Cooperative Computing, Inc. Announces Tenders and Consents for Senior Subordinated Notes Received

AUSTIN, Texas, June 12 -- Cooperative Computing, Inc. (CCITRIAD) announced today that as of 1:30 p.m., New York City time, it has received tenders and consents in excess of a majority of its 9% Senior Subordinated Notes due 2008. The consent period for which holders of notes may tender 9% Senior Subordinated Notes and consent to the proposed indenture amendments is scheduled to expire at 5:00 p.m., New York City time, today (June 12, 2003). Holders who tender notes and consents prior to such time shall be entitled to consent payments with respect to the notes. The tender offer is scheduled to expire on June 26, 2003.

In the event that the other conditions to the tender offer and consent solicitation are met or waived, CCITRIAD expects to execute a supplemental indenture effecting amendments to the indenture governing the 9% senior subordinated notes in accordance with the terms of the tender offer and consent solicitation.

CCITRIAD is an industry leader in enterprise systems and information services for the automotive aftermarket, and hardlines and lumber industries. Headquartered in Austin, TX, the company has operations in Livermore, CA, Denver, CO, Canada, France, Ireland and the UK.

The statements contained in this document which are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements as to industry trends, future economic performance, availability of financing, products or service line growth, and customer relations information. Investors are cautioned that forward-looking statements are inherently uncertain and subject to risks. Actual results may differ materially from the future results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include but are not limited to those risks and uncertainties identified in Cooperative Computing, Inc.'s most recent Annual Report on Form 10-K, which has been filed with the United States Securities and Exchange Commission. Cooperative Computing, Inc. assumes no duty to update information contained in this document at any time.