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Bluebook International Announces Largest Online Residential Property Replacement Cost Database

Unparalleled Access to Property Replacement Cost Information for 70 Million Residential Properties

LAKE FOREST, Calif., May 3 /PRNewswire-FirstCall/ -- Bluebook International, Inc. (OTC:BBKH) (BULLETIN BOARD: BBKH) , a leading data and software services provider to the Property and Casualty Insurance industry, announced today that it will provide property specific estimated replacement costs, portfolio review and analytic services to the insurance and banking industries through its latest online InsureBASE(TM) solution.

Bluebook's InsureBASE offering, coupled with its DataCentral(TM) and global data providers, is now capable of providing detailed property information in the form of an ERC Report (estimated replacement cost) for nearly 91% of the nations single family residences. InsureBASE greatly reduces costs and cycle time associated with today's manual process analyzing hundreds of thousands of properties in about the same amount of time it would normally take to do a single physical home inspection or validation.

InsureBASE offers unprecedented accessibility and cost savings using critical decision-ready data to core insurance and banking company processes when:

-- Establishing or maintaining residential replacement costs -- Examining and managing risks -- Setting insurance premiums and pricing standards -- Processing and validating premium renewals -- Confirming loss assessments of single-family residences

"Our highly-available Web Services and Internet ready solutions unlock and expand the significant value of our products, services and information to new and existing technology," said Mark Josipovich, President and CEO of Bluebook.

About The Bluebook International Holding Company

The Bluebook International Holding Company (OTC:BBKH) (BULLETIN BOARD: BBKH) is a leading data, software and services provider to the Property and Casualty insurance industry. The Bluebook's information and solutions serve the underwriting and claims process with highly scalable and accessible software and data solutions built on Bluebook's industry utilized standards, pricing and best practices. Bluebook's International property repair and replacement data combined with standards in technology are providing significant enhancements in workflow and reducing costs.

SAFE HARBOR STATEMENT THIS NEWSLETTER/RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, THE COMPANY'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE STATEMENTS ARE ALSO MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. THIS RELEASE INCLUDES STATEMENTS THAT MAY CONSTITUTE FORWARD-LOOKING STATEMENTS PURSUANT TO THE SAFE-HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995, OR BY THE SECURITIES AND EXCHANGE COMMISSION IN ITS RULES, REGULATIONS AND RELEASES. THESE FORWARD- LOOKING STATEMENTS ARE SUBJECT TO RISKS, UNCERTAINTIES, AND OTHER FACTORS, SOME OF WHICH ARE BEYOND THE CONTROL OF BLUEBOOK, ARE DIFFICULT TO PREDICT AND COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED ABOVE.

 

 

 


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