Solera Realigns HEMI as a Result of the Explore Acquisition

DALLAS, July 14, 2011 /PRNewswire/ -- Solera Holdings, Inc. (NYSE: SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced that, as part of the integration of recently acquired Explore Information Services LLC, it will realign its HEMI (Highly Established Markets Initiative) Region. "Explore expands our product and service offerings in the Region and, together with our new HEMI platform, it will enhance our ability to create more high ROI and essential software solutions for our customers," said Tony Aquila founder, chairman and CEO of Solera.

"Over the last year, we have invested heavily on the HEMI platform to deliver next generation benefits to our customers. As we move from the development to the implementation stage, we have selected a proven Solera leader to execute this important mission. Wolfgang Ahrens, our current SVP and Chief Delivery Officer for the HEMI Region, will be promoted to Managing Director for Audatex U.S.  Prior to his HEMI Region assignments, Wolfgang was the Managing Director of Germany from 2005 to 2008. This expansion of his mission to build the new HEMI platform will put our technical and commercial efforts together to accelerate the development and commercialization of innovative products and services to more uniquely serve the needs of our U.S. customers," said Aquila.

About Solera Holdings, Inc.

Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in close to 60 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries, Informex in Belgium and Greece, Sidexa in France, ABZ and Market Scan in The Netherlands, HPI in the United Kingdom, AUTOOnline providing salvage disposition in a number of European and Latin American countries, Hollander serving the North American recycling market, Explore providing data to U.S. P&C insurers used in the re-underwriting of their insured drivers, and IMS providing medical review services. For more information, please refer to the company's website at http://www.solerainc.com.

Cautions about Forward-Looking Statements

This press release contains forward-looking statements, including statements about: the expected value and benefits of Explore's products and services and the HEMI platform, including customer benefits; the development and commercialization of new products and services; and statements about our historical results or performance that may suggest trends for our business. These statements are based on our current expectations, estimates and assumptions and are subject to many risks, uncertainties and unknown future events that could cause actual results to differ materially. Actual results may differ materially from those set forth in this press release due to the risks and uncertainties inherent in our business, including, without limitation: our dependence on a limited number of key personnel, including newly appointed personnel who will manage the HEMI Region; risks associated with the uncertainty in and volatility of global economic conditions; unpredictability and volatility of our operating results, which include the volatility associated with foreign currency exchange risks, our sales cycle, seasonality and other factors; our reliance on a limited number of customers for a substantial portion of our revenues; effects of competition on our software and service pricing and our business; time and expenses associated with customers switching from competitive software and services to our software and services; and rapid technology changes in our industry. For a discussion of these and other factors that could impact our operations or financial results and cause our results to differ materially from those in the forward-looking statements, please refer to our filings with the Securities and Exchange Commission, particularly our Quarterly Report on Form 10-Q for the Quarter Ended March 31, 2011. Solera is under no obligation to (and specifically disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE Solera Holdings, Inc.