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Company Profile for Copart, Inc.


Copart Co`part

v. t. 1. To share.
For, of all miserias, I hold that chief
Wretched to be, when none coparts our grief.
- Webster (1661).
, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage salvage, in maritime law, the compensation that the owner must pay for having his vessel or cargo saved from peril, such as shipwreck, fire, or capture by an enemy. Salvage is awarded only when the party making the rescue was under no legal obligation to do so.  vehicles, principally to licensed dismantlers, rebuilders and used vehicle dealers, through Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 sales utilizing its proprietary VB2 technology. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. The Company operates over 115 facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of . It also provides services in other locations through its national network of independent salvage vehicle processors.
Company:                 Copart, Inc.

   Headquarters Address:    4665 Business Center Dr.
                            Fairfield, CA 94534

   Main Telephone:          (707) 639-5000

   Ticker:                  (NASDAQ:CPRT)

   Type of Organization:    Public

   Industry:                Automotive

   Key Executives:          CEO: Willis Johnson
                            President: Jay Adair
                            CFO: Will Franklin

   Investor Relations
     Contact:               Simon Rote
     Phone:                 (707) 639-5000
     Email:                 simon.rote@copart.com

COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 5, 2005
Words:149
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