Niels Kristian Nielsen Joins Wright Express International Operations as Chief Solutions Architect
SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Jun. 23, 2009--
Building on its acquisition of international capabilities in 2008,
Wright Express (NYSE: WXS) announced an expansion of its international
operations by establishing an agreement with CSC to provide hosting
services for the Wright Express International Fleet Card System. The
agreement reinforces Wright Express’ international fleet card processing
solution and services with CSC’s data center and application hosting
expertise in Europe.
The Company concurrently announced that Niels Kristian Nielsen has
joined the Wright Express International Operations group as its
Europe-based chief solutions architect. Nielsen is responsible for
developing the Company’s business and functional requirement
specifications for Europe, and will be working closely with CSC to
implement and support Wright Express’ international fleet card
processing capabilities in that region. Prior to joining Wright Express,
Nielsen worked with numerous oil companies designing and implementing
best-in-class payment processing solutions. He most recently served as
senior IT architect at IBM Denmark.
“Reaching this agreement with CSC and adding Niels Nielsen are the next
of many steps Wright Express will take as we build our international
operations and address the needs of global customers,” said Joe
Czternastek, general manager, International Operations. “Our arrangement
with CSC will provide us with a best- in-class solution and allow us to
gain economies of scale as we attract new business in Europe and other
international markets. Bringing more than 24 years experience within the
IT industry working with application and integration architecture and
solutions, Niels Nielsen will be a valuable addition to our team as we
develop our international processing infrastructure.”
About Wright Express
Wright Express is a leading global provider of payment processing and
information management services. Wright Express captures and combines
transaction information from its proprietary network with specialized
analytical tools and purchasing control capabilities in a suite of
solutions that enable fleets to manage their vehicles more effectively.
The Company's charge cards are used by commercial and government fleets
to purchase fuel and maintenance services for approximately 4.7 million
vehicles. Wright Express markets its services directly to fleets and as
an outsourcing partner for its strategic relationships and franchisees.
The Company's business portfolio includes a MasterCard-branded corporate
card as well as TelaPoint, a provider of supply chain software solutions
for petroleum distributors and retailers, and Pacific Pride, an
independent fuel distributor franchisee network, as well as
international subsidiaries. For more information about Wright Express,
please visit www.wrightexpress.com.
About CSC
CSC is a global leader in providing technology-enabled solutions and
services through three primary lines of business. These include Business
Solutions & Services, Global Outsourcing Services and the North American
Public Sector. CSC’s advanced capabilities include systems design and
integration, information technology and business process outsourcing,
applications software development, Web and application hosting, mission
support and management consulting. Headquartered in Falls Church, Va.,
CSC has approximately 92,000 employees. For more information, visit the
company’s Web site at www.csc.com.
This press release contains forward-looking statements, including
statements regarding Wright Express Corporation’s plan to develop an
international business model. These forward-looking statements include a
number of risks and uncertainties that could cause actual results to
differ materially, including: changes in fueling methods in the
international market; volatility in fuel prices; future fueling
patterns; effects of competition; the potential loss of key strategic
relationships; decreased demand for fuel and other vehicle products and
services and the effects of general economic conditions on the
commercial activity of fleets; the Company’s ability to rapidly
implement new technology and systems; potential corporate transactions
including alliances, mergers, acquisitions and divestitures; achievement
of the expected benefits of the Company’s alliances, mergers and
acquisitions; and the other risks and uncertainties included from time
to time in the Company’s filings with the Securities and Exchange
Commission, including the annual report on Form 10-K filed on February
27, 2009, and the Company’s other periodic and current reports. Wright
Express Corporation undertakes no obligation to update these
forward-looking statements at any future date or dates.
Source: Wright Express Corporation
News media contact:
Wright Express
Jessica Roy,
207-523-6763
Jessica_Roy@wrightexpress.com
or
Investor
contact:
Steve Elder, 207-523-7769
Steve_Elder@wrightexpress.com