Copart, Inc. (NASDAQ:CPRT), a leading online vehicle auction, is proud
to announce that the company has entered into an agreement with Roush
Fenway Racing to sponsor Carl Edwards and the No. 60 Ford. Copart will
appear as the primary sponsor on the No. 60 for 16 races beginning in
2010 and will appear as an associate sponsor on the Ford for the
remaining races.
"Copart is proud to be a part of Roush Fenway Racing and we look forward
to a winning season with Carl Edwards and the No. 60 Copart Nationwide
car,” said Jay Adair, president of Copart. "We feel this new
relationship will further our efforts in becoming a well-known name
among NASCAR fans as a great place to find vehicles.”
Copart recently enhanced its website to make it easier to search for and
view vehicles offered at www.copart.com,
demonstrating Copart’s ongoing commitment to provide the most
efficient bidding environment possible.
Copart will first appear as a primary sponsor on the No. 60 Ford at Auto
Club Speedway in February of next year. Edwards, the 2007 Nationwide
Series champion, has one win, two poles, six top-five and seven top-10’s
in just nine starts at the 2-mile oval. To date, Edwards has 24 career
Nationwide wins – a number that he looks to add to in 2010 with Copart
on his team.
Edwards is a fan of auctions and used to purchase vehicles from an
auction that Copart now owns. He’d fix the vehicles up with his dad and
then resell them.
"I’m very excited about the Copart relationship,” stated Edwards. "It
will be fun to get the word out on what they do and how many vehicles
are out there. I look forward to having Copart as part of our team next
year and taking the No. 60 Copart Ford to victory lane.”
About Copart
Copart, founded in 1982, provides vehicle sellers with a full range of
remarketing services to process and sell cars, trucks, motorcycles and
other vehicles to dealers, dismantlers, rebuilders, exporters, and to
consumers. Copart remarkets the vehicles through an Internet based
auction utilizing its patented VB2 technology. Copart sells
vehicles on behalf of insurance companies, banks, finance companies,
fleet operators, dealers, car dealerships, the general public and
others. The company currently operates 147 facilities in the United
States, Canada and the United Kingdom. For more information, or to
become a registered member, visit www.copart.com.
About Roush Fenway Racing
Roush Fenway Racing is NASCAR’s largest team operating nine motorsports
teams. Five in the NASCAR Sprint Cup Series with drivers Matt Kenseth,
Jamie McMurray, Greg Biffle, Carl Edwards and David Ragan; three in the
Nationwide Series with Kenseth, Biffle, Edwards, Ragan, Erik Darnell,
Ricky Stenhouse, Jr. and Colin Braun; and one in the Camping World Truck
Series with Braun. For more information on any of the Roush Fenway
Racing teams, log onto www.RoushFenway.com.
For sponsorship inquiries please contact Robin Johnson at 704.720.4645.
Cautionary Language Regarding
Forward-looking statements
This press release contains forward-looking statements within the
meaning of federal securities laws, including statements regarding our
expectations with respect to our sponsorship of Carl Edwards in the
Nationwide Series. In particular, we can provide no assurance that our
racing sponsorship as described in this press release will result in an
increase in our brand awareness, customer base, sales volumes, or
revenues. These forward-looking statements are subject to certain risks,
trends and uncertainties that could cause actual results to differ
materially from those projected or implied by our statements and
comments. For a more complete discussion of the risks that could affect
our business, please review the "management's discussion and analysis”
and the other risks identified in Copart’s latest Annual Report on Form
10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K,
as filed with the Securities and Exchange Commission. We encourage
investors to review these disclosures carefully. We do not undertake to
update any forward-looking statement that may be made from time to time
on our behalf.