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Wright Express Issued Private Letter Ruling For Federal Diesel Excise Tax
South Portland, Maine – July 15, 2005 – Wright Express Corporation (NYSE: WXS) announced that Wright Express Fueling Solutions Inc. (an affiliate of Wright Express Corporation), was recently issued a Private Letter Ruling by the United States IRS acknowledging Fueling Solutions as a qualified Ultimate Vendor in order to facilitate Federal diesel excise tax exemptions on behalf of eligible tax-exempt fleet customers. Through this program, eligible fleets are invoiced net of Federal diesel excise tax and provided with applicable transaction reporting, saving them time and money in the administration and recovery of this tax.
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 285,000 commercial and government fleets containing approximately 3.9 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.