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

In a constantly changing refinish materials environment Mitchell provides complete and accurate pricing information

San Diego, CA—April 23, 2009—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™). 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® Windows® compatible and can be used as a stand-alone solution or as an integrated part of Mitchell's advanced estimating system—UltraMate®.

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 and workflow solutions to the Property & Casualty claims and Automotive Collision Repair industries. The company's comprehensive solution portfolio streamlines the entire auto physical damage, bodily injury and workers' compensation claims processes. Mitchell enables millions of electronic transactions between more than 30,000 business partners each month to enhance partner productivity, profitability, and customer satisfaction.