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Operations•by Staff•July 12, 2006

ARI Introduces MV3 New Generation Vehicle Remarketing Pricing System

MT. LAUREL, NJ - Automotive Resources International (ARI) introduces MV3, a new system for accurately determining vehicle-remarketing values. Named the MV3 Vehicle Remarketing Pricing System, it gives ARI clients immediate access to up-to-the-minute data on market value pricing through ARI's ACCESS Web-based fleet management system, which maintains information on vehicles leased or managed by ARI and its partners worldwide.

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Operations•by Staff•July 6, 2006

Insurance Auto Auctions Acquires Independent Auto Salvage Pool Company

WESTCHESTER, IL – Insurance Auto Auctions, Inc., (IAA) has acquired Auto Disposal Systems Inc. (ADS). The deal includes seven locations in Ashland, Ky.; Buckhannon, W.V.; and in Cincinnati, Celeveland, Columbus, Dayton, and Lima, Ohio. The acquisition was funded through the amendment and expansion of the company's credit facility.

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Operations•by Staff•July 6, 2006

Mitsubishi Motors North America Signs Two-Year Agreement for Intelliprice Service

BOCA RATON, FL – Mitsubishi Motors North America has signed a two-year agreement with Intelliprice as the exclusive trade-in appraisal service on its corporate Web site.

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Operations•by Staff•July 6, 2006

Agrios Announces Automated Vehicle Imaging & Data Capture Unit for the Automotive and Insurance Industries

ATLANTA – Through Agrios, Inc.'s Automated Vehicle Imaging and Data Collection Unit, the company can automatically capture high-quality digital images of vehicles from almost any location.

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Operations•by Staff•July 6, 2006

Insurance Auto Auctions Expands into Montana with Acquisition of Gardner's Insurance Auction

WESTCHESTER, IL – Insurance Auto Auctions, Inc., (IAA) has purchased the assets of Gardner's Insurance Auction in Missoula, Mont. The location is IAA's first in Montana and will service total-loss claims throughout the state of Montana and will support IAA's current Idaho coverage.

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Operations•by Staff•July 6, 2006

Manheim's TRA Adds Three Locations in the Northeast

ATLANTA – Manheim's Total Resource Auctions has added three new TRA locations at Baltimore-Washington Auto Exchange (BWAE), Newburgh Auto Auction in Newburgh, N.Y., and Skyline Auto Auction in Fairfield, N.J.

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Operations•by Staff•July 6, 2006

OMNI Hotel Room Block Extended for IARA Summer Roundtable Conference

MT. ARLINGTON, NJ – The International Automotive Remarketers Alliance (IARA) has announced that Jane Morgan of ADESA will discuss the new arbitration policy recently approved by the National Auto Auction Association (NAAA) at IARA's upcoming 6th Annual Summer Roundtable series conference in San Diego July 26-28.

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Operations•by Staff•June 29, 2006

Manheim Rolls Out TRA Logistics

ATLANTA – Manheim's Total Resource Auctions (TRA) has formed TRA Logistics, a new department that will provide insurance companies and commercial consignors a one-call solution for their nationwide remarketing needs.

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Operations•by Staff•June 29, 2006

ADESA, Inc. Announces Appointment of New Transfer Agent, Implementation of Dividend Reinvestment Plan

CARMEL, IN – ADESA, Inc. has named Mellon Investor Services LLC, as its new transfer agent, effective June 26, 2006. In conjunction with this appointment, ADESA, Inc. will now offer a dividend reinvestment and direct stock purchase plan, which will be administered by Mellon.

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Operations•by Staff•June 29, 2006

ARI Expands Partnership with Carfax

MOUNT LAUREL, NJ – Automotive Resources International (ARI) and Carfax have expanded their partnership to include service and maintenance records in Carfax Vehicle History Reports. Anyone researching the history of an ARI-managed fleet vehicle will have access to service information through Carfax.

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