Category: Press Release

  • Hertz Acquires Cinelease
– Hertz Entertainment Services Buys U.S. Market Leader in TV Lighting and Grip Rentals
– Cinelease will increase global equipment rental revenues at least 3% in 2012.

    Hertz Acquires Cinelease – Hertz Entertainment Services Buys U.S. Market Leader in TV Lighting and Grip Rentals – Cinelease will increase global equipment rental revenues at least 3% in 2012.

    PARK RIDGE, N.J., Jan. 19, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) announced that Hertz Entertainment Services has acquired Cinelease, U.S. market leader in lighting and grip rentals to the television industry, based in Los Angeles, California.

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

    "With the acquisition of Cinelease, Hertz Entertainment Services becomes the leading provider of lighting and grip rentals to the U.S. television industry, which is one of the fastest growing segments of our economy," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Cinelease aligns with Hertz’s growth and diversification strategy to meet the equipment rental needs of a broad range of leading industries. The acquisition expands our footprint in another specialty rental market with higher revenue growth and margins, longer rentals and lower seasonal cyclicality. Cinelease will add at least 3% of incremental, inorganic revenue growth to our global equipment rental revenues in 2012, and is both accretive to earnings and cash flow-positive in year one. Additionally, Cinelease will accelerate the growth of our Entertainment Services business because Hertz is uniquely able to bundle a wide variety of products for film and television production companies, from lights, grip, generators, cranes and lifts to the widest selection of rental cars in the industry. Cinelease complements the earlier acquisitions of First Call and 24/7 which also provide rental equipment, including aerial and forklifts, to the entertainment industry."

    Lighting and grip rental revenues generated by the U.S. television and motion picture industry are estimated at $600 million annually. It is anticipated that Cinelease will deliver approximately $50 million of new revenues during 2012 as the company is integrated into Hertz Entertainment Services.

    Established in 1977 and headquartered in Los Angeles, Cinelease operates from seven locations in Atlanta, Austin, Charlotte, Chicago, Dallas, New Orleans, and Santa Fe. Cinelease is the largest set lighting and grip rental company in the US, offering the highest quality motion picture lighting and professional grip equipment available. Products available for rent include lighting, grip equipment, power distribution, trucks and expendables.

    Hertz Equipment Rental Corporation – a wholly owned subsidiary of The Hertz Corporation since 1965 – operates one of the world’s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers custom programs and equipment through its specialty service groups; Industrial Plant Services, Pump and Power Services, Aerial Services and Government Services. With approximately 325 locations in the United States, Canada, China and Europe, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.

    The Hertz Corporation is the world’s largest 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 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 Gold Plus Rewards®, NeverLost® customized, onboard navigation systems, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the company’s Prestige, Adrenaline and Green Traveler Collections, set Hertz apart from the competition. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in fleet leasing and management services.

    For more information about Hertz Equipment, visit the company online at www.hertzequip.com.

    SOURCE Hertz Global Holdings, Inc.

  • Hertz “Ticket to Ride” Winner to Meet and Interview Pop Band Fitz and the Tantrums
Hertz Launches Contest to Connect Music Fans With Favorite Artists

    Hertz “Ticket to Ride” Winner to Meet and Interview Pop Band Fitz and the Tantrums Hertz Launches Contest to Connect Music Fans With Favorite Artists

    PARK RIDGE, N.J., Jan. 18, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) and Live Nation Entertainment (NYSE: LYV), today launched the first consumer promotion as part of the Hertz Movin’ with Music platform – the Hertz "Ticket to Ride" contest* (www.Facebook.com/Hertz). To further fuse the music and driving experience, Hertz "Ticket to Ride" gives music fans a unique opportunity to get up close and personal with their favorite artists by showing fan passion via social media. The Grand Prize is a trip for two, including a free Hertz Car Rental, to meet and interview the contemporary soul band, Fitz and the Tantrums.

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

    "We are making the Hertz brand synonymous with music, a strong passion point for consumers which goes hand-in-hand with cars and the driving experience," says Hertz Chairman and Chief Executive Officer, Mark P. Frissora. "Through our Movin’ with Music platform, we are making this happen with interactive programs, like the Hertz ‘Ticket to Ride’ contest, that engage with music fans and tie Hertz to today’s consumers."

    To enter the Hertz "Ticket to Ride" Contest, fans must "Like" the Hertz Facebook page (www.Facebook.com/Hertz), and follow the directions on the Hertz "Ticket to Ride" Contest tab, which include:

    1. Upload a favorite vacation or road trip photo
    2. Select a version of the Hertz mascot, Horatio, to add to the photo
    3. Submit the photo for consumer voting
    4. Share the selected photo submission with up to four friends on Facebook to encourage voting

    The Grand Prize winner, selected by consumer vote, will receive a trip for two, including round-trip airfare, hotel, and a free Hertz rental to meet and interview the band Fitz and the Tantrums. Two second prize winners will receive Live Nation Concert Cash (value: $125.00) to buy tickets to a concert of choice plus a free Hertz rental, and all entrants are eligible for up to $25 off a Hertz rental. The contest is open to U.S. residents who are 20 years of age or older at the time of entry, and there is no purchase necessary to win. For full contest rules/regulations, please visit: www.Facebook.com/Hertz.

    A three-pronged program, Hertz ‘Movin’ with Music’ includes the Live Nation alliance which encompasses numerous multi-faceted consumer engagement programs, the introduction later in 2012 of Hertz Live Radio which will be streamed at Hertz facilities and on Hertz buses, and the Hertz Music Store where Hertz Gold Plus Rewards members will be able to use their reward points to acquire music online.

    Hertz is the official rental car partner for Live Nation, reaching millions through the experience of live music. The Hertz "Ticket to Ride" Contest is Hertz’s first promotional activity rolling out in 2012 geared at connecting music fans with their favorite artists.

    * Visit www.Facebook.com/Hertz for contest rules/eligibility.

    About Hertz:

    Hertz is the largest worldwide airport general use car rental brand operating from more than 8,500 locations in approximately 145 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. The company also operates the Advantage car rental brand at 26 airports in the U.S. 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, China, France, Italy, Spain and Saudi Arabia. In late 2008, Hertz introduced a global car-sharing service, 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. For more information, please see www.hertz.com.

    www.hertz.com
    www.facebook.com/hertz

    SOURCE The Hertz Corporation

  • Hertz Named Best Domestic and International Car Rental Company by Travel Weekly for the Ninth Consecutive and Eighth Year Respectively
— Hertz Garnered 25 Travel Industry Awards in 2011 —

    Hertz Named Best Domestic and International Car Rental Company by Travel Weekly for the Ninth Consecutive and Eighth Year Respectively — Hertz Garnered 25 Travel Industry Awards in 2011 —

    PARK RIDGE, N.J., Jan. 9, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s largest general use car rental brand, won Travel Weekly’s Ninth Annual Readers’ Choice Awards for Best Domestic and Best International Car Rental Company, for the ninth consecutive and eighth year, respectively. These were 2 of 25 awards won by Hertz during 2011 based on traveler and agent input.

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

    "It is an honor to end 2011 with awards bestowed on Hertz by our travel agent partners and business travelers," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Winning 25 awards in 2011 is an accomplishment we’re proud to have achieved. These awards are a testament to our intense focus on providing superior customer service as well as the new and innovative customer programs we’ve launched recently. These programs include Hertz Gold Plus Rewards, our virtual rental kiosks, and our eReturn program for Gold members. We will continue to lead the industry by launching additional customer service-oriented initiatives in 2012."

    The reader survey, conducted annually, evaluates an array of companies in diverse travel industry sectors and is presented to suppliers considered by Travel Weekly readers to have excelled in product and service delivery during the prior year.

    These latest awards complement the vast array of honors achieved by Hertz during 2011, including being named, for the seventh consecutive year, as the "Best Car Rental Company" by TTG Asia; awarded the Travel Star Award for "Best Car Rental Company" by Travel Inside; and receiving, for the 12th consecutive time, TTG Czech Republic‘s award for "Best Car Rental Company." Additionally, Hertz was named by TravelAge West "Car Rental Company Providing the Best Travel Agent Support", and the U.K.-based readers of Business Traveller magazine named Hertz the "Best Car Rental Company in North America."

    Operating one of the youngest and most diverse fleets in the industry, Hertz is committed to offering its customers the utmost in speed and ease, coupling technological innovations with personalized service. New initiatives launched in 2011 include the new Adrenaline and Green Traveler Collections, the most flexible and rewarding loyalty program in the industry, Hertz Gold Plus Rewards, and the introduction of self service, interactive kiosks and eReturn capabilities.

    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 315 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

  • Hertz Equipment Rental Acquires DW Pumps
— HERC Acquisitions Support Revenue Diversification Strategy —

    Hertz Equipment Rental Acquires DW Pumps — HERC Acquisitions Support Revenue Diversification Strategy —

    PARK RIDGE, N.J., Jan. 5, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) announced that Hertz Equipment Rental Corporation (HERC) has acquired DW Pumps, a leading pump rental company in Northern California.

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

    "With the acquisition of DW Pumps, HERC continues its diversification strategy of expanding into specialty services and products for a broad range of equipment rental customers," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "DW Pumps specializes in providing pump solutions for industrial, municipal and construction customers on the West coast."

    The pump product and service market is estimated at $600 million in the U.S., and it is anticipated that DW Pumps will generate approximately $6 million in new revenues for HERC during 2012 which will quickly exceed $10 million as the business is expanded throughout California.

    Founded in 2003 and headquartered in San Leandro, Ca., with a second location in Sacramento, DW Pumps has developed a strong market position and diversified customer base in the industrial and construction sector. DW Pumps diversified fleet includes large submersible pumps, diesel auto priming and high pressure pumps, generators, auxiliary fuel tanks, electric transformers, and product accessories.

    Hertz Equipment Rental Corporation – a wholly owned subsidiary of The Hertz Corporation since 1965 – operates one of the world’s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers custom programs and equipment through its specialty service groups; Industrial Plant Services, Pump and Power Services, Aerial Services and Government Services. With approximately 325 locations in the United States, Canada, China and Europe, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.

    The Hertz Corporation is the world’s largest general use car rental brand, operating from approximately 8,600 locations in 146 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 81 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®, NeverLost® customized, onboard navigation systems, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the company’s Prestige, Fun and Green Collections, set Hertz apart from the competition.

    For more information about Hertz Equipment, visit the company online at www.hertzequip.com.

    SOURCE The Hertz Corporation

  • Hertz Global Holdings, Inc. to Present at 2012 Deutsche Bank Global Auto Industry Conference

    Hertz Global Holdings, Inc. to Present at 2012 Deutsche Bank Global Auto Industry Conference

    PARK RIDGE, N.J., Jan. 5, 2012 /PRNewswire/ —

    Event:

    Hertz Global Holdings, Inc.’s (NYSE: HTZ) Chairman and Chief Executive Officer Mark Frissora to speak at the 2012 Deutsche Bank Global Auto Industry Conference in Detroit.

    Time/Date:

    12:05 pm (ET) on Tuesday, January 10, 2012.

    Internet Access:

    Hertz’s presentation will be broadcast live through an audio webcast available from the Investor Relations section of Hertz’s website, www.hertz.com/investorrelations. Presentation slides will be available for download at the site and the webcast will be available for replay until January 24, 2012.

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

    About Hertz

    Hertz is the world’s largest general use car rental brand, operating from approximately 8,400 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®, NeverLost® 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 and now operates in Berlin, London, Madrid, 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 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 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

  • Conversion Right Triggered on Hertz’s Convertible Senior Notes

    Conversion Right Triggered on Hertz’s Convertible Senior Notes

    PARK RIDGE, N.J., Dec. 30, 2011 /PRNewswire/ — Hertz Global Holdings, Inc. (the "Company") (NYSE: HTZ) today announced that the Company’s $474,745,000 aggregate principal amount outstanding of 5.25% Convertible Senior Notes Due 2014 (the "Notes") will 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 December 31, 2011. Based on this triggering event, the Notes will be convertible until March 31, 2012.

    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 on the Notes (assuming the conversion value is at least equal to the issue price 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, as Trustee. 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 its entirety.

    SOURCE Hertz Global Holdings, Inc.

  • Hertz Redefines the Journey With Additions to Prestige and Adrenaline Collections

    Hertz Redefines the Journey With Additions to Prestige and Adrenaline Collections

    PARK RIDGE, N.J., Dec. 15, 2011 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s largest general use airport car rental brand, introduces new vehicles to the Prestige and Adrenaline Collections, including the Cadillac CTS, Camaro SS Convertible and Corvette Convertible.

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

    "Hertz is expanding its Car Collection vehicles based on strong demand by consumers for an even greater variety of exciting vehicles they can specifically reserve and rent," commented Hertz Chairman and Chief Executive Officer, Mark P. Frissora. "As more travelers consciously choose their rental car to complement their overall travel experience, Hertz Collections offer top of the line vehicles that make the drive an important element of a memorable journey."

    With 2012 approaching, Hertz Collections will be updated as follows:

    Hertz Adrenaline Collection now includes more aggressive, head turning vehicles with the 2012 Camaro SS and 2012 Corvette convertibles that are both equipped with a 6.2 liter V-8 engine. The Camaro SS offers 400 horsepower and a six-speed automatic transmission. Its grey leather seats, polished aluminum wheels, and 245-Watt nine speaker sound system will make it difficult to drive unnoticed. With the addition of the iconic Corvette Convertible, the 2012 Adrenaline Collection shifts into high gear offering customers old-fashioned American muscle. The Corvette Convertible is equipped with 430 horsepower and a six-speed transmission with manual shift.

    The Adrenaline Collection is now available at participating locations in California, Nevada, Colorado, Utah, Arizona, New Mexico, Texas, Florida, New York, and New Jersey. Vehicle selection subject to availability.

    Hertz Prestige Collection is also ready to unveil the newest car, the Cadillac CTS. This award winning vehicle includes NeverLost GPS, satellite radio, and has Bluetooth capabilities which maintain its luxury class appeal. The 2012 model consists of a modified front grille and logo, enhancing its sleek appeal, as well as a modified 3.6 liter V-6 engine with 318 horsepower.

    The Prestige Collection is now available at participating locations in Hawaii, Washington, Oregon, California, Nevada, Colorado, Arizona, Minnesota, Wisconsin, Texas, Florida, Georgia, New Jersey, New York, Pennsylvania, Connecticut, and Massachusetts. Vehicle selection subject to availability.

    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 315 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.

    www.hertz.com

    SOURCE The Hertz Corporation

  • Hertz and Donlen Leaders to Deliver Opening Keynote at 2012 Car Rental Show
Hertz and its subsidiary Donlen Corporation provide mobility solutions ranging from hourly car sharing rentals to multi-year leases

    Hertz and Donlen Leaders to Deliver Opening Keynote at 2012 Car Rental Show Hertz and its subsidiary Donlen Corporation provide mobility solutions ranging from hourly car sharing rentals to multi-year leases

    PARK RIDGE, N.J., Dec. 13, 2011 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s largest general use airport car rental brand, and its subsidiary, Donlen Corporation, one of the nation’s largest vehicle leasing companies, are pleased to announce their participation in the 2012 Car Rental Show. Hertz Chairman and Chief Executive Officer, Mark P. Frissora, and Donlen’s CEO, Gary Rappeport, will jointly deliver the show’s opening keynote address.

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

    "Hertz’s mission is to offer consumers the widest range of mobility solutions, with products and services today including hourly, daily, weekly, and monthly vehicle rentals, as well as, with the acquisition of Donlen Corporation this year, business fleet management solutions, including multi-year leases," commented Mr. Frissora. "Hertz and Donlen have now joined forces and we’re developing an even wider range of mobility and related fleet services solutions than we had initially anticipated. We’re excited to participate in the 2012 Car Rental Show and I am pleased to partner with Gary to share our key learnings and insights about the convergence of vehicle mobility solutions with the show’s attendees," he added.

    In their joint address, Frissora and Rappeport will discuss the imminent convergence of auto rental with other vehicle solutions ranging from car sharing, traditional car rental and long-term auto, truck and equipment rental and leasing. Hertz completed a $900 million acquisition, including fleet financing, of Donlen in September 2011.

    "The synergies between car rental and corporate fleet management are numerous and the Hertz/Donlen relationship has proven to be beneficial for our customers as well as each company," commented Mr. Rappeport. "Addressing the 2012 Car Rental Show will provide us with a platform in which to share our knowledge with our colleagues in the industry."

    Presented by Auto Rental News and the American Car Rental Association (ACRA), the 2012 Car Rental Show is the annual opportunity for the industry to come together and learn how to capitalize on the rapid changes in today’s economic environment. The educational show consists of a topnotch repertoire of speakers representing all corners of the industry who will address the burning issues facing the market today. Topics and issues include tapping into and optimizing the financing options available to the marketplace, OEM relationship management, and car rental pricing.

    "By developing a range of services beyond traditional car rental, the auto rental industry can no longer be viewed as a standalone transportation option, but an integral part of the total mobility solution," says Chris Brown, executive editor of Auto Rental News. "We are eager to hear from these two industry leaders and how they are impacting the conversation on how we get around."

    The 2012 Car Rental Show will convene at the LVH-Las Vegas Hotel and Casino (formerly Las Vegas Hilton), March 12-13. Visit www.carrentalshow.com and www.autorentalnews.com for information.

    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 315 branches in the United States, Canada, France, Spain, Italy, China and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in fleet leasing and management services.

    www.hertz.com
    www.donlen.com

    SOURCE The Hertz Corporation

  • The Hertz Corporation Wins Awards For Human Resources Programs
– Hertz honored with HR & Business Success Award and Dave Ulrich Award of HCM Excellence
– Hertz wins 2011 Apex Award for improving employee health and driving down costs

    The Hertz Corporation Wins Awards For Human Resources Programs – Hertz honored with HR & Business Success Award and Dave Ulrich Award of HCM Excellence – Hertz wins 2011 Apex Award for improving employee health and driving down costs

    PARK RIDGE, N.J., Dec. 12, 2011 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) announced that it has won three prestigious industry awards in recognition of its human resources programs for improving employee benefits as well as driving excellence in talent management practices: the 2011 European HR & Business Success Award and Dave Ulrich Award of HCM Excellence, and the 2011 Apex Award.

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

    Hertz received the "HR & Business Success Award" and overall prize win of the "Dave Ulrich Award of HCM Excellence" from the European HCM Excellence Awards 2011 bestowed by Stamford Global. The European HCM Excellence Awards recognize and reward organizations that demonstrate excellence in their talent management practices. The overall winner’s award for 2011 went to Hertz Europe for creating value through its HR practices and the HR contribution.

    Dr. Dave Ulrich, Professor of University of Michigan, and a leading HR strategist said: "The line managers, employees, and HR professionals at Hertz have so much to be proud of. They are truly business partners who contribute to business performance in very specific and important ways. They have made their organization better. They are well deserving of the European HCM Excellence 2011 grand prize."

    LeighAnne Baker added: "It is truly an honor to earn the European HCM Excellence recognition from Stamford Global and Dr. Dave Ulrich. The HR team at Hertz has collaborated very closely with the business to deliver state-of-the-art talent management and related HR programs that create tangible value for employees and the business alike."

    The 2011 Apex Award from UnitedHealthcare is an honor given to employers in recognition of exceptionally innovative health care benefits strategies. The award recognized Hertz’s Journey to Better Health, the company’s comprehensive health and wellness offering for U.S. employees. The initiative incorporates A Credit to Your Health, an incentive program that gives employees substantial discounts on their health premiums for completing a health assessment, seeking preventive care, achieving target biometric values and engaging in wellness coaching.

    This year’s judges praised Hertz’s Journey to Better Health as a "multi-faceted program that reflects great creativity and strong corporate commitment." One judge called the program’s incentive structure "leading-edge," and another commended the company’s dedication to its employees: "This program addresses workforce complexities, incorporates feedback, and offers incentives that really mean something to employees."

    "Hertz has been aggressively focused on developing a health care program that motivates employees to live a more healthy, engaged lifestyle, while also working on stabilizing its health care costs," said LeighAnne Baker, Senior Vice President, Chief Human Resources Officer of Hertz. "We wanted our employees and their families to be more aware of their health status and to start making better health care decisions. So, in 2009, Hertz embarked on a Journey to Better Health, and set out to change the course of our health as a company."

    About the HCM Excellence Awards

    The European HCM Excellence Awards (http://www.hcmexcellenceawards.com) were launched as an initiative to recognize and reward organizations in Europe that demonstrate excellence in their Human Capital Management practices.

    About Stamford Global

    Stamford Global is an elite provider of business events, thought leader research and publications in the field of Human Capital Management, Project Management, Information Technology and Sales & Marketing. Our motto: "Never Stop Learning" encompasses both our intellectual and professional ambitions. For more information please visit www.stamfordglobal.com

    About the Apex Award

    Now in its seventh year, the Apex Awards program honors UnitedHealthcare National Accounts employer customers that have designed innovative, effective health care benefits strategies that are improving the health care experience for their employees. An independent judging panel, composed of leaders from across the health care industry including the previous year’s winners, selects the winners based on employers’ innovative approaches to specific health care challenges.

    About UnitedHealth Group

    UnitedHealth Group (NYSE: UNH) is a diversified health and well-being company dedicated to helping people live healthier lives and making health care work better. With headquarters in Minnetonka, Minn., UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. Through its businesses, UnitedHealth Group serves more than 75 million people worldwide. Visit www.unitedhealthgroup.com for more information.

    About Hertz

    Hertz is the largest worldwide airport general use car rental brand operating from more than 8,500 locations in 146 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 83 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. The Company also has licensee locations in cities and airports in Africa and the Middle East. Product and services such as Hertz #1 Club Gold(R), NeverLost(R) in-car GPS system, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the Company’s Prestige, Adrenaline and Green Traveler Collections, set Hertz apart from the competition. The Company also operates the Advantage car rental brand at 26 airports in the U.S. And, Hertz operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of equipment for rent, including tools and supplies, and new and used equipment for sale, from approximately 325 branches in the United States, Canada, China, France, Spain, Italy and Saudi Arabia.

    SOURCE The Hertz Corporation

  • Hertz Innovates: ExpressRent(TM) Kiosk and eReturn Programs Offer Faster, More Flexible Car Rental Experience
Company Continues to Deliver Leading Car Rental Solutions to Business and Leisure Customers

    Hertz Innovates: ExpressRent(TM) Kiosk and eReturn Programs Offer Faster, More Flexible Car Rental Experience Company Continues to Deliver Leading Car Rental Solutions to Business and Leisure Customers

    PARK RIDGE, N.J., Nov. 17, 2011 /PRNewswire/ — The Hertz Corporation (NYSE:HTZ), the world’s largest general use airport car rental brand, continues its legacy of innovation with the introduction of high-quality programs that positively impact the customer experience. Innovations include ExpressRent™ kiosks, which is the first large scale kiosk deployment in the U.S. using a live agent assistant via video chat, and express return (eReturn) service options.

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    To view the multimedia assets associated with this release, please click: http://www.multivu.com/mnr/51466-hertz-car-rental-expressrent-live-agent-kiosk-ereturn-express-return

    (Photo: http://photos.prnewswire.com/prnh/20111117/MM04056 )

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    "More and more consumers are demanding the convenience of self-service options," commented Mark P. Frissora, Chairman and Chief Executive Officer, The Hertz Corporation. "By introducing these new innovations, we’re allowing customers to take control of their journey by giving them faster, more flexible options for renting and returning vehicles. In addition, as a company, we’re able to drive greater operational efficiencies while expanding the Hertz network with our ExpressRent™ kiosk program."

    ExpressRent™ Interactive Kiosks

    Hertz is the first car rental company to now offer both airport and neighborhood location customers the ability to rent cars through a live, face-to-face video kiosk. Customers using ExpressRent™ kiosks can complete an entire rental transaction while seeing and hearing a live remote rental representative. ExpressRent™ kiosks minimize customer wait times, accept payment with a debit or credit card, validate a customer’s drivers license and print the rental agreement, while providing customers with a full-service experience that can handle any rental need they may have.

    Customers can use an ExpressRent™ kiosk with or without an existing reservation. ExpressRent™ kiosks are available in Hertz airport and Hertz Local Edition locations along with partnering auto body shops and hotels. ExpressRent™ kiosks are currently available in more than 30 markets and will be expanded into an additional 18 markets by year end. Hertz will rapidly add ExpressRent™ kiosks throughout its locations in 2012, providing customers with the ability to rent a car from a live representative outside of Hertz locations’ normal operating hours, and in some locations 24 hours, seven days a week.

    eReturn

    eReturn allows Hertz Gold members to update their profile on Hertz.com – for free – to ensure the fastest car rental drop off ever. The profile updates include selecting the following:

    1. eReceipts: When signing up for Hertz eReceipts, members will automatically receive a PDF version of their receipt sent to the email on their Hertz Gold profile within 30 minutes of Hertz closing their Rental Agreement.
    2. Hertz Fuel Purchase Option: Members who select the Hertz Fuel Purchase Value Option, with rates competitive to local market prices, to automatically purchase a full tank of gas at the start of their rental. They can return the car with the gas at any level.
    3. Hertz Protection Plans: Members choose the Hertz Protection Package that is right for them ("Protect the Car," "Protect Me," or "Protect Me, Others and My Stuff") and drive with confidence.

    Once members select and update their Gold Member profiles and agree to the above terms, following their rental, they simply fill in the express return slip on their Rental Agreement, leave it with the keys* and get on their way. Hertz will then email their eReceipt to them within 30 minutes.

    *Available at select US airports

    ABOUT THE HERTZ CORPORATION

    A subsidiary of Hertz Global Holdings, Inc. (NYSE: HTZ), Hertz is the world’s largest general use car rental brand, operating from approximately 8,500 locations in 146 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 83 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®, NeverLost® customized, onboard navigation systems, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the Company’s Collections, set Hertz apart from the competition. Hertz car sharing operates in Berlin, London, Madrid, 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 325 branches in the United States, Canada, China, France and Spain.

    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