Car-Part.com, CCC Information Services Inc. Form Strategic Relationship To Make Recycled-Parts Data More Accessible to Speed Repair Estimates.Business Editors/Automotive Writers FORT WRIGHT, Ky. & CHICAGO--(BUSINESS WIRE)--Sept. 5, 2002 Car-Part.com and 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. (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 ) announce a strategic relationship that will make data on millions of recycled automobile parts instantly available to appraisers in collision repair facilities, insurance companies and independent appraisal firms as they write their repair estimates. Under the agreement, Car-Part.com - the first company to help auto recyclers sell parts on the Internet via searchable inventory - will provide recycled parts data to CCC, a leading supplier of information and technology solutions to the automotive claims and collision repair industries. CCC's Pathways(R) collision estimating product will deliver the data - including condition, location, availability, brand and price of the recycled product - to end users through its integrated Recycled Parts Services (RPS rps abbr. revolutions per second ) feature. With the valuable parts inventory Noun 1. parts inventory - an inventory of replacement parts inventory, stock list - a detailed list of all the items in stock information at their fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. , collision repair facilities, insurance adjusters and independent appraisers can incorporate accurate repair parts information into their estimates faster and easier. "Recycled parts information is of critical importance to our customers," said J. Laurence Costin, vice chairman of CCC Information Services Inc. "By working with Car-Part.com, CCC can offer the industry immediate electronic accessibility to a larger base of recycled parts information, thereby providing one more way to accelerate the process of getting repairable vehicles back on the road." The affiliation with CCC will enable Car-Part.com to broaden the visibility of the millions of parts maintained by its 1,300 auto recycler subscribers to the automotive claims market. "The integration of Car-Part.com's database with CCC's widely used Pathways(R) collision estimating system brings us one step further in our goal of making it easier for the industry to use recycled parts," said Jeffrey L. Schroder, president, Car-Part.com. "This added visibility will enable our recycler clients across the country to turn their inventories faster than ever before." About Car-Part.com Car-Part.com was the first company to offer auto recycler inventory services on the Web. On-line since May 9, 1998, Car-Part.com is a leading provider of Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. for recyclers. Car-Part.com's turnkey solution provides inventory searching, Web hosting, design, promotion and email services to recyclers. Additionally, its Trading Partner service gives recyclers custom parts locating with "hot-key" access from their Inventory Management System. Car-Part.com currently serves 43 million parts from 1300 recyclers. The services generate 600,000 hits and 55,000 part searches per day and successfully sell recyclers' parts. For more information about Car-Part.com, visit our Web site at www.Car-Part.com; or contact Roger Schroder at 859-344-1925. About CCC CCC Information Services Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CCC Information Services Group (NASDAQ: CCCG), headquartered in Chicago, IL, is a leading supplier of advanced software, communications systems, Internet and wireless-enabled technology solutions to the automotive claims and collision repair industries. Its technology-based products and services optimize efficiency throughout the entire claims management supply chain and facilitate communication amongst nearly 15,000 collision repair facilities, 350 insurance companies, and a range of industry participants. For more information about CCC Information Services Inc., visit our Web site at www.cccis.com; or contact Susan Jablonski at 312-229-2830, or Lisa Wahrmund of Ketchum CTC CTC - Cornell Theory Center at 312-228-6821. |
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