SOURCE: Avis Budget Group, Inc.

Avis Budget Group, Inc.

March 01, 2011 10:16 ET

Avis Budget Group's Supplier Diversity Program Achieves Best-in-Class Status for 11th Consecutive Year

PARSIPPANY, N.J.--(Marketwire - March 1, 2011) - Avis Budget Group, Inc. today announced that it has again been honored by the Women's Business Enterprise National Council (WBENC) as one of America's Top Corporations for Women's Business Enterprises. This is the 11th consecutive year that WBENC has recognized the Company's supplier diversity program for excellence. The program provides women's business enterprises equal access to corporate contracts.

"We congratulate Avis Budget Group for their exemplary leadership in partnering with women's business enterprises to sustain innovation in this country and fuel the nation's economic growth," said Linda Denny, president and chief executive officer of WBENC. "The Company's commitment is remarkable and helps to level the playing field for women's business enterprises."

Avis Budget Group was one of 20 U.S. companies named to the annual Top Corporations listing for 2010. Others recognized include Chevron, Johnson & Johnson, PepsiCo, Inc., UPS and Verizon.

"A diversified supplier chain is invaluable to our company's growth," said Ronald L. Nelson, Avis Budget Group chairman and chief executive officer. "We remain committed to providing women-owned, minority-owned and small businesses with equal access to compete for corporate contracts. We proudly accept the recognition as one of America's Top Corporations for Women's Business Enterprises."

Avis Budget Group is also a corporate member of the Airport Minority Advisory Council, the Billion Dollar Roundtable, the National Minority Supplier Development Council, the United States Hispanic Chamber of Commerce, the United States Pan Asian American Chamber of Commerce and the Women Presidents' Organization.

About WBENC
The Women's Business Enterprise National Council is the leading advocate for, and authority on, Women's Business Enterprises as suppliers and vendors to the nation's corporations.

About Avis Budget Group
Avis Budget Group, Inc. (NASDAQ: CAR) is a leading vehicle rental operator in the United States, Canada, Australia, New Zealand and certain other regions through its Avis and Budget brands. The Company also licenses its vehicle rental brands in more than 100 countries, enabling Avis and Budget to serve commercial and leisure travelers throughout the world. Avis Budget Group is headquartered in Parsippany, N.J. and has more than 21,000 employees. For more information about Avis Budget Group, visit www.avisbudgetgroup.com.