For Immediate Release |
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Contact: Chris Payne or Jason Logan | |
Phone: (918) 669-2379 |
Clearwater, Fla., April 3, 2001 – IMRglobal Corp. (“IMRglobal”) (Nasdaq: IMRS), a leading global provider of end-to-end information technology solutions, announced today that it has been awarded a contract by Thrifty Rent-A-Car System, Inc., a subsidiary of the Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) for the development of a Fleet Management System.
The project is aimed at creating a comprehensive vehicle management and leasing system to replace its existing fleet system. The new system will be web-enabled, and it will also integrate vehicle ordering from additional sources. The system project will also allow the company to expand its vehicle leasing programs, support used car purchasing and leasing, and better serve its network of franchise owners.
Fulfillment of this fixed-price contract will rely heavily on IMRglobal’s offshore development centers in India and its rapid delivery model, including its “24x7 virtual work day” and proven methodologies.
“This contract win is an important one for IMRglobal,” said Satish K. Sanan, president and CEO of IMRglobal. “It is indicative of our growing strength in the commercial services market. As the entire automotive industry becomes increasingly Web-centric, our ability to improve and integrate existing systems into this new environment is a perfect match for such technological endeavors.”
IMRglobal is a leading global provider of end-to-end information technology solutions to Fortune 500 and Global 2000 companies in key vertical industries. Those industries include financial services, healthcare, government, utilities, retail and manufacturing/distribution. IMRglobal’s services include business consulting, e-business, software development, application maintenance and professional services. For more information on IMRglobal, visit www.imrglobal.com .
Thrifty Rent-A-Car System, Inc., headquartered in Tulsa, OK, is a value-oriented car rental company that has a significant presence both in the airport and local car rental markets. Thrifty is one of the world’s largest international car rental franchise networks, consisting of more than 1,300 locations in 58 countries around the world. Thrifty is a subsidiary of Dollar Thrifty Automotive Group, Inc.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: With the exception of statements regarding historical matters and statements regarding the Company’s current status, certain matters discussed herein are forward-looking statements that involve substantial risks and uncertainties. These forward-looking statements may include those identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions. Actual results, performance or achievements could differ materially from these forward-looking statements. Factors that could cause or contribute to such material differences include the failure to convert prospects into actual business, risks related to our merger and acquisition strategy, variability of operating results, potential cost overruns on fixed-price projects and competition in the IT services industry. A discussion of these and other risk factors that may cause actual results to differ from these forward-looking statements can be found in the Company’s periodic filings with the SEC under the Securities Exchange Act of 1934.
