Copart Continues Expansion.

FAIRFIELD, Calif. -- Copart, Inc. (NASDAQ:CPRT), the largest provider of vehicle salvage disposition services in the United States, today announced the opening of its forth salvage facility in the state of Washington and its ninth in its Pacific Northwest region. Located in Spokane, Washington, this 33-acre greenfield facility was purchased by Copart. It will add needed capacity in the eastern part of the state, which is currently serviced by yards in Pasco, Washington and Helena, Montana.

"The Spokane location was opened to accommodate the growth we are experiencing in the eastern Washington and the upper Idaho areas and to better serve our insurance customers by strategically locating facilities to reduce their towing and storage costs," said Willis J. Johnson, Copart's Chief Executive Officer.

Copart, founded in 1982, provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles, principally to licensed dismantlers, rebuilders and used vehicle dealers, through Internet 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 114 facilities in the United States and Canada. It also provides services in other locations through its national network of independent salvage vehicle processors.