Category: Press Release

PARK RIDGE, N.J., Oct. 5, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) today announced that it has extended the expiration date of its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) for $87.50 per share. The tender offer is now scheduled to expire at 5:00 p.m., New York City time, on October 22, 2012, unless further extended in accordance with the merger agreement and the applicable rules and regulations of the U.S. Securities and Exchange Commission (SEC). The tender offer was previously scheduled to expire at 12:00 midnight, New York City time, on October 5, 2012.

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Except for the extension of the tender offer expiration date, all other terms and conditions of the tender offer remain unchanged. The depositary for the tender offer has advised Hertz that, as of the close of business on October 4, 2012, approximately 6,570,988 shares of Dollar Thrifty common stock have been tendered into and not withdrawn from the tender offer (which includes shares subject to guaranteed delivery procedures).

The tender offer statement and related materials have been filed with the SEC. Dollar Thrifty stockholders who need additional copies of the tender offer statement and related materials or who have questions regarding the offer should contact Innisfree M&A Incorporated, the Information Agent for the offer, toll-free at (877) 456-3507.

Hertz Contact information:

Investors
Leslie Hunziker
Staff Vice President – Investor Relations
Tel: 201-307-2337
E-mail: lhunziker@hertz.com

Media
Richard Broome
Senior Vice President – Corporate Affairs & Communications
Tel: 201-307-2486
E-mail: rbroome@hertz.com

Steven Lipin / Jayne Rosefield
Brunswick Group
Tel: 212-333-3810

About Hertz Global Holdings, Inc.
Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,650 corporate and licensee locations in approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. In addition, the Company has sales and marketing centers in 60 countries which promote Hertz business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz #1 Club Gold®, NeverLost® customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with its service now referred to as Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada and Europe. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 325 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

About Dollar Thrifty Automotive Group, Inc.
Through its Dollar Rent A Car and Thrifty Car Rental brands, the Company has been serving value-conscious leisure and business travelers since 1950. The Company maintains a strong presence in domestic leisure travel in virtually all of the top U.S. and Canadian airport markets, and also derives a significant portion of its revenue from international travelers to the U.S. under contracts with various international tour operators. Dollar and Thrifty have approximately 280 corporate locations in the United States and Canada, with approximately 5,900 employees located mainly in North America. In addition to its corporate operations, the Company maintains global service capabilities through an expansive franchise network of approximately 1,300 franchise locations in 82 countries. For additional information, visit www.dtag.com or the brand sites at www.dollar.com and www.thrifty.com.

Cautionary Note Concerning Forward-Looking Statements
This communication contains "forward-looking statements". Examples of forward-looking statements include information concerning Hertz’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 Hertz 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 Hertz 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: our ability to obtain regulatory approval for and to consummate an acquisition of Dollar Thrifty; the risk that expected synergies, operational efficiencies and cost savings from a Dollar Thrifty acquisition may not be fully realized or realized within the expected time frame; the risk that unexpected costs will be incurred in connection with the proposed Dollar Thrifty transaction; the retention of certain key employees of Dollar Thrifty may be difficult; the operational and profitability impact of divestitures required to be undertaken to secure regulatory approval for an acquisition of Dollar Thrifty; levels of travel demand, particularly with respect to airline passenger traffic in the United States and in global markets; 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 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; 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 licensees, 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; risks related to our indebtedness, including our substantial amount of debt and 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 funding 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 and Dollar Thrifty’s filings with the Securities and Exchange Commission, including our and Dollar Thrifty’s most recent Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

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

Additional Information
On September 10, 2012, Hertz filed with the United States Securities and Exchange Commission (the "SEC") a tender offer statement on Schedule TO and Dollar Thrifty filed with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 ("Schedule 14D-9") regarding the tender offer described herein. Investors and security holders of Dollar Thrifty are strongly advised to read the tender offer statement (as updated and amended) filed by Hertz and the Schedule 14D-9 (as updated and amended) filed by Dollar Thrifty with the SEC, because each contains important information that Dollar Thrifty’s stockholders should consider before tendering their shares. The tender offer statement and other documents filed by Hertz with the SEC are available for free at the SEC’s web site (http://www.sec.gov). Copies of Hertz’s filings with the SEC may be obtained at the SEC’s web site (http://www.sec.gov) or by directing a request to Hertz at (201) 307-2100. Copies of Dollar Thrifty’s filings with the SEC are available free of charge on Dollar Thrifty’s website at www.dtag.com or by contacting Dollar Thrifty’s Investor Relations Department at 918-669-2236.

SOURCE Hertz Global Holdings, Inc.

PARK RIDGE, N.J. and ZURICH, Oct. 3, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) the world’s largest general use car rental brand, and Emil Frey Group have signed an agreement for Emil Frey Group to join Hertz’s global franchising network and purchase the Hertz car rental business in Switzerland, representing a total of 30 locations.

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Mark P. Frissora, Chairman and Chief Executive Officer for The Hertz Corporation, said: "Hertz is pleased to be joining forces with Emil Frey Group. A premier brand in the automotive and financing industry, Emil Frey Group is an ideal partner to operate Hertz in Switzerland, taking the growth of both businesses to the next level. In addition, Emil Frey Group’s high standards of service will ensure that customers will continue to receive the superior car rental experience that we are known for around the globe."

Michel Taride, President, Hertz International, added: "Hertz and Emil Frey Group each have a strong heritage in both Switzerland and Europe, with a long track record of innovation and customer service. Through our partnership, we will accelerate the growth of Hertz in Switzerland, as well further strengthen our worldwide franchising network. The Emil Frey Group agreement reaffirms Hertz’s vision of being the global leader in mobility solutions in all markets."

The licensee agreement is part of The Hertz Corporation’s company-wide strategy to grow its business through carefully selected partnerships with leading local operators. Emil Frey Group will benefit from Hertz’s worldwide service infrastructure, technology investments, standards and expertise.

Gerhard Schurmann, Chief Executive Officer, Emil Frey Group, commented: "As Hertz is a time-honored and highly respected brand, we are proud to join the Corporation’s vibrant, global franchising network to operate Hertz in Switzerland. The car rental business will highly complement our car dealership, importing, distribution, leasing and banking businesses. The Hertz brand will also enhance our relationship with our customers and enable us to offer them a wider range of services for their mobility needs. We share with Hertz a strong commitment to growth, innovation, customer service, and employee satisfaction."

The agreement with Emil Frey Group is part of Hertz’s global strategy to transition select corporate markets and locations to franchisee operators to derive value from their local market expertise, resources and complementary commercial strategies. In addition to providing franchisees the license to operate under the Hertz brand name, which provides instant worldwide recognition, Hertz offers unparalleled support, including training, operational services, technology, web platforms, integrated reservations systems and customer service.

About Hertz

Hertz, the largest worldwide airport general use car rental brand, operates from approximately 8,650 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was named by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2012/13 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 Choice, 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 On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

About Emil Frey Group

The Emil Frey Group is a family-owned Swiss business, founded 1924 by the mechanic Emil Frey. The Emil Frey Group is mainly active in the automotive business (car wholesale, car retail, car finance, and car and part logistics) and operates in Switzerland, France, Germany, Hungary, Czech Republic and Poland. The Emil Frey Group also owns various import companies, numerous retail outlets and finance companies in these countries.

In Switzerland the Emil Frey Group imports the Toyota, Lexus, Daihatsu, Subaru, Suzuki, Mitsubishi, KIA, LandRover, Jaguar, Aston Martin and Fisker Automobile brands. In the retail business the company runs 38 retail locations and serves as a retailer for the imported products as well as for additional car brands such as Alfa Romeo, BMW, Cadillac, Chevrolet, Fiat, Ford, Lancia, MINI, Opel and Volvo.

The Emil Frey Group has 2680 employees in Switzerland, and the Group’s consolidated Swiss revenues for 2011 were more than $US 2 billion.

Caution Concerning Forward Looking Statements

Statements in this press release involve forward-looking statements, including forward-looking statements regarding the parties’ completion of the transaction noted above. Actual results may vary materially because of risks and uncertainties, including completion of binding documentation, regulatory approvals, and other conditions many of which may be outside of our control. These forward-looking statements should be evaluated together with additional information about Hertz Corporation and Emil Frey Group’s business, markets, conditions and other uncertainties which could affect their future performance. These risks and uncertainties are addressed in Hertz Corporation’s Form 10-Ks for the year ended December 31, 2011, and their other filings with the Securities and Exchange Commission ("SEC"). This press release speaks only as of its date, and the parties disclaim any duty to update the information herein.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Oct. 1, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) (the "Company") announced today that a newly-formed, wholly-owned subsidiary of the Company, HDTFS, Inc. (the "Escrow Issuer"), intends to offer $600,000,000 aggregate principal amount of senior notes due 2020 (the "2020 Notes") and $600,000,000 aggregate principal amount of senior notes due 2022 (the "2022 Notes" and, together with the 2020 Notes, the "Notes") in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), subject to market and other conditions. Each series of Notes will pay interest semi-annually in arrears. The final terms of each series of Notes will be determined at the time of pricing of the Notes.

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Concurrently with the closing of the offering, the gross proceeds of the offering (plus an amount related to interest that would accrue on the Notes through a specified date) will be deposited into an escrow account until the date on which certain escrow conditions are satisfied, including the substantially concurrent (i) consummation of the previously announced cash tender offer (the "Tender Offer") to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) ("Dollar Thrifty") and (ii) assumption of the Escrow Issuer’s obligations under each series of Notes by The Hertz Corporation ("Hertz"), a wholly-owned subsidiary of the Company. From and after the release of the escrowed funds to Hertz, each series of Notes is expected to be guaranteed on a senior unsecured basis by the domestic subsidiaries of Hertz that guarantee its senior credit facilities from time to time.

Following the release of proceeds of the offering from escrow to Hertz upon satisfaction of the escrow conditions, Hertz intends to use the entire net proceeds from the offering of the Notes (i) to finance or refinance a portion of the consideration payable in the Tender Offer and subsequent merger (which is subject to the approval of Dollar Thrifty’s shareholders if required by law) of a wholly-owned subsidiary of Hertz with and into Dollar Thrifty (the "Acquisition"), (ii) to refinance certain existing indebtedness of Dollar Thrifty (including by providing funds to Dollar Thrifty for such purpose) following the consummation of the Tender Offer, (iii) to pay fees and expenses incurred in connection with the foregoing transactions and/or (iv) to finance the working capital and business requirements, and for general corporate purposes, of Hertz and its subsidiaries.

If the escrow conditions are not satisfied on or prior to February 26, 2013, the Escrow Issuer delivers a notification that such conditions will not be satisfied or the merger agreement governing the Acquisition is terminated, the Escrow Issuer will be required to redeem each series of Notes in full at a price equal to 100% of the applicable initial issue price of such Notes, plus accrued and unpaid interest from the date of issuance of such Notes up to, but excluding, the payment date of such mandatory redemption.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes (and the guarantees of the Notes, which are expected to apply from and after the escrow release) or any other securities, nor will there be any sale of the Notes or any other securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The Notes (and the guarantees that would apply upon escrow release) will be issued in reliance on the exemption from the registration requirements provided by Rule 144A under the Securities Act and, outside of the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act. None of the Notes and such guarantees have been registered under the Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

ABOUT THE COMPANY

Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,760 corporate and licensee locations in approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. In addition, the Company has sales and marketing centers in 60 countries which promote Hertz business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz #1 Club Gold®, NeverLost® customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company’s Adrenaline Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with its service now referred to as Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada and Europe. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 330 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

Cautionary Note Concerning Forward-Looking Statements

This communication contains "forward-looking statements." 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. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and the Company’s 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: the effect of the debt markets on the offering; our ability to obtain regulatory approval for and to consummate the Acquisition; the risk that expected synergies, operational efficiencies and cost savings from the Acquisition may not be fully realized or realized within the expected time frame; the risk that unexpected costs will be incurred in connection with the proposed Dollar Thrifty Acquisition; the retention of certain key employees of Dollar Thrifty may be difficult; the operational and profitability impact of divestitures required to be undertaken to secure regulatory approval for the Acquisition; levels of travel demand, particularly with respect to airline passenger traffic in the United States and in global markets; 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 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; 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 licensees, 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; risks related to our indebtedness, including our substantial amount of debt and 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 funding 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 (the "SEC"), 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.

ADDITIONAL INFORMATION

On September 10, 2012, the Company filed with the SEC a tender offer statement on Schedule TO regarding the Tender Offer described herein and Dollar Thrifty filed with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 ("Schedule 14D-9"). Investors and security holders of Dollar Thrifty are strongly advised to read the tender offer statement (as updated and amended) filed by the Company with the SEC and Schedule 14D-9 (as updated and amended) filed by Dollar Thrifty with the SEC, because they contain important information that Dollar Thrifty’s stockholders should consider before tendering their shares. The tender offer statement and other documents filed by the Company and Dollar Thrifty with the SEC are available for free at the SEC’s web site (http://www.sec.gov). Copies of the Company’s filings with the SEC may also be obtained by directing a request to the Company at (201) 307-2100. Copies of Dollar Thrifty’s filings with the SEC are also available free of charge on Dollar Thrifty’s website at www.dtag.com or by contacting Dollar Thrifty’s Investor Relations Department at (918) 669-2236.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Oct. 1, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) (the "Company") announced today that a newly-formed, wholly-owned subsidiary of the Company, HDTFS, Inc. (the "Escrow Issuer"), has entered into an agreement to sell $700,000,000 aggregate principal amount of 5.875% Senior Notes due 2020 (the "2020 Notes") and $500,000,000 aggregate principal amount of 6.250% Senior Notes due 2022 (the "2022 Notes" and, together with the 2020 Notes, the "Notes") in a private offering (the "Offering") exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The closing of the Offering is expected to occur on or about October 16, 2012, subject to customary closing conditions. Each series of Notes will pay interest semi-annually in arrears.

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Concurrently with the closing of the Offering, the gross proceeds of the Offering (plus an amount related to interest that would accrue on the Notes through a specified date) will be deposited into an escrow account until the date on which certain escrow conditions are satisfied, including the substantially concurrent (i) consummation of the previously announced cash tender offer (the "Tender Offer") to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) ("Dollar Thrifty") and (ii) assumption of the Escrow Issuer’s obligations under each series of Notes by The Hertz Corporation ("Hertz"), a wholly-owned subsidiary of the Company. From and after the release of the escrowed funds to Hertz, each series of Notes will be guaranteed on a senior unsecured basis by the domestic subsidiaries of Hertz that guarantee its senior credit facilities from time to time.

Following the release of proceeds of the Offering from escrow to Hertz upon satisfaction of the escrow conditions, Hertz intends to use the entire net proceeds from the Offering (i) to finance or refinance a portion of the consideration payable in the Tender Offer and subsequent merger (which is subject to the approval of Dollar Thrifty’s shareholders if required by law) of a wholly-owned subsidiary of Hertz with and into Dollar Thrifty (the "Acquisition"), (ii) to refinance certain existing indebtedness of Dollar Thrifty (including by providing funds to Dollar Thrifty for such purpose) following the consummation of the Tender Offer, (iii) to pay fees and expenses incurred in connection with the foregoing transactions and/or (iv) to finance the working capital and business requirements, and for general corporate purposes, of Hertz and its subsidiaries.

If the escrow conditions are not satisfied on or prior to February 26, 2013, the Escrow Issuer delivers a notification that such conditions will not be satisfied or the merger agreement governing the Acquisition is terminated, the Escrow Issuer will be required to redeem each series of Notes in full at a price equal to 100% of the applicable initial issue price of such Notes, plus accrued and unpaid interest from the date of issuance of such Notes up to, but excluding, the payment date of such mandatory redemption.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes (and the guarantees of the Notes, which will apply from and after the escrow release) or any other securities, nor will there be any sale of the Notes or any other securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The Notes (and the guarantees that will apply upon escrow release) will be issued in reliance on the exemption from the registration requirements provided by Rule 144A under the Securities Act and, outside of the United States, only to non-U.S. investors pursuant to Regulation S under the Securities Act. None of the Notes and such guarantees have been registered under the Securities Act or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

ABOUT THE COMPANY

Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,760 corporate and licensee locations in approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. In addition, the Company has sales and marketing centers in 60 countries which promote Hertz business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz #1 Club Gold®, NeverLost® customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company’s Adrenaline Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with its service now referred to as Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada and Europe. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 330 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

Cautionary Note Concerning Forward-Looking Statements

This communication contains "forward-looking statements." 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. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and the Company’s 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: the effect of the debt markets on the Offering; our ability to obtain regulatory approval for and to consummate the Acquisition; the risk that expected synergies, operational efficiencies and cost savings from the Acquisition may not be fully realized or realized within the expected time frame; the risk that unexpected costs will be incurred in connection with the proposed Dollar Thrifty Acquisition; the retention of certain key employees of Dollar Thrifty may be difficult; the operational and profitability impact of divestitures required to be undertaken to secure regulatory approval for the Acquisition; levels of travel demand, particularly with respect to airline passenger traffic in the United States and in global markets; 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 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; 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 licensees, 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; risks related to our indebtedness, including our substantial amount of debt and 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 funding 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 (the "SEC"), 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.

ADDITIONAL INFORMATION

On September 10, 2012, the Company filed with the SEC a tender offer statement on Schedule TO regarding the Tender Offer described herein and Dollar Thrifty filed with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 ("Schedule 14D-9"). Investors and security holders of Dollar Thrifty are strongly advised to read the tender offer statement (as updated and amended) filed by the Company with the SEC and Schedule 14D-9 (as updated and amended) filed by Dollar Thrifty with the SEC, because they contain important information that Dollar Thrifty’s stockholders should consider before tendering their shares. The tender offer statement and other documents filed by the Company and Dollar Thrifty with the SEC are available for free at the SEC’s web site (http://www.sec.gov). Copies of the Company’s filings with the SEC may also be obtained by directing a request to the Company at (201) 307-2100. Copies of Dollar Thrifty’s filings with the SEC are also available free of charge on Dollar Thrifty’s website at www.dtag.com or by contacting Dollar Thrifty’s Investor Relations Department at (918) 669-2236.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 28, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (the "Company") (NYSE: HTZ) today announced that the Company’s $474,733,000 aggregate principal amount outstanding of 5.25% Convertible Senior Notes Due 2014 (the "Notes") will continue to be convertible by holders of the Notes. This conversion right has been triggered because the Company’s closing common stock price per share exceeded $10.77 for at least 20 trading days during the 30 consecutive trading day period ending on September 30, 2012. Based on this triggering event, the Notes will be convertible until December 31, 2012.

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If conversion requests are received, the settlement of the Notes will be paid pursuant to the terms of the Indenture. The Company’s policy has been, and continues to be, to settle conversions of the Notes using a combination of cash and shares of the Company’s common stock, with the cash portion being paid with a fixed dollar amount equal to $1,000 per $1,000 in principal amount of the Notes (assuming the conversion value is at least equal to the principal amount of the Notes).

Wells Fargo Bank, National Association, is the Trustee for the holders of the Notes and Conversion Agent under the Indenture. All questions relating to the mechanics of the conversion for the Notes should be directed to Martin Reed at Wells Fargo Bank, National Association, telephone number 212.515.5244 and address 45 Broadway, 14th Floor, New York, NY 10006.

This press release is only a summary of certain provisions of the Notes and the Indenture, dated as of May 27, 2009 (the "Indenture"), by and between the Company and Wells Fargo Bank, National Association. A complete explanation of the conversion rights of holders of the Notes, as well as the procedures required to convert Notes, is set forth in the Indenture. All holders are urged to review the conversion provisions contained in the Notes and the Indenture in their entirety.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 27, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) continues to add to its neighborhood market network with the opening of another 103 Hertz Local Edition locations in 22 states (listed below). These new locations are in addition to the 150 Hertz Local Edition locations opened in the second quarter, the greatest number of openings in a single quarter since Hertz began expanding into the local, neighborhood marketplace, bringing the number of Hertz neighborhood locations to more than 2,390. The openings are part of a Company-wide strategy to accelerate expansion in the off airport, neighborhood car rental market servicing the replacement, leisure and business customers.

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Hertz’s neighborhood operations continue to grow and the Company is increasing its investment to the demands of the local renter. Since the beginning of the year, Hertz has opened approximately 380 new locations. The off airport segment is strategically critical for Hertz and the Company is committed to developing new and expanded partnerships in the replacement market, offering customers pickup and delivery service, as well as growing leisure and business rentals.

Located in convenient, easy to reach locations, the openings provide Hertz customers with a full range of rental vehicles including compact through full-size cars and SUVs and offers special weekend rates. Rentals are also eligible to earn Gold Plus Rewards points, Hertz’s customer loyalty program that has a wide range of flexible reward options. Rewards include points that never expire, ‘AnyDay’ rewards that have no blackout periods, easy online redemption, and a wide variety of car rewards. Pickup and delivery service and direct billing to insurance companies are also available. In addition, as with all Hertz corporate locations, vehicles are available for rental with unlimited mileage and all rate structures are honored, including one-way, inter-city rates.

Expanding market share rapidly in the $10 billion off-airport market, Hertz is opening major hub locations as well as co-locating with body shops, hotels and repair facilities to serve the needs of local customers. Off-airport rentals, which include monthly and multi-month rentals, have a longer average length of keep, which drives revenue per transaction. Serving the insurance replacement industry for more than 10 years, Hertz has more than 2,390 neighborhood locations nationwide, the majority of which offer pickup and delivery service as well as insurance replacement rentals, and is a recognized supplier to more than 193 of the 209 largest insurance companies.

The new openings are located in:

California
Colorado
Florida
Georgia
Illinois
Maryland
Michigan
Missouri
Nebraska
Nevada
New Hampshire
New Jersey
New York
North Carolina
Oklahoma
Oregon
Pennsylvania
South Carolina
Tennessee
Texas
Virginia
Washington

About Hertz:
Hertz, the largest worldwide airport general use car rental brand, operates from approximately 8,650 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. Hertz was voted the Best Overall Car Rental Company in Zagat’s 2012/13 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 Choice, 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 On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. To make car rental reservations or for more information, customers can call Hertz toll-free at 1-800-654-3131. Information and reservations are also available on the web at www.hertz.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 17, 2012 /PRNewswire/ —

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About Hertz
Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,650 corporate and licensee locations in approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. In addition, the Company, has sales and marketing centers in 60 countries which promote Hertz business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz #1 Club Gold®, NeverLost® customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company’s Adrenaline Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with its service now referred to as Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada and Europe. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 320 branches in the United States, Canada, China, France, Spain, and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

To make car rental reservations or for more information, customers can call their travel agent, or call Hertz toll-free at 1-800-654-3131. Information and reservations are also available on the web at www.hertz.com. For information on Hertz Equipment Rental, visit the company on the web at www.hertzequip.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 13, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) announced today the addition of Hertz for Windows Phone. The app allows users to book, modify and search car rental reservations as well as find locations, all from the palm of their hand. Once on the road the app helps Windows Phone users find the nearest gas station and even where their rental car is parked — a first not only for Hertz, but also for the entire rental car industry.

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"Hertz now has an app available on all four of the major smartphone platforms, which shows our commitment to staying current with the latest technology," commented Mark P. Frissora, Chairman and Chief Executive Officer for Hertz. "More and more consumers are using a mobile device to book travel and Hertz’s Windows app brings speed and ease to life across these platforms."

When a Hertz customer is on the go, our Windows Phone app still has them covered. For travelers in unfamiliar areas, Hertz for Windows Phone provides a gas station locator to ensure they never run out of fuel. Additionally, for those times our customers find themselves returning to their car after a long day at the beach, office or anywhere in between, Hertz for Windows Phone has a handy Find My Car feature that uses GPS tagging to lead the user back to their parking spot. The Find My Car feature is also a first in the rental car industry, showing that Hertz brings next wave innovation to customers.

"Windows Phone is backed by a rich developer ecosystem that is creating a variety of quality apps and games, like Hertz, that take advantage of the phone’s unique features and design," said Todd Brix, senior director, Windows Phone Marketplace, Microsoft Corp. "This recent addition to Windows Phone Marketplace is a great example of the rich applications our users will find to help them get the most out of their phone," he continued.

Hertz’s mobile apps, which have already been downloaded by millions of users, puts the speed and ease of the Hertz car rental experience in the palm of your hands. Each app has a slick user interface that makes finding a location, booking and modifying reservations a breeze. When customers need a Hertz agent to talk to, the app has contact information for reservations, technical support, rental extensions, and the hearing impaired conveniently located on the home screen.

This also capitalizes on the growing trend of consumers using mobile devices to research and book travel. According to eMarketer research, 36 million people use a mobile device to research their travel options and 16 million use a mobile device to actually book their reservations[1]. Hertz for Windows Phone gives both of these population segments the tools to get the job done quickly and easily.

Operating one of the youngest and most diverse fleets in the industry, Hertz is committed to offering its customers the most technologically innovative products and services available that results in the fastest, easiest and most valued rental experience. This includes Hertz ‘Carfirmations’, a mobile SMS text and email service that confirms a Gold member’s reservation and advises them of their car and location prior to arrival at the Hertz facility; ‘Gold Choice’ which gives Gold members the power to keep the car they reserved or simply choose a different car from the Gold Choice area; Counter By-Pass and e-Return which allows customers to bypass counter lines and go directly to their cars and then return their vehicles with the fastest car rental drop off that includes an email receipt within hours. These are all free services for Hertz Gold Plus Rewards members which is free to join. In addition, Hertz continues to expand the presence of its ExpressRent Interactive Kiosks that let customers rent a car, with or without a reservation, through a live, face-to-face video kiosk. Finally, Hertz pioneered vehicle specific reservation capabilities via its collections series and has the largest fleet of make and model reservable cars in the industry.

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

About The Hertz Corporation

Hertz, the largest worldwide airport general use car rental brand, operates from approximately 8,650 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was named by the magazine’s readers’ as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2012/13 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 Choice, 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 On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

To make car rental reservations or for more information, customers can call Hertz toll-free at 1-800-654-3131. Information and reservations are also available on the web at www.hertz.com.

[1] http://www.mediapost.com/publications/article/179851/travel-advertising-rises-on-mobile.html?print#ixzz22Jwv02Re

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 12, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s largest general use car rental brand, announced that Hertz has been named "Best Car/Campervan Rental Operator" in the inaugural New Zealand Travel Industry Awards. The prize was awarded by a panel of judges who assessed competitors across nine criteria including business performance, customer service, internal culture and innovation. Hertz defeated four other finalists to win the accolade.

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Mark P. Frissora, Chairman and Chief Executive Officer for The Hertz Corporation, said: "Hertz is honored and delighted to be recognized as the best car rental and campervan operator in New Zealand. It is also very exciting to be the first car rental operator to be so named in this prestigious, new Travel Industry Awards program. This award is testament to the hard work and commitment of all of our employees in Hertz New Zealand, as well as a reflection of the quality of the cars, vans, campervans, motorhomes and other services we offer."

The New Zealand Travel Industry Awards serves to acknowledge, reward and celebrate excellence across all sectors of the country’s travel industry. More information on the awards can be obtained from www.nztravelindustryawards.co.nz.

About Hertz

Hertz, the largest worldwide airport general use car rental brand, operates from approximately 8,650 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. Hertz was voted the Best Overall Car Rental Company in Zagat’s 2012/13 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 Choice, 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 On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. To make car rental reservations or for more information, customers can call Hertz toll-free at 1-800-654-3131. Information and reservations are also available on the web at www.hertz.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 11, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) has partnered with the Navy Exchange Service Command (NEXCOM) to bring Hertz On Demand car sharing to 14 locations on three military bases in the San Diego area: Naval Air Station North Island, Naval Amphibious Base Coronado and Naval Base San Diego. To celebrate the launch, Hertz on Demand is offering new members, signing up through December 31, 2012 $25 in free driving credits.

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"U.S. Navy ships dock in San Diego from all over the world and not every Sailor and Marine has a car," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "By providing Hertz On Demand car sharing services, members of the U.S. military, especially those not stationed at the various ports, will have quick and easy access to a vehicle whenever they need it."

The latest in a series programs focused on providing value to members of the military, the pay-as-you-go service will now offer military members an economical, convenient and socially conscious alternative to car ownership. The car sharing service provides 24/7 access to 17 vehicles, including Chevy Cruze, Mazda 2 or Ford Escape. Sailors can sign up for Hertz On Demand in advance or visit the Hertz location on base to for instant enrollment.

"As good stewards of Sailors’ dollars, NEXCOM is always looking for new initiatives to make our Sailors’ lives easier, especially a Fleet Sailor just arriving in port," said Richard Dow, NEXCOM’s Senior Vice President, Store Operations.

About Hertz On Demand
Hertz On Demand, Hertz’s global car sharing club, has more than 650 vehicles, 150,000 members and more than 500 locations worldwide, including corporate offices and universities. Hertz On Demand offers a variety of vehicles available at competitive rates. All cars are equipped with Eileo® technology, and benefits covered by the hourly rate include gas, insurance, GPS turn-by-turn navigation, 24/7 roadside assistance, 24-hour in-car Member Care Center communication, and 180 free miles per day.

Hertz On Demand has approximately 150,000 members, is available in five countries and on approximately 50 university campuses. Hertz On Demand offers its members products and services that are unmatched in the car sharing industry, including:

• Free membership. Hertz On Demand has no enrollment fee or annual membership fee, and offers low hourly and daily rates.
• Rental fleet options. These include the Mercedes C300, Cadillac CTS, Fiat 500, Mitsubishi Endeavor, Nissan Altima, Chevy Cruze, Chevy Malibu, Mazda 2, Mazda 3 and Jeep Patriot.
• 180 miles a day[1], gas and insurance included in rates.
  • No late fees. Hertz On Demand members will not receive punitive charges/late fees for the late return of a vehicle.[2]
  • Daily rates on Hertz rental car for longer trips.
  • Simplified reservation process. HertzOnDemand.com has a simple reservation process, including one way map routing and reservations, enhanced search capabilities, and in-depth details about car makes and models; Additionally, Hertz On Demand now offers a new mobile website, mobile.hertzondemand.com and m.hertzondemand.com that allows members to make, modify, and cancel reservations.
  • Unparalleled member service. Including Hertz NeverLost GPS and 24/7, 365 days-a-year, live, in-car assistance from a team of Hertz Member Care experts, both available free of charge.
  • Enrollment in Hertz Gold Plus Rewards.Hertz On Demand members are eligible to enroll in Hertz Gold Plus Rewards™, Hertz’s free rewards program that provides customers with a range of flexible rewards including Points that never expire, ‘AnyDay’ reward options with no blackouts, easy online redemption, international point accrual, and a wide variety of car rewards including cars from any of Hertz’s Collections — the Adrenaline, Green Traveler, and Prestige Collections. (Hertz On Demand members must be a member of Hertz Gold to earn Gold Plus Rewards Points).

Hertz is dedicated to honoring those serving in the military. In November 2011, the company launched Hertz for Heroes, Hertz’s commitment to provide 40,000 Free Weekend Rentals, at an estimated value of $3 million, to active military personnel returning from overseas duty.Hertz partnered with the NDTA, the Association for Global Logistics & Transportation, a non-profit educational, defense transportation-oriented association, to distribute the vouchers through various military channels and organizations. The program now includes the company’s military hiring portal, http://hertz.jobs/military/, which allows veterans and their family members to view and apply for Hertz jobs across all company divisions – Rent A Car, Equipment Rental, Entertainment Services, Hertz On Demand car sharing, and corporate positions. The site includes a list of military recruiting events the Company attends for those interested in meeting in person.

Hertz also participates in the White House’s Veteran’s Hiring Initiative, Joining Forces, and is committed to hiring hundreds of veterans over the coming years. Led by the First Lady and Dr. Jill Biden, the initiative is a job creation coalition for the armed forces, focusing on military spouses and returning veterans, and Hertz actively recruits from this highly employable and mobile work force base. Hertz has also worked with Milicruit to hold a nationwide virtual career fair for veterans and available positions are posted on a dozen veteran sites, including HireVetsFirst, RecruitMilitary, HirePatriots, and Military.com.

About Hertz
Hertz, the largest worldwide airport general use car rental brand, operates from approximately 8,650 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. Hertz was voted the Best Overall Car Rental Company in Zagat’s 2012/13 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 Choice, 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 On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

About NEXCOM
The Navy Exchange Service Command (NEXCOM) oversees 100 Navy Exchange (NEX) facilities and nearly 300 stores worldwide, 40 Navy Lodges, Ship’s Stores, the Uniform Program Management Office, the Navy Clothing Textile and Research Facility and the Telecommunications Program Office.NEXCOM’s parent command is the Naval Supply Systems Command.NEXCOM’s mission is to provide authorized customers quality goods and services at a savings and to support quality of life programs for active duty military, retirees, reservists and their families. NEXs and Navy Lodges operate primarily as a non-appropriated fund (NAF) business instrumentality. NEX revenues generated are used to support Morale, Welfare, and Recreation (MWR) programs. In FY11, $2.7 billion in sales were generated with $42.8 million in dividends provided to Navy MWR programs.

For more information, visit www.HertzOnDemand.com or www.hertz.com.

[1] Per 24 hour period
[2] Late returns will only be charged rates for the additional time used in 15 minute intervals (no punitive fees)

SOURCE The Hertz Corporation