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Wright Express to Manage Orpak CoBrand Program
South Portland, ME), May 23, 2007 – Orpak Systems Ltd. (LSE:ORPK), an innovative manufacturer and marketer of end-to-end systems for the fuel retail market and the fleet management sector and automated refueling and payment systems based on Vehicle Identification, has selected Wright Express (NYSE:WXS), a leading provider of payment processing and information management services to the U.S. commercial and government vehicle fleet industry to manage its unique, co branded fuel program.
“We're delighted that Orpak selected Wright Express to manage its fuel program,” said David Maxsimic, Senior Vice President Sales and Marketing at Wright Express. “We welcome the opportunities created by Orpak's ability to authorize and control the dispensing of products to fleet vehicles from any locations that have the FuelOpass technology, and we're excited about the flexibility of the FuelOpass software products and services suite of products.”
Orpak's purchase device (ring device) is accepted at FuelOpass® locations that have the specific software installed that recognizes the ‘purchase – ring device. This proprietary, closed network aligns comprehensive fuel management with customized reporting and control tools, providing in depth, fleet-specific data collection and reporting tools that allow fleet managers to more efficiently and economically manage their fleets, improve operational efficiencies, minimize fraud and reduce costs. Under the agreement, Wright Express will provide Orpak with collections, credit, merchant payment and settlement, and fleet online payment support.
About Orpak Systems Ltd
Orpak Systems Ltd. (LSE:ORPK) develops, manufactures and markets end-to-end solutions for the automation of fuel stations and fleet management. Orpak is a market leader in automated refueling systems that incorporate fuel payment based on vehicle identification. Using advanced technologies to meet customer requirements, Orpak's solutions integrate forecourt automation and management, convenience-store management systems, commercial and retail sales solutions, and fuel delivery systems. The Company's solutions are designed to benefit customers through enabling fuel savings, preventing fuel fraud, maximizing loyalty programs and providing other advanced services that increase profitability.
Orpak's products are deployed in more than 8,400 fuel stations and 1.6 million vehicles in 30 countries across the globe and are distributed through an international network of subsidiaries and partners.
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.
Orpak Contact Information:
Mr. Pete Moyer
Tel: 757 721 2802
Mr. Oz Goren
Tel: +972-3-577 6868
Wright Express Contact Information: