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News•July 26, 2005

Wright Express Launches Business Card

SOUTH PORTLAND, MAINE — Wright Express Corp. has introduced the Wright Express Business Card. The card offers the traditional benefits of a fleet card, such as nationwide acceptance and controls that restrict usage to fuel and service merchants. It also provides reward points and access to resources to help businesses manage their operations more effectively.

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News•July 19, 2005

Streicher Mobile Fueling Announces New Director

FT. LAUDERDALE, FL — Streicher Mobile Fueling, Inc., a provider of integrated outsourced energy and transportation logistics to the trucking, construction, energy, chemical, and government service industries, announced that Steven Goldberg has been elected to serve on its Board of Directors and was also appointed chairman of its Audit Committee.

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News•July 19, 2005

New KBB.com Study Shows Consumers Concerned About Current Hybrids

IRVINE, CA — The latest study from Kelley Blue Book Marketing Research reveals that consumers have concerns when it comes to current gasoline-electric hybrid vehicles. However, at the same time a large percentage feel that hybrid technology is the wave of the future.

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News•July 19, 2005

Wright Express Issued Private Letter Ruling for Federal Diesel Excise Tax

SOUTH PORTLAND, MAINE — Wright Express Corp. announced that Wright Express Fueling Solutions Inc. was recently issued a Private Letter Ruling by the United States IRS acknowledging Fueling Solutions as a qualified Ultimate Vendor in order to facilitate federal diesel excise tax exemptions on behalf of eligible tax-exempt fleet customers.

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News•July 19, 2005

Honda Develops New Hybrid System

TOKYO, JAPAN — Honda Motor Co., Ltd. has developed a New Honda Hybrid System that features a 3-stage i-VTEC engine employing Honda's intelligent VTEC (Variable Valve Timing and Lift Electronic Control) system to provide three stages of valve timing (low-rpm, high-rpm, and cylinder idle mode).

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News•July 19, 2005

Hybrid Fuel Systems Adds New EPA Certification for Ford 4.6L Engines

TAMPA — Hybrid Fuel Systems, Inc., a manufacturer and distributor of diesel and gasoline conversion systems, announced the addition of a new CNG dedicated, EPA Certification for 4.6L Ford engines installed in Crown Victoria, Crown Victoria Police Interceptor, Lincoln Town Car, and Mercury Grand Marquis vehicle platforms.

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News•July 12, 2005

FleetCor Raises $235 Million in Growth Capital

ATLANTA — FleetCor, a provider of fleet card and related information services for business fleets and petroleum retailers, has received a $75 million equity investment from Bain Capital, a global private investment firm.

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News•July 12, 2005

Fuel Management Affiliate Web Service Released

BEND, OR — PowerUp Fleet, Inc. —specializing in sales and marketing management services for commercial fleet fueling providers — has released Fuel Management Affiliates, a Web service designed to facilitate client exposure to business fleets nationwide.

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News•July 12, 2005

High Cost of Gasoline Stalls Used Truck Sales

DETROIT – SUV and pickup truck owners – already stung by rising gasoline prices – are paying another penalty when it comes time to trade in or sell: falling resale values, according to the Detroit News.

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News•July 12, 2005

Report Says Biofuels from Crops Not Sustainable

SYRACUSE, NY – A new report from two leading universities says producing ethanol and biodiesel from corn and other crops is not worth the energy, reports PhysOrg.com.

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