Payless Partners With Australian RAC

ST. PETERSBURG, Fla.-- Payless Car Rental System Inc. announced today an affiliate agreement with Network Car & Truck Rentals Australia, expanding the Payless brand to Australia and New Zealand.

Network Car & Truck Rentals operates 90 locations throughout Australia. Reciprocal reservation systems and Internet links between Payless Car Rental and Network Car & Truck Rentals offer the exclusive exchange of bookings so customers can secure auto rentals worldwide through

"With its financial strength, franchise structure and plans for expansion, Network was an ideal partner to provide greater efficiencies, more availability and the continued high level of world-class services that customers have come to expect," said Michael J. Harley, president and chief operating officer of Payless Car Rental System.

Network Car & Truck Rentals, owned by Denburr Pty Ltd., has more than 50 years of experience in the Australian car rental and franchising industry. Renting vehicles through a franchise network is the company's core business.

Through this new affiliation and the recent cooperative agreement with European Sixt Rent A Car, Payless Car Rental now has a presence in 60 countries, with over 1,400 locations and a fleet of 110,000 vehicles.

Payless is a wholly owned subsidiary of Avalon Global Group Inc., a Florida-based, privately held company.

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