Audatex North America, Inc. Announces Acquisition of See Progress, Inc.

07 Sep 2011

Acquisition Adds Market-Leading Vehicle Repair Status Application to Audatex Product Suite

San Diego, CA (September 7, 2011) - Audatex North America, Inc., a leading provider of software and services to the automobile insurance claims processing and collision repair industry, today announced that it has purchased See Progress, Inc., a Michigan-based provider of AutoWatch™, a proven solution for vehicle repair status.

With the acquisition of See Progress, Audatex has enhanced its product suite by adding a market-leading vehicle repair status application that provides a compelling value proposition for both collision repair shops and insurers.

AutoWatch leverages a unique and patented workflow that provides collision repair shops the ability to show customers the progress of vehicle repairs via their website, by email or through a text message. By offering this service, collision repair shops can realize a substantial decrease in vehicle repair-related customer inquiries, resulting in lower administrative costs. Insurers benefit as well, as AutoWatch also enables appraisers to complete supplement approvals via a shop’s website, eliminating delays and improving vehicle repair cycle time. The combination of enhanced communication and reduced cycle time ultimately leads to higher customer satisfaction and loyalty—key success factors for insurers and collision repair shops.

With AutoWatch and the recently acquired body shop management system from New Era Software, Audatex has not only expanded its product suite but also added strong expertise to its management team. By leveraging this expertise, Audatex will continue to provide best-in-class, high return on investment (ROI) products and services to the North American market.

“Our entire effort at Audatex is geared towards creating profitable innovations for our customers in North America. The acquisition of See Progress, Inc. is an important part of this strategy, and will give our customers the additional products and services they need to gain and maintain a competitive edge,” said Wolfgang Ahrens, Managing Director, Audatex U.S.

About the Audatex Companies

Audatex is the leading global claims solutions provider serving the automotive industry. Active today across six continents, the Audatex companies provide world-class claims solutions that help customers automate their processes; managing millions of claims each year efficiently and effectively, and resolving billions of dollars in claims settlements. Beyond a leading presence in automotive claims, our growing footprint also extends into the automotive-related financial services and medical claims solutions markets. As part of the Solera group of companies, Audatex, AUTOonline, Explore Information Services, Market Scan, Sidexa, Informex, Inpart, ABZ, Hollander, HPI and IMS draw on unique global experience to develop and deliver the latest technologies, market intelligence and best practices on a local level. For more information, please refer to the Company's website at www.audatex.us.