US District Court Grants Request for Preliminary Injunction in the CCC-Mitchell Merger


CHICAGO, IL and SAN DIEGO, CA--(Marketwire - March 9, 2009) - Today the U.S. Federal District Court in the District of Columbia granted the Federal Trade Commission's (FTC) request for a preliminary injunction, enjoining CCC Information Services Inc. and Mitchell International, Inc. from closing their previously announced merger, pending resolution of the FTC's administrative trial currently set to commence March 31, 2009.

"We are disappointed with the Court's decision to grant the preliminary injunction. Both CCC and Mitchell maintain our belief that the merger will deliver significant benefits to customers while maintaining an already competitive automotive claims marketplace. As agreed to with Mitchell, both companies intend to review the Court's decision in depth and together assess the appropriate next steps," stated Githesh Ramamurthy, Chairman and CEO of CCC Information Services Inc.

Alex Sun, President and CEO of Mitchell International, Inc., added: "There are a number of factors that both companies need to consider, including the interests of our customers, as we contemplate next steps. These deliberations are an obvious high priority for both organizations. We appreciate the patience and support of our many valued customers and employees and will be communicating our intentions as quickly as possible."

About CCC Information Services Inc.

CCC, founded in 1980, is a leading provider of advanced software, communications systems, and Internet and wireless enabled technology to the automotive claims and collision repair industries. Its client base includes more than 350 insurance companies and thousands of repair facilities. In addition to its products, CCC delivers extensive industry insight to its clients by leveraging the industry's most comprehensive auto claims data warehouse comprising data captured from the millions of transactions processed through its network, complemented by information from more than 30 other data providers. You can find out more about CCC Information Services Inc. by visiting the company's web site at www.cccis.com.

About Mitchell International, Inc.

Mitchell is a leading provider of information, workflow, and performance management solutions to the insurance claims and automotive repair industries. Founded in 1946, Mitchell has developed a rich legacy as the only provider of solutions that address both physical damage and casualty claims needs. In addition, Mitchell is a leading provider of solutions designed to improve the performance of collision repairers through its business systems and customer satisfaction indexing offerings. Mitchell facilitates millions of electronic transactions between thousands of business partners each month to enhance their productivity, profitability, and customer satisfaction levels. You can find out more about Mitchell International by visiting the company's web site at www.mitchell.com.

Contact Information: Media Contacts: CCC Information Services Inc. John Harris Corporate Communications 312-229-2693 Mitchell International Jennifer Forman Sr. Director of Marketing 858-368-7794