Avis Budget Group Recognized as One of America's Top Organizations for Multicultural Business Opportunities

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Tue May 19, 2009 12:06pm EDT

  PARSIPPANY, NJ, May 19 (MARKET WIRE) -- 
For the second consecutive year, Avis Budget Group has been named one of
America's Top Organizations for Multicultural Business Opportunities by
DiversityBusiness.com.

    "The marketplace has become as sensitive to diversity as it is to
revenue," said Kenton Clarke, chief executive officer of
DiversityBusiness.com. "Avis Budget Group's award-winning supplier
diversity program uses certified minority, women-owned and disadvantaged
businesses throughout its international supply chain. Their commitment to
help grow and expand these businesses continues to be a cornerstone of
their brand."

    More than 650,000 diversity business owners had the opportunity to
participate in an online election to determine the top organizations for
2008. Avis Budget Group was one of 50 Fortune 500 companies and government
agencies recognized in 2008 based on the business opportunities they
provide to diverse suppliers. Others recognized include Hewlett-Packard,
Lockheed Martin, PepsiCo, Inc. and United Parcel Service (UPS).

    "We're proud to accept this distinguished honor and to be recognized by
this group of diverse suppliers," said Ronald L. Nelson, Avis Budget Group
chairman and chief executive officer. "This award speaks to our commitment
to leveling the playing field for minority, women and disadvantaged
businesses and providing them with the same opportunities as large
corporations."

    Avis Budget Group is also a corporate member of the Airport Minority
Advisory Council, the Women's Business Enterprise National Council, the
United States Hispanic Chamber of Commerce and the United States Pan Asian
American Chamber of Commerce.

    About DiversityBusiness.com

    Launched in 1999, DiversityBusiness, with over 46,000 members, is the
largest organization of diversity owned businesses throughout the United
States that provide goods and services to Fortune 1000 companies,
government agencies, and colleges and universities. DiversityBusiness
provides research and data collection services for diversity including the
"Top 50 Organizations for Multicultural Business Opportunities," "Top 500
Diversity Owned Companies in America," and others. Its research has been
recognized and published by Forbes Magazine, Business Week and thousands
of other print and internet publications. DiversityBusiness.com is
produced by Computer Consulting Associates International Inc. (CCAii.com)
of Southport, CT.

    About Avis Budget Group, Inc.

    Avis Budget Group, Inc. (NYSE: CAR) is a leading provider of vehicle
rental services, with operations in more than 70 countries. Through its
Avis and Budget brands, the Company is the largest general-use vehicle
rental company in each of North America, Australia, New Zealand and
certain other regions based on published airport statistics. Avis Budget
Group is headquartered in Parsippany, N.J. and has more than 26,000
employees. For more information about Avis Budget Group, visit
www.avisbudgetgroup.com.

    



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