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Insurance Auto Auctions Launches Mobile CSAToday
Published: May 18, 2010

Provides freedom of mobility and power to access information via any Web-capable phone

WESTCHESTER, Ill., May 18, 2010 — Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company and a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced the launch of Mobile CSAToday®, a tailored Web site that offers access to key tools and features via any Web-capable phone.

Insurance Auto Auctions Hosts Big Bad Bike Sales at 14 US Locations
Published: May 6, 2010

WESTCHESTER, Ill., May 06, 2010 — Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company and a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced 14 locations that will host the 2010 IAA Big Bad Bike Sales throughout the U.S. The national campaign is geared toward motorcycle buyers and enthusiasts looking for large volume and variety of bikes from leading manufacturers.

Insurance Auto Auctions Opens Two Facilities in Louisiana
Published: May 6, 2010

WESTCHESTER, Ill., May 06, 2010 — Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company and a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced the opening of two facilities in Louisiana including Lafayette and New Orleans (Covington, LA.). These two facilities complement IAA’s Baton Rouge branch and create broader coverage throughout Louisiana.

KAR Auction Services, Inc. Reports First Quarter 2010 Results
Published: May 5, 2010

Carmel, IN,  May 5, 2010 KAR Auction Services, Inc. (NYSE: KAR), today reported financial results for the period ended March 31, 2010.  For the first quarter of 2010, the company reported revenue of $458.4 million as compared with first quarter 2009 revenue of $442.5 million, an increase of 4%.  Adjusted EBITDA for the first quarter of 2010 was $120.1 million as compared with first quarter 2009 Adjusted EBITDA of $97.1 million, an increase of 24%.  Net income for the first quarter of 2010 was $8.1 million, or $0.06 per share, as compared with a net loss of $3.5 million, or $0.03 per share, in the first quarter of 2009.   As shown in the attached reconciliation table, adjusted net income per share for the first quarter of 2010 was $0.29 versus adjusted net income per share of $0.09 for the first quarter of 2009.  

Insurance Auto Auctions Opens New Facility in Anchorage Alaska
Published: April 21, 2010

WESTCHESTER, Ill., April 21, 2010 — Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company and a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), announced their new facility in Anchorage, Alaska. This marks the 14th branch location in IAA’s northwest region and adds to the more than 150 locations throughout North America. IAA’s strategic growth further strengthens its leading facility footprint and enhances its current long-term regional and national vehicle provider relationships.