Caliber Collision Centers Makes Inc. 500 List For The Third Year In A Row

IRVINE, Calif.--Oct. 1, 2003--

Caliber Selected for Inc. Magazine's Annual List of the Top 500 Fastest-Growing Private Companies in America

Caliber Collision Centers, an Irvine, Calif.-based operator of high-quality collision repair facilities in California and Texas, announced that it has ranked 320th in Inc. Magazine's list of the Top 500 Fastest-Growing Private Companies in America, making this the third year in a row that the company has made the list.

Since its first acquisitions in January 1997, Caliber Collision Centers has become the largest collision repair provider in California and Texas, and the largest independently operated collision repair organization in the United States. Caliber specializes in providing high-quality, cost-effective automobile physical damage claims solutions while offering unique customer-focused value propositions that include a no-hassle national lifetime guarantee, 24/7/365 customer service capabilities, including towing and rental car assistance.

According to Caliber's Chairman and CEO, Matthew Ohrnstein, Caliber's dedication to delivering exceptional customer service, high-quality vehicle repair, utilizing company-wide standard operating procedures and a having a disciplined approach to acquiring new locations has led to such remarkable growth. "We're thrilled to have made the influential Inc. 500 list for the third year in a row," stated Ohrnstein. "We believe that by continuing to focus on 100% customer satisfaction, commitment to employee training and development, continued investments in advanced facilities, equipment, and technology, Caliber will continue to grow and thrive in the years to come."

To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2002, have had at least $200,000 in sales in the base year of 1998, and their 2002 sales had to exceed 2001 sales.

Founded in 1991, with headquarters in Irvine, Caliber Collision Centers operates high-quality collision repair facilities in California and Texas. Caliber currently owns and operates 68 facilities and today has annual revenues exceeding $200 million. In addition, Caliber plans to continue acquiring, developing and integrating high-volume collision repair centers while providing innovative collision repair solutions and automobile physical damage claims support.