IAAI Insurance Auto Auctions (MM)

Insurance Auto Auctions Announces Second Quarter 2004 Earnings Conference Call SCHAUMBURG, Ill., July 16 /PRNewswire-FirstCall/ -- Insurance Auto Auctions, Inc. (NASDAQ:IAAI), a leading provider of automotive salvage and claims processing services in the United States, will hold a conference call with institutional investors, security analysts and other interested parties at 11:00 AM Eastern Daylight Time on Friday, July 23, 2004 to discuss its second quarter results, which will be released earlier that day. Insurance Auto Auctions' Chief Executive Officer, Thomas C. O'Brien, and Chief Financial Officer, Scott P. Pettit, will co-host the call. To participate by phone, please dial: 877-307-4802 Callers should ask to be connected to the Insurance Auto Auctions earnings conference call. The call will also be broadcast over the Internet at http://www.iaai.com/ . *Please allow 15 minutes to register, download and install any necessary audio software. A replay will be available until midnight EDT on July 30, 2004. To listen to the replay, callers should dial: 800-642-1687 To listen to the replay, callers should enter conference reservation code 8739045 when prompted. About Insurance Auto Auctions, Inc. Insurance Auto Auctions, Inc., founded in 1982, a leader in automotive total loss and specialty salvage services in the United States, provides insurance companies with cost-effective, turnkey solutions to process and sell total-loss and recovered-theft vehicles. The Company currently has 77 sites across the United States. Additional information about Insurance Auto Auctions, Inc. is available on the World Wide Web at http://www.iaai.com/ . DATASOURCE: Insurance Auto Auctions, Inc. CONTACT: Scott Pettit, Chief Financial Officer of Insurance Auto Auctions, Inc., +1-847-839-4040; or Chris Kettmann, General Inquiries of Ashton Partners, +1-312-553-6716 Web site: http://www.iaai.com/

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