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BP Awards FleetCor New Fleet Fuel Card Contract


News provided by

FleetCor Technologies, Inc.

Aug 19, 2010, 03:48 ET

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ATLANTA, Aug. 19 /PRNewswire/ - FleetCor, The Global Fleet Card Company, announced today that BP Products North America Inc. has awarded a new contract to FleetCor for commercial fleet card processing and program management for its proprietary fleet card products.

"This win marks the continuation of a great business relationship between BP and FleetCor," said Ron Clarke, FleetCor's Chairman & Chief Executive Officer. "We look forward to continuing our productive alliance."

BP and FleetCor have worked together to develop progressive card programs and services for BP's fuel marketers and fleet customers. "FleetCor and BP have strengthened our relationship and created one of the most competitive programs in the industry," says Bill Schmit, President of FleetCor's North American Major Oil Services Division.

About BP

BP (www.bp.com) markets more than 15 billion gallons of gasoline every year to U.S. consumers through over 11,000 BP and ARCO branded retail outlets and supplies more than 4 billion gallons of fuel annually to fleets, industrial users, auto and truck manufacturers, railroads and utilities.

BP is the single, global brand formed by the combination of the former British Petroleum, Amoco Corporation, Atlantic Richfield (ARCO) and Burmah Castrol. BP is a global producer, manufacturer and marketer of oil, gas, chemicals, and renewable energy sources.

About FleetCor

FleetCor (www.Fleetcor.com), The Global Fleet Card Company, is a worldwide leader in managing and processing commercial fuel cards. FleetCor serves over 530,000 commercial accounts with its fleet card programs in North America, Europe, Asia and Africa. FleetCor's card programs are marketed under a variety of brand names including: CCS, CFN, Fuelman, The Fuelcard Company, Keyfuels, Mannatec and PPR. FleetCor and its subsidiaries employ more than 1,000 associates located in 17 offices globally. FleetCor is privately owned by management, and a group of institutional private equity investors including Bain Capital, Summit Partners, and Advent International.

SOURCE FleetCor Technologies, Inc.

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