-grown brands in the
       automobile industry nationwide are developing new energy cars, hybrid
       vehicles, electronic vehicles.  They develop these technologies in
       their core fields.  New energy cars will be showcased in the exhibition,
       allowing these companies the opportunity to display their latest
       technology -- Mr. Wangxia, vice-chairman of the Automobile Sub-council
       of the China Council for the Promotion of International Trade (CCPIT).

    Q: As the automobile industry is facing the economic crisis, will national
       home-grown brands postpone the development of new energy technologies?

    A: The automobile industry will no longer market cars through price
       leverage, but will improve technology and quality.  The automobile
       enterprises and factories are prudent in terms of price wars.  In
       actuality, they will occupy the market by investing in the research and
       development of new products, and by manufacturing new products.  They
       won't postpone such research and development and clearer information
       will come out next February or March -- Mr. Wang Xia, vice-chairman of
       the Automobile Sub-council of the China Council for the Promotion of
       International Trade (CCPIT).

    Q: As regards to the development of 'new energy', will the organizer
       provide a platform or will it co-promote the technology development
       with manufacturers?

    A: The exhibition aims to advocate information for manufacturers, and
       transfer opinions to the government through this platform.  The release
       of new policies for the automobile industry needs multilateral
       coordination.  We hope that we can communicate different ideas to
       policy makers through display and advocacy at this exhibition, and we
       also hope the exhibition can serve as a signal to highlight the need of
       new energy policies -- Mr. Wang Xia, vice-chairman of the Automobile
       Sub-council of the China Council for the Promotion of International
       Trade (CCPIT).

    Q: The Shanghai automobile exhibition has enormous influence on many local
       citizens; the exhibition area and scale are so large that it is
       impossible to visit all exhibits in a short time.  What new measures
       have been taken to make it more people-oriented? (For example, new
       measures with regard to the arrangement of display halls, tickets, and
       car-parking, etc.)

    A: The Shanghai automobile exhibition and Beijing automobile exhibition
       have something in common here: there are a huge number of people and
       automobiles.  The organizers have attached great importance to this
       problem too, so they are discussing every detail with the supporting
       service providers, trying to provide quicker and more technological
       services.  For example, the organizer will promote the mobile phone
       two-dimensional bar code ticket system. And the Pudong District
       government has been making more efforts in civil construction.  The
       organizer will negotiate with the relevant government bureaus on the
       issue of transport and parking spaces, etc.  We will remind the
       spectators to come by public transport, and we hope the media will help
       to communicate such information to the public -- Mr. Gu Chunting,
       executive vice president of Shanghai International Exhibition Co., Ltd.

    A: In an exhibition, there will be government, exhibition organizers,
       exhibitors and spectators.  From the previous versions where much
       support was needed from the government to the current version
       characterized by more and more marketization, we have focused more on
       the needs of the exhibitors.  For the media, the news day for Auto
       Shanghai 2005 is only one day, but two days for Auto Shanghai 2007.
       The organizer provided much facilitation to the media, such as the
       media center, which made it easier for journalists to interview and to
       write.  For the spectators, the service level of a city is related to
       how people can take part in exhibitions.  Exhibitions have a huge
       demand in China, but we do not emphasize the area.  Visiting large-
       scale exhibitions will make the spectators feel tired.  For example, it
       will take two days to visit all the exhibition areas of the Frankfurt
       Automobile Show.  We hope to control the scale and allow the spectators
       to see the exhibition in one day. We hope to present a healthy and
       sustainable automobile exhibition, and we aim to improve efficiency and
       allow the spectators to see the exhibition in one day -- Mr. Wang Xia,
       vice-chairman of the Automobile Sub-council of the China Council for
       the Promotion of International Trade (CCPIT).

    Q: What is the difference between tickets in 2009 and those in previous
       years, with regard to varieties and prices?

    A: Ticket designs for Auto Shanghai 2009 are based on the feedback of
       previous visitors, fully expressing the idea of a people-oriented
       service.  In order to make it more convenient for people to choose the
       visiting time, the organizers will cancel the one-day tickets for
       professional spectators and introduce new tickets for professional
       spectators, which will be valid for both April 22 and April 23, while
       the price will remain at RMB100 per ticket. The organizer will also add
       some general public day tickets, which will be valid from April 24 to
       April 28 with a price of RMB80 per ticket.  Meanwhile, the public day
       one-day tickets will continue to be used (valid only on the day of
       purchase) with price the same as last year, RMB50 per ticket -- Mr. Lu
       Ren, executive vice president of Shanghai International Exhibition Co.,
       Ltd.

    Details of various tickets:

        Ticket Type          Applicable date       Price          Notes
                                                (RMB/ticket)
       Professional        April, 22  Wednesday     100       Valid for either
        spectator tickets  April, 23  Thursday                 day, but only
                                                               for one entry

       Public day          April, 24  Friday         80       Valid for either
        general tickets    April, 25  Saturday                 day, but only
                           April, 26  Sunday                   for one entry
                           April, 27  Monday
                           April, 28  Tuesday

       Public day          April, 24  Friday         50       Only valid for
        one-day tickets    April, 25  Saturday                 day of purchase
                           April, 26  Sunday                   and for one
                           April, 27  Monday                   entry
                           April, 28  Tuesday

    Q: Have any important activities been decided upon?

    A: Relevant news will be released in the third news conference in 2009.
       In Auto Shanghai2009, in order to give the exhibitors and spectators
       better experience, we will present dynamic demonstrations.  Other
       activities are still under consideration and preparation -- Mr. Lu Ren,
       executive vice president of Shanghai International Exhibition Co., Ltd.

    Q: How will the dynamic demonstrations be presented?

    A: 2009 Auto Shanghai will be highlighted by the integration of dynamic
       and static presentations, which is also a new experiment.  More details
       will be formally released in the press conference next year.  I also
       declare that the official website for Auto Shanghai 2009,
      http://www.autoshanghai.org, will be launched after the conference.  We
       hope friends from the media could visit our website as much as possible
       -- Mr. Lu Ren, executive vice president of Shanghai International
       Exhibition Co., Ltd.

    Q: Will the home-grown brands of the six largest national automobile
       groups be displayed together or individually?

    A: They will display their products in their own large exhibition areas --
       Mr. Wang Xia, vice-chairman of the Automobile Sub-council of the China
       Council for the Promotion of International Trade (CCPIT).

Solera Holdings, Inc. Acquires HPI Ltd.; Further Enhances Its Product and Service Offering to UK Market

SAN DIEGO, Dec. 19 /PRNewswire-FirstCall/ — 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 completed the acquisition of HPI Ltd., the leading UK provider of used vehicle validation services, from Aviva plc, the largest insurance provider in the U.K.

Audatex, a Solera company, and Aviva have been strategic international partners for more than a decade. As a leading global provider of claims solutions and one of Aviva’s claims management technology partners, Solera provides an innovative suite of services that help customers improve performance within the auto and property claims environments. Solera believes its acquisition of HPI will enhance that capability significantly.

The total consideration paid for HPI at closing was approximately $117.4 million (78.3 million pounds Sterling), which consisted of approximately $100.5 million (67.0 million pounds) in cash and a subordinated note in the amount of approximately $16.9 million (11.3 million pounds). The subordinated note carries an annual rate of interest of 8.0% and becomes due and payable in full on December 31, 2011, subject to certain restrictions contained in our Amended and Restated First Lien Credit and Guaranty Agreement. Up to a maximum additional aggregate amount of approximately $7.2 million (4.8 million pounds) in cash could be earned by the seller of HPI should HPI achieve certain post-closing financial performance measures in Calendar Years 2009, 2010, and 2011. After payment of the cash portion of the consideration for HPI at closing, we had approximately $150 million of cash on our balance sheet and no amounts outstanding under the Senior Secured Revolving Credit Facility portion of our Amended and Restated First Lien Credit and Guaranty Agreement.

“The acquisition of HPI is consistent with our strategy of investing in companies that are both aligned with and extend our core automotive claims and data services offering. The HPI suite of products and services will enhance our delivery of decision support data and software applications to our insurer, car manufacturer, auto dealer, and finance company customers. The acquisition will help us meet some of the increased demand from our clients for access to integrated historical information on specific vehicles and specific clients with which they are about to transact. Additionally, we will begin exploring the extension of the HPI model both regionally and internationally within the Solera portfolio. We are excited to have completed this transaction, and we very much look forward to focusing on building additional stockholder value through leveraging the assets of Solera and HPI for the benefit of our clients,” said Tony Aquila, Solera’s Chairman and Chief Executive Officer.

Although we do not plan to update our previously issued financial outlook for Fiscal Year 2009 until our second fiscal quarter 2009 earnings release and conference call currently anticipated for the first week of February, 2009, our preliminary estimate is that the acquisition of HPI will add approximately $21.0 million (14.0 million pounds) to our Fiscal Year 2009 revenues and approximately $9.0 million (6.0 million pounds) to our Fiscal Year 2009 Adjusted EBITDA. Additionally, our preliminary estimate is that the acquisition of HPI will add approximately $4.0 million (2.7 million pounds) to our Fiscal Year 2009 GAAP Net Income (or $0.06 per fully-diluted share), and approximately $4.5 million (3.0 million pounds) to our Fiscal Year 2009 Adjusted Net Income (or $0.07 per fully-diluted share) which offset the dilutive effect of our recent equity offering of approximately ($0.03) per fully-diluted share to our Fiscal Year 2009 GAAP Net Income and approximately ($0.06) per fully-diluted share to our Fiscal Year 2009 Adjusted Net Income. All amounts payable to the sellers are payable in Pound Sterling, and all U.S. Dollar amounts above assume an exchange rate of $1.50-for-1.00 pounds.

We are currently in the process of determining the amount and nature of goodwill and intangible assets associated with the purchase of HPI in accordance with SFAS No. 142. We expect to complete this process during the next 45 days. Should our final determination of the amount and nature of goodwill and intangible assets differ substantially from our preliminary estimates, this could significantly change the impact that we estimate the HPI acquisition will have on our Fiscal Year 2009 GAAP Net Income and Fiscal Year 2009 Adjusted Net Income.

We are also in the process of determining our filing requirements for the HPI acquisition pursuant to Rule 3-05(b) promulgated under Regulation S-X. We anticipate filing the required HPI financial statements by March 6, 2009.

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 http://www.solerainc.com.

Non-GAAP Financial Measures

We use a number of non-GAAP financial measures that are not intended to be used in lieu of GAAP presentations, but are provided because management believes that they provide additional information with respect to the performance of our fundamental business activities and are also frequently used by securities analysts, investors and other interested parties to facilitate the evaluation of our business on a comparable basis to other companies. The three primary non-GAAP financial measures that we use are Adjusted EBITDA, Adjusted Net Income, and Adjusted Net Income per diluted share. We believe that Adjusted EBITDA, Adjusted Net Income and Adjusted Net Income per diluted share are useful to investors in providing information regarding our operating results and our continuing operations. We rely on Adjusted EBITDA as a primary measure to review and assess the operating performance of our Company and our management team in connection with our executive compensation and bonus plans. Adjusted EBITDA also allows us to compare our current operating results with corresponding prior periods as well as to the operating results of other companies in our industry. We present Adjusted Net Income and Adjusted Net Income per diluted share because we believe both of these measures provide useful information regarding our operating results in addition to our GAAP measures. We believe that Adjusted Net Income and Adjusted Net Income per diluted share provide investors with valuable insight into our profitability exclusive of unusual adjustments, and provide further insight into the cash impact resulting from the different treatments of goodwill for financial reporting and tax purposes.

Adjusted EBITDA, Adjusted Net Income and Adjusted Net Income per diluted share have limitations as analytical tools, and you should not consider them in isolation or as a substitute for net income, earnings per share and other consolidated income statement data prepared in accordance with accounting principles generally accepted in the United States. Because of these limitations, Adjusted EBITDA, Adjusted Net Income, and Adjusted Net Income per diluted share should not be considered as a replacement for net income. We compensate for these limitations by relying primarily on our GAAP results and using Adjusted EBITDA, Adjusted Net Income, and Adjusted Net Income per diluted share as supplemental information.

Adjusted EBITDA is a non-GAAP financial measure that represents GAAP net income, excluding interest, taxes, depreciation and amortization, stock-based compensation, restructuring charges, other income – net, and acquisition-related costs. Acquisition-related costs consist of transaction costs, retention-related compensation costs, legal and professional fees, severance costs and other transition costs associated with our acquisitions.

Adjusted Net Income is a non-GAAP financial measure that represents GAAP net income, plus the following items: provision for income taxes, amortization of acquisition-related intangibles associated with our acquisition of the Claims Services Group from ADP in April 2006, stock-based compensation expense, restructuring charges, other income – net (not including interest income for periods ending after June 30, 2008), and acquisition-related costs. Acquisition-related costs consist of transaction costs, retention-related compensation costs, legal and professional fees, severance costs and other transition costs associated with our acquisitions. From this figure, we then subtract a provision for income taxes to arrive at Adjusted Net Income. For periods ended June 30, 2008 and prior, we use a 33% tax rate. For periods ending after June 30, 2008, we use a 28% tax rate. We use this 28% tax rate in order to approximate our long-term effective corporate tax rate, which includes certain benefits from net operating loss carryforwards, tax deductible goodwill and amortization, and a low tax-rate jurisdiction for certain corporate holding companies.

Adjusted Net Income per diluted share (or cash earnings per diluted share) is a non-GAAP financial measure that represents Adjusted Net Income (as defined above) divided by the number of diluted shares outstanding for the period.

Cautions about Forward-Looking Statements

This press release contains forward-looking statements, including statements about enhancements to our products and services resulting from our acquisition of HPI, HPI’s contributions to our consolidated financial performance for Fiscal Year 2009, possible expansion of HPI’s products and services into new markets and building stockholder value. 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 to transactions of this nature and our business, including, without limitation: the failure to realize the expected benefits from our acquisition of HPI; our inability to successfully integrate HPI’s business, including HPI’s existing employees, infrastructure and service offerings, with our existing business at reasonable cost, or at all; reliance on a limited number of customers for a substantial portion of HPI’s revenues; unpredictability and volatility relating to (i) foreign currency exchange risks associated with our consolidated financial reports that include HPI’s operating results and (ii) changes in the number of used car sales in the United Kingdom; HPI’s reliance on third-party information for its software and services; impacts on HPI’s business of any restructuring or severance charges in future periods; effects of system failures or security breaches on HPI’s business and reputation; and country-specific risks relating to expansion into new markets, including compliance with local country laws and regulations. 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 Year Quarter September 30, 2008. We are under no obligation to (and specifically disclaim any such obligation to) update or alter our forward-looking statements whether as a result of new information, future events or otherwise.