Category: Press Release

PARK RIDGE, N.J., April 23, 2012 /PRNewswire/ — The Hertz Corporation (NYSE:HTZ) continues the expansion into the neighborhood market with the opening of 125 Hertz Local Edition locations in 33 states (listed below). 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. 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 including cars from Hertz’s Adrenaline Collection. 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 approximately 2,250 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.

Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,500 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 315 branches in the United States, Canada, China, France, Spain, Italy 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 1-877-437-7320. Information and reservations are also available on the web at www.hertz.com.

www.hertz.com

SOURCE The Hertz Corporation

PARK RIDGE, N.J., April 20, 2012 /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 2012 first quarter earnings results.

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The call will be held on Thursday, May 3rd, at 10:00 a.m. ET and will remain available for audio replay one hour following the conclusion of the call until May 17th.

A press release detailing the company’s financial results will be issued after market close on Wednesday, May 2, 2012.

The call can be accessed by providing the title or passcode to the operator.

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, www.hertz.com/investorrelations, and will remain available for replay.

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, Italy 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. and PLANO, Texas, April 18, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) and Navigation Solutions, a wholly-owned subsidiary of Hertz, announce the launch of 11 new travel apps for the iPhone. The apps are part of a suite of travel planning tools designed to make creating itineraries and experiencing cities easier and more exciting. Consumers can download their first app for free; each additional app is 99 cents.

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"NeverLost’s My Explore apps feature custom content and cutting-edge technology that fully leverage Navigation Solutions’ knowledge of the travel market," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Hertz’s focus is always on the customer experience. By taking an all-encompassing approach with our technology, we are able to enhance the Hertz customer experience beyond the car, making Hertz NeverLost a complete travel solution that no other competitor can offer."

Hertz NeverLost® My Explore™ debut cities include: Dallas-Fort Worth, Las Vegas, Los Angeles, Miami-West Palm Beach, New York, Sacramento-Northern California, Orlando, San Diego, San Francisco Bay Area, Boston and Washington, D.C.

Ideal for business and leisure travelers, each app has six custom categories: Explore, Top Must See, Events, Favorites, Tours and Neighborhoods. Highlights include:

• Tours: Rediscover a city with unique tours. In Dallas, follow the footsteps of the notorious outlaws "Bonnie and Clyde". Or, while traveling in San Francisco, visit the infamous Alcatraz.
• Local Neighborhoods: My Explore apps allow travelers to explore niche neighborhoods like New York City’s Little Italy to locate that quaint shop or cozy Italian restaurant you wouldn’t find otherwise.
• Events: In town for just a short trip? The apps can help you find a fun special event, updated weekly, or pick a top, must-see attraction like Boston’s Faneuil Hall.

Other features include Augmented Reality, customized voice narratives and text descriptions for must-see sites, tours, shopping, neighborhoods, favorites and restaurants, access to a 5-day forecast, as well as the latest iconic city images and a way to share your experience via Facebook and Twitter.

The first app in the series, My Explore Hawaii, covered the Hawaii travel market on the islands of Oahu, Maui, Kauai, and Big Island, and originally launched in May 2011. Additional cities are expected to be added mid-year for a total of 18 My Explore cities.

The My Explore app complements Hertz NeverLost navigation unit with download codes for easy transfer of information to the unit and routing. Hertz NeverLost is available upon request in select Hertz vehicles for $12.99 per day, which is supported by free online trip planning at www.neverlost.com

Unique to Hertz NeverLost travel services is access to free, concierge-style customer service that offers live travel support. Travel experts can be reached at 1-800-823-2547 from 6:30 a.m. to midnight, seven days a week, for help with trip planning, tips and re-routing of any travel plans. Pre-planned trips or last-minute travel changes can be wirelessly sent to the car for seamless and stress-free travel.

My Explore city apps are only available on the iPhone and in the iTunes store. The first app is free, with additional city map priced at $0.99 each. To download the app for free, click on the link: http://bit.ly/IYKyMA.

Visit My Explore on Twitter www.twitter.com/myexplore and on Facebook at www.facebook.com/myexplore.

About Navigation Solutions LLC
Plano, TX-based Navigation Solutions, a wholly-owned subsidiary of The Hertz Corporation, is the developer of the Hertz NeverLost® travel system, a user-friendly and customizable route-guidance system that provides turn-by-turn audio and visual driving directions to virtually any destination in the United States, Canada and Puerto Rico as well as online travel planning. NeverLost also develops and markets customized destination-specific smartphone mobile applications for travel under the My Explore™ mobile app brand.

About The Hertz Corporation
Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,500 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 315 branches in the United States, Canada, China, France, Spain, Italy 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 1-800-654-3001. Information and reservations are also available on the web at www.hertz.com.

www.hertz.com

www.neverlost.com

SOURCE The Hertz Corporation

PARK RIDGE, N.J., March 30, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (the "Company") (NYSE: HTZ) today announced that the Company’s $474,737,000 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 March 31, 2012. Based on this triggering event, the Notes will be convertible until June 30, 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 Hertz Global Holdings, Inc.

PARK RIDGE, N.J., March 21, 2012 /PRNewswire/ —

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About Hertz

Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,500 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 Gold Plus Rewards, 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 315 branches in the United States, Canada, China, France, Spain, Italy 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 Hertz Global Holdings, Inc.

PARK RIDGE, N.J., March 14, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz") announced today that its Board of Directors has set the date and time of the annual meeting of stockholders for May 24, 2012 at 10:30 a.m. (Park Ridge time) at Hertz’s Corporate Offices located at 225 Brae Boulevard, Park Ridge, New Jersey. Registration and seating will begin at 10:00 a.m. Holders of record at the close of business on April 2, 2012 will be entitled to vote at the meeting.

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About Hertz

Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,500 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 315 branches in the United States, Canada, China, France, Spain, Italy 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.

SOURCE Hertz Global Holdings, Inc.

PARK RIDGE, N.J., Feb. 28, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) (the "Company") announced today that its wholly-owned subsidiary, The Hertz Corporation ("Hertz"), intends to offer $250millionaggregate principal amount of 6.75% Senior Notes due 2019 (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. The Notes are expected to constitute a further issuance of, will be fungible with and will be consolidated and form a single series with the $1 billion aggregate principal amount of 6.75% Senior Notes due 2019 issued by Hertz on February 8, 2011 and March 21, 2011 (the "Outstanding Notes"), except that (1) the Notes will be subject to a separate registration rights agreement and (2) until such time as the Notes are exchanged for registered notes, the Notes will have a separate CUSIP number from that of the Outstanding Notes. The Notes will pay interest semi-annually in arrears. The Notes are expected to be guaranteed on a senior unsecured basis by the domestic subsidiaries of Hertz that guarantee its senior credit facilities.

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Hertz intends to use the proceeds from the issuance of the Notes to (1) redeem all of its outstanding 8.875% Senior Notes due 2014 and (2) together with cash on hand, redeem all of its outstanding 7.875% Senior Notes due 2014.

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 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 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 the guarantees has 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 8,500 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 315 branches in the United States, Canada, China, France, Spain, Italy 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

Certain statements contained in this press release 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. 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 an acquisition of Dollar Thrifty Automotive Group; the risk that expected synergies, operational efficiencies and cost savings from the Dollar Thrifty acquisition may not be fully realized or realized within the expected time frame; the operational and profitability impact of divestitures that may be 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 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.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Feb. 28, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) (the "Company") announced today that its wholly-owned subsidiary, The Hertz Corporation ("Hertz"), had entered into an agreement to sell $250 million aggregate principal amount of 6.75% Senior Notes due 2019 (the "Notes") in a private offering (the "Offering") exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Giving effect to the issue price, the Notes will yield 6.049% to maturity. The Notes are expected to constitute a further issuance of, will be fungible with and will be consolidated and form a single series with the $1 billion aggregate principal amount of 6.75% Senior Notes due 2019 issued by Hertz on February 8, 2011 and March 21, 2011 (the "Outstanding Notes"), except that (1) the Notes will be subject to a separate registration rights agreement and (2) until such time as the Notes are exchanged for registered notes, the Notes will have a separate CUSIP number from that of the Outstanding Notes. The closing of the Offering is expected to occur on or about March 13, 2012, subject to customary closing conditions. The Notes will pay interest semi-annually in arrears. The Notes will be guaranteed on a senior unsecured basis by the domestic subsidiaries of Hertz that guarantee its senior credit facilities.

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Hertz intends to use all of the net proceeds from the issuance of the Notes to (1) redeem all of its outstanding 8.875% Senior Notes due 2014 and (2) together with cash on hand, redeem all of its outstanding 7.875% Senior Notes due 2014.

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 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 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 the guarantees has 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 8,500 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 315 branches in the United States, Canada, China, France, Spain, Italy 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

Certain statements contained in this press release 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. 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: our ability to successfully close the Offering, including by satisfying the closing conditions to the Offering; our ability to obtain regulatory approval for and to consummate an acquisition of Dollar Thrifty Automotive Group; the risk that expected synergies, operational efficiencies and cost savings from the Dollar Thrifty acquisition may not be fully realized or realized within the expected time frame; the operational and profitability impact of divestitures that may be 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 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.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Feb. 8, 2012 /PRNewswire/ — The Hertz Corporation (NYSE:HTZ) and Hertz Global EV are implementing the first wireless charging system for electric vehicles (EVs) in the car rental industry. Hertz has the most diverse fleet of EVs for both rental and carshare.

(Logo: http://photos.prnewswire.com/prnh/20110810/NY50373LOGO )

"Hertz is committed to its Global EV program, introducing electric vehicles into our rental fleet on three continents – North America, Asia and Europe," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "We’re excited to participate in Plugless Power’s pilot program so that we can be on the ground floor of this new technology; learning key findings about EV wireless charging. As we move forward our goal is to have a variety of charging options for EV customer use, aligned with the charging equipment installed by EV manufacturers."

The trial, the first of its kind in the world, will help to establish the United States as the EV market leader. The trial will follow Hertz, and leaders from five other industry segments, as they trial Plugless Power systems on their own electric vehicles. Participants will provide feedback on daily usage routines, user interfaces, and any additional functionality needed. The Plugless Power system is supplied by Evatran based in Virginia.

Installation at Hertz’s corporate headquarters will be completed in February 2012.

Hertz is the first car-rental company to deploy EVs and PHEVs (plug-in hybrid electric) on three continents — in the U.S. (available to the public in New York, Washington, D.C. and San Francisco), the U.K. (available in London), and China (available in Shanghai). As the world’s largest airport general-use car-rental brand, Hertz is introducing multiple groups of consumers – urban drivers, university students, travelers and corporations – to all-electric and plug-in hybrid vehicles. As a result, the company is forming partnerships with automakers, charging-station providers (e.g., GE), municipalities, non-governmental organizations, corporations and other stakeholders to make EVs easily accessible to consumers.

Hertz plans to increase its global EV presence by deploying vehicles in other countries in the coming months. Hertz Global EV will continue to leverage the company’s rental and car sharing locations as bases for vehicles and charging stations, and tap into its technology – including sophisticated fleet management tools and consumer-facing GPS systems, including Hertz NeverLost in the U.S. – to help form an EV grid.

Plugless Power™, developed by Evatran™, is the first electric vehicle (EV) charging system on the market to offer customers a simple way to charge their EVs with the ease of hands-free technology. Utilizing inductive power transfer, which has been used in electrical transformers for more than 100 years, Plugless Power streamlines the charging of electric vehicles by eliminating the cord and the plug. In addition to aftermarket distribution, Evatran is currently working with automotive manufacturers to integrate the Plugless Power technology into mass-market EVs as a factory or dealership option. For more information, visit www.pluglesspower.com.

About Hertz
The Hertz Corporation — a subsidiary of Hertz Global Holdings, Inc. — is the world’s largest general use car rental brand, operating from approximately 8,000 locations in approximately 150 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 94 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America, Europe, Latin America, Asia, Australia and New Zealand. In addition, the Company has licensee locations in cities and airports in Africa and the Middle East. Product and service initiatives such as Hertz #1 Club Gold(R), NeverLost(R) customized, onboard navigation systems, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the Company’s Adrenaline and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market in London, New York City and Paris. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of equipment, including tools and supplies, 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, France, Spain, Italy, China and Saudi Arabia, as well as through its international licensees.

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.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Feb. 8, 2012 /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 2011 fourth quarter and full year earnings results.

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The call will be held on Thursday, February 23rd, at 10:00 a.m. ET and will remain available for audio replay one hour following the conclusion of the call until March 8th.

A press release detailing the company’s financial results will be issued after market close on Wednesday, February 22, 2012.

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, www.hertz.com/investorrelations, and will remain available for replay.

About Hertz
Hertz is the largest worldwide airport general use car rental brand operating from approximately 8,500 locations in approximately 150 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at approximately 94 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America, Europe, Latin America, Asia, Australia and New Zealand. In addition, the Company has licensee locations in cities and airports in Africa and the Middle East. In addition, Hertz operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, including tools and supplies, and new and used equipment for sale from approximately 320 branches in the United States, Canada, France, Spain, Italy, China and Saudi Arabia, as well as through its international licensees. In late 2008, Hertz introduced a global car-sharing service, now referred to as Hertz On Demand, where customers can rent by the hour from various locations in the U.S., Canada and Europe. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in 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 Hertz Global Holdings, Inc.