27.09.2007 02:14:00
|
Solera Holdings, Inc. Announces Investment in Audatex Japan Ltd.
SAN DIEGO, Sept. 26 /PRNewswire-FirstCall/ -- Solera Holdings, Inc. , a leading global provider of software and services for the automobile insurance claims processing industry, today announced that it has made an equity investment in Audatex Japan, Ltd., its Tokyo, Japan-based licensee. The companies intend to share database and application development technology that will position both organizations to deliver even greater value to their customers given the significant changes taking place in the global automotive market.
Significant changes, including the increasing number of manufacturers and the rapid growth of new vehicle makes and models in the global automotive market, are making the process of settling auto claims even more complicated. This is putting greater demand on information providers to deliver expanded database coverage and more comprehensive service offerings for insurance companies, automobile manufacturers and their trading partners. Japanese auto manufacturers are becoming increasingly critical players across the globe, and Toyota and Honda are now among the top five manufacturers in the world.
"This investment strengthens Solera's ties not only with Audatex Japan, but also with the leading Japanese auto manufacturers and insurance carriers," explained Tony Aquila, Solera's founder, chairman and CEO. "Solera will utilize our global market presence and databases and work closely with the Japanese automobile manufacturers to help them better understand the repairability, insurability and total cost of ownership of their vehicles. In addition, we will support our new Japanese insurance carrier partners by offering standardized data across multiple countries in which they do business."
"We are pleased with the commitment Solera has made to Audatex Japan," explained Masuharu Nakamura, director of Audatex Japan and retiring CEO. "With our understanding of the Japanese and broader Asian markets, along with Solera's application technology and trading platform, we can offer our customers a solution that delivers even greater value and is unparalleled in the industry."
Terms of the deal were not released. About Solera
Solera is a leading global provider of software and services to the automobile insurance claims processing industry. Solera has operations in 49 countries across five continents. The Solera companies include Audatex in the United States, Canada, and in more than 35 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/.
Contact: Investor Relations: Paul Gange, Solera Holdings Inc. 858-946-1751 paul.gange@audatex.com Press Contact: John P. Dudzinsky, Taylor Rafferty 212-889-4350 solera@taylor-rafferty.com
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Strategic Hotel Capital Inc.mehr Nachrichten
Keine Nachrichten verfügbar. |