Zipcar Completes Integration Of Spain's Largest Car Sharing Service

Zipcar Completes Integration Of Spain's Largest Car Sharing Service PR Newswire LONDON, Oct. 17, 2012 - New global technology platform launched to support Zipcar's international operations - With Photo LONDON, Oct. 17, 2012 /PRNewswire/-- Zipcar, Inc. (Nasdaq: ZIP), the world's leading car sharing network, today announced the final integration of Spain's largest car sharing service, Barcelona-based Avancar. The integration widens Zipcar's global network and membership base, giving members access to even more vehicles around the world. The service will operate as "Avancar, a Zipcar company" and is a key step in Zipcar's expansion in Europe, which also includes services in the United Kingdom and Austria. Zipcar, Inc. This integration coincides with the launch of Zipcar's new global technology platform, designed to support multi- language capabilities and enhance scalability to improve speed to market with future international expansion. The Avancar integration included conversion of the entire fleet in Barcelona from the legacy Avancar platform onto the Zipcar network. Zipcar accounts were established for all consumer and business Avancar members and the end-to-end Zipcar experience is now offered in both Catalan and Spanish languages. Vehicles in Barcelona are now available for reservation by all Zipcar members, with rates starting from four Euros per hour and 45 Euros per day, including insurance, gas, and 20 kilometers of driving per day (24 hours).