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Press release from GlobeNewswire (a Nasdaq OMX company)

Avis Budget Group Named to Supplier Diversity "Best of the Best" List

Tuesday, September 24, 2013

Avis Budget Group Named to Supplier Diversity "Best of the Best" List

08:30 EDT Tuesday, September 24, 2013

PARSIPPANY, N.J., Sept. 24, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced that its supplier diversity program has been recognized among the nation's top programs for women business owners. Presented by Professional Woman's Magazine (PWM), the annual "Best of the Best" evaluation seeks to encourage active outreach and diversity policies among corporations and government agencies, and bring the latest information and guidance to PWM readers.

"Today women make up the majority of professional workers in the United States. Organizations that are the 'Best of the Best' harness the power that women bring to the workplace," said Mona Lisa Faris, president and publisher, Professional Woman's Magazine. "They know that diversity breeds innovation, flexibility and inventiveness."

The 2013 "Best of the Best" list was compiled from market research, independent research, diversity conference participation and surveys conducted by DiversityComm's agents and/or affiliates. Professional Woman's Magazine is published by DiversityComm.

"Identifying and integrating women-owned businesses into our vendor base is a cornerstone of our supplier diversity program," said Ronald L. Nelson, chairman and chief executive officer, Avis Budget Group. "We are proud to be recognized for our continuous effort, and are honored to be named one of the nation's best supplier diversity programs for women."

Avis Budget Group has a long-standing tradition of supporting diverse suppliers. The Company is a member of the Women's Business Enterprise National Council (WBENC) and has been recognized as one of America's Top Corporations for Women's Business Enterprises for 13 consecutive years. Avis Budget Group is also a corporate member of the Airport Minority Advisory Council, the Billion Dollar Roundtable, the Hispanic Chamber of Commerce of Wisconsin, the New York & New Jersey Minority Supplier Development Council, Inc., the National Minority Supplier Development Council, the United States Hispanic Chamber of Commerce, the United States Pan Asian American Chamber of Commerce, WEConnect Canada, the Women's Presidents' Educational Organization and the Women Presidents' Organization.

About Avis Budget Group

Avis Budget Group, Inc. is a leading global provider of vehicle rental services, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 175 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than 810,000 members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.

About Professional Woman's Magazine

Professional Woman's Magazine covers news information ranging from professional concerns to civic affairs, trends, diversity, careers and business. Every issue includes education, finance, health, technology, travel, the arts and family issues that impact the professional woman. PWM provides the latest, most important diversity news, covering virtually every industry, business and profession. This includes up-to-date statistics on workforce diversity, as well as business-to-business trends. PWM offers both recruitment and business opportunities, along with accurate, timely conferences and event calendars, and, just as importantly, spotlights inspiring role models and notable mentors. PWM is a WBENC-certified company.

CONTACT: Alice Pereira
(973) 496-6113
PR@avisbudget.com

Avis Budget Group, Inc. Logo

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