Press Release

Insurance Auto Auctions Announces Grand Opening of a New Rochester Area Location

Published April 19, 2016 - Written by IAA, Inc


WESTCHESTER, Ill., April 19, 2016 — Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), and the leading live and live-online salvage auto auction company, held a grand opening April 19 celebrating its newest branch in Bergen, New York. By demonstrating persistent growth in a developing area for IAA buyers and sellers, the opening continues to showcase IAA’s strong dedication to its customers.

“The new location will increase the company’s attendance in upstate New York by offering buyers and sellers the chance to obtain more inventory with greater convenience,” said John Kett, CEO and president, Insurance Auto Auctions, Inc. “In addition to ensuring better service for existing and future customers, purposefully expanding our presence in the region will expand the company’s growing footprint in the industry, with more than 170 locations in North America.”

The facility currently sits on ten acres with an additional ten acres available for expansion, giving IAA flexibility in delivering quality service to a higher volume of customers. The grand opening live and live-online auction will be held on Tuesday, April 19, 2016, where approximately 150 vehicles are expected to be sold.

“We’re happy to have the support of the local businesses and civic organizations in the town of Bergen and Genesee County,” said Jeanene O’Brien, vice president of global marketing, IAA, who attended the grand opening. “Our branch is looking forward to working closely with the community leaders and local businesses and contributing to the town’s economic growth.”

The branch is located at 7149 Apple Tree Avenue Bergen, NY 14416. Auctions will occur every Tuesday at 9:30 A.M. EST. For more information, call 585-494-2185 or go to IAA’s branch Information page at www.iaai.com. For a list of IAA’s 190+ locations in North America, visit our branch locations page.

Media Inquiries:

Jeanene O’Brien SVP, Global Marketing and Communications

(708) 492-7328

jobrien@iaai.com

Analyst Inquiries:

Caitlin Churchill

ICR

(203) 682-8200

investors@iaai.com

About IAA, Inc.

IAA, Inc. (NYSE: IAA) is a leading global marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique multi-channel platform processes more than 2.5 million vehicles annually. Headquartered near Chicago, IL, IAA has over 3,600 talented employees and over 190 facilities throughout the US, Canada and the United Kingdom. IAA provides a broad range of services to insurers, fleet and rental companies, rebuilders, charity organizations and financing companies that dramatically reduce the cycle time of selling a vehicle with a focus on delivering the highest economic returns. Buyers have access to the industry’s most-innovative vehicle evaluation and digital bidding tools, enhancing the overall purchasing experience.


Uncertainties Affecting Forward-Looking Statements

Certain statements contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and which are subject to certain risks, trends and uncertainties. In particular, statements made that are not historical facts may be forward-looking statements. Words such as “should,” “may,” “will,” “anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions identify forward-looking statements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Such forward-looking statements include the statements regarding IAA’s future financial and operating performance, benefits and synergies of the separation, strategic and competitive advantages, future opportunities and any other statements regarding events or developments that IAA believes or anticipates will or may occur in the future. We disclaim any obligation or undertaking to update any forward-looking statements. For further discussion of such risks and uncertainties, see “Information Statement Summary,” “Risk Factors” and “Cautionary Statement Concerning Forward-Looking Statements” in the information statement filed as an exhibit to IAA’s Registration Statement on Form 10, as amended.

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