SPARKS, MD - PHH Arval recently received two top supplier awards from Diebold, Incorporated, including its highest honor - the Gold Supplier Certification. Diebold, a global leader in providing self-service, security systems and services, also named PHH Arval the Most Innovative Supplier of the Year.

The Gold Supplier Certification award recognizes a company's dedication and persistence in achieving quality service improvement. This is the first time Diebold has recognized any company for achieving theGold Standard. Additionally, PHH Arval was the only company to be honored as Most Innovative Supplier in recognition of its environmental program, PHH GreenFleet^®, and its mobile application for fleet drivers, PHH Connect^SM.

"We strive to provide quality solutions, innovative products, and superior customer service to help our clients achieve their business goals, and we are truly honored to be recognized by Diebold, a company that knows supplier excellence," said George Kilroy, president and chief executive officer, PHH Arval. "This award acknowledges our commitment to our clients and affirms that we are providing the solutions they need to help them succeed."

PHH Arval has been providing fleet management solutions to Diebold in the United States and Canada for 31 years.

Each year, Diebold conducts a Global Supplier Summit honoring the strategic suppliers who achieve excellence. Criteria for performance measurement include quality, delivery, cost reduction, contract compliance, customer satisfaction, cost competitiveness, continuous improvement and overall business relationship. Quarterly results are combined to determine the overall score for the year.

About PHH Arval
PHH Arval, a subsidiary of PHH Corporation, is a leading fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies. Through consultative expertise, flexible customer service and award-winning technology, PHH Arval helps clients reduce costs and increase productivity.

About PHH Corporation
Headquartered in Mount Laurel, N.J., PHH Corporation is a leading outsourceprovider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top five retail originators of residential mortgages in the United States, and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada.