Copart Announces Opening of Second Denver Area Location

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News Desk 2018
Copart Announces Opening of Second Denver Area Location

DALLAS, TX --(Marketwired - August 17, 2016) - Copart, Inc. ( NASDAQ : CPRT ), a global online vehicle auction company, is proud to announce the opening of and first online auction at its third location in Colorado. This is Copart's second location in the Denver metropolitan area.

"In May, we announced the opening of and first auction at our new Colorado Springs location, then we expanded our original Denver area location, and now we are pleased to announce the opening and online auctions at our second location that will serve the Denver area," said Jay Adair, Copart CEO. "We are excited to further accommodate our growth in the online auction space with this new location."

Copart's Colorado facilities are located in Brighton, Colorado Springs, and no in Denver at 6464 Downing Street. Online auctions for the Denver, Brighton and Colorado Springs facilities will be at noon, central, on Thursdays, Tuesdays, and Wednesdays, respectively. Copart's online auctions take place at www.copart.com and not only offer automobiles, they also offer a variety of boats, RVs, ATVs, motorcycles, exotics and more.

"Not only do we strive to provide an unmatched experience, but we are always looking to contribute to the safety and quality of life of our local communities," said Sean Eldridge, Copart's Chief Operating Officer. "Recently, we deployed our catastrophe response team to Colorado Springs to provide support to the areas affected by the recent hail storms."

Copart's catastrophe response team is made up of an elite group of personnel who are ready to respond to weather-related catastrophes on short notice to help communities rebuild.

Within the first 48 hours after severe hail storms hit Colorado Springs, Copart's catastrophe response team began helping impacted communities recover by removing damaged vehicles. The hail storms produced enough damage that insurance companies declared it a catastrophic weather event.

As a proud partner to local communities, Copart offers local law enforcement, fire departments and other agencies a safe training environment. Copart locations are commonly used by law enforcement agencies as a controlled environment to train K-9 units to track narcotics and explosive devices.

"We are excited about the additional opportunities we can provide with our new location, not only for our Denver Members but also the community," said Sean Eldridge, Chief Operating Officer of Copart. "Our work with the Brighton Fire Department is a key example of the way our team is dedicated to building strong relationships within the communities we serve."

Local agencies are encouraged to contact the General Managers at any of Copart's 160 locations to learn more about conducting training onsite. In addition to supporting local agencies, Copart supports numerous local, regional and national charities . For more information about Copart working with the Brighton Fire Department, please visit Copart in Your Community .

Copart's patented VB3 technology allows sellers to connect with more than 750,000 Members in more than 150 countries through its multi-channel online platform. This technology allows Members to participate in multiple online auctions around the world simultaneously. Copart recently launched the Copart Apple Watch App , which provides Members with a flexible and innovative way to bid and win vehicles on the go.

Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales using its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as vehicles sourced from the general public. The company currently operates in the United States ( www.copart.com ), Canada ( www.copart.ca ), the United Kingdom ( www.copart.co.uk ), Brazil ( www.copart.com.br ), Germany ( www.copart.de ), the United Arab Emirates, Bahrain, and the Sultanate of Oman ( www.copartmea.com ), Spain ( www.copart.es ), the Republic of Ireland ( www.copart.ie ), and India ( www.copart.in ). Copart links sellers to more than 750,000 Members in more than 150 countries worldwide through its multi-channel platform. In 2015, Copart was ranked at the top of Deloitte's "The Exceptional 100" list of companies, which reviewed U.S. publicly traded companies based upon a multidimensional approach to measuring financial performance. For more information, or to become a Member, visit www.copart.com .

Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales using its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as vehicles sourced from the general public. The company currently operates in the United States ( www.copart.com ), Canada ( www.copart.ca ) the United Kingdom ( www.copart.co.uk ), Brazil ( www.copart.com.br ), Germany ( www.copart.de ), the United Arab Emirates, Bahrain, and the Sultanate of Oman ( www.copartmea.com ), Spain ( www.autoresiduos.com ), the Republic of Ireland ( www.copart.ie ), and India ( www.copart.in ). Copart links sellers to more than 750,000 Members in more than 150 countries worldwide through its multi-channel platform. In 2015, Copart was ranked at the top of Deloitte's "The Exceptional 100" list of companies, which reviewed U.S. publicly traded companies based upon a multidimensional approach to measuring financial performance. For more information, or to become a Member, visit www.copart.com .

Contact information Michelle Hoffman VP of Marketing, Copart michelle.hoffman@copart.com (972) 391-5082 Lindsay Williams Internal/External Communications Manager, Copart lindsay.williams@copart.com (972) 391-5112

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