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WEX and ARI Celebrate 25 Years of Partnership with New Global Contract

SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Jun. 26, 2018-- WEX Inc., a leading provider of global payments solutions, and ARI, a leading global fleet services provider specializing in complex car and truck fleets, today celebrate 25 years of collaborative fuel spend solutions.

ARI has been a strategic partner with WEX since 1993, the second-ever co-brand partner in WEX’s history. In 2017, ARI signed a five-year global contract extension, extending its WEX co-branded fuel card.

“Since day one ARI has been a partner that pushes us with an eye towards the future,” said Bernie Kavanagh, senior vice president and general manager of large fleet for WEX. “ARI is always looking to test and adopt new technologies or platforms, and we look forward to the continued success of this business model and partnership, bringing end-to-end fleet solutions to our joint customers across the globe.”

In February 2018, ARI was the first FMC to announce rollout of the WEX Millennium platform, offering access to real-time authorization data, increased control over transactions, and the ability to create multiple fuel profiles with different parameters.

"WEX has been a long-time strategic partner for ARI and we are excited to continue our relationship," said Frank Carbone, Vice President, Global Product Management for ARI. "Our partnership with WEX enables ARI to deliver innovative fuel solutions to help our customers become more efficient and reduce costs. Our recent rollout of the WEX Millennium platform is providing our clients more flexibility and added fuel controls, and it has strengthened our value proposition to our customers."

About WEX Inc.
Powered by the belief that complex payment systems can be made simple, WEX Inc. (NYSE: WEX) is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through more than 3,300 associates around the world. WEX fleet cards offer 11.5 million vehicles exceptional payment security and control; purchase volume in its travel and corporate solutions grew to $30.3 billion in 2017; and the WEX Health financial technology platform helps 300,000 employers and more than 25 million consumers better manage healthcare expenses. For more information, visit www.wexinc.com.

About ARI
ARI, a Holman Enterprises company, has revolutionized fleet management with technology that enables organizations around the world to realize new levels of efficiency and value by leveraging the power of data through the ARI insights® portal. Founded in 1948, ARI, now the largest family owned company in the industry, has continuously uncovered new ways for fleet managers to translate their fleets’ data into decreased costs and improved driver safety. Headquartered in Mount Laurel, New Jersey, ARI manages more than 1.5 million vehicles in North America, the UK and Europe and, together with its strategic partners, 3 million vehicles worldwide. Learn more at ARIFleet.com and on LinkedIn, Facebook and Twitter.

Source: WEX Inc.

Media Contact – WEX Inc.
Robert Gould, 207-523-7429
robert.gould@wexinc.com
or
Media Contact – ARI
Mike Cianfrone, 856-533-9329 (office)
856-840-9863 (cell)
mcianfrone@arifleet.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding WEX Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

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