Comdata(R) Announces New MasterCard Customer.BRENTWOOD, Tenn. -- Comdata(R) Corporation, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Ceridian Corporation (NYSE NYSE See: New York Stock Exchange : CEN CEN - Conseil Européen pour la Normalisation. A body coordinating standardisation activities in the EEC and EFTA countries. ), announced today Airgas, Inc. (NYSE: ARG See argument. arg - argument ), is integrating the Comdata MasterCard fuel program for all fuel purchases for Airgas vehicles across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Airgas, Inc., the largest U.S. distributor of industrial, medical, and specialty gases and related hardgoods, will use the Comdata fuel card to track and manage all its vehicle-related fuel, maintenance and repair expenses for its fleet of more than 3,200 trucks. "This fuel card program will help aggregate and manage transportation costs for all the vehicles operated by our businesses throughout the nation," said Mike Rohde, senior vice president of Distribution Operations for Airgas, Inc. The new Comdata fuel card feature offers Airgas a full range of supply chain management solutions, the convenience of MasterCard acceptance, real-time purchase controls, and enhanced reporting designed to lower cost, improve efficiency, and drive incremental margin improvement. "Our clients can leverage Comdata's own proprietary merchant network to enhance their fuel discount opportunities," Bob Sneed, vice president of corporate payment solutions, Comdata, said. "I think this program will be very beneficial to everyone involved." About Comdata Corporation Comdata(R) Corporation (www.comdata.com) is a leading business-to-business issuer and processor of payment cards, primarily in the retail and transportation industries. Comdata's range of products and services include fleet, fuel, purchasing, T&E, payroll/reimbursement, EBT EBT See: Earnings Before Taxes , gift and loyalty cards and processing. A full-service merchant processor, Comdata's platforms support both its proprietary card networks as well as processing for any card tender a merchant may accept. Headquartered in Brentwood, Tenn., Comdata employs more than 1,600 people nationally and internationally. Comdata is a wholly owned subsidiary of Minneapolis-based Ceridian Corporation (NYSE: CEN). About Ceridian Ceridian Corporation (NYSE: CEN) is an information services See Information Systems. company serving businesses and employees in the United States, Canada and Europe. Ceridian is one of the top human resources outsourcing companies in each of its markets, and offers a broad range of human resource services, including payroll, benefits administration, tax compliance, HR information systems and employee advisory programs. Through its Comdata subsidiary, Ceridian is a major payment processor and issuer of credit cards, debit cards and stored value cards, primarily for the trucking and retail industries in the United States. www.ceridian.com About Airgas, Inc. Airgas, Inc. (NYSE: ARG), through its subsidiaries, is the largest U.S. distributor of industrial, medical, and specialty gases, and related hardgoods, such as welding equipment and supplies. Airgas is also the third-largest U.S. distributor of safety products, the largest U.S. producer of nitrous oxide nitrous oxide or nitrogen (I) oxide, chemical compound, N2O, a colorless gas with a sweetish taste and odor. Its density is 1.977 grams per liter at STP. It is soluble in water, alcohol, ether, and other solvents. and dry ice, the largest liquid carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. producer in the Southeast, and a leading distributor of process chemicals, refrigerants Chemical refrigerants are assigned an R number(sometimes the label replaces it with the word Freon) which is determined systematically according to molecular structure. The following is a list of refrigerants with their R numbers, IUPAC chemical name, molecular formula, and CAS number. and ammonia products. Its 10,000 employees work in about 900 locations including branches, retail stores, gas fill plants, specialty gas labs, production facilities and distribution centers. Airgas also distributes its products and services through eBusiness, catalog and telesales channels. Its national scale and strong local presence offer a competitive edge to its diversified customer base. For more information, please visit www.airgas.com. |
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