WEX WEX INC.

CORRECTING and REPLACING GRAPHIC WEX Connect Helps Drivers Find Active Fuel and Service Stations Available in Their Area During Major Fuel Shortage Sweeping the Southeast

Please replace the graphic with the accompanying corrected graphic.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160921005375/en/

WEX Connect Helps Drivers Find Active Fuel and Service Stations Available in Their Area During Major ...

WEX Connect Helps Drivers Find Active Fuel and Service Stations Available in Their Area During Major Fuel Shortage Sweeping the Southeast (Photo: WEX)

The release reads:

WEX CONNECT HELPS DRIVERS FIND ACTIVE FUEL AND SERVICE STATIONS AVAILABLE IN THEIR AREA DURING MAJOR FUEL SHORTAGE SWEEPING THE SOUTHEAST

Free mobile app provides critical information during fuel emergency creating limited access to fuel and an increase in prices

WEX Inc. (NYSE: WEX), a global provider of industry-leading corporate payments solutions, today announced a reminder that its mobile app, WEX Connect (AndroidiPhoneiPad), is available as a resource during the trying time resulting from the broken pipeline in Alabama.

The broken pipeline runs from Houston to New York and carries gas to much of the Southeast and East Coast. After a 330,000 gallon spill caused the pipeline to rupture, the Southeast region is experiencing a severe gas shortage and rising fuel prices. Alabama, Georgia, North Carolina, South Carolina, Tennessee and Virginia have all declared a current state of emergency.

WEX Connect assists drivers and fleet managers in the Southeast region in finding fuel and service stations in operation in their area through a convenient mobile app available on Android, iPhone and iPad devices. With WEX Connect, drivers and mangers can find the most cost effective type of fuel they need, and search for service stations based on brand, distance and service type.

“The current predicament in the Southeast region requires further planning for fleet managers and added preparedness from drivers in the area. As the situation continues to unfold, we want to remind all that WEX Connect is here as a resource during this trying time when finding accessible fuel stations is of the upmost importance,” said Bernie Kavanagh, senior vice president and general manager for North American fleet for WEX.

WEX Connect obtains its data from WEX’s proprietary fuel management network, which connects thousands of fuel and service stations across the United States and delivers up-to-date station information. Leveraging the pricing date from the fuel purchases made by WEX fleet card users, the app is able to calculate the most fiscally efficient fuel station factoring in both price and distance.

To learn more about WEX Connect and how to download it, visit: http://www.wexinc.com/fleet/drivers-services/wex-connect/

For further information and resources during the current fuel emergency, please visit: http://www.wexinc.com/shortage/

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 www.wexinc.com and follow WEX on Twitter at @WEXIncNews.

EN
21/09/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on WEX INC.

WEX Inc: 1 director

A director at WEX Inc sold 1,931 shares at 171.690USD and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Moody's Ratings affirms WEX's ratings (Ba2 backed senior secured bank ...

Moody's Ratings (Moody's) has affirmed WEX Inc.'s (WEX) Ba2 long-term corporate family rating (CFR) and its Ba2 backed senior secured bank credit facility rating. We also assigned a Ba2 rating to WEX's proposed $500 million senior secured term loan B and assigned a B1 rating to WEX's proposed $500 m...

Moody's Ratings affirms WEX's ratings (Ba2 senior secured) with stable...

Moody's Ratings (Moody's) has affirmed WEX Inc.'s (WEX) Ba2 long-term corporate family rating (CFR) and its Ba2 backed senior secured bank credit facility rating. WEX's outlook remains stable. RATINGS RATIONALE The ratings affirmation reflects the benefits of WEX's scaled and diversified portfol...

WEX Inc.: Update to credit analysis following ratings affirmation

Our credit view of this issuer reflects its solid profitability, constrained by sensitivity to fuel prices and demand in the travel sector.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch