WESTCHESTER, IL – Insurance Auto Auctions, Inc. (IAA) has been named as a finalist for the 21st Century Achievement Award from the Computerworld Honors Program for its use of information technology in the finance, insurance, and real estate category. Michael D. Capellas, chief executive officer at MCI and member of the Chairmen’s Committee, nominated IAA in recognition of its contributions to global information technology and its positive impact on society. The award honorees will be announced at a gala at the National Building Museum in Washington, D.C. on June 6.

Insurance Auto Auctions was one of 162 laureates selected by the program’s Chairmen’s Committee study from more than 250 nominations to submit a case study that officially became part of the Computerworld Honors Collection this past April when the 2005 Collection was formally presented to the Global Archives. Of these 162 laureates, IAA is one of 48 finalists, in 10 categories, chosen by an academy of 30 judges to attend the June 6 event.

The award recognizes IAA’s deployment of an integrated wireless data and audio network throughout the company’s salvage centers. That same network made it possible for IAA to introduce I-bid LIVE, the company’s live auction Internet bidding platform.

The 2005 Collection, which will be archived in libraries, museums, and academic and research institutions around the world, will serve as primary source material for scholars and as a resource for individuals who hope to use information technology to create solutions to address their own challenges. The collection is comprised of case studies from 54 countries.