Category: Press Release

PARK RIDGE, N.J., Feb. 2, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) today announced the expansion of its car sharing fleet in the greater Washington, D.C. Metropolitan Area, growing its car sharing program, Hertz On Demand in the nation’s capital. With a range of cars – from electric vehicles, available at Union Station, and compacts to sedans and SUVs – available both in parking garages, outdoor spaces and in 23 on-street parking spots, the Hertz On Demand fleet in metro Washington, D.C. will be one of the largest and most diverse in the District.

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"By making vehicles readily available in more locations, Hertz On Demand is making car sharing more convenient and accessible to Washington, D.C. residents, visitors and workers," commented Mark P. Frissora, Chairman and Chief Executive Officer of Hertz. "Hertz On Demand is free to join with no annual, membership or late fees. Our member benefits, which far exceed those of our competitors, coupled with our selection of cars really enables members to specifically choose the car they want for the trip they are taking."

Hertz On Demand vehicles will be available in all 8 Wards of the District including Union Station, Adams Morgan, Connecticut Avenue NW, Pennsylvania Avenue SE, Anacostia, H St. NE, Logan Circle, Dupont Circle, Columbia Heights, Takoma, Cleveland Park, Friendships Heights, Georgetown, and South Capitol Street. As the program expands, additional locations will be opened throughout the city and surrounding suburbs, including Virginia and Maryland.

Local residents and visitors can sign up online, and start reserving cars from one of Hertz On Demand’s locations to experience the enhanced member benefits offered by the car sharing club, including:

• Free membership. Hertz On Demand has no enrollment fee or annual membership fee, and offers low hourly and daily rates.
• Rental fleet options will include the Nissan Altima, Mercedes C300, Mitsubishi Endeavor, Cadillac CTS, Fiat 500, Chevy Cruze, Chevy Malibu, Mazda 2, Mazda 3 and Jeep Patriot. All-electric and plug-in hybrid cars, including the smart fortwo electric drive and Nissan LEAF, are also available at Union Station as part of the Hertz Global EV program.
• 180 miles a day(1), gas and insurance included in rates.
• Daily rates on Hertz rental car for longer trips; Ability to rent a car for up to 30 days.
• Unparalleled member service including 24/7 live, in-car assistance from a team of Hertz Member Care experts.
• No late fees. Hertz On Demand members will not receive punitive charges/late fees for the late return of a vehicle.(2)

Hertz On Demand provides an economical, convenient and socially conscious alternative to car ownership. The service is a pay-as-you-go system, providing members with 24/7 access to vehicles strategically located throughout their city. It has approximately 120,000 members, is available in six countries and on approximately 60 university campuses. Overall, Hertz On Demand offers its members products and services that are unmatched in the car sharing industry, including:

• The elimination of all membership and renewal fees in the U.S. and Europe
• Guaranteed vehicle availability Monday through Thursday in New York City
• One-way car sharing rentals between 175 locations in the Northeast U.S.
• An expanded car sharing fleet with new vehicles added to the service. The U.S. fleet includes luxury cars, including the Cadillac Escalade Hybrid, Buick Enclave and GMC Acadia; and cars suitable for moving, including the Ford Transit Connect and the Nissan Titan pick-up truck. Additionally, a variety of electric vehicles are available at select locations, including the Chevy Volt, Nissan LEAF, and smart fortwo electric drive
• Simplified reservation process. Hertz On Demand has a newly redesigned member website, www.HertzOnDemand.com, with a simplified reservation process, including one way map routing and reservations, enhanced search capabilities, faster page load times and enhanced details about car makes and models
• Unparalleled Member Service. Hertz On Demand’s industry leading, proprietary in-car technology provides members a safe and superior car rental experience. Upon enrolling, members receive a smart chip enabled card which gives them keyless entry to any reserved car. In the vehicle, a hands-free audio kit connects members to an in-house Member Care Center representative – available 24/7, 365 days a year – should they have questions, need assistance or need to extend their reservation. Hertz On Demand is able to "communicate" with the vehicle, enabling representatives to unlock, engage and locate vehicles, and cars are equipped with iPod and Bluetooth connectivity, for hands free driving, as well as EZ Pass transponders.

As the only leading global rent-a-car company to also offer a car club, Hertz is ideally positioned to offer companies tailored solutions which are designed to meet the demands of today’s businesses. Businesses can reduce expenses and control costs by converting fixed fleet costs into variable costs by only paying for per trip usage. Shared cars can be used for professional purposes, including trips to nearby offices and off-site business meetings. Additionally, businesses can give employees a money-saving perk by offering Hertz on Demand cars at work, making cars available for personal usage. Hertz on Demand is able to place cars on corporate sites and also offer corporate members the added benefit of classic rent a car services. Businesses, government entities with fleet operations, and even companies operating residential buildings, such as apartment blocks, can all benefit by offering employees and tenants car sharing services. Hertz on Demand also serves businesses and organizations including Marriott International, and BAA Airports Ltd.

For more information, visit www.HertzOnDemand.com or follow Hertz On Demand on Facebook [www.facebook.com/hertzondemand] or Twitter [www.twitter.com/hertz].

About Hertz On Demand
Hertz on Demand, Hertz’s global car sharing club, has more than 850 vehicles, 120,000 members and more than 250 locations worldwide, including corporate offices and universities. Hertz on Demand offers a variety of vehicles available for online reservation 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 Member Care Center communication, and 180 free miles per day. For more information, visit www.HertzOnDemand.com.

About Hertz
Hertz is the largest worldwide airport general use car rental brand operating from approximately 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. 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.

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

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.

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"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.

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.

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"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

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.

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"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

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.

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"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

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

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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

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.

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.

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"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

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.

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"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

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.

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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