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First Advantage Corporation Announces Acquisition of MVRS, Inc.

ST. PETERSBURG, Fla., Feb. 3, 2004 -- First Advantage Corporation , a global risk management solutions provider, today announced the acquisition of motor vehicle records vendor MVRS, Inc. of Baton Rouge, La. The addition of MVRS increases the market share and resource depth of First Advantage's Motor Vehicle Records division. It also complements First Advantage's significant footprint in employment background checking and substance abuse program management in this region.

Founded in 1976, MVRS provides motor vehicle record information to insurance underwriters, automobile insurance agents, employers and employment screening companies. MVRS obtains the data via electronic access with state agencies across the nation -- automation that enables them to quickly deliver client requested information. With strong market share in Louisiana and Texas, MVRS is a leading regional provider and a significant national competitor in the motor vehicle records industry.

"The addition of MVRS enhances First Advantage's existing motor vehicle record operation, providing both system redundancy and greater geographic penetration in the South," said Akshaya Mehta, chief operating officer and executive vice president of First Advantage Corporation. "Additionally, the synergies between our operations will allow us to swiftly integrate to take advantage of increased scale, unified technology and a consolidated client base. I am pleased to welcome MVRS and its customers to First Advantage."

Patrick Ryan and Lamar Stevens, the owners of MVRS since 1991, are expected to remain with First Advantage with sales and client management responsibilities in the region.

First Advantage's Motor Vehicle Record Services division provides insurance agents, carriers, employers and employment screening companies nationwide with millions of current motor vehicle record reports annually. Its ZapApp(R) software facilitates the transfer of data with these users by speeding the exchange, improving data quality and preventing fraud.

About First Advantage Corporation

First Advantage Corporation provides best-in-class single- source solutions for global risk mitigation and enterprise and consumer screening needs. Incorporating state-of-the-art technology, proprietary systems and data resources, First Advantage is a leading provider of employment background screening, drug-free workplace programs, physical exams and other occupational health testing, resident screening, motor vehicle records, insurance fraud investigations and consumer location services. First Advantage ranks among the top three companies in nearly all of its business lines. First Advantage is headquartered in St. Petersburg, Fla., and has more than 1,400 employees in offices throughout the United States and in Bangalore, India. Further information about the company is available at www.FADV.com.

First Advantage is a majority owned subsidiary of The First American Corporation , a Fortune 500 company that traces its history to 1889. First American is the nation's leading diversified provider of business information, supplying businesses and consumers with information resources in connection with the major economic events of people's lives. Additional information about the First American Family of Companies can be found at www.firstam.com.

Certain statements in this press release, including those relating to integration, are forward looking. Risks and uncertainties exist that may cause results to differ materially from those set forth in these forward- looking statements. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include: general volatility of the capital markets and the market price of the company's Class A common stock; the company's ability to successfully raise capital; the company's ability to identify and complete acquisitions and successfully integrate businesses it acquires; changes in applicable government regulations; the degree and nature of the company's competition; increases in the company's expenses; continued consolidation among the company's competitors and customers; unanticipated technological changes and requirements; and the company's ability to identify suppliers of quality and cost-effective data. The forward-looking statements speak only as of the date they are made. The company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

For further information, please contact John Lamson, Chief Financial Officer and Executive Vice President, ext. 214, jlamson@fadv.com, or Renee Svec, Director - Corporate Communications, ext. 212, rsvec@fadv.com, both of First Advantage Corporation, +1-727-214-3411.