Reflects Company's new, international brand as a leading corporate
payment solutions provider
SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Apr. 3, 2013--
WEX Inc. (NYSE: WXS), a leading provider of corporate payment solutions,
today announced that it will change its ticker symbol on the New York
Stock Exchange to “WEX” from “WXS.” The change will become effective at
the start of trading on April 15, 2013.
“We are delighted to begin trading under the ticker symbol ‘WEX’,” said
Michael E. Dubyak, chairman, president and CEO of WEX Inc. “WEX better
reflects our new brand built off of our company values of integrity,
innovation and execution. In addition, it reinforces our brand
recognition in the marketplace.”
Since its beginnings as a fleet card provider in 1983, through a
successful initial public offering in 2005, WEX Inc. has grown to become
an international company with 2012 revenues of approximately $623
million.
About WEX Inc.
WEX Inc. (NYSE: WXS) is a leading provider of corporate payment
solutions. From its roots in fleet card payments beginning in 1983, WEX
has expanded the scope of its business into a multi-channel provider of
corporate payment solutions representing more than 7.6 million
cardholders and offering exceptional payment security and control across
a wide spectrum of business sectors. The Company’s operations include
WEX Bank, Fleet One, Pacific Pride, rapid! PayCard, Wright Express
Prepaid Cards Australia, Wright Express Fuel Cards Australia, Wright
Express New Zealand and CorporatePay Limited, England, as well as a
majority equity position in UNIK S.A., Brazil. WEX and its subsidiaries
employ more than 1,300 associates. For more information about WEX,
please visit www.wexinc.com.
Source: WEX Inc.
WEX Inc.
News media contact:
Jessica Roy,
207-523-6763
Jessica.Roy@WEXInc.com
or
Investor
Relations contact:
Michael E. Thomas, 207-523-6743
Michael.Thomas@WEXInc.com