Mobil Celebrates Four Million Speedpass Customers; Innovative Payment Technology Moving Inside at C-Stores.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com FAIRFAX, Va.--(BUSINESS WIRE)--Oct. 31, 2000 Exxon Mobil Corporation Exxon Mobil Corporation U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores. (NYSE NYSE See: New York Stock Exchange :XOM XOM Exxon Mobil Corporation (stock symbol) XOM X/Open Object Management XOM OSI-Abstract-Data Manipulation API XOM Xml Object Model XOM X/Open Osi Abstract Data Manipulation ) announced today that more than four million motorists are now using Speedpass, the innovative automatic payment system. Originally designed to allow customers to pay for gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by at the pump without getting out a credit card or cash, Speedpass has also been expanded to enable customers to also pay for purchases made inside convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. located at Mobil-branded stations. "We are pleased that the number of Speedpass customers continues to grow as our customers enjoy the benefits it provides," said Jim Carter, U.S. Regional Director, ExxonMobil Fuels Marketing Company. "We anticipate that as Speedpass is available inside more and more convenience stores, the number of customers who embrace this quick, easy payment system for making purchases other than just gasoline will continue to increase." More than 4,000 Mobil-branded stations are participating in the Speedpass program across the country. Speedpass will be extended to Exxon-branded stations in mid-2001. Mobil was the first to adapt the radio-frequency-based technology to assist consumers in purchasing gasoline and it is the only gasoline marketer to offer this system to customers making retail purchases inside its convenience stores. The evidence of the acceptance of Speedpass is that users demonstrate a stronger customer loyalty than non-Speedpass users. "Our consumer research revealed that speed and convenience are very important to consumers purchasing gasoline," said Carter. "Speedpass provides both, as well as the added security of not having to fumble for a credit card or take out a wallet." To celebrate the program's success, ExxonMobil recognized Ronald and Sarah Miller of Alta Loma, CA as holders of the four millionth activated activated a state of being more than usually active. In biological systems this is usually brought about by chemical or electrical means. Commonly said of pharmaceutical and chemical products. Speedpass. In a special ceremony at their favorite Mobil station, Mr. and Mrs. Miller received $1,000 to be used for gasoline purchases along with other gifts of appreciation from the company. How it Works Speedpass is an electronic payment system that allows customers to make purchases (either at the pump or inside the store) without presenting a credit card or cash. Miniature radio transponders that either attach to a key chain or can be affixed af·fix tr.v. af·fixed, af·fix·ing, af·fix·es 1. To secure to something; attach: affix a label to a package. 2. to a vehicle's rear window, automatically transmit unique and secure ID numbers. The numbers are recognized by an electronic system located in the gasoline pump or at the check-out counter inside the store. Together, these electronic devices automatically charge fuel purchases and inside retail purchases to a designated credit or check card. Customers can designate des·ig·nate tr.v. des·ig·nat·ed, des·ig·nat·ing, des·ig·nates 1. To indicate or specify; point out. 2. To give a name or title to; characterize. 3. any of the wide range of credit or check cards that ExxonMobil accepts when they enroll for Speedpass. There is no cost to consumers for Speedpass and no service charge for using the system to fill up. Drivers can enroll and acquire a free Speedpass by: 1. Calling toll-free to 877-MY MOBIL 2. Using the Speedpass Web site at www.speedpass.com, or 3. Completing an enrollment form available at any participating Mobil-branded service station. ExxonMobil is a leading global petroleum and petrochemicals company whose subsidiaries have operations in about 200 countries. In the U.S., ExxonMobil markets gasoline through about 14,000 Exxon and Mobil branded service stations in 44 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.103100/bb13 |
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