|View printer-friendly version|
Wright Express Announces New Private Label Program Enhancements
Private Label Program Now Offers Acceptance at Selected Service merchants
SOUTH PORTLAND, Maine, July 19, 2007 -- Wright Express Corporation (NYSE: WXS), a leading provider of payment processing and information management services to the U.S. and Canadian commercial and government fleet industry, announces the launch of Enhanced Acceptance for its Private Label oil company relationships (PL EA).
The Private Label Enhanced Acceptance feature allows the company's Private Label relationships to open up their cards for service at selected Wright Express accepting service merchants. The program is launching with five national service merchants, including Sears, Pep Boys, Cross Country, Valvoline and Bridgestone/Firestone, and additional new service merchants to be added to the program in the future.
“Enhanced Acceptance allows our Private Label relationships to offer consolidated billing for vehicle related expenses beyond fuel,” said David Maxsimic, Senior Vice President, Sales and Marketing. “Fuel and maintenance expenses are the largest variable costs for fleets. Wright Express recognizes this and is pleased to respond to the needs of smaller fleets with an easy solution to consolidate these expenses.”
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 approximately 295,000 commercial and government fleets containing 4.3 million vehicles. Wright Express markets these services directly as well as through more than 125 strategic relationships, and offers a MasterCard-branded corporate card. The Company employs more than 675 people and maintains its headquarters in South Portland, Maine. For more information about Wright Express, please visit http://www.wrightexpress.com.