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EACC EAC Invest AS

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Share Name Share Symbol Market Type
EAC Invest AS AQEU:EACC Aquis Europe Ordinary Share
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Insurance Corporation of British Columbia Renews Contract With eAutoclaims

06/06/2005 4:25pm

PR Newswire (US)


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Insurance Corporation of British Columbia Renews Contract With eAutoclaims OLDSMAR, Fla., June 6 /PRNewswire-FirstCall/ -- eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC) announced that Insurance Corporation of British Columbia (ICBC) has renewed its initial agreement with eAutoclaims for providing managed repair services through the Guaranteed Repair Network to their consumers traveling in the United States. ICBC will continue to utilize the eAutoclaims Appraisal Assignment Network of managed independent appraisers to supplement the shop network. Jim Heinekey, Regional Manager Material Damage for ICBC, stated, "We have been pleased with the performance of eAutoclaims' services to date and thus have renewed our agreement with the Company. Our consumers have greater confidence and appreciate the extended coverage we provide with the eAutoclaims solution to repair their vehicle wherever they travel throughout North America. eAutoclaims' representatives are responsive to our needs and the shop and independent appraiser networks are well-managed while offering consistent service. ICBC is committed to providing prompt, courteous service and fair settlement to our clients and eAutoclaims is delivering on their promise to help us continue to extend this level of service to our customers traveling in the U.S." eAutoclaims has provided service to ICBC and its consumers for the past two years. Eric Seidel, eAutoclaims President and CEO, stated, "ICBC has been a great client to work with and there is no better affirmation of the value of the services eAutoclaims provides than having a client renew their contract. We look forward to exploring future opportunities, and we are committed to continuing to provide ICBC and their customers with prompt and consistent services that are consumer driven." About Insurance Corporation of British Columbia The Insurance Corporation of British Columbia (ICBC) is a provincial Crown Corporation established in 1973 to provide universal auto insurance to BC motorists. In addition, the Corporation is responsible for driver licensing, vehicle registration and licensing. In addition to providing this basic insurance, the Corporation competes with other automobile insurance companies by offering extended third-party legal liability and other optional insurance coverage such as collision and comprehensive coverage. About eAutoclaims eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC) is a business services company that provides the insurance industry with claims management services through both ASP and integrated outsourcing solutions. The Company's clients are insurance companies, fleet management companies and insurance services companies. eAutoclaims' solutions streamline the claims handling process, decreasing the overall time and cost required to process a collision claim, and reducing average paid losses for its clients. The Company handles repair estimates, repair audits, and claims systems administration services for automobile claims that are processed and tracked via the eAutoclaims web-based platform and network of service providers. This announcement contains forward-looking statements. Words such as anticipate, believe, estimate, satisfies, expect and other similar expressions as they relate to the Company and its management are intended to identify such forward-looking statements. Although the Company and its management believe that the statements contained in this announcement are reasonable, it can give no assurances that such statements will prove correct. Factors that could affect the occurrence of events or results discussed herein are included with those mentioned in the Company's filings with the Securities and Exchange Commission. DATASOURCE: eAutoclaims CONTACT: Jeff Dickson, Chairman, eAutoclaims, +1-813-749-1020, ext. 2202, or ; or Investors, Mark McPartland, Alliance Advisors, LLC, +1-910-221-1827, or , for eAutoclaims Web site: http://www.eautoclaims.com/

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