First American and US Search Host Conference Call To Discuss Pending Merger
December 16, 2002, LOS ANGELES and SANTA ANA, Calif.
US Search.com Inc. (NasdaqNM: SRCH) and The First American Corporation (NYSE: FAF) announced jointly today that the companies will hold a conference call to discuss the definitive merger agreement to combine the operations of US Search with First American’s background screening information businesses. The call, which will be held on Monday, Dec. 16, 2002, at 10:30 a.m. EST (7:30 a.m. PST), will be broadcast live over the Internet and can be accessed by all interested parties at www.ussearch.com and at www.firstam.com/investor. To listen to the live call, please go to the Web site at least 15 minutes prior to the start of the call to register, and download and install any necessary multimedia software.
Hosting the call will be Parker S. Kennedy, president of The First American Corporation; John W. Long, president of First American’s Screening Information group; and Brent Cohen, chief executive officer of US Search. Information about the call, which is open to investors, members of the financial community and the media, is as follows:
When: Dec. 16, 2002, 10:30 a.m. EST (7:30 a.m. PST). The companies recommend logging on, or dialing in, 15 minutes prior to the call’s scheduled start time
How: Over the World Wide Web at www.firstam.com/investor and www.ussearch.com
Toll free inside the United States: 1-888-810-9158, Pass code: First Advantage
From outside the United States: (712) 271-3827
For those unable to participate during the live call, an audio replay of the conference call will be available through Dec. 19, 2002, by dialing (402) 220-5084. An audio archive of the call will also be available for replay on First American’s Web site.
Founded in 1994, US Search.com Inc. is an Internet-based trust and risk management services company, supplying consumer and enterprise clients with Web-enabled location, verification and screening services using its proprietary intelligent software platform. A leader in finding people, US Search has extended its employment screening and background check product lines to provide identity verification services and fraud prevention tools to Global 2000 companies. US Search aims to give its customers peace of mind by providing the right information to make faster, safer, smarter decisions. For more information about US Search, please visit www.ussearch.com. For more information about PRSI and our enterprise products please visit www.prsinet.com.
First American Screening Information Group, a division of The First American Corporation, is comprised of companies that provide screening information to businesses with employment, insurance and property management decision needs. HireCheck, Inc., a pioneer in employment background checking for more than 20 years, serves more than 4,000 employers nationwide by providing data to verify or uncover job applicant credentials and history. First American Registry and SafeRent dominate the resident screening marketplace delivering well over a million tenant-screening reports annually. Substance Abuse Management, Inc. and Employee Health Programs, in the process of integrating, serve the substance abuse testing and program management needs of national employers, including numerous Fortune 1000 companies. Through its American Driving Records subsidiary, First American serves the insurance industry’s screening needs as one of the top providers of direct-accessed motor vehicle driving records. For more information about these companies, visit them on the Web at www.hirecheck.com, www.registrynet.com, www.saferent.com, www.samimro.com, www.ehp.com and www.mvrs.com.
The First American Corporation is a Fortune 500 company that traces its history to 1889. As the nation’s leading diversified provider of business information, the company supplies businesses and consumers with the information resources that affect the major economic events of people’s lives, such as getting a job; renting an apartment; buying a car, house, boat or airplane; securing a mortgage; opening or buying a business; and planning for retirement. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within seven primary business segments including: Title Insurance and Services, Specialty Insurance, Trust and Other Services, Mortgage Information, Property Information, Credit Information and Screening Information. With revenues of $3.75 billion in 2001, First American has more than 22,500 employees in approximately 1,300 offices throughout the United States and abroad. More information about the company and an archive of its press releases can be found at www.firstam.com.