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Bluebook International Announces License Agreement With Underwriters Rating Board

LAKE FOREST, Calif., May 5 /PRNewswire-FirstCall/ -- The Bluebook International Holding Co. (OTC:BBKH) (BULLETIN BOARD: BBKH) , a leading data, software and services provider to the property and casualty insurance industry, announced today that it has renewed its license agreement with Underwriters Rating Board (URB) and URB Services Corp., which together are a full service insurance support organization with 48 member and subscriber companies.

Under the terms of the three-year agreement, the URB organization will license Bluebook's InsureBASE application and unparalleled proprietary data to assist its participating member and subscriber companies with the analysis of its homeowners' insurance policies. URB and its customers will obtain access to InsureBASE through Bluebook's exclusive Internet Web site via secure Web services.

Underwriters Rating Board in Albany, NY, is an advisory rating service and statistical agent doing business in New York State whose customers are its member and subscriber companies. URB Services Corp. is a sister organization that provides related services to URB's member and subscriber companies. Tim Curren, CPCU, Manager of Underwriters Rating Board and President of URB Services Corp., said, "The URB Organization is committed to providing its customers with state of the art technology to compute replacement cost evaluation. In order to do so, we must keep abreast of technology, data providers and cutting edge solution providers," he said. "Bluebook's InsureBASE application and proprietary data is efficient, full featured and readily integrates with other systems. Bluebook's level of service has exceeded our expectations. This engagement confirms the organization's strategy to enhance services to our customers at a reasonable cost."

Bluebook International's Executive Vice President, Brian C. Jones, stated: "This alliance with URB is a great example for how the insurance industry leverages our data and delivery technology. The efficiency gain will be streamlined production and lowered costs simultaneously. We are proud they have selected Bluebook's InsureBASE product as their Insure to Value solution."

InsureBASE is an automated residential property information solution that helps insurers to mitigate the risks associated with determining and maintaining accurate replacement cost values for residential properties. InsureBASE can also process an entire insurance portfolio, consisting of thousands of properties at one time while delivering property characteristics by the simple entry of an address.

About The Bluebook International Holding Co.

The Bluebook International Holding Co. (OTC:BBKH) (BULLETIN BOARD: BBKH) is a leading data, software and services provider to the property and casualty insurance industry. The Bluebook's products serve the underwriting and claims process with highly scalable and accessible data solutions built on Bluebook's industry-utilized standards, pricing and best practices. Bluebook's International property repair and replacement cost data combined with its 40 years of standards, are mitigating risk, providing significant enhancements in workflow and reducing costs.