CCC Teams Up with Duncan Systems and Urban Publications to Expand Collision Estimating Services; Footprint to Include Recreation
May 12 2005 - 9:00AM
Business Wire
CCC Information Services Inc. ("CCC") is increasing its collision
estimating industry footprint by entering into agreements with
information providers in the recreational vehicle (RV) and
motorcycle industries. Through agreements with Duncan Systems - the
leading RV estimating data provider -- and Urban Publications - the
top motorcycle, ATV and scooter estimating provider-- CCC has
become a reseller of these companies' respective estimating
products and will also begin development on integrating these
product offerings with CCC's other estimating solutions. CCC, a
subsidiary of CCC Information Services Group Inc. (Nasdaq:CCCG), is
a leading supplier of information technology software and services
to the auto-claims and collision-repair industries. "Collaborating
with industry leaders like Duncan Systems and Urban Publications is
consistent with CCC's strategy of providing our customers with the
tools necessary to succeed within the collision-repair industry,"
said Scott Stein, director of Strategic Alliances for CCC. " The
move into specialty estimating is a natural progression for CCC,
considering the demand in the marketplace." Recent data reveals
that the demand for specialty estimating solutions is on the rise.
Motorcycle and ATV sales recently recorded a 12th consecutive year
of sales increases, with more than 1 million two-wheeled vehicles
sold in the last year alone. The RV marketplace also continues to
enjoy strong sales. This strength is illustrated by a 15.4 percent
increase over 2003 sales numbers, pushing the number of RVs
currently on the road to approximately 7.2 million units. Urban
Publications, Inc., assembles original equipment manufacturer data
(such as part prices, labor times and graphics) representing an
estimated 95 percent of the industry. These manufacturers include
Honda, Yamaha, Kawasaki, Suzuki, Buell and Harley-Davidson. "We are
pleased to provide CCC with our solution that meets the needs of
today's marketplace," said Urban Publications' President Barney
Prignano. Duncan Systems has been working within the RV industry
since 1967, building upon its comprehensive RV estimating database.
"Our claims consultants are licensed adjusters, having more than
200 combined years of experience in the RV industry," said Duncan
Chairman and CEO Ron Duncan. "It seemed to be a natural fit to link
our industry expertise with that of CCC, a knowledgeable force in
the automotive claims and collision-repair industries for 25 years.
" About CCC Now celebrating its 25th year, CCC Information Services
Inc., headquartered in Chicago, 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 among approximately 21,000
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 Michelle Hellyar of CCC at 312-229-2830 or John Harris of
CCC at 312-229-2693.
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