Press Release Details

Avis Recognized for Excellence by Texas Instruments

May 12, 2011 at 12:00 AM EDT

PARSIPPANY, N.J., May 12, 2011 (GLOBE NEWSWIRE) -- Avis Rent A Car has been selected by Texas Instruments (TI) as a 2010 Supplier Excellence Award recipient in recognition of the Company's dedication and commitment to supplying products and services that meet TI's high standard for excellence. Avis was among 16 award recipients selected from TI's worldwide supplier base of more than 12,000 companies. TI's Supplier Excellence Award winners are chosen for their exemplary performance in the areas of "cost, environmental responsibility, technology, responsiveness, assurance of supply and quality."

"We are 'in the business of treating people like people,' and as such, we strive to provide all our customers with quality products and excellent service," said Bob Lambert, senior vice president of global account sales for Avis Budget Group, parent company of Avis. "We are proud to receive TI's Supplier Excellence Award for our dedication to delivering superior service."

"Avis has been a TI preferred supplier for more than 20 years, based upon their consistent service and support," said Rob Simpson, vice president of worldwide procurement and logisitics at TI. "Avis delivers top notch customer service, including timely problem resolution, and the supply to meet our demands. I congratulate them for their achievements in supplier excellence."

Avis provides corporate accounts with best-in-class travel management tools, from Avis Interactive, the car rental industry's first Internet-based reporting system, to a carbon dioxide emissions calculator to help companies measure the environmental impact from their rental car use. The Company is committed to enhancing the rental experience for its customers and is a leader in offering technology solutions that make travel easier, such as the Avis iPhone mobile application that allows travelers to make, check or change reservations from anywhere. In addition, Avis utilizes feedback systems such as Voice-of-the-Customer surveys that are aggregated and delivered to field location managers in real-time to enable immediate response to customer suggestions. This customer feedback led the Company to become the first in the industry to offer a 100 percent smoke-free fleet.

About Avis

Avis Rent A Car System, LLC and its subsidiaries operate one of the world's leading car rental brands, providing business and leisure customers with a wide range of services at approximately 2,100 locations in the United States, Canada, Australia, New Zealand and the Latin American/Caribbean region. Avis is one of the world's top brands for customer loyalty, ranking as the number one car rental company in the Brand Keys® Customer Loyalty Engagement Index for the past twelve years. The company is a wholly owned subsidiary of Avis Budget Group, Inc. (Nasdaq:CAR).  For more information, visit www.avis.com.

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CONTACT: Alice Pereira
         973.496.6113
         alice.pereira@avisbudget.com