PHH Arval Announces Strategic Alliance With @Road to Enhance Wireless Capabilities; Agreement to Enhance PHH Technology Capabilities

    HUNT VALLEY, Md., March 30 PHH Arval, a subsidiary of
Cendant Corporation , announced today that it has formed a strategic
alliance with @Road, Inc. , a leader in mobile technology
solutions.  Under the agreement, the parties will promote and cross-market
their products and services to their existing and potential customers.
    In making the announcement, George J. Kilroy, President and CEO of PHH
Arval, said, "Our alliance with one of the leading companies developing
wireless technology is part of PHH's overall technology strategy.  There are
excellent cross-marketing opportunities for both companies, and our fleet
management clients will be able to take advantage of the latest in mobile
technology solutions for their emerging needs.  We are committed to being in
the forefront of technology advances that benefit our clients and their fleet
drivers."
    @Road is a publicly traded company based in Fremont, California.  Its
patented LocationSmart(TM) technology platform combines wireless, positioning
and XML technologies with the Internet into a fully integrated network that
supports the delivery of location-enhanced wireless Internet services for
businesses and mobile professionals.
    Bill Jones, Information Technology Project Manager at PHH Arval, says,
"PHH's e-Commerce team has been researching the wireless and telematics
industry for the past 18 months.  We identified @Road as a clear leader in
this emerging marketplace.  This alliance will enable PHH to provide increased
operating efficiency, driver safety and productivity, and services such as
vehicle locate, routing, and automated mileage capture.  It's an exciting
opportunity, and we're looking forward to capitalizing on the potential of our
new relationship with @Road."
    "We could not be more pleased to have entered into this strategic
relationship with one of the world's leading vehicle management companies,"
said Krish Panu, President and CEO of @Road.  "With PHH actively marketing and
promoting our solutions into its sizeable existing and future customer base,
we expect a significant impact on our base of subscribers.  In addition, we
believe that @Road can better serve the needs of its customers through the
comprehensive vehicle management services offered by PHH."

    About PHH
    Founded in 1946, PHH Arval is one of the world's leading vehicle
management companies.  A subsidiary of Cendant Corporation , PHH
Arval provides integrated leasing, management and card payment solutions to
thousands of corporate, government and service-related fleets, including
nearly one-third of the Fortune 500 companies.  In conjunction with Arval PHH,
its joint venture partner in Europe, PHH Arval manages over a million vehicles
worldwide.  Through consultative expertise, flexible personalized service and
award-winning Internet technology, PHH helps clients reduce costs and increase
productivity.  For more information, visit http://www.phh.com, or call
1-800-ONLY PHH.

    About @Road
    Based in Fremont, CA, @Road is a publicly held company that provides
location-enhanced wireless Internet solutions for mobile resource management.
Its patented LocationSmart technology platform combines wireless, positioning
and XML technologies with the Internet into a fully integrated network that
supports the delivery of location-enhanced wireless Internet services for
businesses and mobile professionals.  For more information, please visit the
company Web site at http://www.atroad.com.