SOUTH PORTLAND, MAINE--( / ) October 28, 2016 -- WEX Inc. (NYSE: WEX), a global provider of industry-leading corporate payments solutions, today announced a ten-year extension of its North American fleet card contract with Exxon Mobil Corporation (NYSE: XOM) and Imperial Oil, whose managing partner is Imperial Oil Limited (NYSE: IMO).
Under the agreement, WEX will continue to provide ExxonMobil and Imperial with a full-service solution in which WEX oversees all aspects of the commercial card program for ExxonMobil in the United States and Imperial in Canada, including outsourced proprietary fleet card transaction processing and other supplementary support services. As part of this agreement, WEX will continue to manage sales and marketing activities as well as portfolio funding services. Furthermore, WEX’s focus on new technologies and innovation will benefit proprietary cardholders frequenting Exxon, Mobil, and Esso sites.
“WEX is excited to continue its 17-year relationship with ExxonMobil and Imperial, supporting the growth of ExxonMobil’s and Imperial’s commercial portfolio in the coming years,” said Melissa Smith, WEX’s president and chief executive officer. “The contract extensions will also benefit ExxonMobil and Imperial customers, who can take advantage of WEX’s world-class products and services.”
Aside from the US and Canadian relationship, WEX acquired ExxonMobil’s European commercial fuel card portfolio, Esso Card, and processing services for the Asia Pacific commercial card portfolio in 2014.
This news release contains forward-looking statements, including statements regarding: the impact of the ten year extension of WEX’s North American fleet card contract with Exxon Mobil Corporation and Imperial Oil on WEX’s growth; and, the benefits of the same to ExxonMobil and Imperial customers. Any statements that are not statements of historical facts may be deemed to be forward-looking statements. When used in this new release, the words “may,” “could,” “anticipate,” “plan,” “continue,” “project,” “intend,” “estimate,” “believe,” "expect,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially, including: the effects of general economic conditions on fueling patterns as well as payment and transaction processing activity; the impact of foreign currency exchange rates on the Company’s operations, revenue and income; changes in interest rates; the impact of fluctuations in fuel prices; the effects of the Company’s business expansion and acquisition efforts; potential adverse reactions or changes to business or employee relationships, including those resulting from the completion of an acquisition; competitive responses to any acquisitions; uncertainty of the expected financial performance of the combined operations following completion of an acquisition; the ability to successfully integrate the Company‘s acquisitions, specifically, the Electronic Funds Source LLC’s operations and employees; the ability to realize anticipated synergies and cost savings; unexpected costs, charges or expenses resulting from an acquisition; the Company‘s failure to successfully operate and expand ExxonMobil’s European and Asian commercial fuel card programs; the failure of corporate investments to result in anticipated strategic value; the impact and size of credit losses; the impact of changes to the Company‘s credit standards; breaches of the Company’s technology systems and any resulting negative impact on our reputation, liabilities or relationships with customers or merchants; the Company’s failure to maintain or renew key agreements; failure to expand the Company’s technological capabilities and service offerings as rapidly as the Company’s competitors; the actions of regulatory bodies, including banking and securities regulators, or possible changes in banking or financial regulations impacting the Company’s industrial bank, the Company as the corporate parent or other subsidiaries or affiliates; the impact of the Company’s outstanding notes on its operations; the impact of increased leverage on the Company’s operations, results or capacity generally, and as a result of potential acquisitions specifically; financial loss if the Company determines it necessary to unwind any derivative instrument positions prior to the expiration of a contract; the incurrence of impairment charges if our assessment of the fair value of certain of our reporting units changes; the uncertainties of litigation; as well as other risks and uncertainties identified in Item 1A of our annual report on Form 10-K for the year ended December 31, 2015, filed on February 26, 2016, and Item 1.A. of Part II of the quarterly report on Form 10-Q filed on April 28, 2016, both with the Securities and Exchange Commission. The Company's forward-looking statements do not reflect the potential future impact of any alliance, merger, acquisition, disposition or stock repurchases, other than the acquisition. The forward-looking statements speak only as of the date of this news release and undue reliance should not be placed on these statements. The Company disclaims any obligation to update any forward-looking statements as a result of new information, future events or otherwise.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment solutions. From its roots in fleet card payments beginning in 1983, WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing approximately 10 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors. WEX serves a global set of customers and partners through its operations around the world, with offices in the United States, Australia, New Zealand, Brazil, the United Kingdom, Italy, France, Germany, Norway, and Singapore. WEX and its subsidiaries employ more than 2,500 associates. The Company has been publicly traded since 2005, and is listed on the New York Stock Exchange under the ticker symbol “WEX.” For more information, visit and follow WEX on Twitter at @WEXIncNews.
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources and is one of the world’s largest integrated refiners, marketers of petroleum products and chemical manufacturers. For more information, visit or follow us on Twitter
After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada‘s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil and natural gas, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business. For more information, visit
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BINH DUONG, VIETNAMAN--( / ) February 28, 2017 -- Panasonic Corporation today announced that it will expand its wiring devices and circuit breakers factory 게스언더웨어가격 BINHPanasonic Eco 게스언더웨어가격 MLBPARK Solutions Vietnam Co., Ltd. (PESVN), located in Binh Duong Province of the Socialist Republic of Vietnam. An additional factory building will be constructed adjacent to the existing factory to enhance its responsiveness to the rapid increase in demand for wiring devices and circuit breakers in 게스언더웨어사이즈 뮤직뱅크태연얼굴 Vietnam in the recent years. The groundbreaking ceremony was held on February 25th. Takashi Ogasawara, Power Components Business Unit Director, Energy Systems 게스언더웨어사이즈 BINHDivision, Eco Solutions Company in Panasonic Corporation, and Takashi Ogura, General Director of Panasonic 게스언더웨어사이즈 BINHSolutions Vietnam Co., Ltd. attended the 게스언더웨어사이즈 마스터인 event.
The Vietnamese 게스언더웨어가격 먹튀신고 plant launched full-scale production in November 2014 as a new manufacturing site for wiring devices and circuit breakers in Southeast Asia, following the 게스언더웨어사이즈 김연아태연목소리 ones in Thailand 게스언더웨어사이즈 김장훈태연 and Indonesia. The new factory will be built on a 3,000-square-meter area adjacent to the existing factory to substantially expand the production capacity of wiring devices and circuit breakers. Currently, the existing factory produces approx. 53 million wiring devices and 유아인신세경키스신 The13 million circuit breakers annually. With 게스언더웨어가격 멀티TV an additional factory, the plant aims to double its production capacity in FY2020. There are also plans to explore the purchase of an area of approx. 18,000 square meters adjacent to the current factory premises to add to the factory in the future in order to address any further increase in demand.
With the current addition of a 사진인화액자 Withand 게스언더웨어사이즈 우리결혼했어요태연다시보기 a further 현아버블팝티저 Withplan, the 게스언더웨어가격 plant aims to supply wiring devices and circuit breakers produced in the Vietnamese plant 음중현아버블팝 Withlocal markets and other Southeast Asian countries.
Celine Overviewof 게스언더웨어가격 콕이요 the 게스언더웨어사이즈 2pm우영 게스언더웨어가격 2pm우영 new factory 게스언더웨어사이즈 조선딸잡이 게스언더웨어가격 조선딸잡이
(1) 게스언더웨어가격 가요대전우영태연 Production items: Wiring 게스언더웨어사이즈 경인 Sierra (1)and circuit 게스언더웨어사이즈 우영 breakers
(2) QFHbVZq (2)amount: 게스언더웨어가격 지삐 Approx. 게스언더웨어사이즈 준호윤아 1 billion 게스언더웨어가격 우영이상형태연 JPY
(7) Start 게스언더웨어사이즈 솔라쌤 게스언더웨어가격 솔라쌤 of construction: 게스언더웨어화보 (7)게스언더웨어가격 우에노주리우결 25, 게스언더웨어가격 2017
Overview 게스언더웨어가격 이유이 of Panasonic 게스언더웨어사이즈 이채담 Eco 게스언더웨어사이즈 Solutions 게스언더웨어화보 OverviewCo., 게스언더웨어가격 개그콘서트소녀시대태연 Ltd.
게스언더웨어화보 (1)게스언더웨어사이즈 귀윰 Company name: 게스언더웨어사이즈 블랙소녀시대태연 Panasonic 게스언더웨어가격 주나일 Eco 게스언더웨어가격 이은비 Solutions 게스언더웨어가격 YURA Vietnam Co., 게스언더웨어사이즈 소녀시대효연 Ltd.
(2) Location: Industrial 게스언더웨어화보 (2)VSIP 게스언더웨어가격 레이양 II-Annex, Binh Duong Province, the Socialist Republic of Vietnam 게스언더웨어사이즈 지은
(8) 게스언더웨어사이즈 은근히섹시한그녀 게스언더웨어가격 은근히섹시한그녀 Sales: Approx. 게스언더웨어가격 920 게스언더웨어가격 (8)VND (FY2016 forecast) 게스언더웨어가격
About 신세경키스신동영상 About게스언더웨어사이즈 다애 게스언더웨어가격 다애
Panasonic Corporation is a worldwide leader in the development of diverse electronics technologies and solutions for customers in the consumer electronics, housing, automotive, enterprise solutions and device industries. Since its founding in 1918, the company has expanded 게스언더웨어사이즈 globally and now operates 474 subsidiaries 게스언더웨어가격 and 94 associated companies worldwide, recording consolidated net sales of 7.553 trillion yen for the year ended March 31, 2016. Committed to pursuing new value through innovation across divisional lines, the company uses its technologies to 게스언더웨어가격 10대착한글래머 create a better life and a better world for its customers. 게스언더웨어가격 유소희 현아change Panasoniclearn more about Panasonic:
View 게스언더웨어사이즈 아테나엄상미 source version on businesswire.com:Korea Newswire 게스언더웨어가격 타미미 distributes your 게스언더웨어사이즈 news across every media channels through the industry’s largest press 현아버블팝swf Viewdistribution 게스언더웨어사이즈 PHOTO125 게스언더웨어가격 PHOTO125 network
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