Hoffman Estates, IL – October 22, 2014 – For the third consecutive year, Copart has displayed its commitment to the future of the collision industry by contributing $15,000 to the Collision Repair Education Foundation. This donation from Copart will support the Education Foundation’s Collision Repair Education Campaign fund, which allows the Foundation to provide its annual student scholarships, school grants, and Ultimate Collision Education Makeover $50,000 school grant to collision programs. These collision school instructors are facing smaller and smaller program budgets and in need of the industry’s support now more than ever. Industry contributions through the Education Foundation directly address the instructor’s needs to provide the best technical education possible to their students, the industry’s future professionals.
Clark Plucinski, Collision Repair Education Foundation Executive Director stated, “On behalf of the organizations Board of Trustees, staff, and the collision school programs across the country that the Education Foundation supports, I would like to thank Copart for their continued support. It will only be through a collaborative effort of industry supporters will we be able to address the industry’s dire need of highly trained, productive, and skilled entry-level workers graduating from high school and post-secondary collision school programs. Copart’s donation assists us in continuing this effort and I would invite other organizations who aren’t currently supporting the Collision Repair Education Foundation to follow Copart’s lead in providing support.”
Additional information on Copart can be found online at www.Copart.com. Industry organizations interested in joining the Collision Repair Education Foundation’s efforts to support secondary and post-secondary collision school programs should contact Education Foundation’s Director of Development, Brandon Eckenrode at Brandon.Eckenrode@ed-foundation.org or 847.463.5244.
The Collision Repair Education Foundation, founded in 1991, is a not-for-profit organization dedicated to securing donations that support philanthropic and collision repair education activities that promote and enhance career opportunities in the industry. For information on how to donate to programs supported by the Education Foundation visit us on the Internet at: www.CollisionEducationFoundation.org.
Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales utilizing its patented VB2 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as cars sourced from the general public. The company currently operates 206 facilities, with operations in the United States and Canada (www.copart.com), the United Kingdom (www.copart.co.uk), Brazil (www.copart.com.br), Germany (www.copart.de), the United Arab Emirates (www.copart.ae) and Spain (www.autoresiduos.com). Copart links sellers to more than 750,000 members in over 140 countries worldwide through our online multi-channel platform. For more information, or to become a member, visit www.copart.com.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of federal securities laws, and these forward-looking statements are subject to substantial risks are uncertainties. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the “Management’s Discussion and Analysis” and the other risks identified in Copart’s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission. We encourage investors to review these disclosures carefully. We do not undertake to update any forward-looking statement that may be made from time to time on our behalf.