Department of Homeland Security Awards WEX Purchase Agreement for Telematics Products and Services

8/23/17

SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Today, WEX Inc., a leading global provider of corporate payment solutions, announced that it has been awarded a five-year blanket purchase agreement by the Department of Homeland Security (DHS) to supply vehicle telematics products and services through their GSA Schedule 70 contract.

Through this agreement, DHS fleet managers from their 13 operational and support components will be able to purchase WEX Telematics solutions that will enable DHS to maximize fleet efficiency and performance, integrate fleet focused data across multiple platforms and advance their ability to deliver on their daily missions.

“The Department of Homeland Security operates one of the largest fleets in the U.S. today, and it’s an honor to be selected to work with this team,” said Bernie Kavanagh, senior vice president and general manager of North America large fleet and strategic relationships at WEX. “We’re looking forward to arming DHS with WEX technology to provide their fleet managers access to data-driven insights to help them manage the daily operations of their fleet.”

The Department of Homeland Security operates a fleet of approximately 52,000 vehicles, making them one of the largest federal agency fleets in the country. Their fleet operation supports their wide array of missions, which includes preventing terrorism and enhancing security, managing U.S. borders, administering immigration laws, securing cyberspace and ensuring disaster resilience.

For more information on WEX, please visit: www.wexinc.com.

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 2,700 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.

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