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Solera Holdings, Inc. Announces John J. Giamatteo to Become Chief Operating Officer; Start Date April 12, 2010

 

SAN DIEGO, April 2 /PRNewswire-FirstCall/ -- Solera Holdings, Inc. (NYSE: SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has hired John J. Giamatteo to become its Chief Operating Officer, effective April 12, 2010.   Mr. Giamatteo, 43, has been Chief Operating Officer of RealNetworks, Inc., a leading international digital media company, since June 2008.  Mr. Giamatteo joined RealNetworks in June 2005, and he has also served as RealNetworks' President, Technology Products and Solutions and International Operations and Executive Vice President, Worldwide Business Products and Services and International Operations.  From 1988 to June 2005, Mr. Giamatteo was employed by Nortel Networks Corporation, a provider of communications solutions, where he held various management positions, most recently serving as President, Asia Pacific.  Mr. Giamatteo holds a B.S. in Accounting and an M.B.A. from St. John's University.

"I am excited to have John Giamatteo join Solera's corporate team.  John's past international and operational experience, as well as his cultural fit, make him a great choice for Solera's newly created COO role.  I am confident as John learns the "Solera way", that he will make significant contributions as we drive our mission forward -  focusing on accelerating operational improvements, strengthening our strategic planning process and helping the team with integrating key acquisitions," said Tony Aquila, Solera's Founder, Chairman and CEO.

"I am thrilled to join a company with such a solid track record, operational focus and potential for continued growth," John Giamatteo said.  "I look forward to contributing to Solera's continued success and helping Tony build on the solid foundation that he and the team have created."

About Solera

Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in over 50 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries, Informex in Belgium, Sidexa in France, ABZ in The Netherlands, HPI in the United Kingdom, AUTOonline in Germany and in more than 15 additional countries, Hollander serving the North American recycling market, and IMS providing medical review services. For more information, please refer to the company's website at http://www.solerainc.com.

SOURCE Solera Holdings, Inc.

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