ChoicePoint announced today that it has sold part of its public records operations, specifically the businesses that collect bankruptcy, lien and judgment (BLJ) records and provide them on a wholesale, bulk basis to commercial enterprises around the country. The terms of the sale and the buyer were not disclosed but the transaction is not expected to have a material impact on ChoicePoint's financial results.

In connection with the sale, ChoicePoint and the buyer also entered into a data access agreement that gives ChoicePoint the right to include BLJ information in its other products for a long-term period.

This transaction is part of ChoicePoint's plan to divest certain non- strategic or under-performing assets as previously announced in the company's news release announcing third quarter 2006 earnings.

About ChoicePoint

ChoicePoint (NYSE: CPS) provides businesses, government agencies and non- profit organizations with technology, software, information and marketing services, all intended to help manage economic and physical risks as well as identify business opportunities. Each year, we help more than six million people get the jobs they seek and more than 100 million people get fairly priced home and auto insurance. Our authentication and anti-fraud tools improve efficiency and instill confidence in the decision-making process for our customers and consumers. Consumers have free access to the reports we create at http://www.ChoiceTrust.com. Learn what we do to protect consumer privacy by visiting http://www.PrivacyatChoicePoint.com and, for more information on our company, go to http://www.ChoicePoint.com.

Forward Looking Statements

Certain written statements in this release may constitute "forward-looking statements" as defined under the Private Securities Litigation Reform Act of 1995. Words or phrases such as "expected to" or similar expressions are intended to identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in any forward-looking statements. These risks and uncertainties include, but are not limited to, the following important factors: unanticipated contractual indemnification liabilities, the results of our ongoing review of fraudulent data access and other events, the impact of our decision to discontinue certain services, the results of any litigation or government proceedings, the implementation of plans to divest various businesses resulting from our company-wide strategic review including unanticipated losses realized in connection with any such sales, demand for ChoicePoint's services, maintaining acceptable margins, maintaining our data supply, maintaining secure systems including personal privacy systems, ability to minimize system interruptions, ability to control costs, the impact of federal, state and local regulatory requirements on ChoicePoint's business, specifically the direct marketing and public filings markets, privacy matters and any federal or state legislative responses to identify theft concerns, ability to continue our long-term business strategy including growth through acquisition, and the uncertainty of economic conditions in general. Additional information concerning these and other risks and uncertainties is contained in ChoicePoint's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. ChoicePoint undertakes no obligation to publicly update these statements based on events that may occur after the date of this press release.

ChoicePoint and the ChoicePoint logo are registered trademarks of ChoicePoint Asset Company.

Source: prnewswire