Press Release Details

PARSIPPANY, N.J., April 7, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) has been named one of America's Top Corporations for Women's Business Enterprises (WBEs) by the Women's Business Enterprise National Council (WBENC). The national recognition honors corporations for world-class supplier diversity programs that reduce barriers and drive growth for Women's Business Enterprises. Avis Budget Group has been recognized by WBENC for supplier excellence each year since the Company launched its supplier diversity program and is one of only five companies that have appeared on the list for each of the last 15 years.

"WBENC's Top Corporations set the standard for enabling women suppliers to access increased opportunities in new markets — both domestically and internationally," said Pamela Prince-Eason, president and chief executive officer of WBENC. "We congratulate Avis Budget Group for their continued commitment to women's business enterprises and are excited to honor them again as one of America's Top Corporations."

Avis Budget Group was one of 51 U.S. companies named to the annual Top Corporations listing for 2014. Others recognized include Chevron, General Mills, General Motors Company, Lockheed Martin Corporation, PepsiCo, Inc., Pfizer Inc. and UPS.

"Diversity is a critical component of any business, but at Avis Budget Group, it's a key element in the way we conduct business on a daily basis," said Ronald L. Nelson, chairman and chief executive officer, Avis Budget Group. "We value the role that diversity among our employees, suppliers and partners plays in our success and we're proud to be recognized once again for our hard work and dedication."

About Avis Budget Group

Avis Budget Group, Inc. is a leading global provider of vehicle rental services, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 175 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than 900,000 members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com. 

About WBENC

Founded in 1997, WBENC is the leading third-party certifier of businesses owned and operated by women, with over 12,000 WBENC-Certified WBEs. WBENC-Certification is accepted by more than 1,000 corporations representing America's most prestigious brands, in addition to many states, cities and other entities. Throughout the year, WBENC and its 14 Regional Partner Organizations provide opportunities for interactions between more than 650 member corporations, government agencies and thousands of certified WBEs at business building events and other forums. WBENC is a 501(c)(3) nonprofit organization that seeks and accepts donations from corporations, foundations and individuals that support its mission and programs. For more information, please go to www.wbenc.org.

CONTACT: Alice Pereira

         (973) 496-3916

         PR@avisbudget.com