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GASCARD ANNOUNCES EXCLUSIVE CONTRACT TO SUPPLY THE STATE OF DELAWARE'S FLEET FUEL MANAGEMENT NEEDS

 GASCARD ANNOUNCES EXCLUSIVE CONTRACT TO SUPPLY
 THE STATE OF DELAWARE'S FLEET FUEL MANAGEMENT NEEDS
 CARLSBAD, Calif., July 2 /PRNewswire/ -- GASCARD Inc. (OTC Bulletin Board: GSCD) (GASCARD or the "company"), the nation's leading fleet fuel management network, today announced that it has entered into a three-year agreement with the state of Delaware to supply the majority of its government fleet fuel management needs. The contract anticipates the GASCARD system providing fuel management services to as many as 4,000 state fleet gasoline vehicles at GASCARD franchisees' 31 fuel sites throughout Delaware. The contract also provides that fleets of other Delaware government entities -- school districts, political subdivisions, etc. -- may access the GASCARD program.
 All of the fueling will initially occur at GASCARD's Delaware franchisees' private-sector sites and be priced at a fixed margin above a publicly available index. GASCARD will accumulate the transaction data from the automated fueling terminals and return it to the state electronically in a form that it can import directly into its existing accounting system.
 Lindsay Holland, GASCARD'S chief executive officer, added that "GASCARD is honored to be selected to provide Delaware's fleet fuel management system. This award, on top of the company's contract since 1991 to provide all of the state of Utah's fuel management services, confirms GASCARD's belief that it is uniquely qualified to provide the type of comprehensive fuel management solution that states require. We are actively discussing similar programs with other states and governmental fleets throughout the continental United States. GASCARD is also particularly pleased that Delaware's initial implementation will rely exclusively on GASCARD franchisees' fuel sites because it further strengthens the GASCARD network. In Utah, several GASCARD franchisees are experiencing foreign fleet sales of more than 50 percent. This contract will also enhance GASCARD's commitment to being the best and lowest-cost provider in the automated fuel management industry."
 Background -- GASCARD Inc.:
 GASCARD provides fuel management services to tens of thousands of commercial and governmental fleets that transact more than 14,000,000 gallons of fuel per month through more than 2,630 locations in 38 states. Since 1981, GASCARD has transacted more than 1.2 billion gallons. The company has contracts to provide fuel management services for the California Energy Commission and the states of Delaware and Utah and to process a proprietary fleetcard for Sinclair Oil Corp. The GASCARD network also has interchange agreements with ARCO's PayPoint and Sinclair's Fleetcard networks.
 GASCARD has developed and markets nationally a comprehensive card-activated fuel management system designed to reduce commercial and governmental fleet fueling costs. The GASCARD system can prevent unauthorized purchases; lower accounting, administrative, and other costs of fleet fueling; and eliminate or lessen the environmental risks of underground fuel storage tank ownership or operation. Each billing cycle the GASCARD system reports complete fleet fueling transaction data -- date, time, site, vehicle, driver, odometer, miles per gallon, cents per mile, product, volume, price, extension, and excise tax details -- which fleet managers can use to maximize fleet efficiency. Through GASCARD's 126 franchisees, which are typically independent petroleum marketers, more than 500 salespeople market the GASCARD system primarily to local and regional delivery, sales, and service fleets, such as fuel and beverage distributors, overnight package delivery services, taxis, public utilities, and governmental agencies.
 GASCARD was originally organized in May 1981 and went public through an offering of its common stock in March 1987. In January 1990, the U.S. Patent Office issued Patent No. 4,891,503 to GASCARD for its Distributed Authorization System. This sophisticated database management program automatically maintains individualized subsets of GASCARD's national database in local point-of-sale terminals which enables them to authorize and process transactions almost instantaneously without recourse to GASCARD's central computer and thus at a greatly reduced telecommunications cost. GASCARD's common stock is traded on the over-the-counter market.
 -0- 7/2/92
 /CONTACT: Lindsay B. Holland of GASCARD, 619-431-3200, ext. 120/
 (GSCD) CO: GASCARD Inc. ST: California, Delaware IN: OIL AUT TRN SU: CON


AL-EH -- SD001 -- 6028 07/02/92 09:03 EDT
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Date:Jul 2, 1992
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