Solera Holdings, Inc. Acquires Market Scan Holding B.V.; Acquisition Further Enhances Its Product and Service Offering to the Dutch Market and Adds Data Analytics Capabilities

SAN DIEGO, April 7 /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 acquired 100% of the outstanding shares of Market Scan Holding B.V. ("Market Scan").  Market Scan is a leading data analytics and software company serving the Dutch insurance industry.  

"This acquisition represents an additional step towards unlocking the value of Solera's global claims databases which contain over 2 billion data points representing over 100 million repair claims and processing of over $200 billion in claims payments.  Market Scan's core competency in data analytics, combined with its strong management team, will be a valuable contributor to the expansion of our product bundle in the Netherlands and other Solera markets," said Tony Aquila, Solera's Founder, Chairman and Chief Executive Officer.

"We are very excited about the acquisition and the opportunity to add our data analytics capabilities to Solera's value proposition to insurance customers in the Netherlands and to extend the offering to other Solera markets," said Robert van der Plas, Market Scan's Managing Director.

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 and Market Scan 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. For more information, please refer to the company's website at http://www.solerainc.com.

Cautions about Forward-Looking Statements:

This press release contains forward-looking statements, including statements about enhancements to the value of our products and services and geographic expansion of Market Scan's business. 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 Market Scan; our inability to successfully integrate Market Scan's business, including Market Scan's existing employees, customers, infrastructure and service offerings, with our existing business at reasonable cost, or at all; risks associated with geographic expansion and operating in multiple countries; unpredictability and volatility relating to foreign currency exchange risks associated with our consolidated financial reports that include Market Scan's operating results; and impacts on Market Scan's business of any restructuring or severance charges in future periods. 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 Quarter Ended December 31, 2009. Solera is under no obligation to (and specifically disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE Solera Holdings, Inc.