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Wright Express and Merchants Leasing form Alliance

SOUTH PORTLAND, MAINE (November, 2003) — Wright Express has reached an agreement to develop and manage a joint fleet card program, through a strategic alliance with Merchants Leasing, an independent, nationwide automotive leasing company.

As part of the new five-year cobranded arrangement, Wright Express, the nation's leading provider of fuel cards and fleet management services, will service more than 3,100 new cards and add more than 200 new accounts to its cobrand portfolio.
New Hampshire-based Merchants Leasing provides a single source for all commercial vehicle leasing needs, regardless of size, and uses the slogan, "Any Vehicle, Any Quantity, Anywhere!"

Merchants Leasing strives to provide superior customer service and develops programs that are tailored to customer needs. The company offers all-inclusive, closed-ended leasing programs that include insurance, license and title programs as well as a high level of customer service. The company follows a three-point plan to trouble-free leasing: professional design, implementation, and management.

"Merchants Leasing is a great cobrand partner for us," said Gary Robbins, Vice President and General Manager, Partner and Merchant Acquisition at Wright Express. "Both of us pride ourselves on superior customer service and providing customized programs that are tailored to the needs of the customers."

Wright Express cobrand programs are designed for companies that already provide vehicle-related services to the commercial market. Once a fleet card program is developed, Wright Express provides the level of service, including billing and customer service, desired by the company. The Wright Express logo and that of the cobrand partner appear on every card.
"It is critical to our business that our partners provide the same high level of service that we provide our customers," said Robert Singer, Chief Operating Officer of Merchants Leasing. "Clearly, Wright Express has the reputation as a company that develops strong relationships with partners and customers and one that provides the best fleet card programs in the industry."

South Portland-based Wright Express is the leading provider of fleet charge cards to the fleet maintenance and fueling industry with cards accepted at more than 160,000 locations. Wright Express also provides information management, payment processing, and financial services to fleets through card partnerships with oil companies and fleet management companies. Through its own universal card program, its partners' card programs and its MasterCard program, Wright Express has over four million commercial cards in its markets. Wright Express LLC, a subsidiary of Cendant Corp., employs more than 640 people at its headquarters in South Portland, Maine and its subsidiary in Salt Lake City.

For more information, please visit www.wrightexpress.com

©2003 Wright Express, LLC. All rights reserved.