SPARKS, MD- PHH Arval recently received a Supplier Excellence Award from Diebold, Incorporated, a leading provider of self-service, security and service solutions. PHH has been providing fleet management solutions to Diebold for 31 years. The relationship spans both the United States and Canada.

"We're honored to receive this award from Diebold, whose Supplier Certification Award Program is world-class in its analysis and recognition of supplier excellence," said George Kilroy, president and chief executive officer, PHH Arval.  "Our vision is to be our clients' best business-to-business service provider, and this award demonstrates that our customer service efforts make a difference in enabling our clients to achieve their goals."

Each year, Diebold conducts a Global Supplier Summit honoring the strategic suppliers who achieve excellence in its Supplier Certification Award Program. 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 Arval
PHH Arval, a subsidiary of PHH Corporation, is a 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. For more information, visit www.phharval.com or call 800 ONLY PHH.

About PHH Corporation
Headquartered in Mount Laurel, N.J., PHH Corporation is an outsource provider 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 fleet management services provider in the United States and Canada. For additional information about the company and its subsidiaries, please visit www.phh.com.