Hertz On Demand to operate Lufthansa airline's employee CarPool of 1000 vehicles

With Lufthansa CarPool deal Hertz becomes #1 in global corporate car sharing sector

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Mar 25, 2013, 09:30 ET

PARK RIDGE, N.J., March 25, 2013 /PRNewswire/ -- The Hertz Corporation (NYSE:HTZ) has announced that its global car sharing business Hertz On Demand is now serving as the operator of Lufthansa CarPool for the airline's employees, making Hertz the leading player in the corporate car sharing sector. Hertz will supply and maintain more than 1,000 vehicles equipped with Hertz On Demand car sharing technology as well as operate the CarPool booking system. A wide range of vehicles at attractively priced rates are available at convenient locations for the employees of Deutsche Lufthansa and the company's partner firms at the airports in Frankfurt, Munich and Hamburg. The agreement is to run for an initial period of three years.

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Mark P. Frissora, Chairman and CEO of Hertz Corporation said: "Our innovative Hertz On Demand car share concept proved compelling to Lufthansa because it provides the ideal solution for the individual mobility needs of airline staff. We are proud to be cooperating with one of the world's leading airlines as well as becoming the number one player in the field of corporate car sharing."

Ralf Diederichs, Head of Travel Management & Mobility Services: "The Lufthansa Carpool powered by Hertz On Demand is an attractive offering for our employees. With its unique car sharing technology, wide range of vehicles and 24/7 service, Hertz On Demand provides us with the right answer for the mobility needs of our personnel."

Hertz On Demand offers Lufthansa and the airline's affiliate employees a "24/7" service all year round. The technology-equipped vehicles can be picked up and returned at any time. After signing up to the service, staff can make their car reservations via the internet, a mobile webpage, or by an iPhone app. The vehicles are unlocked using a Hertz RFID-enabled token that dispenses with the need for a key.

The new Lufthansa CarPool powered by Hertz on Demand offers registered users a wide choice of vehicles. The selection ranges from Fiat 500s and Ford Fiestas through to station wagons and SUVs. In addition, seven-seaters or transporters are available for either short- or long-term rental. One-way rentals between Lufthansa CarPool locations are possible and serve to increase vehicle flexibility.

About Hertz On Demand
Hertz On Demand has more than 230,000 members and 1600 vehicles located at over 800 locations worldwide, including cities, corporate offices and universities. Hertz On Demand offers vehicles equipped with keyless entry, and benefits covered by the competitive hourly rate including fuel, insurance, 24/7 roadside assistance, 24-hour in car Member Care Centre communication, and, in the US, 180 free miles per 24 hours. Further information about Hertz On Demand is available at www.hertzondemand.com

About The Hertz Corporation
Hertz operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries. Hertz is an inaugural member of Travel + Leisure's World's Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine's readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat's 2012/13 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique cars and SUVs offered through the Company's Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.