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Zipcar Acquires Leading Car Sharing Service In Austria, CarSharing.at

About CarSharing.at CarSharing.at is a leading car sharing company in Austria and provides just under 200 vehicles on an hourly and kilometer based rate, with fixed pick-up and return locations. There are around 100 sites in Austria with a strong presence in Vienna. The company serves 10,000 business and individual customers, who have access to the wide range of vehicles from compact to premium class. CarSharing.at successfully entertains co-operations with transportation providers such as ÖBB, Wiener Linien and the main public transport companies in the federal states as well as with large retail group REWE or the Unicredit Bank Austria. More information is available at www.casharing.at.

About Zipcar Zipcar is the world's leading car sharing network with more than 700,000 members and 9,000 vehicles in urban areas and college campuses throughout the United States, Canada, the United Kingdom, Spain and Austria. Zipcar offers more than 30 makes and models of self-service vehicles by the hour or day to residents and businesses looking for an alternative to the high costs and hassles of owning a car. More information is available at www.zipcar.com.  Photos and b-roll footage are available for media purposes at www.zipcar.mediaroom.com .

Zipcar and the Zipcar logo are trademarks of Zipcar, Inc.  All other trademarks used herein are the property of their respective owners.

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks, uncertainties and other factors, including statements with respect to the potential car sharing market in Vienna, our planned build out of a car sharing network across Europe, the continued growth of the car sharing category and our presence across Europe and the market for car sharing in Europe.  Among the factors that could cause our actual results to differ materially from those indicated by such forward-looking statements include our ability to profitably attract new members and retain existing customers, our ability to successfully integrate acquired businesses, adverse economic conditions in general and adverse economic conditions specifically affecting the markets in which we currently or in the future may operate, our ability to compete effectively, our ability to expand into new geographic markets, and our ability to manage growth and other risks detailed in our publicly available filings with the Securities and Exchange Commission. All forward-looking statements reflect our expectations only as of the date of this release and should not be relied upon as reflecting our views, expectations or beliefs at any date subsequent to the date of this release.

SOURCE Zipcar, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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