CCC Information Services Inc. Hosts 12th Annual Industry Conference.Business/High-Tech Editors CHICAGO--(BUSINESS WIRE)--Oct. 23, 2000 Marketplace Trends and World Renowned Speakers Set The Stage For A World-Class Event CCC CCC A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa. Information Services See Information Systems. Inc, a wholly-owned subsidiary of CCC Information Services Group Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CCCG CCCG Canadian Conference on Computational Geometry CCCG Climate Change Co-ordinating Group ), hosted its 12th annual Industry Conference, September 20-23 in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " , featuring world-renowned speakers and industry leaders from across the country. Senator John Glenn kicked off the event with a visionary speech and distinguished national pride that integrated with the conference theme of VISION. "CCC's industry conference is an opportunity for our customers to hear from some of the country's visionaries and marketplace trendsetters," said Githesh Ramamurthy, Chairman and Chief Executive Officer of CCC Information Services Inc. "The tradition of this conference has evolved into a world-class event for customers. As a leader in the claims solutions business, we are delighted to provide programming that helps participants grow by highlighting cutting-edge solutions and technology that will benefit the end user." CCC hosted over 300 executives from the Property and Casualty Insurance and Collision Repair industries, representing approximately 85% of the top 50 companies. Also in attendance were international industry representatives from France, Spain, and the UK. Some of the world-class speakers included: Patricia B. Seybold, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Patricia Seybold Group; Frederick Reichheld, Director, Bain & Company; Bruce W. Marlow, President, Chief Executive Officer, and Vice Chairman of 21st Century Insurance; Pradip Patiath, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , DriveLogic, Inc.; Chan W. Galbato, Chief Executive Officer, ChoiceParts, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control .; and Richard Teerlink, retired Chief Financial Officer, President, Chief Executive Officer, and Chairman of the Board of Harley-Davidson. "It was great," commented Herb Lieberman of Lakenor LKQ LKQ Like Kind and Quality Auto and Truck Salvage Inc. "The speakers' insights provided information that I believe may be put to use to better prepare and serve our customers in the insurance and repair industries," Lieberman added. One significant addition to the conference this year was the presence of DriveLogic, CCC's new e-commerce company. For the first time in a public forum, DriveLogic demonstrated its proposed products at the Technology Showcase. Highlighting its goal of Efficient Accident ManagementSM, DriveLogic demonstrated its Resource Management solution, which consists of live, automatic scheduling over wireless devices. Additionally, DriveLogic demonstrated its Repair Portal, which has on-line status reporting capabilities and marketing tools for repair facilities. The DriveLogic technology demonstrations were a significant focal point focal point n. See focus. , drawing attention from a large number of industry executives. "Each year, CCC's conference is power packed with world-class speakers, but this year's was definitely one of the best," commented Mary Jo Prigge, President of CCC-US. "Speakers discussed topics including wireless-enabled technology solutions, loyalty-based management issues, and industry trends focusing on the Internet --all of which effect our customers in this technology-driven industry." Prigge added. CCC Information Services Inc., headquartered in Chicago, IL, is the leading supplier of advanced software and communications systems to the automotive claims industry, including information and network services for a wide variety of claims management solutions. Its value-added, technology-based products and services increase efficiency and facilitate communication among more than 13,500 collision repair facilities, 350 insurance companies, and a range of business partners. For more information about CCC Information Services, visit our Web site at www.cccis.com, contact Jeanene O'Brien at CCC Information Services Inc., 312-229-3083 or, contact Rich Ringer at HLB HLB Hong Leong Bank HLB Hydrophilic-Lipophilic Balance HLB Horton Lees Brogden Lighting Design (company with studios in New York, San Francisco, Los Angeles, and Boston) HLB Hotels Licensing Board (Singapore) Communications, 312-649-0371. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of those sections and the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The planned creation of a business exchange and related applications contains inherent risk and uncertainty, and there is no assurance of viability for reasons that could include, among others, adverse changes in general economic conditions, lack of acceptance of new products, pricing pressures, and lack of success of technological advances. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in the company's filings with the SEC, and that actual results or developments may differ materially from those in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief, or expectation only as of the date hereof. The company has based these forward-looking statements on information currently available and disclaims any intention or obligation to update or revise any forward-looking statement. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : Some of the speaker presentations from CCC's Industry Conference are available to view on CCC's Web site at: www.cccis.com. |
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