
[April 09 2009]
Hertz Global
Holdings, Inc. announced it has acquired Eileo S.A., the
Paris-based leader in the design and deployment of best-in-class car
sharing technology. Eileo's end-to-end solutions are utilized by Connect
by Hertz, currently operating in London, New York City and Paris.
Mark P. Frissora, Chairman and Chief Executive Officer of Hertz,
commenting on the acquisition, said, "Eileo provides state-of-the-art,
user-friendly technology innovations for the global car sharing
industry. Acquiring Eileo underscores Hertz's long-term commitment to be
the car sharing leader by providing comprehensive, customer-friendly
solutions in this technology-driven business. Eileo will continue to
create competitive advantages for Connect by Hertz and we will also
deploy their technology to create advantages in our car and equipment
rental businesses," Frissora added.
Arnaud Lejeune, Chief Executive Officer of Eileo, said, "We are proud to
partner with Hertz to deliver future generations of car sharing
technologies and speed up the implementation of our industry vision on
two continents. We share a passion for creating the most user-centric
and enjoyable car sharing experience, which already drives Connect by
Hertz services. While continuing to serve the whole car sharing
industry, we are excited by the opportunity to expand the applications
of our technology to other business platforms," Lejeune concluded.
Founded in 2002, Eileo has been providing technology solutions to the
car sharing industry which has experienced 25% year-over-year growth
over the past five years. In addition, Eileo also designs
technology-driven solutions for the transportation industry, providing
fleet tracking and monitoring. Over the past year, Eileo's car sharing
revenues more than doubled as the company worked with more than 20 car
sharing operators worldwide. The number of car sharing members Eileo
handles increased by 70% over the past six months, with an increase of
nearly 50% in the last quarter.
Eileo's solution encompasses the entire car sharing process -- from
member registration, to booking, to car access, to invoice and payment
functions. For improving car sharing operator efficiency, Eileo provides
a variety of alert and report functions, and remote vehicle monitoring.
A unique, patented vehicle immobilizer function ensures the safety of
each Company's car sharing fleet. Eileo's proprietary ASP software
supports more than 400 features to fit with the most sophisticated
business models. Car-embedded technology includes GPS, GPRS, Bluetooth
and RFID technologies, which are easily installed and non-invasive to
the vehicles' overall design and functionality. Also, the Company's
service options include: online payment, printed smartcards, SMS alerts
(text messages) for car sharing members, in-car hands-free phone
assistance, and Bluetooth audio kits. Packaged with the delivery of
Eileo's software and hardware systems, first-class business services
contribute to high performance and reliability of the system through
expert technical support and specific product development.
The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc.
(NYSE: HTZ), is the world's largest general use car rental brand,
operating from approximately 8,500 locations in 141 countries worldwide.
Hertz is the number one airport car rental brand in the U.S. and at 42
major airports in Europe, operating both corporate and licensee
locations in cities and airports in North America, Europe, Latin
America, Australia and New Zealand. In addition, the Company has
licensee locations in cities and airports in Africa, Asia, and the
Middle East. Product and service initiatives such as Hertz #1 Club
Gold(R), NeverLost(R) customized, onboard navigation systems, SIRIUS
Satellite Radio, and unique cars and SUVs offered through the company's
Prestige, Fun and Green Collections, set Hertz apart from the
competition. In 2008, the Company launched Connect by Hertz, entering
the global car sharing market in London, New York City and Paris. Hertz
also operates one of the world's largest equipment rental businesses,
Hertz Equipment Rental Corporation, offering a diverse line of
equipment, including tools and supplies, as well as new and used
equipment for sale, to customers ranging from major industrial companies
to local contractors and consumers from approximately 350 branches in
the United States, Canada, China, France and Spain

[October 2007]
eileo unveils its new
Zibox-LT V2.
The Zibox-LT V2 keeps the award-winning Zibox-LT V1 technology
and adds value-added features such as Bluetooth, simplifies installation
and integrates a quad-band modem.
Multimedia features includes Voice-over-bluetooth, GPS
navigation-over-bluetooth, and MP3 streaming to car-radio over
bluetooth.
Its larger memory enables 'self-service' mode: when activated, drivers
can take cars without previous booking.
ZiboxLT is now ready to ship to North America and Asia!