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WageWorks and Zipcar Team Up to Lower Transportation Expenses for Commuters

  WageWorks and Zipcar Team Up to Lower Transportation Expenses for Commuters

        New Program Offers Commuters Increased Convenience and Savings

Business Wire

SAN MATEO, Calif. & CAMBRIDGE, Mass. -- April 3, 2013

WageWorks, Inc. (NYSE: WAGE), a leading provider of Consumer‐Directed Benefits
(CDBs), such as pretax accounts for health, commuter and other employee
benefits, and the provider of TransitChek® commuter benefits, has teamed up
with Zipcar, Inc., the world's leading car sharing network, to provide
participants with discounted rates on Zipcars during the work week, making it
easy and cost-effective for commuters to access a vehicle when they need one.

“We believe everyone deserves an easier and less expensive commute, and this
partnership with Zipcar is one more way we’re going to be able to deliver on
our commitment to save people money on transportation,” said Dan Neuburger,
president of WageWorks Commuter Services. “This alliance is the perfect
complement to our commuter benefit program as it provides commuters who use
public transportation easy access to a car at discounted rates when and where
they need it during the work week.”

The new program allows WageWorks and TransitChek clients’ employees who are
not already Zipcar members to enjoy Zipcar membership benefits and save with a
waived application fee, as well as a discounted annual membership fee and
discounted rates on weekday driving. New members will also receive driving
credit to put toward their first Zipcar reservation. WageWorks and TransitChek
clients’ employees who are already Zipcar members also get to take advantage
of the discounted rates on weekday driving. WageWorks and TransitChek clients
who are interested in learning more about the program or joining Zipcar can
visit www.zipcar.com/wageworks.

Zipcar will promote TransitChek commuter benefits to its Zipcar for Business
members. With a TransitChek commuter benefits program participating employees
can use pretax dollars to pay for their commute—helping them save on taxes and
leaving them with more money in their pocket. Zipcar for Business is Zipcar’s
business transportation solution, which offers companies and their employees
low weekday rates and annual fees. Although Zipcar membership does not qualify
for pretax commuter benefits, this program will enable WageWorks customers to
save money on yet another commuter-related service. Those interested in
learning more about TransitChek commuter benefits can visit
www.transitchek.com/lp/zipcar.

“With Zipcar and WageWorks, companies can provide their employees the
convenience of having a car at work for whenever they need it at a fraction of
the cost,” said Zipcar President Mark Norman. “The TransitChek commuter
benefit program and Zipcar for Business is a win-win solution which will offer
employees easy access to vehicles at discounted prices during the work week,
while helping to reduce company and employee transportation expenses.”

Zipcar has a presence in 16 metropolitan markets in the United States. Zipcar
members reserve online or via their smartphone app, and within minutes can
reserve, unlock and drive. Gas, insurance and up to 180 miles of driving per
day are included with every Zipcar reservation. Available on an hourly,
overnight or daily basis, Zipcars come in a variety of models from hybrids,
sedans to SUVs.

About WageWorks

WageWorks (NYSE: WAGE) is a leading provider of Consumer-Directed Benefits
(CDBs) in the United States. WageWorks administers and operates a broad array
of CDBs, including pre-tax spending accounts, such as health and dependent
care Flexible Spending Accounts (FSAs), as well as Commuter Benefit Services,
including transit and parking programs, Health Savings Accounts (HSAs), Health
Reimbursement Arrangements (HRAs), and other employee benefits. WageWorks is
headquartered in San Mateo, California, with offices in major locations
throughout the United States. For more information, please visit the website
atwww.wageworks.com.

About Zipcar

Zipcar is the world's leading car sharing network with more than 777,000
members and nearly 10,000 vehicles in urban areas and college campuses
throughout the United States, Canada, the United Kingdom, Spain and Austria.
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. Zipcar is a subsidiary of Avis Budget
Group, Inc., a global leader in car sharing and vehicle rental services. More
information is available at www.zipcar.com.

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Contact:

Zipcar Public Relations
Press Contacts:
Colleen McCormick, 617-336-4342
cmccormick@zipcar.com
or
WageWorks Public Relations
Justin Clerc, 800-652-6014
media@wageworks.com
 
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