AVIS BUDGET GROUP RECEIVES SUPPLIER DIVERSITY HONOR FROM WOMEN'S BUSINESS ENTERPRISE NATIONAL COUNCIL
Company Honored for Seventh Consecutive Year
Parsippany, NJ Mar 8, 2007 - Avis Budget Group, Inc. (NYSE: CAR), parent company of Avis Rent A Car and Budget Rent A Car, today announced that it has been recognized by the Women's Business Enterprise National Council (WBENC) as one of the 2006 America's Top Corporations for Women's Business Enterprises. Avis Budget is one of only 16 corporations nation-wide being honored by WBENC this year for world-class supplier diversity programs that provide women's business enterprises equal access to corporate contracts for goods and services.
"WBENC is happy to honor Avis Budget Group for the seventh consecutive year," said Linda Denny, WBENC interim president. "This consistency of excellence demonstrates that once a company embeds best practices in its organization and its culture, it can sustain and enhance its success year after year."
"We are proud to receive this prestigious acknowledgment from WBENC," said Ronald L. Nelson, chairman and chief executive officer of Avis Budget Group. "We embrace diversity across all aspects of our company and remain committed to enhancing opportunities for women's business enterprises."
The Women's Business Enterprise National Council (WBENC), founded in 1997, is the nation's leading advocate of women-owned businesses as suppliers to America's corporations. It also is the leading third-party certifier of businesses owned and operated by women in the United States. WBENC works to foster diversity in the world of commerce with programs and policies designed to expand opportunities and eliminate barriers in the marketplace for women business owners. WBENC works with representatives of corporations to encourage the utilization and expansion of supplier/vendor diversity programs. For more information, visit www.wbenc.org.
About Avis Budget Group, Inc.
Avis Budget Group is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the Company is the largest general-use vehicle rental operator in each of North America, Australia, New Zealand and certain other regions. Avis Budget Group is headquartered in Parsippany, N.J. and has more than 30,000 employees. For more information on Avis Budget Group, visit www.avisbudgetgroup.com.