Copart Announces Expansion of Abilene, Texas Location

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Dec 15, 2016, 12:23 ET

DALLAS, Dec. 15, 2016 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company, is proud to announce the expansion of its Abilene, Texas location. This is Copart's fourth expansion of an existing location in Texas in 2016, having already announced the expansion of its Fort Worth, Houston and San Antonio locations.

"The expansion of our Abilene location is the perfect complement to our already strong presence in the Lone Star State," said Jay Adair, CEO of Copart. "We have been gradually increasing our footprint in Texas this year with the new addition of our Waco, Dallas South, and CrashedToys Dallas locations, giving us 15 locations across the State of Texas."

Online auctions for Copart Abilene occur at noon CST every Friday. Copart's inventory is not limited to vehicles, but also includes a wide collection of boats, RVs, ATVs, motorcycles and more.

Copart practices good corporate citizenship and prides itself in giving back the local communities in which it does business. In July, Copart sponsored the STEM clinic at the Girl Scouts of Northeast Texas High School College Journey summer camp by donating more than $14,000 worth of computers, printers, monitors and other electronics.

In addition, Copart offers law enforcement, fire departments and similar government agencies a safe training environment. Copart locations are also used by agencies as a controlled environment to train K-9s to track narcotics and explosive devices. Agencies are encouraged to contact their local Copart location to learn more about conducting training at Copart. To learn more about Copart's involvement in local communities, please visit TeamCopart.com.

Copart's patented VB3 technology links sellers to more than 750,000 Members across the globe through Copart's multi-channel online platform. Members can participate in multiple online auctions around the world simultaneously via mobile, tablet and desktop. Similarly, Copart's Mobile App provides Members with an easy way to stay connected with multiple live online auctions and allows Members to place bids and view a wide range of vehicles.

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 (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.