Category: Press Release

OAK PARK, Mich., Oct. 17, 2011 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s largest general use airport car rental brand, and Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) ("Azure"), a world leader in the development and production of hybrid electric and electric components and powertrain systems for light and medium commercial vehicles, today jointly announced the addition of the innovative Ford Transit Connect Electric van into Hertz’s fleet, a first for the car rental industry. The five Hertz units will be deployed mid-November at multiple locations as part of Hertz Entertainment Services and Hertz on Demand car sharing.

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"Hertz Entertainment Services and Hertz on Demand customers have unique vehicle needs and the Transit Connect Electric is a perfect fit for customers looking for the latest in mobility solutions while also achieving best in class sustainability practices," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "We expect to deploy the Transit Connect Electric in our B to B programs for customers who need a light duty van with a high degree of cargo capacity as a part of their fleet solutions."

"Since launching last year, a broad cross-section of businesses including utilities, delivery companies and even law firms have used the Transit Connect Electric to green their fleets," said Nancy Gioia, director of global electrification, Ford Motor Company. "With its new Transit Connect Electric fleet, Hertz will allow even more businesses in a variety of new industries to experience 100 percent electric and zero-emissions driving."

"The value-add of working with a marquee rental company like Hertz is that multiple end-users will get behind the wheel and experience our Transit Connect Electric first hand," said Scott Harrison, Azure Dynamics CEO. "Although driving performance and cargo versatility will be familiar compared to the conventional product, our Force Drive(TM) powertrain runs entirely on electricity, producing zero tailpipe emissions, and will likely be the first electric drive experience for many of Hertz customers."

According to independent data, rental car companies collectively operate approximately 1.63 million vehicles in the United States. As the economy gains traction, it is expected that U.S. rental companies will add vehicles to their fleets including fuel efficient ‘green’ vehicles.

Hertz Entertainment Services rents vehicles to various studios and entertainment companies that often choose to rent vehicles during periods of increased activity. Hertz On Demand is a pay-on-demand car membership club based on hourly rental services. The Transit Connect Electric program is a chance for both divisions to explore opportunities for the van’s inclusion in the fleet.

Hertz continues to improve the fuel economy of its vehicles through is Global EV eco-mobility program, which is championing an electric and plug-in hybrid vehicle mobility ecosystem that incorporates transportation options that minimize the impact of its operations on the environment and enables the company to continue consistent sound environmental behavior.

The Ford Transit Connect Electric utilizes Azure’s proprietary electric powertrain system and Johnson Controls’ advanced lithium-ion battery to achieve a range of 50 to 80 miles depending on auxiliary usage and drive cycle and is rechargeable using either a 240-volt or standard 120-volt outlet. Commercial vans generally return to a central location at the end of each driving cycle making for easy overnight recharging. Use of the Transit Connect Electric vehicles will also reduce fuel and maintenance costs, as well as reducing greenhouse gas emissions.

About Azure Dynamics

Azure Dynamics Corporation (TSX: AZD)(OTC: AZDDF) is a world leader in the development and production of hybrid electric and electric components and powertrain systems for light and medium commercial vehicles. Azure is strategically targeting the commercial delivery vehicle and shuttle bus markets and is currently working internationally with a variety of partners and customers. The Company is committed to providing customers and partners with innovative, cost-efficient, and environmentally-friendly energy management solutions. For more information please visit www.azuredynamics.com.

About Hertz

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc. (NYSE: HTZ), is the world’s largest airport general use car rental brand, operating from approximately 8,500 locations in 146 countries worldwide. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, through approximately 320 branches in the United States, Canada, France, Spain, China and Italy. For more information please visit www.hertz.com.

The TSX Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements Advisory

Certain information included in this press release constitutes forward-looking statements and information and future-oriented financial information under applicable securities legislation and is provided for the purpose of expressing management’s current expectations and plans for the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions.

More particularly, this press release contains statements concerning Azure’s anticipated: business development strategy, customer orders, product deliveries, sales, revenue and revenue growth. The forward-looking statements are based on a number of key expectations and assumptions made by Azure, including expectations and assumptions concerning achievement of current timetables for development programs and sales, target market acceptance of Azure’s products, current and new product performance, availability and cost of labor and expertise, and evolving markets for power for transportation vehicles. Although Azure believes that the expectations and assumptions used to develop the forward-looking statements are reasonable, undue reliance should not be placed on the forward-looking statements because Azure can give no assurance that they will prove to be correct.

Since forward-looking statements address future events and conditions, by their very nature they involve numerous risks and uncertainties that contribute to the possibility that the projections and forecasts in the forward-looking statements will not occur and that actual performance or results could differ materially from those anticipated in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks associated with Azure’s stage of development, history of losses and lack of historical product revenues, uncertainty as to product development and sales milestones being met, product defect and performance risks, competition for capital and market share, uncertainty as to target markets, dependence upon third parties, changes in environmental laws or policies, uncertainty as to patent and proprietary rights, availability and retention of management and key personnel, exchange rate and currency fluctuations, uncertainties relating to potential delays or changes in plans with respect to product development or capital expenditures, the ability of Azure to access sufficient capital on acceptable terms, and environmental and safety risks. This is not an exhaustive list and additional information on these risks and other factors that could affect Azure’s operations and financial results are included in reports on file with the Canadian securities regulatory authorities and can be accessed through the SEDAR website at www.sedar.com.

The forward-looking statements contained in this press release are made as of the date hereof and Azure undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Additionally, Azure undertakes no obligation to comment on the expectations of, or statements made by, third parties about Azure.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Oct. 13, 2011 /PRNewswire/ — Hertz On Demand, The Hertz Corporation’s (NYSE: HTZ) global hourly car rental program announced the delivery of a Nissan LEAF to Texas A&M University today.

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"As we continue to expand our University network, we are also expanding our fleet of EVs on campuses around the country," said Mark P. Frissora, Chairman and Chief Executive Officer, The Hertz Corporation. "With today’s youth being environmentally and technologically savvy, it’s important that we harness these concepts and deliver them through the services Hertz On Demand provides to students and staff."

Hertz On Demand was the first car share company to bring production EVs to a University campus when a Nissan LEAF was introduced to the University of Arizona’s fleet in April of this year.

"Texas A&M University is excited to be one of the first universities in the country to have an electric vehicle in its car share fleet," said Ron Steedly, Alternative Transportation Manager, Texas A&M University. "Our partnership with Hertz enables us to offer this cutting edge mode of transportation to the Aggie community."

Texas A&M will introduce and welcome the newest addition to their fleet, the Nissan LEAF electric vehicle from 11-1 pm CT at Texas A&M University’s Sbisa Plaza. Students, faculty and staff will be able to learn more about the Nissan LEAF and will be able to sign up for Hertz On Demand on site. The new Fiat 500 will also be on site for viewing.

Hertz On Demand launched at Texas A&M University in April 2011 with 5 vehicles. Today, the University has over 450 members enrolled in the program, and will have 7 vehicles with the addition of the Fiat 500, and the new Nissan LEAF electric vehicle, making the fleet at Texas A&M more diversified.

Hertz On Demand employs the latest in technology to provide a safe and superior customer service. Upon enrolling in Hertz On Demand, a member receives a smart chip enabled membership card, which gives keyless entry to any car in the fleet that the member reserves. In the car, a hands-free audio kit connects members to a Member Care Center representative should they have questions, need assistance or need to extend their rental. The in-car technology also enables Hertz On Demand to "communicate" with the vehicle, enabling representatives to unlock, engage and locate vehicles. The technologically advanced cars are also equipped with iPod connectivity, NeverLost® in-car navigation systems and EZ Pass transponders.

For more information, visit www.hertzondemand.com, visit the Hertz On Demand Facebook page, or call Member Care Services at 877-654-4400.

About Hertz On Demand

Hertz On Demand, The Hertz Corporation’s (NYSE: HTZ) global car sharing club (hourly car rental program), has more than 800 vehicles, 75,000 members and more than 200 locations worldwide, including corporate offices and universities. Hertz On Demand offers vehicles in the Personal, Social and Jet Set Collections; all are 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.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 20, 2011 /PRNewswire/ —

Event:	Hertz Global Holdings, Inc.’s (NYSE: HTZ) Chief Financial Officer Elyse Douglas to speak at the 2011 Citi Global Industrials Conference
Time/Date:	9:40AM (ET) on Wednesday September 21, 2011
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 October 5, 2011.

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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. For information on Hertz Equipment Rental, visit the company on the web at www.hertzequip.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 15, 2011 /PRNewswire/ — As travelers gear up for the fall drive season, The Hertz Corporation (NYSE: HTZ) today unveiled its new ‘Working for the Weekend‘ promotion which includes car giveaways and free weekend rentals. Through October 26, 2011 Hertz is giving US customers the opportunity to enter to win one of three Grand Prize car giveaways – a choice between the Dodge Challenger, Jeep Wrangler or a Chrysler 200 convertible – as well as the opportunity to ‘Spin to Win’ a variety of two and three day weekend rentals.

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"Our spring Weekend Getaway contest was incredibly popular, with more than 500,000 consumers visiting the site and we wanted to do something similar for people traveling this fall," commented Mark P. Frissora, Chairman and Chief Executive Officer for The Hertz Corporation. "Throughout the country, autumn is a popular drive season. With our ‘Working for the Weekend’ sweepstakes, we’re giving customers the opportunity to go from work to weekend instantaneously with free weekend giveaways while also giving three lucky entrants the opportunity to win a new car."

In addition to the Grand Prize Sweepstakes, the ‘Spin to Win’ game allows consumers to ‘spin’ the wheel for the chance to win either a two or three day weekend rental. Featuring Horatio, Hertz’s cheeky mascot, ‘Spin to Win’ highlights the accessibility of Hertz – at the airport and in the neighborhood – with special offers and deals as well as the free weekend giveaways. And, as an added thank you to Hertz customers, select airport locations throughout the country will be distributing scratch off cards that offer attractive discounts and added value products on their next Hertz rental.

To participate in the ‘Working for the Weekend’ promotion, US visitors to www.hertzweekend.com, complete the entry form to receive one entry into the Sweepstakes and one ‘Spin to Win’ game play for each day of the promotion. The ‘Spin to Win’ game is played instantaneously. At the end of the promotion, three entrants will be randomly selected to win the Grand Prize of a new car.

Full terms and conditions for the ‘Spin to Win’ game and Grand Prize car giveaways can be found online at www.hertzweekend.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®, 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 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., Sept. 9, 2011 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz") today announced that it has extended the expiration date of its exchange offer for all outstanding shares of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) ("Dollar Thrifty") for $57.60 in cash and 0.8546 shares of Hertz common stock. The exchange offer and withdrawal rights are now scheduled to expire at 12:00 midnight, New York City time, on November 1, 2011, unless further extended. The exchange offer was previously scheduled to expire at 12:00 midnight, New York City time, on September 9, 2011.

Except for the extension of the exchange offer expiration date, all other terms and conditions of the exchange offer remain unchanged. Hertz continues to pursue its immediate goal of obtaining FTC clearance for the proposed transaction with Dollar Thrifty. As of the close of business on September 9, 2011, approximately 2,616,001 shares of Dollar Thrifty common stock had been tendered into and not withdrawn from the exchange offer.

Stockholder questions regarding the exchange offer or requests for exchange offer documents may be directed to Hertz’s information agent for the exchange offer, Innisfree M&A Incorporated, toll-free at (877) 456-3507. Stockholder questions regarding the exchange offer may also be directed to Hertz’s dealer manager for the exchange offer, Barclays Capital, toll-free at (888) 610-5877.

Barclays Capital, Lazard, Bank of America Merrill Lynch and Deutsche Bank Securities are acting as financial advisors to Hertz. Barclays Capital is acting as the dealer manager for the exchange offer. Cravath, Swaine & Moore LLP, Debevoise & Plimpton LLP and Jones Day are acting as legal advisors to Hertz. William Blair & Company is acting as a financial advisor to Hertz in connection with the sale of its Advantage brand.

Contact information:

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

Scott Winter
Innisfree M&A Incorporated
Tel: 212-750-5833

Barclays Capital
Tel: 888-610-5877

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

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

About Hertz

Hertz is the world’s largest general use airport 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 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, Hertz has licensee locations in cities and airports in Africa and the Middle East. Product and service initiatives such as Hertz #1 Club Gold®, Never Lost® customized, onboard navigation systems, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through Hertz’s Adrenaline and Green Traveler Collections, set Hertz apart from the competition. In 2008, Hertz 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, China, France, Italy, Saudi Arabia and Spain.

Additional Information

This communication relates to the offer (the "Offer") by HDTMS, Inc. ("HDTMS"), a wholly owned subsidiary of Hertz, to exchange each issued and outstanding share of common stock (including the associated preferred stock purchase rights) of Dollar Thrifty for $57.60 in cash and 0.8546 shares of Hertz common stock. The Offer is scheduled to expire at 12:00 midnight, New York City time, on November 1, 2011, unless further extended by HDTMS. Any extension of the expiration date will be made by public announcement no later than 9:00 a.m., New York City time, on the first business day after the previously scheduled expiration date. This communication is for informational purposes only and does not constitute an offer to exchange, or a solicitation of an offer to exchange, shares of Dollar Thrifty common stock, nor is it a substitute for the Tender Offer Statement on Schedule TO or the Prospectus/Offer to Exchange included in the Registration Statement on Form S-4 (Reg. No. 333-174042) (collectively, with the accompanying Letter of Transmittal and related documents and as amended from time to time, the "Exchange Offer Documents") filed by Hertz with the Securities and Exchange Commission (the "SEC"). The SEC declared the Registration Statement related to the Offer effective on June 1, 2011. The Offer is made only through the Exchange Offer Documents.

Security holders and investors may obtain any of the foregoing documents for free by visiting EDGAR on the SEC website at www.sec.gov or by calling Innisfree M&A Incorporated toll-free at (877) 456-3507. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THESE DOCUMENTS AND OTHER RELEVANT MATERIALS AS THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.

Forward-Looking Statements

Certain statements contained herein constitute forward-looking statements. These statements are based on the current expectations and beliefs of Hertz and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that (1) Hertz may be unable to obtain regulatory approvals required for the Offer or may be required to accept conditions that could reduce the anticipated benefits of the Offer as a condition to obtaining regulatory approvals; (2) Dollar Thrifty stockholders may not tender a sufficient number of shares into the Offer or Hertz may otherwise be unable to consummate the Offer; (3) the length of time necessary to consummate the Offer may be longer than anticipated; (4) problems may arise in successfully integrating the businesses of Hertz and Dollar Thrifty and Hertz may not realize the anticipated synergies and other benefits following the Offer; (5) the Offer may involve unexpected costs; (6) the Hertz and Dollar Thrifty businesses may suffer as a result of uncertainty surrounding the Offer; and (7) Hertz and/or Dollar Thrifty may be adversely affected by the other risks described in the SEC reports of Hertz and Dollar Thrifty. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by Hertz. Hertz assumes no obligation and expressly disclaims any duty to update the information contained herein except as required by law.

SOURCE Hertz Global Holdings, Inc.

PARK RIDGE, N.J., Sept. 8, 2011 /PRNewswire/ —

Event:	Hertz Global Holdings’ (NYSE: HTZ) Chairman and Chief Executive Officer Mark P. Frissora, and other members of senior management, will present an overview of the company’s operational and financial strategy at the company’s annual investor meeting.
Time/Date:	8:00 AM (ET) on Tuesday, September 13, 2011
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.

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

ABOUT THE HERTZ CORPORATION

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®, 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 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. For information on Hertz Equipment Rental, visit the company on the web at www.hertzequip.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Sept. 1, 2011 /PRNewswire/ — Hertz Global Holdings, Inc. ("Hertz") (NYSE: HTZ) announced that it has completed the acquisition of Donlen Corporation ("Donlen"), a leading provider of fleet leasing and management services. The acquisition was funded by $177 million in cash proceeds from Hertz and the assumption of $770 million in Donlen fleet debt.

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Donlen provides Hertz an immediate leadership position in long-term car, truck and equipment leasing and fleet management. This transaction is part of the overall growth strategy of Hertz to provide the most flexible transportation programs for corporate and general consumers.

Mark P. Frissora, the Chairman and Chief Executive Officer of Hertz, said, "The acquisition of Donlen is consistent with the evolution of Hertz’s asset-light, technology focused business model and is part of the Company’s overall growth strategy to provide the most flexible transportation programs for corporate and retail customers. Integrating Donlen into the Hertz family of products gives us a yearly and multi-year offering that complements our current core competencies of hourly, daily and monthly car sharing and car rental options and provides the Company with a more stable revenue stream and new adjacent markets to leverage our existing business model."

With more than 144,000 vehicles under lease and management across the United States, Canada and Mexico, Donlen generates revenue through its high-quality, diversified lease portfolio and its fee-based fleet management and services business. For over a decade, Donlen has posted consistent increases in pre-tax income, a trend that continued throughout the recession in 2008 and 2009. In 2010 Donlen generated gross billings of approximately $920 million and revenues of approximately $350 million. The transaction is immediately accretive to Hertz’s earnings and is EVA positive in year one.

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®, 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 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.

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. Forward-looking statements involve a number of risk and uncertainties, and actual results or events may differ materially from those projected or implied in those statements. Examples include statements regarding the benefits and impact of the proposed transaction, including accretion to earnings, the combined company’s ability to achieve the synergies and value creation that are contemplated by the parties, Hertz’s ability to promptly and effectively integrate Donlen’s business, and the diversion of management time on transaction-related issues. Additional examples of forward-looking statements include information concerning Hertz’s or the combined company’s outlook, anticipated revenues, results of operations and implementation of productivity and efficiency initiatives, and the anticipated savings and restructuring charges expected to be realized or incurred in connection therewith, 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," "forecast" or similar expressions. These statements are based on certain assumptions that Hertz has made in light of its experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that it believes are appropriate in these circumstances. Hertz believes these judgments are reasonable, but you should understand that no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial conditions of Hertz or the combined company, due to a variety of important factors, both positive and negative. Among other items, such factors could include the overall strength and stability of general economic conditions, both in the United States and in global markets, including the timing and strength of the current recovery; levels of travel demand, particularly with respect to airline passenger traffic in the United States and in global markets and the impact of disruptions or reductions in air travel resulting from airline bankruptcies, industry consolidation, capacity reductions, pricing actions or other events; the effect of significant changes in the competitive environment, including as a result of industry consolidation, and the effect of competition in Hertz’s markets, including on its pricing policies or use of incentives; its ability to achieve cost savings and efficiencies and realize opportunities to increase productivity and profitability; its ability to accurately estimate future levels of rental and leasing activity and adjust the size of its fleets accordingly; the impact of safety recalls by the manufacturers of its rental and leased vehicles and equipment; the impact of a major disruption in its communication or centralized information networks or payment systems; and 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 materially affect its operations or the cost thereof.

Hertz cautions you that you should not rely unduly on these forward-looking statements, which reflect its current beliefs and are based on information currently available. All forward-looking statements attributable to Hertz or persons acting on Hertz’s behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and Hertz undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Additional information concerning these statements and other factors can be found in Hertz’s filings with the SEC, including the Annual Reports on Form 10-K, the quarterly reports on Form 10-Q, current reports on Form 8-K and other documents Hertz has filed.

SOURCE Hertz Global Holdings, Inc.

SHANGHAI, Aug. 24, 2011 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) today announced the expansion of its Global EV initiative to China, making it the first global rental car company to offer electric vehicles (EVs) on three continents. Hertz now offers EVs across the US in cities including New York, Washington, DC, San Francisco, Los Angeles, and in London, United Kingdom and other cities in Europe. To help build a market for what is the first EV rental service in China, Hertz launches several new programs:

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• Hertz commenced an alliance with GE Industrial Solutions China to develop a new business model to market EVs in China, which includes the co-location of electric vehicles and GE EV Infrastructure.
• Hertz signed an agreement to participate in the China (Shanghai) International EV Pilot City to propel an EV rental program, building out the infrastructure across the Jiading district of Shanghai as the starting point to make EVs accessible to corporations, local government and the general public, as well as promote the benefits of EVs.
• Hertz launches a partnership with BYD, the largest Chinese local auto brand, to combine electrical vehicle sales and leasing as a mobility solution for MNC and government agencies in metropolitan Chinese cities and to promote new energy applications to propel and further develop the EV marketplace in China.

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"China has committed to rapidly expand electric vehicle travel and Hertz is committed to supporting the important EV Pilot City program," said Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Working with our existing rental car network in China and partners such as GE, we are dedicated to helping build the necessary EV infrastructure in China and to create a new transportation solution that employs the latest technology and harnesses innovations being launched in China today."

The agreements are part of a multi-layered approach to launch an EV rental program in Shanghai. Key features of the agreements include commitments from:

• Hertz and GE Industrial Solutions to co-locate electric vehicles and GE EV Infrastructure across China. The two companies will bundle EV leasing and charging facilities as a solution, which will be offered to multinational companies and government agencies to promote new energy application. Both Hertz and GE Industrial Solutions will leverage each other’s services, products and client bases to go to market together as business partners.
• GE Industrial Solutions will provide end-to-end integrated EV infrastructure solutions and electrical distribution products to support this ecosystem development.
• Hertz, GE and China (Shanghai) International EV Pilot City will collaborate to accelerate the pace of EV adoption in China.
• Hertz and BYD to partner to create an EV mobility solution for MNC and government agencies in key Chinese cities. As part of this agreement, Hertz will introduce the BYD e6 into its Chinese fleet.

"GE, as a world-wide leading company is glad to respond to the Chinese government’s call for support of the EV industry. It’s our great pleasure to be invited to this partnership with Hertz and China international EV Zone," stated Johnny Wang, General Manager, Greater China, GE Energy Industrial Solutions, "Signing this MoU among us will bring to our integrated EV solutions based on our strengths and advantages in separate areas. Electric vehicles will be increasingly prioritized in national energy strategies around the world."

Earlier this year, Shanghai was selected as the electric vehicle international pilot city by the Chinese government and Jiading district of Shanghai as the electric vehicle international demonstration zone, with a goal of increasing public awareness and integration within the industry. Current partners include auto manufactures, energy suppliers, insurance companies and the other EV supply chain participants. Hertz is the first rental car company to sign a MoU to become a partner of the China (Shanghai) International Electric Vehicle Pilot City. The agreement supports the Twelfth Five-Year Plan objective for the promotion of EVs in China and will serve as a foundation for further innovation and development of the infrastructure.

In its first year, the Hertz Global EV initiative has grown from a vision to a market presence in more than ten cities, offering a diverse fleet of electric vehicles from manufactures like BYD Auto as well as Nissan, GM, Mitsubishi, Renault and Tesla. As the world’s largest general use airport car rental brand, Hertz is uniquely positioned to introduce multiple groups of consumers – urban drivers, university students, travelers and corporations – to all-electric and plug-in hybrid vehicles. As part of its strategy, Hertz is forming partnerships with automakers, charging station providers, municipalities, NGOs, corporations and other stakeholders.

"At the Clinton Global Initiative last September, we announced a commitment to provide electric vehicle access on a global scale, an ambitious goal," commented Frissora. "In less than one year, Hertz is now the leading provider of EV mobility solutions, offering an unparalleled selection of EVs and Plug-in Hybrid Electric Vehicles (PHEVs) in cities worldwide. We are firmly committed to adding new retail and Business to Business EV car rental locations internationally as auto manufacturers ramp up EV and PHEV production over the next few years."

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.

For more information, visit www.hertz.com.

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.

Hertz entered China since 2002 with outbound rental services. In 2009, Hertz established a WOFE and started to provide a wide range of domestic rental services in addition to its outbound rental business, serving both individual customers as well as corporate customers. Leveraging its internationally strong brand power as well as its DNA of continuous innovation, Hertz strives to grow its business fast in China via continuously differentiated and innovative leasing and rental services to satisfy customers’ needs.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Aug. 23, 2011 /PRNewswire/ — Hertz (NYSE: HTZ) and Marriott introduce electric-vehicle (EV) car sharing at the San Francisco Airport Marriott Waterfront and the first EV car rental program in downtown San Francisco. This new, cutting-edge hotel amenity enables guests and local area residents to drive a wide range of new EV models made available on an hourly or daily basis through Hertz On Demand car sharing. EVs are available at the San Francisco Airport Marriott Waterfront 24/7 with Hertz self-service technology enabling guests and area residents the luxury of signing up for Hertz On Demand car sharing on the spot and using an EV immediately. In addition, Hertz is the first car rental company to introduce EVs into its downtown San Francisco fleet which can be rented from Hertz Rent A Car‘s Mason Street Location.

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(Photo: http://photos.prnewswire.com/prnh/20110823/NY56540 )

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

"Hertz is excited to partner with Marriott to bring EVs to car rental customers in the city of San Francisco," commented Mark P. Frissora, Hertz chairman and CEO. "Hertz has a 30-year relationship with Marriott and we can be found in more than 100 Marriott hotels nationwide. There is a strong appetite for EVs in San Francisco and residents have proven to be early adopters of this new mobility solution. Introducing EVs into San Francisco ushers in a new, exciting chapter in our relationship as we bring the cars of tomorrow to consumers today."

According to Clif Clark, general manager of the San Francisco Airport Marriott Hotel, "The hotel recently installed two EV charging stations that can fully charge an electric vehicle in three to four hours. Additionally, we are the first Marriott hotel to enter into a car-sharing agreement with Hertz, which enables us to have dedicated electric vehicles available for guests, associates or general public use."

Hertz is the first car-rental company to deploy EVs and PHEVs (plug-in hybrid electric) in both the U.S. (available to the public in New York, Washington, D.C. and San Francisco) and the U.K. (available in London.) 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 like the San Francisco Airport Marriott Waterfront to make EVs easily accessible to consumers.

To reward consumers for embracing the economic savings and positive environmental impact of electric vehicles, the San Francisco Airport Marriott Waterfront will offer free valet parking and a free car charge for an electric vehicle when dining in Flights 101 lounge or Hangar Steak restaurant, or when staying overnight. Additionally, the hotel and Hertz’s Mason Street location will have a series of electric vehicles available for hourly rental ranging in price from $6 to $8. Customers will be able to join Hertz On Demand car sharing for free at the hotel and Mason Street location — or via any Internet browser — then reserve the dedicated EVs (Nissan Leaf, EV Smart Car, and later Chevy Volt) at their convenience on a first-come, first-served basis.

The San Francisco Airport Marriott Waterfront is located in Burlingame, Calif., just minutes from the SFO International Airport, overlooking the San Francisco Bay. The waterfront hotel features 685 guestrooms and 24 suites. Guests can enjoy a meal before a long flight at the hotel’s Hangar Steak restaurant or sip a cocktail in the Flights 101 Lounge overlooking the water. For additional information, visit www.sanfranciscoairportmarriott.com or call 650-692-9100.

Marriott Hotels & Resorts is Marriott International’s signature and most widely distributed brand, with more than 500 hotels and resorts in 54 countries. Marriott continues to inspire performance and a balanced life on the road for discerning and high-achieving business and leisure travelers, offering warm, professional service; sophisticated yet functional guest room design; lobby spaces that facilitate working, dining and socializing; restaurants and bars serving international cuisine prepared simply and from the freshest ingredients; meeting and event spaces and services that are gold standard; and expansive, 24-hour fitness facilities. All Marriott hotels participate in the award winning Marriott Rewards frequent travel program that allows members to earn hotel points or airline miles for every dollar spent during each stay. For more information, visit www.MarriottHotels.com. Follow Marriott Hotels & Resorts on Twitter at www.twitter.com/MarriottHotels.

Visit Marriott International, Inc. (NYSE: MAR) for company information. For more information or reservations, please visit our web site at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.

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 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 325 branches in the United States, Canada, China, France, Italy, Spain and Saudi Arabia.

For more information please see www.hertz.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Aug. 15, 2011 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz") today announced that it has received a request for additional information ("Second Request") from the Federal Trade Commission ("FTC") relating to Hertz’s proposed acquisition of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) ("Dollar Thrifty"). The Second Request was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

Hertz continues to cooperate with the FTC to obtain antitrust regulatory clearance for the proposed acquisition.

Barclays Capital, Lazard, Bank of America Merrill Lynch and Deutsche Bank Securities are acting as financial advisors to Hertz. Barclays Capital is acting as the dealer manager for the exchange offer. Cravath, Swaine & Moore LLP, Debevoise & Plimpton LLP and Jones Day are acting as legal advisors to Hertz. William Blair & Company is acting as a financial advisor to Hertz in connection with the sale of its Advantage brand.

Contact information:

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

Scott Winter
Innisfree M&A Incorporated
Tel: 212-750-5833

Barclays Capital
Tel: 888-610-5877

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

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

About Hertz

Hertz is the world’s largest general use airport 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 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, Hertz has licensee locations in cities and airports in Africa and the Middle East. Product and service initiatives such as Hertz #1 Club Gold(R), Never Lost(R) customized, onboard navigation systems, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through Hertz’s Adrenaline and Green Traveler Collections, set Hertz apart from the competition. In 2008, Hertz 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, China, France, Italy, Saudi Arabia and Spain.

Additional Information

This communication relates to the offer (the "Offer") by HDTMS, Inc. ("HDTMS"), a wholly owned subsidiary of Hertz, to exchange each issued and outstanding share of common stock (including the associated preferred stock purchase rights) of Dollar Thrifty for $57.60 in cash and 0.8546 shares of Hertz common stock. The Offer is scheduled to expire at 12:00 midnight, New York City time, on September 9, 2011, unless further extended by HDTMS. Any extension of the expiration date will be made by public announcement no later than 9:00 a.m., New York City time, on the first business day after the previously scheduled expiration date. This communication is for informational purposes only and does not constitute an offer to exchange, or a solicitation of an offer to exchange, shares of Dollar Thrifty common stock, nor is it a substitute for the Tender Offer Statement on Schedule TO or the Prospectus/Offer to Exchange included in the Registration Statement on Form S-4 (Reg. No. 333-174042) (collectively, with the accompanying Letter of Transmittal and related documents and as amended from time to time, the "Exchange Offer Documents") filed by Hertz with the Securities and Exchange Commission (the "SEC"). The SEC declared the Registration Statement related to the Offer effective on June 1, 2011. The Offer is made only through the Exchange Offer Documents.

Security holders and investors may obtain any of the foregoing documents for free by visiting EDGAR on the SEC website at www.sec.gov or by calling Innisfree M&A Incorporated toll-free at (877) 456-3507. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THESE DOCUMENTS AND OTHER RELEVANT MATERIALS AS THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.

Forward-Looking Statements

Certain statements contained herein constitute forward-looking statements. These statements are based on the current expectations and beliefs of Hertz and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that (1) Hertz may be unable to obtain regulatory approvals required for the Offer or may be required to accept conditions that could reduce the anticipated benefits of the Offer as a condition to obtaining regulatory approvals; (2) Dollar Thrifty stockholders may not tender a sufficient number of shares into the Offer or Hertz may otherwise be unable to consummate the Offer; (3) the length of time necessary to consummate the Offer may be longer than anticipated; (4) problems may arise in successfully integrating the businesses of Hertz and Dollar Thrifty and Hertz may not realize the anticipated synergies and other benefits following the Offer; (5) the Offer may involve unexpected costs; (6) the Hertz and Dollar Thrifty businesses may suffer as a result of uncertainty surrounding the Offer; and (7) Hertz and/or Dollar Thrifty may be adversely affected by the other risks described in the SEC reports of Hertz and Dollar Thrifty. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by Hertz. Hertz assumes no obligation and expressly disclaims any duty to update the information contained herein except as required by law.

SOURCE Hertz Global Holdings, Inc.