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Mitchell Moves On and Moves Ahead!
Company Is Energized and Focused on Providing Solutions That Promote Collaboration Among Industry Partners
| Source: Mitchell International
SAN DIEGO, CA--(Marketwire - March 13, 2009) - Mitchell International, Inc., a leading
provider of information, workflow and performance management solutions to
the Property & Casualty claims and vehicle repair industries, today
announced its path forward after discontinuing the merger review
proceedings with the Federal Trade Commission (FTC).
"Our team is excited to expand upon the momentum we have created in the
market," said Alex Sun, President and CEO of Mitchell International. "We
delivered a number of exciting new products in 2008 and have even more in
store for 2009 as we continue to execute our vision of enabling partners to
more easily connect and collaborate both inside and outside their
traditional boundaries."
Over the past year, top tier insurance carriers have selected Mitchell's
WorkCenter to unify core components of their claims process -- from
assignment and dispatching to estimating and uploading of claims for
review, to performing total loss valuations and re-inspections, and
finally, approving claims for payment. The WorkCenter provides a single
unified workspace built upon next generation technologies that allow
carriers to seamlessly interact and streamline workflows. "We are
encouraged that the Mitchell WorkCenter is receiving such a positive
reception from our customers and we are excited to expand upon this success
with major enhancements planned across all modules in 2009," said Marc
Brungger, Executive Vice President, Auto Physical Damage, Mitchell
International.
With respect to the collision repair market, Mitchell will launch
UltraMate 7 and a new version of ABS™ Enterprise. Each of these new
releases will deliver dramatic improvement in product usability and shop
efficiency. The company is also announcing the launch of the Mitchell
RepairCenter -- a next generation repair-focused collaborative workspace
-- at NACE 2009. Mitchell intends to share RepairCenter with select
customers in the coming months.
In terms of casualty products, Mitchell continues to lead the auto casualty
and workers compensation industries with its Decision Point®, SmartAdvisor
and ClaimIQ suite of solutions. "We are intensely focused on developing
solutions that address the full spectrum of casualty claims," said Dave
Torrence, Senior Vice President, Mitchell Medical. Mitchell will launch
next generation versions of Decision Point and ClaimIQ, and has been
selected by several large insurers for its fully compliant e-billing and
payment solution to ensure compliance in states, such as Minnesota. It has
also recently expanded its suite of provider network services to create the
most comprehensive network coverage across the country.
These development plans are the product of an invigorated company that is
investing aggressively in research and development on the heels of the
company's best financial performance in its 63-year history. "Mitchell is
as strong as ever, and I attribute that to maintaining great relationships
with our valued partners," remarked Sun. "Our product teams are extremely
energized about executing our vision, and as always, our sales and service
teams are committed to upholding our proud tradition of service
excellence," he added.
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.