Zipcar Selected By U.S. General Services Administration as Part of the First Car Sharing Offering Within the Federal Government Fleet Program

CAMBRIDGE, Mass., Oct. 26, 2011 /PRNewswire/ -- Today, Zipcar, Inc. (Nasdaq: ZIP), the world's leading car sharing network, announced that is has been awarded a blanket purchase agreement (BPA) by the U.S. General Services Administration's Office of Motor Vehicle Management (GSA Fleet) as a vendor for the Federal government's Short Term Rental (STR) program.

This marks the first time that car sharing has officially been part of the GSA Fleet's list of approved vendors for use through the STR program by Federal government entities, which now have access to Zipcar's entire fleet of car sharing vehicles throughout the company's 12 major U.S. markets. The term of the BPA is from October 6, 2011, through September 30, 2012, with four one-year options to renew.

The GSA Fleet selection comes in the wake of several other city and state government contracts that Zipcar has recently secured.  The company also announced today a contract with the State of Illinois's Department of Central Management Services to provide car sharing to state employees.  In March 2011, Zipcar announced a partnership with the City of Chicago to provide an integrated fleet and car sharing solution for city agencies, and in October 2010 launched a partnership with the City of New York to provide car sharing memberships to Department of Transportation (DOT) employees as a part of a pilot program.  In Washington D.C., Zipcar launched a program called Fleet Share in April 2009, which provides FastFleet technology to 50 departments and agencies throughout the District.  Zipcar also provides a range of car sharing and FastFleet technology services to a variety of additional City, County and State government entities including the cities of Philadelphia, Pittsburgh, Seattle, Sacramento, Portland, OR; Cambridge, MA; and Wilmington, DE; as well as to the county of Santa Cruz.

“We are proud to offer our car sharing services and FastFleet technology to a broad spectrum of government entities on the Federal, State, City and County levels.  Zipcar fits into a new era when governments are trying to do more with less by utilizing new technologies, methods and practices,” said Zipcar Chairman and CEO, Scott Griffith.  “Our partnerships across a range of government agencies have already helped to create efficiencies and streamline costs for many levels and facets of government.  We are thrilled by the Federal government’s addition of Zipcar to the GSA Fleet program.”

About Zipcar

Zipcar is the world's leading car sharing network with more than 605,000 members and over 9,000 vehicles in urban areas and college campuses throughout the United States, Canada and the United Kingdom. Zipcar offers more than 30 makes and models of self-service vehicles by the hour or day to residents and businesses looking for an alternative to the high costs and hassles of owning a car. More information is available at www.zipcar.com.

Photos and b-roll footage are available for media purposes at www.zipcar.mediaroom.com.

ZIP-G

SOURCE Zipcar, Inc.