Category: Press Release

NAPLES, Fla., May 19, 2014 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or the "Company"), the parent company of The Hertz Corporation, the world’s largest general use airport car rental company and a leading equipment rental company in the United States and Canada, today announced that it expects to issue a press release and hold a conference call detailing the Company’s 2014 first quarter earnings results on or before June 9, 2014.

The Company previously filed a Form 12b-25 because, as previously announced, additional work is required to complete the closing procedures associated with the first quarter of 2014 primarily related to evaluating the Company’s conclusions regarding the capitalization and timing of depreciation for certain non-fleet assets, allowances for doubtful accounts in Brazil as well as other items. The Company is working expeditiously to file the Form 10-Q and expects to file it on or before June 13, 2014.

Also as previously announced, the Company reaffirms its full year 2014 guidance which it issued on March 18, 2014.

ABOUT THE COMPANY
Hertz operates its car rental business through the Hertz, Dollar Rent A Car, Thrifty Car Rental, and Firefly brands from approximately 11,530 corporate and franchisee locations in North America, Europe, Latin and South America, Asia, Australia, Africa, the Middle East and New Zealand. Additionally, the Company operates the Hertz 24/7 hourly car rental business. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,070 corporate and franchisee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and is at approximately 130 major airports in Europe. Dollar and Thrifty have approximately 1,380 corporate and franchisee locations in approximately 75 countries and our Firefly brand has approximately 80 corporate and franchisee locations in eleven countries. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time by the magazine’s readers as the Best Car Rental Agency. Hertz also swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost® and unique cars and SUVs offered through the Company’s Adrenaline, Prestige, Green Traveler, and Dream Car Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release and in related comments by our management include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning the Company’s outlook, anticipated revenues and results of operations, as well as any other statement that does not directly relate to any historical or current fact. These forward-looking statements often include words such as "believe," "expect," "project," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar expressions. These statements are based on certain assumptions that the Company has made in light of its experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that the Company believes are appropriate in these circumstances. We believe these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and our actual results could differ materially from those expressed in the forward-looking statements due to a variety of important factors, both positive and negative.

Among other items, such factors could include: levels of travel demand, particularly with respect to airline passenger traffic in the United States and in global markets; the effect of our proposed separation of our equipment rental business and ability to obtain the expected benefits of any related transaction; significant changes in the competitive environment, including as a result of industry consolidation, and the effect of competition in our markets, including on our pricing policies or use of incentives; occurrences that disrupt rental activity during our peak periods; our ability to achieve cost savings and efficiencies and realize opportunities to increase productivity and profitability; an increase in our fleet costs as a result of an increase in the cost of new vehicles and/or a decrease in the price at which we dispose of used vehicles either in the used vehicle market or under repurchase or guaranteed depreciation programs; our ability to accurately estimate future levels of rental activity and adjust the size and mix of our fleet accordingly; our ability to maintain sufficient liquidity and the availability to us of additional or continued sources of financing for our revenue earning equipment and to refinance our existing indebtedness; our ability to integrate the car rental operations of Dollar Thrifty and realize operational efficiencies from the acquisition; the operational and profitability impact of the divestitures that we agreed to undertake in order to secure regulatory approval for the Dollar Thrifty acquisition; safety recalls by the manufacturers of our vehicles and equipment; a major disruption in our communication or centralized information networks; financial instability of the manufacturers of our vehicles and equipment; any impact on us from the actions of our franchisees, dealers and independent contractors; our ability to maintain profitability during adverse economic cycles and unfavorable external events (including war, terrorist acts, natural disasters and epidemic disease); shortages of fuel and increases or volatility in fuel costs; our ability to successfully integrate acquisitions and complete dispositions; our ability to maintain favorable brand recognition; costs and risks associated with litigation and investigations; risks related to our indebtedness, including our substantial amount of debt, our ability to incur substantially more debt and increases in interest rates or in our borrowing margins; our ability to meet the financial and other covenants contained in our Senior Credit Facilities, our outstanding unsecured Senior Notes and certain asset-backed and asset-based arrangements; changes in accounting principles, or their application or interpretation, and our ability to make accurate estimates and the assumptions underlying the estimates, which could have an effect on earnings; changes in the existing, or the adoption of new laws, regulations, policies or other activities of governments, agencies and similar organizations where such actions may affect our operations, the cost thereof or applicable tax rates; changes to our senior management team; the effect of tangible and intangible asset impairment charges; the impact of our derivative instruments, which can be affected by fluctuations in interest rates and commodity prices; and our exposure to fluctuations in foreign exchange rates. Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

The Company therefore cautions you against relying on these forward-looking statements. All forward-looking statements attributable to the Company or persons acting on the Company’s behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Hertz Global Holdings, Inc.

PARK RIDGE, N.J., May 19, 2014 /PRNewswire/ — As part of an ongoing reinvention of the car rental experience, The Hertz Corporation recently completed technological and logistical renovations at its Newark International Airport facility as part of a larger global effort. Making the rental experience the fastest, easiest and most valued in the industry, the newly renovated Newark location breaks the norm, bringing to life the integrated rental experience Hertz views as the future of travel. Hertz plans to replicate the experience throughout the year at Hertz’s top 50 U.S. airport locations, representing 70% of U.S. airport travelers. Most recently, Hertz completed renovations at its Frankfurt, Germany airport location and, to date, has renovated its San Diego and Shanghai airport locations, the Marble Arch location in central London, and Hertz’s Melbourne, Australia headquarters.

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"Hertz strives to achieve the highest level of satisfaction and efficiency, both at our locations and in our vehicles while traveling," commented Hertz Chairman and Chief Executive Officer, Mark P. Frissora. "Our team is always listening to our customers and working to surpass their needs and expectations, offering a top notch fleet of cars with superior technology such as NeverLost^®, which is why we are continuing to expand across the globe. The feedback has been outstanding and we hope to build on that as part of our mission to offer the best rental experience."

Designed by Jackman, a creative management consulting and activation company focused on retail reinvention, the facility makeovers take into consideration the common road trip staples, tools and services typically desired by travelers, and offer the following to help enhance the travel experience:

• On-Site Retail: Forget something? Customers can visit the on-site "Road Trip by Hertz" retail stations to stock up on food and drinks, and purchase essential road trip and travel supplies—everything from maps and sunscreen to charging cords and beach bags. The updated facilities also carry luggage, clothing and accessories to make their experience a one-stop-shop for both families and the business traveler.
• On-Site Technology Tools: After a long flight, in addition to recharging themselves with a drink or snack, customers can also take a break recharge their electronic equipment. Additionally, they can interact independently with an iPad station set up to access the latest travel apps, entertain kids with games, and book a Hertz reservation, among other things.
• On-Site Business Tools: Customers can print on-site and access FedEx directly inside the store to send important documents and packages.
• Increased Visibility for Rental Options: A ‘wall of cars’ showcasing unique and exciting rentals – such as the Hertz Penske GT in the U.S. – that have been added to raise visibility of the company’s expanding fleet options among customers, an further connect with car lovers.

The facility transformations also adhere to the company’s commitment to global sustainable practices, utilizing the best in sustainable design and construction, including achieving LEED certification, recycling and using solar panels to generate power. Highlights of sustainable practices include the use of energy efficient lighting and equipment, incorporating recycled building material and finishes into the building’s renovation, the recycling of automotive oils and tires, using zero-VOC paints, and installing water saving fixtures. Hertz’s Living Journey sustainability practices have produced 2.5M kWh of solar energy annually. With more than 75% of the company’s fleet getting 28+ MPGs the company offers a Green Traveler Collection that includes a variety of alternate fuel vehicles, including Electric Vehicles, Clean Diesels, Compressed Natural Gas vehicles and hybrids.

There are currently five locations that have been updated around the globe, with plans to continue transformations of current Hertz locations throughout the year. For more information, visit Hertz.com or follow Hertz on Facebook or Twitter.

About Hertz
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Our Dollar and Thrifty brands have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2013/14 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique vehicles offered through the Company’s Adrenaline, Prestige, Green Traveler, and Dream Car Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz 24/7TM hourly car rental business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the Company can be found at www.abouthertz.com.

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SOURCE The Hertz Corporation

LONDON, May 16, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), has announced that Hertz Car Sales Europe (www.hertzrent2buy.co.uk), the used car remarketing division of Hertz International, is an official sponsor of Murphy Prototypes for the 2014 European Le Mans Series and the 2014 Le Mans 24 Hours Race. The agreement with the endurance racing team and alternative powered vehicles manufacturer began with the April 19^th race in Silverstone, UK and continues across Europe as the 2014 Le Mans Series visits Italy, France, Austria and Portugal. The 24 Hour race at Le Mans, France on June 14th-15th is the highlight of endurance racing, with an attendance of over 245,000 people in 2013.

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Michel Taride, Group President, Hertz International, said; "The Le Mans Series is a captivating event with an amazing heritage and we are thrilled to announce our sponsorship of the Murphy Prototypes team for the duration of the 2014 European Le Mans Series. Through our partnership, Hertz Car Sales will be able to connect with car enthusiasts as well as the growing Le Mans Series fan base across Europe. Murphy Prototypes is a fantastic team and we look forward to being a part of their continued success throughout the season, continuing later this month in Italy."

The Murphy Prototypes driver line-up for the 2014 Series includes former Formula 1 driver and Sky Formula 1 presenter, Karun Chandhok, Marussia Formula 1 test driver, Rodolfo Gonzalez and GP2 Driver, Nathanael Berthon.

As part of the agreement, Hertz Car Sales branding will appear on the tailfin of Murphy Prototypes LMP2 Nissan V8-powered Oreca 03, the team truck, the mobile garage and all teamwear. The sponsorship will ensure significant broadcast media exposure for the Hertz Car Sales brand as well as a variety of corporate hospitality opportunities across Europe. Hertz Car Sales will also be supporting the Murphy Prototypes team via Facebook (Hertz Rent2Buy) and Twitter (#HertzRacing #HertzAlsoSellsCars).

Rui Ferreira, Vice President Fleet Remarketing, Hertz Car Sales, said: "Our association with Murphy Prototypes and Le Mans will be a great platform to showcase the Hertz Car Sales brand in Europe and beyond. A lot of people do not realize that Hertz is not just one of the world’s largest car rental providers; we also sell cars. We have thousands of well-maintained cars for sale, with the opportunity for consumers to enjoy an extended test drive before purchase with our unique Rent2Buy proposition. This partnership is a great way to raise awareness of Hertz Car Sales and Rent2Buy while supporting a successful and growing team."

Greg Murphy, Team Principal of Murphy Prototypes, said: "We are very excited to welcome Hertz Car Sales to the Murphy Prototypes team. Hertz Car Sales’ support will be invaluable to help us carry forward our success from the previous campaign and help us achieve our aim of winning the championship. The 2014 Le Mans Series is set to be as entertaining as ever and we are sure Hertz Car Sales’ involvement will help provide some added value for our fans."

The agreement follows Hertz Car Sales’ successful partnership with the Murphy Prototypes team during the final race of the 2013 European Le Mans Series, when the team won in a superb display with Brendon Hartley at the wheel.

Notes to Editors:

• The 2014 European Le Mans Series will continue at the Autodromo Enzo e Dino Ferrari race track in Italy on 18 May. Fans can keep up to date with all Murphy Prototypes and Hertz Car Sales developments by visiting www.murphyprototypes.com and on Twitter @murphyprototype.
• Hertz Rent2Buy is an online car sales program from Hertz Car Sales offering well maintained, late model vehicles to consumers at competitive, fixed prices. Prospective buyers can take an extended test drive of their chosen vehicle, with the rental costs not being charged if the car is purchased.
• For more information on Hertz Car Sales and Hertz Rent2Buy please visit www.hertzremarketing.co.uk and www.hertzrent2buy.co.uk.

The 2014 European Le Mans Series and the 24 Le Mans race

4 Hours of Silverstone
Silverstone Circuit, Silverstone, United Kingdom	19 April
4 Hour of Impola
Autodromo Enzo e Dino Ferrari, Imola, Italy	18 May
24 Hours of Le Mans
Circuit de la Sarthe, Le Mans, France	14 – 15 June
4 Hours of Red Bull Ring
Red Bull Ring, Spielberg, Austria	20 July
4 Hours of Le Castellet
Circuit Paul Ricard, Le Castellet, France	14 September
5 Hours of Estoril
Autodromo do Estoril, Estoril, Portugal	19 October

About Hertz Car Sales

Hertz Car Sales, the remarketing division of The Hertz Corporation, resells quality used cars through a variety of channels, including wholesalers, traders, retailers, auctions, and the Hertz Rent2Buy program. The division, which launched in 1977, offers a wide range of vehicles in a variety of makes and models, all maintained to the manufacturer’s standards with guaranteed mileage. The Hertz Car Sales service is available via convenient web-based platforms. Hertz Rent2Buy is an online car sales program from Hertz Car Sales that sells direct to consumers, offering well maintained, late model vehicles at competitive, fixed prices. Prospective buyers can take an extended test drive of their chosen vehicle, with the rental costs not being charged if the car is purchased. Financial assistance options are also on offer. More information is available at www.hertzremarketing.co.uk and www.hertzrent2buy.co.uk.

About Murphy Prototypes:

Murphy Prototypes is proud to have one of the fastest growing followings in the ELMS (European Le Mans Series) and the prestigious Grand Prix of Endurance, the 24 Hours of Le Mans. We embrace the opportunity social media provides to interact with our fans, why not join them?

The team, based in Dublin, Ireland, compete in the ultra-competitive LMP2 Prototype class – finishing 6th in class and 12th overall at last year’s 24 Hours of Le Mans despite a harrowing drop to 52nd position after an electrical problem. The team presently run an Oreca 03 chassis which is currently powered by a Nissan engine.

Hertz Press Contacts
Nicola Hanley
Ketchum
T: +44 (0) 207 611 3597
E: nicola.hanley@ketchum.com

Ian Savage
Ketchum
T: +44 (0) 207 611 3774
E: ian.savage@ketchum.com

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SOURCE The Hertz Corporation

NAPLES, Fla., May 14, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) is pleased to announce that its Dollar Rent A Car licensee won the Russell J. Bruno Award for outstanding service in auto rental, one of the highest honors in the industry. Doris Cassan, recipient of the award, owns Dollar licensee locations with her husband, James Cassan, in Portland, Ore. and Seattle, Wash., including the Portland International Airport and Seattle-Tacoma International Airport.

Doris Cassan received the award at the 2014 Car Rental Show, which took place in Las Vegas earlier this month. The Russell J. Bruno Award has been given at the Car Rental Show since 2004 and recognizes auto rental industry executives whose businesses provide outstanding service.

"We are thrilled Doris Cassan is this year’s recipient and not at all surprised, as she has built an outstanding reputation for Dollar in the Northwest U.S.," said Bob Barton, vice president of leisure brands and franchising for The Hertz Corporation. "Doris is a seasoned industry professional and a valued partner who has led the Dollar franchise in Portland and Seattle through many decades of success. This honor is well deserved."

The Cassans own one of the oldest and largest Dollar franchises, having opened their first location in 1968. They currently operate four locations throughout Seattle and Portland and serve on the Hertz Licensee Advisory Committee.

About Hertz
Hertz operates its car rental business through the Hertz, Dollar Rent A Car, Thrifty Car Rental, and Firefly brands from approximately 11,500 corporate, licensee and franchisee locations in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Additionally, The Company operates the Hertz 24/7 hourly car rental business. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 9,770 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and is at approximately 130 major airports in Europe. Dollar and Thrifty have approximately 1,410 corporate and franchisee locations in approximately 80 countries. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2013/14 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost® and unique cars and SUVs offered through the Company’s Adrenaline, Prestige, Green Traveler, and Dream Car Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

SOURCE The Hertz Corporation

NAPLES, Fla., May 13, 2014 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) (the "Company," "Hertz" or "we"), the parent company of The Hertz Corporation, the world’s largest general use airport car rental company and a leading equipment rental company in the United States and Canada, today announced that the Company filed a Form 12b-25 with the U.S. Securities and Exchange Commission to obtain additional time within which to file its Form 10-Q for the period ended March 31, 2014 (the "Quarterly Report").

The Company is filing a Form 12b-25 because, as previously announced, additional work is required to complete the closing procedures associated with the first quarter of 2014 primarily related to evaluating the Company’s conclusions regarding the capitalization and timing of depreciation for certain non-fleet expenditures. As a result, the Company was unable to complete the Quarterly Report by the prescribed May 12, 2014 due date. The Company currently expects to file the Quarterly Report within the 5 day extension period, on or before May 19, 2014, however, there can be no assurance that the Company will meet that deadline.

During the course of its preparation of the Quarterly Report, the Company identified certain errors relating to prior periods which may require the Company to restate its previously issued financial statements for 2011. The Company does not believe that the adjustments to the 2013 and 2012 periods are material and does not expect that these errors will require it to restate its previously issued financial statements for those two years. For 2011, the Company expects these estimated adjustments, which pertains to charges related to certain non-fleet assets, allowances for doubtful accounts in Brazil as well as other items will be as follows (in millions):

	As Previously Reported*	Adjustment	As Adjusted
2011:
Pre-tax income	$305.6	$(8.0) – $(16.0)	$297.6 – $289.6
Net income	$183.8	$(4.9) – $(9.8)	$178.9 – $174.0

* Previously reported in our annual report on Form 10-K/A for the year ended December 31, 2013 and which were previously revised therein.

Management is continuing to review these matters to determine if it needs to make any changes to its internal control over financial reporting and disclosure controls and procedures. The Company will consider the effect of these errors on its prior conclusions regarding the Company’s internal control over financial reporting and disclosure controls and procedures.

In conjunction with filing its Form 10-Q, the Company intends to announce its 2014 first quarter results. The Company will issue a press release detailing the date and time of the associated conference call and webcast.

OUTLOOK

The Company reaffirms its full year 2014 guidance which it issued on March 18, 2014. In 2014, the Company expects to generate worldwide revenues in the range of $11.40 billion – $11.70 billion, Corporate EBITDA in the range of $2.06 billion – $2.42 billion, adjusted pre-tax income in the range of $1.21 billion – $1.43 billion, adjusted net income in the range of $785 million – $925 million, adjusted diluted earnings per share in the range of $1.70 – $2.00 and free cash flow in the range of $550 million to $650 million.

USE OF NON-GAAP FINANCIAL MEASURES

Corporate EBITDA represents EBITDA as adjusted for car rental fleet interest, car rental fleet depreciation and certain other items. EBITDA is defined as net income before net interest expense, income taxes and depreciation (which includes revenue earning equipment lease charges) and amortization. Adjusted pre-tax income is calculated as income before income taxes plus non-cash purchase accounting charges, non-cash debt charges relating to the amortization of debt financing costs and debt discounts and certain one-time charges and non-operational items. Adjusted net income is calculated as adjusted pre-tax income less a provision for income taxes derived utilizing a normalized income tax rate and noncontrolling interest. Adjusted diluted earnings per share is calculated as adjusted net income divided by the weighted average diluted shares outstanding for the period. Free cash flow is calculated as net cash provided by operating activities less revenue earning equipment expenditures, net of disposal proceeds and car rental fleet financing, less non-fleet capital expenditures, net of non-fleet disposals.

Management believes that Corporate EBITDA, adjusted pre-tax income, adjusted net income and adjusted diluted earnings per share are useful in measuring the comparable results of the Company period-over-period and that free cash flow is important to management and investors as it represents the cash available for share repurchases, acquisitions and the reduction of corporate debt. The GAAP measures most directly comparable to Corporate EBITDA, adjusted pre-tax income, adjusted net income, adjusted diluted earnings per share and free cash flow are (i) pre-tax income and cash flows from operating activities, (ii) pre-tax income, (iii) net income, (iv) diluted earnings per share, and (v) net cash provided by operating activities less revenue earning equipment expenditures, respectively. Because of the forward-looking nature of the Company’s forecasted Corporate EBITDA, adjusted pre-tax income, adjusted net income, adjusted diluted earnings per share and free cash flow, specific quantifications of the amounts that would be required to reconcile forecasted cash flows from operating activities, pre-tax income, net income, diluted earnings per share and net cash provided by operating activities less revenue earning equipment expenditures are not available. The Company believes that there is a degree of volatility with respect to certain of the Company’s GAAP measures, primarily related to fair value accounting for its financial assets (which includes the Company’s derivative financial instruments), its income tax reporting and certain adjustments made to arrive at the relevant non-GAAP measures, which preclude the Company from providing accurate forecasted GAAP to non-GAAP reconciliations. Based on the above, the Company believes that providing estimates of the amounts that would be required to reconcile the range of the non-GAAP Corporate EBITDA, adjusted pre-tax income, adjusted net income, adjusted diluted earnings per share and net cash provided by operating activities less revenue earning equipment expenditures to forecasted cash flows from operating activities, pre-tax income, net income, diluted earnings per share and free cash flow would imply a degree of precision that would be confusing or misleading to investors for the reasons identified above.

ABOUT THE COMPANY

Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,530 corporate and franchisee locations in North America, Europe, Latin and South America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,070 corporate and franchisee locations in approximately 145 countries. Our Dollar and Thrifty brands have approximately 1,380 corporate and franchisee locations in approximately 75 countries and our Firefly brand has approximately 80 corporate and franchisee locations in eleven countries. Our Hertz brand name is one of the most recognized in the world, signifying leadership in quality rental services and products. We are one of the only car rental companies that has an extensive network of company-operated rental locations both in the United States and in all major European markets. We believe that we maintain the leading airport car rental brand market share, by overall reported revenues, in the United States and at approximately 130 major airports in Europe where we have company operated locations and where data regarding car rental concessionaire activity is available. We believe that we also maintain the second largest market share, by overall reported revenues, in the off-airport car rental market in the United States. In our equipment rental business segment, we rent equipment through approximately 330 branches in the United States, Canada, France, Spain, the United Kingdom, China and Saudi Arabia, as well as through our international franchisees. We and our predecessors have been in the car rental business since 1918 and in the equipment rental business since 1965. We also own Donlen Corporation, or "Donlen," based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services. We have a diversified revenue base and a highly variable cost structure and are able to dynamically manage fleet capacity, the most significant determinant of our costs.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release and in related comments by our management include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning the Company’s outlook, anticipated revenues and results of operations, as well as any other statement that does not directly relate to any historical or current fact. These forward-looking statements often include words such as "believe," "expect," "project," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar expressions. These statements are based on certain assumptions that the Company has made in light of its experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that the Company believes are appropriate in these circumstances. We believe these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and our actual results could differ materially from those expressed in the forward-looking statements due to a variety of important factors, both positive and negative.

Among other items, such factors could include: levels of travel demand, particularly with respect to airline passenger traffic in the United States and in global markets; the effect of our proposed separation of our equipment rental business and ability to obtain the expected benefits of any related transaction; significant changes in the competitive environment, including as a result of industry consolidation, and the effect of competition in our markets, including on our pricing policies or use of incentives; occurrences that disrupt rental activity during our peak periods; our ability to achieve cost savings and efficiencies and realize opportunities to increase productivity and profitability; an increase in our fleet costs as a result of an increase in the cost of new vehicles and/or a decrease in the price at which we dispose of used vehicles either in the used vehicle market or under repurchase or guaranteed depreciation programs; our ability to accurately estimate future levels of rental activity and adjust the size and mix of our fleet accordingly; our ability to maintain sufficient liquidity and the availability to us of additional or continued sources of financing for our revenue earning equipment and to refinance our existing indebtedness; our ability to integrate the car rental operations of Dollar Thrifty and realize operational efficiencies from the acquisition; the operational and profitability impact of the divestitures that we agreed to undertake in order to secure regulatory approval for the Dollar Thrifty acquisition; safety recalls by the manufacturers of our vehicles and equipment; a major disruption in our communication or centralized information networks; financial instability of the manufacturers of our vehicles and equipment; any impact on us from the actions of our franchisees, dealers and independent contractors; our ability to maintain profitability during adverse economic cycles and unfavorable external events (including war, terrorist acts, natural disasters and epidemic disease); shortages of fuel and increases or volatility in fuel costs; our ability to successfully integrate acquisitions and complete dispositions; our ability to maintain favorable brand recognition; costs and risks associated with litigation and investigations; risks related to our indebtedness, including our substantial amount of debt, our ability to incur substantially more debt and increases in interest rates or in our borrowing margins; our ability to meet the financial and other covenants contained in our Senior Credit Facilities, our outstanding unsecured Senior Notes and certain asset-backed and asset-based arrangements; changes in accounting principles, or their application or interpretation, and our ability to make accurate estimates and the assumptions underlying the estimates, which could have an effect on earnings; changes in the existing, or the adoption of new laws, regulations, policies or other activities of governments, agencies and similar organizations where such actions may affect our operations, the cost thereof or applicable tax rates; changes to our senior management team; the effect of tangible and intangible asset impairment charges; the impact of our derivative instruments, which can be affected by fluctuations in interest rates and commodity prices; and our exposure to fluctuations in foreign exchange rates. Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

The Company therefore cautions you against relying on these forward-looking statements. All forward-looking statements attributable to the Company or persons acting on the Company’s behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE The Hertz Corporation

NAPLES, Fla., May 12, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) has announced that Hertz Dayim Equipment Rental has further expanded in the Kingdom of Saudi Arabia by opening a greenfield location in Riyadh, the country’s capital and largest city. The new location will serve Central Province-based infrastructure, commercial, government, military, construction, event services, and industrial sectors. As part of its many activities in the region, the company is now a registered vendor with multiple contractors of the $US 22bn Riyadh Metro project, a 6-line, 85 station public transport construction initiative taking place over a five year period.

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Similar to the company’s Dammam and Jeddah locations in the Eastern and Western Provinces respectively, the Riyadh operation rents and sells equipment and tools as well as providing comprehensive fleet management services. Hertz-Dayim’s portfolio includes equipment for earth moving, aerial, material handling, power, electrical, and compressor requirements. The company also offers its clients safe operation equipment training.

Lois Boyd, President, Hertz Equipment Rental Corporation, said: "Hertz Dayim Equipment Rental, the joint venture of Hertz Equipment Rental and Dayim Systems, is continuing its rapid growth across the Kingdom of Saudi Arabia. The Central Province is considered a strong market opportunity due to massive spending on large-scale urban infrastructure projects. This includes the Riyadh Metro project as well as multi-billion dollar initiatives for the financial district, medical cities, commercial centres and highways and bridges. Our aim is to provide first class, value-added equipment rental solutions to customers in the region."

Chairman of Hertz-Dayim Equipment Rental, HRH Prince Khalid bin Bandar bin Sultan, added: "With branches now in all three major regions of Saudi Arabia, we will be able to serve a wide variety of projects and clients across the Kingdom. The new branch in Riyadh is positioned to meet the requirements of the major urban infrastructure projects which are currently underway including the much-lauded metro rail system initiative for the capital. We also plan to continue our expansion and open smaller regional centres in Saudi Arabia to complete our nationwide presence, and move closer to our vision to become the number one equipment rental company of Saudi Arabia."

The HERC Riyadh location offers a broad range of equipment and tools, including backhoes, skid steers, straight and articulating manlifts, telehandlers and construction and industrial fork lifts, 185 CFM to 1600 CFM compressors (including Instrument Quality), light towers and 50 KW to 1 MW generators. Equipment comes from manufacturers including Atlas Copco, Case, Doosan, Genie, Himoinsa, Ingersoll Rand, JCB, JLG, Miller, and Wacker

Located on the Khurais highway, one of the busiest highways in the Saudi capital, the new facility features a 7,000 square meter yard, shop and branch office. The facility is situated east of the city with easy access to Riyadh’s five industrial cities and straight access to the Dammam highway. The location’s hours of operation are Sunday through Thursday 8 am – 5 pm and on Saturday from 8:30 am – 12:30 pm. The location can be reached toll free within the KSA at 800 116 1006.

About Dayim Systems
Dayim Systems and its associated company Dayim Holdings operate as vehicles for investment, joint ventures and strategic partnerships in the rapid growth environment of Saudi Arabia. Dayim’s portfolio of companies and partnerships currently spans oil and gas EPC contracting, heavy equipment rental, infrastructure, water treatment, man guarding services, high tech safety and security equipment, information and communication technology (ICT), and systems integration services. Dayim’s partnerships with the global industry leaders in these sectors underpin its vision to bring the best of brands, knowledge, expertise and technical skills in the Kingdom of Saudi Arabia and contribute towards building a balanced and sustainable Saudi economy.

About Hertz Equipment Rental Corporation
Hertz Equipment Rental Corporation (www.hertzequip.com) – a wholly owned subsidiary of The Hertz Corporation since 1965 – operates one of the world’s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers programs and equipment through its customer programs for Aerial, Energy, Entertainment, Government, HERC360 Fleet Management, Industrial Plants, National Accounts and Safety. With approximately 360 locations in the United States, Canada, China, France, Spain and Saudi Arabia as well as through international licensees, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.

About The Hertz Corporation
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate, licensee and franchisee locations in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,800 corporate and licensee locations in approximately 145 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2013/14 U.S. Car Rental Survey, earning top honors in 10 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz 24/7 hourly car rental business. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, through approximately 350 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees.

Contact: Zoe White
+44 1895 553 887
zoewhite@hertz.com

Photo – http://photos.prnewswire.com/prnh/20140512/86460

SOURCE The Hertz Corporation

LONDON, April 30, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s leading general use car rental brand, has given its Paris Saint Ferdinand flagship location a high tech makeover as part of the company’s global reinvention of the car rental experience. The fully remodelled location reflects a complete rethinking of the way cars are rented, with customers welcomed into a spacious, streamlined layout with a personalized, interactive service and the latest innovations in the car rental industry. The branch is conveniently located near the famous Champs Elysees on 27 Rue Saint-Ferdinand, 75017 Paris, France.

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Michel Taride, Group President, Hertz International, commented: "Our aim is to wow the customer through all elements of their experience with us, from planning and booking through to pick up and return of their vehicle – all with an emphasis on flexibility, speed and value. Following the overwhelmingly positive customer feedback for our revamped flagship locations such as San Diego and Newark Airports in the U.S; Frankfurt Airport, Germany; and London Marble Arch in the UK, I am very confident that the remodelling of Hertz’s premier location in Paris will be equally celebrated."

"It’s exciting to see the Hertz car rental revolution come back to its European birthplace – our Paris St Ferdinand location was the first city center branch that Hertz operated in Europe, back in 1956," Taride added.

The newly remodelled location now features double the amount of space for customers, making the experience more relaxing. Dual-screen high-resolution monitors at the counters enable the Hertz service representative to display options to the customer, helping to expedite the car rental process. Large screens continuously feature rotating scenes of Paris and Hertz’s products.

The high-tech location also includes a ‘Recharge Zone’ for mobile phones and electronic devices. Complimentary Wi-Fi access is also available for customers. The ‘Discovery Zone’ section lets customers learn more about what’s on in Paris and the surrounding area via touch screens and colourful displays. Meanwhile, children can have fun with computer games and drawing software in the Kid’s Zone.

As always, customers have access to a wide selection of vehicles from the Hertz fleet, ranging from small practical cars, sedans and station wagons to the most stunning convertibles such as the breathtaking Mercedes SLS AMG, Aston Martin Vantage, Jaguar F-TYPE, Maserati GranTurismo and other marquees from the company’s Dream Collection. Other Hertz products available at the location include the state-of-the-art navigation system NeverLost®, the company’s mobile Wi-Fi hotspot service, and the ability to rent iPads.

Hertz’s location at Paris Saint-Ferdinand has been built with environmentally friendly and recyclable materials. Aligned with Hertz’s global sustainability strategy "Living Journey," the location recycles general and automotive wastes and features energy efficient lighting and equipment.

Hertz has been fully transforming flagship locations as well as updating other facilities across the world in an effort to streamline the rental experience. To date more than 400 Hertz locations have been updated around the globe, with over 200 renewed so far in Europe, Australia and South Africa.

In addition to the unveiled modernized rental facilities at Paris Saint-Ferdinand, Hertz remodelled its flagships locations at Frankfurt Airport and London Marble Arch in Europe as well as San Diego and Newark Airports in the US.

For more information, customers can visit www.Hertz.com or follow Hertz on Facebook or Twitter.

About Hertz

Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in circa 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Our Dollar and Thrifty brands have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at www.abouthertz.com.

Hertz Press Contacts

Nicola Hanley
Ketchum
T: +44 (0) 207 611 3597
E: nicola.hanley@ketchum.com

Ian Savage
Ketchum
T: +44 (0) 207 611 3774
E: ian.savage@ketchum.com

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SOURCE The Hertz Corporation

NAPLES, Fla., April 28, 2014 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ), the parent company of The Hertz Corporation, the world’s largest general use airport car rental company and a leading equipment rental company in the United States and Canada, today announced plans to hold a conference call to discuss its 2014 first quarter earnings results.

The call will be held on Wednesday, May 7 at 10:00 a.m. ET and will remain available for audio replay one hour following the conclusion of the call until May 21^st.

A press release detailing the company’s financial results will be issued before market open on Wednesday, May 7.

Conference Call Dial-In Information:
Time/Date:	10:00 a.m. ET, Wednesday, May 7, 2014
Phone:	(800) 230-1766 (U.S.)
	(612) 288-0340 (International)
Conference Title:	Hertz First Quarter 2014 Earnings Call
Passcode:	326006
The call can be accessed by providing the title or passcode to the operator.
Replay Dial-In Information:
Phone:	(800) 475-6701 (U.S.)
	(320) 365-3844 (International)
Passcode:	326006

This call will also be available through a live audio webcast. This webcast can be accessed through a link on the Investor Relations section of the Hertz website, ir.hertz.com, and will remain available for replay.

ABOUT THE COMPANY
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Our Dollar and Thrifty brands have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2013/14 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique vehicles offered through the Company’s Adrenaline, Prestige, Green Traveler, and Dream Car Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz 24/7TM hourly car rental business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the Company can be found at www.abouthertz.com.

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SOURCE The Hertz Corporation

NAPLES, Fla., April 9, 2014 /PRNewswire/ — Hertz Equipment Rental Corporation (hertzequip.com), a wholly owned subsidiary of The Hertz Corporation (NYSE:HTZ), has expanded its Denver, Colorado operations with the launch of a new satellite facility in Cheyenne, Wyoming’s capital. The Cheyenne location serves the southern Wyoming and northern Colorado oil plays and also operates onsite at a key services partner location.

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"We are continuing to make strategic investments in the oil and gas exploration and production sector, one of our strongest industrial business segments," said Lois Boyd, President, Hertz Equipment Rental Corporation. "As part of this focus, we are very excited to extend our Denver-based equipment rental operations with our new Cheyenne, Wyoming speciality location to support oil plays in the surrounding area. As always, our mission is to help our customers control costs, expand their revenues, take comprehensive safety measures and maintain compliance."

Hertz Equipment Rental brings over 30 years of experience with oil field clientele, with equipment and services specially designed for upstream and midstream operations. The company serves many oil and gas plays in North America, including the Bakken, Barnett, Eagle-Ford, Haynesville, Marcellus, Permian Basin, and Utica. Hertz Equipment Rental works closely with both operating and production companies as well as the drilling contractors working within those environments.

The Hertz Equipment Cheyenne facility provides a wide range of industrial fleet for rent or sale. The equipment includes aerial lifts, earth moving, forklifts, heaters, hoses, light plants, portable power and power distribution products, speciality pumps and compressors, and other oil field specific fleet. The company can also set up on-site operations around the clock with full time staff where needed in order to minimize downtime and maximize production.

Hertz equipment is purchased from the industry’s leading manufacturers and is available for daily, weekly, monthly and long-term rentals. There are also rent-to-own and rental purchase option plans available for the new and used equipment for sale.

Hertz Equipment Rental employs highly trained, experienced staff fully dedicated to providing customers a premier rental experience. Specialist personnel can engineer a complete application study to deliver the best solution to generate the highest level of success for customers.

The company also offers its clients safe operation equipment training to assist in the safety education of employees. These courses can be tailored to each company’s individual safety needs.

The Cheyenne facility is located at 715 E 15th St, Cheyenne, WY 82001. Its hours of operation are 7:00am – 5:00pm Monday – Friday. Staff can be reached via telephone number 307 635 9051.

About Hertz Equipment Rental Corporation
Hertz Equipment Rental Corporation (www.hertzequip.com) – a wholly owned subsidiary of The Hertz Corporation since 1965 – operates one of the world’s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers programs and equipment through its customer programs for Aerial, Energy, Entertainment, Government, HERC360 Fleet Management, Industrial Plants, National Accounts and Safety. With approximately 360 locations in the United States, Canada, China, France, Spain and Saudi Arabia as well as through international licensees, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.

About The Hertz Corporation
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 10,400 corporate, licensee and franchisee locations in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2013/14 U.S. Car Rental Survey, earning top honors in 10 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz 24/7 hourly car rental business. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, through approximately 350 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees.

Photo – http://photos.prnewswire.com/prnh/20140409/NY01560

Contact: Zoe White
+44 1895 553 887
zoewhite@hertz.com

SOURCE The Hertz Corporation

NAPLES, Fla., April 9, 2014 /PRNewswire/ —

Event:	Hertz Global Holdings, Inc.’s (NYSE: HTZ) Chairman & Chief Executive Officer Mark Frissora to speak at the Bank of America Merrill Lynch 2014 Auto Summit Conference
Time/Date:	9:40 am (ET) on Wednesday April 16, 2014
Internet Access:	Hertz’s presentation will be broadcast live through an audio webcast available from the Investor Relations section of Hertz’s website, http://ir.hertz.com. Presentation slides will be available for download at the site and the webcast will be available for replay until July 15, 2014

ABOUT THE COMPANY
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Our Dollar and Thrifty brands have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2013/14 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige, Green Traveler, and Dream Car Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz 24/7™ hourly car rental business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the Company can be found at www.abouthertz.com.

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SOURCE Hertz Global Holdings, Inc.