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Expansion Continues for Insurance Auto Auctions Marking Its 10th Location in Florida

March 1, 2011

For Immediate Release
Jeanene O’Brien
Vice President, Marketing
708-492-7328
www.iaai.com

Expansion Continues for Insurance Auto Auctions Marking Its 10th Location in Florida
IAA’s Fort Pierce, Florida, Branch Location Offers Convenient Location and Large Capacity

Westchester, Ill. — Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto auction company and wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced the opening of its Fort Pierce, Florida, branch location. This marks the company’s 10th location in Florida and adds to more than 155 locations in North America.

“Our strategy of growth and expansion reflects our commitment to our customers who want locations in areas that are convenient and help them reduce towing costs,” said Tom O’Brien, CEO of Insurance Auto Auctions, Inc. “While we are strategically located throughout the U.S., our recent focus has been on the southeast in part due to the volume and capacity needs in the region. The Fort Pierce facility is conveniently located between Orlando and West Palm Beach and offers large capacity. We will continue to seek out locations throughout North America that are advantageous to both our buyer and provider customers.”

IAA’s mature global buyer base, which consists of automotive body shops, rebuilders, used car dealers, automotive wholesalers, exporters, dismantlers, recyclers, brokers and, where allowed, non-licensed (public) buyers, now have even more choices when it comes to the number of salvage vehicles to bid on and buy.

IAA’s Fort Pierce branch is located at 400 North Rock Road. IAA auction preview dates and times vary for each facility. For more information, call the branch at 772-489-7851, or go to IAA’s Branch Information page at www.iaai.com.

About Insurance Auto Auctions, Inc.
Insurance Auto Auctions, Inc. (IAAI) a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), provides the advantage in salvage auto auctions with its Dual Platform Auction Model combining live and live-online auctions, North America’s broadest salvage auction facility footprint, a strong global buyer base and high vehicle returns. IAA’s more than 155 facilities across the United States and Canada provide vehicle suppliers and buyers with powerful solutions to process and acquire total-loss, recovered-theft, fleet lease, donation and rental vehicles. The IAA Dual Platform Auction Model, including live, live-online, and proxy bidding, united with its mature global buyer base and diverse inventory, produce some of the industry’s highest returns for vehicle providers. IAA also facilitates the national One Car One Difference™ vehicle donation program www.1car1difference.com. With nearly 30 years in the industry, IAA holds a comprehensive warehouse of salvage auction data. For more information regarding IAA visit our website at www.iaai.com.