Zipcar Drives Past Million Member Milestone

Zipcar Drives Past Million Member Milestone

ID: 493600

(Thomson Reuters ONE) -


BOSTON, Sept. 08, 2016 (GLOBE NEWSWIRE) -- Zipcar, the world's leading car-
sharing network, today announced that it has exceeded the million member
milestone with operations in more than 500 cities and towns in eight countries
across the globe. Zipcar's community of over one million fee-paying "Zipsters"
continue to choose Zipcar as their mobility service.

A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/7bd19a8e-6a1f-41e5-a5f3-
5c677c8540ef

Zipcar's members are a part of a global community committed to making cities
better places to live through the reduction of personal vehicle ownership and
congestion. Zipcar's annual member survey revealed that nearly 10 percent of
members get rid of a car after joining, and 32 percent would have purchased a
vehicle without the presence of Zipcar. As a result of Zipcar's global
membership in eight countries, more than 413,000 vehicles are not on city
streets, significantly reducing the potential congestion and parking challenges
in the over 500 cities and towns in which Zipcar operates.

"For the past 16 years Zipcar has been driven by its vision of a world where car
sharers outnumber car owners," said Andrew Daley, vice president of marketing.
"While we're pleased to have hit the million member milestone, Zipcar views
success by the collective impact our community of a million members have had on
the globe. With less cars on the road, cities can build more green space, reduce
parking and congestion challenges and overall create a better place to live."

Zipcar marks the million member milestone amidst double-digit growth in new
members for the past two years. The company's continued growth is largely driven
by its commitment to the member experience and Zipcar's expanding footprint,
which now services more people in more places than ever before. Over the past




few years, Zipcar has expanded to a wider network of locations across the globe,
launched its most flexible service yet with one-way and inter-city options in
select markets, unveiled a join and drive process for members looking to access
a vehicle within minutes, and will launch a new Zipcar free-floating car-sharing
model this fall.

Zipcar provides its members on-demand access to a variety of cars in hundreds of
cities, as well as colleges and university campuses throughout eight countries
in North America and in Europe. Zipcars are available 24/7 for reservation via
Zipcar's mobile app, online, or over the phone.  Prospective members can join
the service and start driving instantly on Zipcar's mobile app.

About Zipcar
Zipcar is the world's leading car-sharing network, driven by a mission to enable
simple and responsible urban living. With its wide variety of self-service
vehicles available by the hour or day, Zipcar operates in urban areas and
university campuses in over 500 cities and towns across Austria, Canada, France,
Germany, Spain, Turkey, the United Kingdom and the United States. Zipcar offers
the most comprehensive, most convenient and most flexible car sharing options
available. Zipcar is a subsidiary of Avis Budget Group, Inc. (Nasdaq:CAR), a
leading global provider of vehicle rental services. More information is
available at www.zipcar.com.

Media Contact:
Lindsay Wester
Zipcar Public Relations Manager
lwester(at)zipcar.com, 617-336-4749




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Zipcar via GlobeNewswire




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Datum: 08.09.2016 - 14:17 Uhr
Sprache: Deutsch
News-ID 493600
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