Solera Holdings, Inc. Announces Dudley W. Mendenhall to Become Chief Financial Officer

Anticipated start date on or about March 30, 2009 


SAN DIEGO, March 12  /PRNewswire-FirstCall/ -- Solera Holdings, Inc. (NYSE: SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has hired Dudley W. Mendenhall to become its Chief Financial Officer, effective on or about March 30, 2009.  Since August 2007, Mr. Mendenhall has been the Chief Financial Officer of Websense, Inc. (NASDAQ:WBSN), a global leader in integrated Web, data and email security solutions located in San Diego, California.  Prior to his role at Websense, Inc., Mr. Mendenhall was Senior Vice President and Chief Financial Officer of K2, Inc., a publicly-traded, international sporting equipment manufacturer that was acquired by Jarden Corporation in August 2007.  Mr. Mendenhall's prior experience includes serving as Managing Director of the Corporate Finance Group at Ernst & Young Corporate Finance LLC and Managing Director & Group Head of the Entertainment & Media Group at Banc of America Securities.

Tony Aquila, Solera's President and Chief Executive Officer, said Mr. Mendenhall's background will be an asset in contributing to Solera's continued success in improving margins through higher efficiencies and waste-reduction efforts. "Dudley's 25 plus years of operations finance experience with large domestic and international companies across a number of different industries will be a big plus for us as we move into the next strategic phase of our evolution.  Dudley's financial, operational, investor relations and corporate finance experience will be invaluable," Mr. Aquila said.  "We are thrilled to have him on our executive team."

"I'm excited to join a company with this much potential for growth," Mr. Mendenhall said. "I look forward to contributing to the continued success of Solera."

Jack Pearlstein, Solera's current Chief Financial Officer, will step down from his role upon Mr. Mendenhall's appointment, but will remain with Solera in a consulting role to assist with the transition through the completion of Solera's current fiscal year, and on an as needed basis thereafter.  "On behalf of Solera, I would like to thank Jack for his critical contributions to our team in getting us to this successful stage," said Mr. Aquila. "We wish him well in his retirement."

About Solera

Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in over 50 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries, Informex in Belgium, Sidexa in France, ABZ in The Netherlands, Hollander serving the North American recycling market, and IMS providing medical review services. For more information, please refer to the company's website at http://www.solerainc.com/. 

DATASOURCE: Solera Holdings, Inc.



CONTACT:  Kamal Hamid, Director of Investor Relations of Solera Holdings,

Inc., [phone], 



Web Site:  http://www.solerainc.com/ 

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