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Avis Named Top Logistics & Transportation Company In InformationWeek

21 September 2000

Avis Group Named Top Logistics & Transportation Company In InformationWeek 500 Ranking of Leading Technology Users

     Avis Group Among Top 20 of All 500 Companies Covering 24 Industries;
      Cited for Ability to Leverage Technology Across Multiple Divisions

    GARDEN CITY, N.Y., Sept. 21 Avis Group Holdings, Inc.
, a world leader in comprehensive automotive transportation and
vehicle management solutions, has been named the top logistics and
transportation company in the latest InformationWeek 500 rankings of the most
innovative technology users across 24 industries.
    Among all 500 companies, Avis Group was ranked 19th for its technical
innovation and was also the only firm with major car rental operations to
place within the top 200.
    InformationWeek requires chosen companies to "demonstrate a pattern of
technological, procedural and organizational innovation." Firms are selected
after an extensive mail, phone and fax study, and a survey of company
information technology executives to review organizational priorities and
spending plans for the year ahead.
    In a story accompanying the rankings, the magazine cited Avis Group's
ability to leverage technology across multiple divisions by using "the talent
and expertise of the companies it acquired," including the 1999 acquisitions
of PHH, the world's second-largest fleet management and leasing company, and
Wright Express, the world's largest fleet card provider.  As an example,
InformationWeek focused on Avis Group's ability to leverage PHH
InterActive(R), an interactive, business-to-business extranet that lets
customers access a wide range of fleet information via the Internet.  The PHH
InterActive platform was used to develop and launch Avis InterActive, the car
rental industry's first and only Internet-based information system to provide
corporate customers with aggregated information on car rental expenses and
utilization, as well as specific renter preferences.
    "When it comes to technology, Avis Group holds a widening lead over its
competitors, thanks to our individual achievements at Avis Rent A Car, PHH and
Wright Express, and the ability of our people to move technology across
multiple divisions for the benefit of all customers," said A. Barry Rand, Avis
Group Chairman and Chief Executive Officer.  "It's a distinction that sets
Avis apart and puts us in the ranks of the world's most advanced companies.
It is also a well-deserved honor for our information technology team and
thousands of Avis Group employees who use new technologies to better serve our
customers."  Joining Avis Group among the top 20 companies cited by
InformationWeek were firms such as 3Com, Compaq, Cisco Systems and Sprint.
Following Avis in the logistics and transportation rankings were companies
such as Continental Airlines, FedEx, Delta Airlines and UPS.  The rankings are
available at http://www.informationweek.com.
    This is one of a number of technology honors for Avis Group, whose PHH
division became one of 100 companies to receive CIO magazine's CIO-100 Award
in August for demonstrating "excellence, innovation and improved business
performance through the use of customer-oriented practices."  PHH was honored
for "making the customer central to doing business and setting the benchmarks
for others to follow," and it has also received the ComputerWorld Smithsonian
Awards Laureate Medal, the InformationWeek e-Business 100 Award and the CIO
Web Business 50/50 Award.