SOURCE: Copart, Inc.

Copart, Inc.

June 22, 2016 10:00 ET

Copart Announces Expansion of Houston Location

DALLAS, TX --(Marketwired - June 22, 2016) - Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, is proud to announce the expansion of its location in Houston, Texas.

"For Copart, the saying of, 'everything is bigger in Texas' rings true for us, especially this year. Expanding our Houston location is just one of many indications of our growth in this great state," said Jay Adair. "We have been headquartered in Dallas since 2012, and just this year, we have acquired two new locations in Texas, expanded our Fort Worth location, and we launched the first-ever retail-auction-entertainment venue featuring hundreds of powersports with CrashedToys of Dallas."

Copart recently acquired two locations in Temple and Wilmer, expanding the total number of Texas locations to 14. Among Copart's Texas locations is CrashedToys of Dallas, which opened in April 2016, a unique location that specializes in used and repairable powersport vehicles.

Copart's Houston location, at 1655 Rankin Road, Houston, TX 77073, hosts online auctions every Tuesday and Friday at noon. The Houston location encourages people to stop by, meet the friendly Copart team and preview the vehicles in person. Copart's online auctions are not limited to only auto sales. Their inventory includes a wide selection of boats, RVs, ATVs, tractor trailers and motorcycles.

Copart's patented VB3 technology links sellers to more than 750,000 Members through its multi-channel online platform, Members can participate in multiple online auctions around the world simultaneously via mobile, tablet and desktop. Copart recently launched the Copart Mobile App, providing Members with an easy way to stay connected with multiple live online auctions, bids, and vehicles they have won. The Copart Apple Watch App is now available for download and can be used to attend live online auctions and view upcoming auctions on the go.

"We have been in the Houston community since 1993, and I recently spent some time in Houston when our Catastrophe Response Team worked to help the community recover from the floods," said Sean Eldridge, Copart's Chief Operating Officer. "It is a strong community, and we enjoy being a part of it. We look forward to our continued involvement."

Copart is a proud community partner, and offers local law enforcement, fire departments and other agencies a safe training environment. Agencies commonly use Copart locations as a controlled environment for police dogs to train on the tracking of narcotics and explosive devices. Local Houston agencies are encouraged to contact the General Manager at Copart Houston to learn more about conducting training at Copart. In addition to supporting local agencies, Copart supports numerous local, regional and national charities. To learn more, please visit Copart in Your Community.

ABOUT COPART

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 and Canada (www.copart.com), 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 "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.

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