Mitchell Adds Market-Based Price Updates to Its Refinishing Materials Calculator

SAN DIEGO, CA, Apr 23 (MARKET WIRE) --
Mitchell International, Inc., a leading provider of information, workflow
and performance management solutions to the Property & Casualty claims
and Collision Repair industries, today announced that it will provide
market-based price updates to its industry-leading Refinishing Materials
Calculator (RMC(TM)). Over the past six months, Mitchell has been
collaborating with members of several collision repair associations,
including the Society of Collision Repair Specialists (SCRS), to provide
updates to RMC that will accurately reflect the highly variable cost of
refinish materials. The added updates underscore the Company's continued
commitment to providing the collision repair industry with the tools and
techniques needed to achieve optimum performance.

Beginning in May, Mitchell will analyze pricing data monthly and institute
a "trigger" that will activate an RMC data update when the aggregate paint
price data received from manufacturers changes by more than three percent
-- helping to assure that the industry receives up to date refinish
materials costs. Additionally, Mitchell will review paint offerings and
eliminate lines that are no longer commonly used as well as reflect the
addition of new product lines to keep pace with paint manufacturers'
continuously updated product lines.

"In today's economy, change is a constant in the collision repair
marketplace, especially the cost of refinish materials," said Marc
Brungger, Executive Vice President of Auto Physical Damage, Mitchell
International. "We have always been dedicated to providing our customers
with accurate and complete information. Mitchell's Refinishing Materials
Calculator is a key tool in our mission to help reduce repair cycle times
by providing repairers with the information needed to accurately calculate
the true costs for every vehicle repair."

Mitchell RMC is a complete materials calculation software program based on
one of the most accurate and verifiable database in the industry that
provides job-specific materials costing for imported and domestic vehicles
according to year, make, and paint code. Rather than using an inaccurate
flat rate hourly formula, Mitchell RMC provides users with a fully
automated itemization of costs for primers, colors, clear coats,
additives, and other materials needed to restore vehicles to pre-accident
condition. With access to more than 8,500 paint codes, users will benefit
from more accurate job costing than they would by relying on an hourly
formula.

Mitchell RMC is designed to be used by all participants -- collision body
shops, insurance companies, appraisers, independent claims adjusters, and
paint companies -- involved in the collision repair and claims process.
RMC is Microsoft(R) Windows(R) compatible and can be used as a stand-alone
solution, or as an integrated part of Mitchell's advanced estimating
system -- UltraMate(R).

Those who would like to learn more about RMC can look for a special
feature on RMC appearing in the upcoming Industry Trends Report that will
be available soon at www.mitchell.com.

About Mitchell International, Inc.

Mitchell International (www.mitchell.com) is a leading provider of
information, workflow, workers' compensation, medical bill review, and
performance management solutions to the automotive insurance claims
industry, serving carriers, collision repair facilities, and other
commercial participants in the physical damage and auto-related medical
claims markets. Mitchell facilitates millions of electronic transactions
between more than 25,000 business partners each month to enhance their
productivity, profitability, and customer satisfaction levels.

Contact:

Jennifer Forman
Sr. Director, Marketing
800-854-7030
Email Contact

or

Kam Hashim
Boston Communications
617-292-7316
Email Contact

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