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Gate Petroleum Company Renews Contract with Wright Express
SOUTH PORTLAND, Maine, Oct. 18 /PRNewswire-FirstCall/ -- Gate Petroleum Company has executed a three-year contract extension with Wright Express Corporation (NYSE: WXS). Wright Express, a leading provider of payment processing and information management services to the U.S. commercial and government fleet industry, provides Gate Petroleum with a card product that carries the Gate petroleum brand only, with Wright Express as the silent, full-service operation that backs it.
"We are pleased that Gate Petroleum, a premier convenience store retailer in the southeast, chose to renew its private label contract with us," said Michael E. Dubyak, President and CEO of Wright Express. "Gate's private label card offering has been, and will continue to be, an attractive way for business fleets in Gate's geographic markets to make it easier to control the increased costs of fuel. Wright Express is committed to providing the expanded portfolio reporting, web-based solutions and comprehensive purchase controls that help our strategic partners' fleet customers better manage drivers' purchases."
Gate, headquartered in Jacksonville, Florida, operates 150 state-of-the- art service stations, many with convenience stores, in seven southeastern states. The sites also accept the Wright Express Universal fleet card. A major user of Wright Express fuel card services, Gate has had a relationship with Wright Express since 1999.
About Wright Express
Wright Express is a leading provider of payment processing and information management services to the U.S. commercial and government vehicle fleet industry. Wright Express provides these services for more than 290,000 commercial and government fleets containing more than 4 million vehicles. Wright Express markets these services directly as well as through more than 85 strategic relationships, and offers a MasterCard-branded corporate card. The Company employs more than 640 people and maintains its headquarters in South Portland, Maine. For more information about Wright Express, please visit http://www.wrightexpress.com.
SOURCE Wright Express
CONTACT: News: Jessica Roy, +1-207-523-6763,
Investor: Steve Elder, +1-207-523-7769,
both of Wright Express