Copart Continues Southeast Expansion.

FAIRFIELD, Calif. -- Copart, Inc. (Nasdaq:CPRT), the largest provider of vehicle salvage disposition services in the United States, today formally announced the replacement of its temporary facility previously located in Newnan, Georgia with a greenfield facility located off Highway 20 in Loganville, Georgia, approximately 30 miles east of Atlanta. The new location, which is owned by Copart, is approximately 55 acres, an increase of approximately 40 acres over the facility it replaces.

"The Loganville location provides the space we need to accommodate the growth we have experienced in Atlanta and the surrounding areas," said Willis J. Johnson, Copart's Chief Executive Officer. "We continue to respond to our insurance customers' needs whether it's service, technology or, in this case, strategically located facilities."

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 auctions 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 113 facilities in the United States and Canada. It also provides services in other locations through its national network of independent salvage vehicle processors.