March 26, 2018

Avis Budget Group Garners Supplier Diversity Accolades

PARSIPPANY, N.J., March 26, 2018 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) has been recognized for its continued efforts in promoting opportunities for disadvantaged, minority and women-owned businesses.

Avis Budget Group was named one of America's Top Corporations for Women's Business Enterprises by the Women's Business Enterprise National Council (WBENC). Now in its 18th year, the nationwide recognition celebrates companies that have strategically implemented processes and driven results to support sustainable inclusion for women's business enterprises in the corporate and government supply chains. Avis Budget Group is the only car rental company to earn a spot on the annual listing, and has been featured on the selective list for 17 consecutive years.

In addition, Avis Budget Group has been selected as one of America's Top 50 Organizations for Multicultural Business Opportunities. Bestowed by Omnikal business members, the annual listing known as the "Omni50," recognizes companies for supporting entrepreneurs throughout the United States. Avis Budget Group was once again the only car rental company to garner the accolade, and this year marks the ninth time that the Company has achieved the recognition. Omnikal was formerly known as DiversityBusiness.com.  

"In our continued effort to drive mobility forward — and toward a world where mobility is completely connected, integrated and on-demand — it is imperative that we have strong partners across our supplier network," said Larry De Shon, president and chief executive officer, Avis Budget Group. "By collaborating with disadvantaged, minority and women-owned businesses, we are better-positioned to deliver our world-class products and services to millions of customers around the globe. We're honored to receive these prestigious awards."

About Avis Budget Group
Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 31,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.

Contact: Alice Pereira
(973) 496-3916     
PR@avisbudget.com


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