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Avis Budget Group Named To Supplier Diversity Hall Of Fame

PARSIPPANY, N.J., Dec. 12, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group has been inducted into the Women's Business Enterprise (WBE) Hall of Fame for its ongoing support of women-owned businesses. Presented by the American Institute of Diversity and Commerce, the national award honors companies, organizations and individuals that have demonstrated exemplary leadership and support in the success of women's business enterprise initiatives.

"We are committed to operational excellence and that entails embracing diverse suppliers," said Ronald L. Nelson, Avis Budget Group chairman and chief executive officer. "This commitment has enabled us to form great partnerships with hundreds of women-owned, minority-owned and small-businesses who have contributed to our success. We are proud to be named to the Hall of Fame."

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 12 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. (Nasdaq:CAR) is a leading global provider of vehicle rental services through its Avis and Budget brands, with 10,000 rental locations in approximately 175 countries around the world. 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 29,000 employees and is headquartered in Parsippany, N.J. For more information, visit www.avisbudgetgroup.com.

The Avis Budget Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8891

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

Avis Budget Group, Inc. Logo

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