eAutoclaims.com(TM) Announces $18 Million Contract With Inspire Claims Management, Inc.
21 November 2000
eAutoclaims.com(TM) Announces $18 Million Contract With Inspire Claims Management, Inc.
PALM HARBOR, Fla., Nov. 21 eAutoclaims.com(TM)
(OTC Bulletin Board: EACC) has been awarded a long-term contract with Inspire
Claims Management Inc. (Inspire) of Sacramento, CA. The company will provide
their cost saving "Bricks to Clicks"(TM) Internet Claims System as an online
claims management system. As a result, eAutoclaims expects to perform services
totaling in excess of $18 Million dollars over the next 12 months through its
Preferred Provider Network of body shops.
Inspire has been testing the application over the last 90 days and has
determined the "Bricks to Clicks"(TM) Internet Claims System will provide the
company with meaningful savings. "We are very delighted with the results of
the pilot program we conducted using the eAutoclaims.com system," commented
Bernard Pepe Jr., director of material damage for Inspire Claims Management,
Inc.
"We are very excited to be working with the people at Inspire Claims
Management," Eric Seidel, president and CEO commented. "Inspire has a
reputation for providing outstanding service in the industry and we look
forward to continuing to work with them." The company will be using the
eAutoclaims.com(TM) "Bricks to Clicks"(TM) Internet claims system for Inspire
offices in California, Oregon, Arizona, Nevada and Texas.
About eAutoclaims.com:
eAutoclaims.com(TM) is a pioneering business-to-business Internet
infrastructure company that utilizes the Internet to streamline and lower the
overall cost of automotive repairs paid by insurance companies and on
corporately own fleet vehicles. The company is creating a new online digital
automotive maintenance organization industry within the $123 billion market of
the auto collision claim industry. eAutoclaims.com(TM) is establishing itself
as the pre-eminent Application Service Provider for the automobile insurance
industry, providing seamless back-end infrastructures that link thousands of
collision repair shops and/or glass repair facilities into a network. The
company offers a cost effective and highly advanced "Bricks to Clicks"(TM)
Claims System for the processing and ultimate repair of damaged vehicles filed
as insured auto claims and by self-insured fleets. eAutoclaims.com(TM) Inc.
generates revenue from administrative fees and discounts earned by processing
collision & glass work through its system.
Forward-looking statements involve known and unknown risks and
uncertainties. These and other important factors, including those mentioned in
various filings with the Securities and Exchange Commission, made periodically
by the Company (available to the public at http://www.sec.gov), may cause the actual
results and performance to differ materially from the future results expressed
in or implied by such forward-looking statements. The forward-looking
statements contained in this press release speak only as of the date hereof
and the Company disclaims any obligation to provide public updates, revisions
or amendments to any forward-looking statements made herein to reflect changes
in the Company's expectations or future events.
CONTACT: investor-relations@eautoclaims.com; or Tony Altavilla,
senior vice president of Liviakis Financial Communications, Inc.,
415-389-4670, or fax, 415-389-4694, or moreinfo@lfcnet.com, for
eAutoclaims.com, Inc.