with approximately 5,500 locations in more than 165 countries. Avis has a
long history of innovation in the car rental industry and is one of the
world's top brands for customer loyalty. Avis is owned by Avis Budget
Group, Inc. (NASDAQ: CAR), which operates and licenses the brand
throughout the world. Avis Budget Group, Inc. also owns the Budget Car
Rental, Payless Car Rental, and Zipcar brands.