SOURCE: PlanetTran

May 22, 2006 08:00 ET

PlanetTran, Local Company With Prius, Lexus Hybrids, Benefits From High Gas Prices

Boston's All-Hybrid Livery Service Expands Fleet by 40%

CAMBRIDGE, MA -- (MARKET WIRE) -- May 22, 2006 -- PlanetTran, the nation's first all-hybrid transportation service, today announced that it has expanded its fleet of Toyota Prius and Lexus hybrids by 40%. With gasoline prices once again at more than $3.00 per gallon and poised to continue rising, most transportation-dependent businesses are suffering. In contrast, PlanetTran continues to thrive, despite escalating gas prices, as corporations and consumers strive for cost-effective transportation services. PlanetTran is also attractive to people seeking environmentally friendly ways to travel to and from Boston's Logan Airport, which serves more than 27 million customers annually.

"With a focus on new technology, corporate responsibility and progressive employment policies, PlanetTran is both the first company of its kind in the country and the established leader in automotive transport with an all-hybrid fleet," said R. Seth Riney, founder and president of PlanetTran. "We are delighted that the Boston area has been so receptive to using the cleanest, most fuel-efficient livery service available for travel to Logan Airport."

Mr. Riney added: "PlanetTran is not your grandfather's livery service. As the twenty-first century alternative to fuel-hungry 'black car' limos, we offer easy online booking and real-time customer service, as well as the most technologically advanced fleet on the road today. With gasoline prices continuing to rise for the foreseeable future and the burgeoning need for environmentally responsible transportation, we expect to continue to grow our fleet both in the Boston area and beyond."

PlanetTran Wins Cambridge Chamber of Commerce Award

On April 26, 2006, PlanetTran won the Cambridge Chamber of Commerce's Excellence in Business Award, Small Business of the Year category. Serving corporate customers such the Chamber's Corporate Citizen of the Year Genzyme, as well as other companies and local residents, PlanetTran was recognized for its excellence and unique commitment to environmentally friendly transportation.

Customers Comment on PlanetTran

"PlanetTran is a unique and exceptional service that we feel really good about. I recommend them extensively for our company and my friends." Tedd Saunders, Saunders Hotel Group, owner of The Lenox Hotel, Copley Square Hotel and Comfort Inn & Suites Boston/Airport

"I use PlanetTran at work and at home. There's nothing close to the service and support that PlanetTran provides. It is the best livery in the U.S." Harvey J. Berger, CEO, ARIAD Pharmaceuticals

"PlanetTran is an environmentally friendly alternative to taxi service. They are a clean, reliable and cost-effective alternative for local businesses." Judith Rossi, Business Travel Manager, Vertex Pharmaceuticals

"I have used PlanetTran for the past year for transportation to and from the airport. They provide a professional service with a difference." Sigmund Herzstein, Cambridge resident

About PlanetTran

PlanetTran, LLC is the first transportation company in the United States to use hybrid vehicle technology in a public auto service fleet. Based in Cambridge, Massachusetts, PlanetTran provides reliable public automobile transportation services to corporate and individual customers using the cleanest and most advanced technology on the road today. This service is competitively priced with taxis for the frequent traveler, and up to 30% less expensive than other scheduled livery services. Founded by R. Seth Riney, a Yale-trained systems engineer inspired to build an operationally efficient, logistically challenging, and environmentally responsible transportation company, PlanetTran offers an all-hybrid fleet of Toyota Prius sedans and Lexus RX400h SUVs. PlanetTran serves a wide range of customers, including corporate enterprises, such as ARIAD Pharmaceuticals, Biogen, Genzyme, Novartis, Vertex, The Lenox Hotel, Deloitte, McKinsey & Co., Sapient, Microsoft, and IBM, and not-for-profit institutions, such as Harvard University, M.I.T., the Sierra Club and the Union of Concerned Scientists. The company has also been lauded for its progressive employment policies. To book a trip or for more information about PlanetTran's unique service, please visit: www.planettran.com.

PlanetTran, LLC
One Broadway, 14th Floor
Cambridge, MA 02142
(617) 475-1665

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