VeriFacts Releases New OEM Bonding Matrix

Newport Beach, CA, March 20, 2006 —VeriFacts Automotive announced today it has developed an “OEM Bonding Matrix” which identifies specific vehicle manufacturer’s guidelines on the use of adhesive bonding during collision repairs.

In pursuit of higher repair quality and bringing the most recent repair information directly to the technicians that need it most, VeriFacts has assembled the latest available bonding information from vehicle manufacturers and consolidated it into a single document. The new Matrix identifies the type of bonding allowed, whether bonding is permissible on specific parts, and if so, what type of bonding method is approved, including the source of the information. VeriFacts has now made this Matrix available to the industry on their website at www.verifactsauto.com.

“We are in touch with over 3,500 technicians, estimators and managers each month through our VeriFacts Shop Coaching Program wherein questions on bonding requirements are very common. In addition, our toll-free technician Telecoach Hotline receives numerous inquiries on this subject as well,” stated Mark Olson, Chief Operating Officer of VeriFacts. “Manufacturers are constantly developing new guidelines for collision repair and it’s difficult to keep up with the information flow. With our ongoing efforts to improve repair quality and reduce cycle time, we decided to conduct the necessary research and develop this useful tool for VeriFacts shops as well as the industry at large.”

The latest release of the OEM Bonding Matrix is available on the VeriFacts website at www.verifactsauto.com. The Matrix will be updated periodically as additional information becomes available from vehicle manufacturers. VeriFacts makes no warranty as to the accuracy or timeliness of the information, but has used its best efforts to develop a comprehensive and informative tool.