Avis Budget Group Continues March Towards Future of Mobility With Launch of ‘Lab’ in Kansas City

Avis Budget Group Continues March Towards Future of Mobility With Launch of
‘Lab’ in Kansas City

Mobility Lab to fuel innovation for Avis Budget Group globally with
implications for smart city integration

PARSIPPANY, N.J., Nov. 30, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc.
(NASDAQ:CAR) today announced the launch of its first-ever “Mobility Lab” that
serves as a test bed for fully connected vehicles and operations in the
greater Kansas City, Missouri area.

Avis Budget Group’s Mobility Lab comprises more than 20 Avis Car Rental
locations, including Kansas City International Airport and Nebraska’s Eppley
Airfield and Lincoln Airport, and features a fleet of 5,000 connected cars.
This connectivity allows for seamless communication with the Company’s fleet
management platform and the Avis mobile app. The Mobility Lab also positions
the Company to collaborate with municipalities around the globe as they move
forward with Smart City initiatives.

“Our Mobility Lab in the greater Kansas City area extends our next-generation
mobility initiatives,” said Larry De Shon, president and chief executive
officer, Avis Budget Group. “The steps we’re taking with connected car and
smart technologies will increase customer satisfaction as well as reduce
operational costs in the near term, while also preparing us to meet the
evolving needs of consumers, entrepreneurs, corporations and governments, like
the City of Kansas City, a recognized global leader for its Smart City
advancements.”

Avis Budget Group’s Mobility Lab underscores the Company’s commitment to drive
innovation to enhance the customer experience across their entire journey.
Avis customers renting from airport and off-airport locations in the Kansas
City area can control the entire rental experience right from their smart
phones. This includes making, changing or managing their reservation,
extending their rental and locking and unlocking the car’s doors.

Leveraging connected car capabilities, the Mobility Lab will deliver
operational efficiencies by providing real-time inventory counts, mileage
management and automated maintenance notification. This data will facilitate
the enhancement and optimization of the Company’s fleet management
capabilities and provide scalable benefits as the Company increases its number
of connected cars moving forward.

From a city perspective, connected fleet data can add depth and accuracy to
street condition data and traffic volume data. “Kansas City has a fully
integrated suite of smart city initiatives in our community that make it a
better place for our citizens and visitors. Partnering with Avis Budget Group
allows us to make that experience even more efficient and responsive to the
needs of 21^st Century Kansas Citians and our visitors,” said Mayor Sly James.

In May, Avis Budget Group announced a transformation of its U.S. fleet which
would result in 50,000 more vehicles becoming fully connected cars by early
2018; bringing the total number of connected cars to more than 100,000. The
Company has also committed to operating a fully connected global fleet by
2020.

About Avis Budget Group
Avis Budget Group, Inc. is a leading global provider of mobility solutions,
both through its Avis and Budget brands, which have more than 11,000 rental
locations in approximately 180 countries around the world, and through its
Zipcar brand, which is the world’s leading car sharing network, with more than
one million members. Avis Budget Group operates most of its car rental offices
in North America, Europe and Australia directly, and operates primarily
through licensees in other parts of the world. Avis Budget Group has
approximately 30,000 employees and is headquartered in Parsippany, N.J. More
information is available at www.avisbudgetgroup.com.

Forward-Looking Statements
This press release contains certain forward-looking statements that are
subject to known and unknown risks and uncertainties that could cause actual
results to differ materially from those expressed or implied by such
statements. Important assumptions and other important factors that could cause
actual results to differ materially from those in the forward-looking
statements are specified in Avis Budget Group's Annual Report on Form 10-K for
the year ended December 31, 2016 and in other filings and furnishings made by
the Company with the Securities and Exchange Commission from time to time.
Except to the extent required by applicable federal securities laws, the
Company undertakes no obligation to release publicly any revisions to any
forward-looking statements, to report events or to report the occurrence of
unanticipated events.

Contact:
Alice Pereira
(973) 496-3916    
PR@avisbudget.com

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