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GASCARD INC. ANNOUNCES MAJOR FRANCHISEE SIGNED

 GASCARD INC. ANNOUNCES MAJOR FRANCHISEE SIGNED
 CARLSBAD, Calif., Dec. 9 /PRNewswire/ -- GASCARD Inc. ("GASCARD")


of Carlsbad, the country's leading fleet fuel management company, is proud to announce that A.N. Rusche Distributing Co. Inc. ("A.N. Rusche") of Houston, the largest Chevron motor fuel distributor in the United States, has signed a franchise agreement to develop GASCARD fuel sites and market the GASCARD Total Fuel Management System in Houston.
 Willis Jefferys, vice president of A.N. Rusche, said, "We are most enthusiastic about our entry into the fuel management business and the association with GASCARD. We believe that the fuel management/cardlock business represents an excellent fuel diversification for the '90s and joining GASCARD's strong national network best supports our plans for the Houston area."
 GASCARD President and Chief Operating Officer, Thomas L. Jewell, added, "This company is particularly gratified that A.N. Rusche chose GASCARD after one of the most thorough market research efforts we have ever observed. Mr. Jeffreys evaluated all the options, personally visited each of the principal fuel management networks, and clearly selected GASCARD based on its technological superiority and cost effectiveness. A.N. Rusche's capacity to develop the state's largest city will complement GASCARD's solid presence in west and north central Texas and link the strong franchisee networks in Louisiana and New Mexico."
 Background -- GASCARD Inc.:
 GASCARD provides fuel management services to tens of thousands of commercial fleets that transact over 13,000,000 gallons of fuel per month through more than 2,400 locations in 38 states. 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 franchisees, which are typically independent petroleum marketers, the GASCARD system is marketed primarily for use by 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- 12/9/91
 /CONTACT: Lindsay B. Holland of GASCARD, 619-431-3200, ext 120/
 (OTC) CO: GASCARD ST: California IN: OIL AUT SU:


DM-EH -- SD003 -- 0382 12/09/91 08:31 EST
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Publication:PR Newswire
Date:Dec 9, 1991
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