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PHH Arval Launches First Real-Time Telematics Performance Dashboard

Helps users track and reduce fleet fuel consumption, enhance operational performance

SPARKS, Md., Nov. 9 -- PHH Arval, a subsidiary of PHH Corporation , launched a new performance dashboard powered by PHH Onboard(R), a telematics-powered service offered by the company. The PHH Onboard dashboard is the first of its kind in the fleet industry, providing at-a-glance information that integrates data collected from in-vehicle telematics devices with fleet information contained in PHH Arval's extensive data warehouse. The information helps clients track telematics data in real-time and put proactive policies in place that can lead to increased driver safety, reduced fuel consumption, and enhanced operational performance. The PHH Onboard dashboard is accessed online via PHH InterActive Dashboard, a comprehensive suite of dashboard applications available to PHH Arval clients.

This first release of the PHH Onboard dashboard gives managers instant access to summarized benchmark results in the following key areas:

  -- Fuel performance. Idle time and miles per gallon (MPG) performance are
     principle contributors to fuel efficiency.  Clients can view both idle
     time and MPG side-by-side to see the impact for their fleet from
     various angles and make decisions that help lower fuel consumption and
     its resulting costs.  PHH Onboard documents fuel savings of 10% or more
     for vehicles in which the telematics device has been installed.

  -- Operational performance. Clients can easily identify peak vehicle usage
     and find out if vehicles are driven after hours or during unauthorized
     times.  The PHH Onboard dashboard helps managers control unauthorized
     use - which impacts not just fuel consumption, but also driver safety -
     and substantiates personal use mileage reporting.

The PHH Onboard dashboard is part of PHH Arval's ongoing plan to continually enhance the functionality and effectiveness of telematics technology.

About PHH Arval

PHH Arval is the second-largest fleet management services provider(1) in the United States and Canada combined. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies, and government agencies. Through consultative expertise, flexible customer service, and award-winning Internet technology, PHH Arval helps clients reduce costs and increase productivity. For more information, visit http://www.phharval.com/, or call 800 ONLY PHH.

About PHH Corporation

Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary PHH Mortgage is one of the top ten retail originators of residential mortgages in the United States(2), and its subsidiary PHH Arval is the second-largest fleet management services provider in the United States and Canada. For additional information on the company and its subsidiaries, please visit http://www.phh.com/.

(1) Automotive Fleet Fact Book, Copyright 2006

(2) Inside Mortgage Finance, Copyright 2006