Brentwood, Tenn. - (March 12, 2007) - Comdata® Corporation, a wholly owned subsidiary of Ceridian Corporation, has announced it has acquired Inter-Tax, Inc. a leading provider of paperless fuel tax services. The acquisition creates North America's most comprehensive suite of regulatory compliance solutions for the ground transportation industry. Companies will benefit from the following solutions:
"We are very excited about the opportunity to bring our two companies together," said Tom Rushfeldt, Inter-Tax founder. "Comdata is an industry leader with a suite of flexible financial solutions and services that improve efficiency and profitability. The addition of Inter-Tax to Comdata's very strong set of regulatory compliance solutions will give our clients the industry's most comprehensive compliance solutions."
The Inter-Tax customer base will benefit from access to Comdata's suite of solutions including temporary permitting, pilot car procurement, licensing, paper based fuel tax, driver log auditing, driver retention, document retention and drug and alcohol testing solutions.
About Comdata Corporation
Comdata® Corporation (www.comdata.com)
is redefining the movement of money and information through innovative payment
solutions. Comdata provides custom solutions for a wide range of industries such
as transportation, retail, government services, aviation, construction, service
businesses, restaurants and hospitality. Innovative electronic payment solutions
range from credit and debit cards, gift and loyalty cards, fleet, fuel, payroll,
purchasing and T&E. As a full-service merchant processor, Comdata's platforms
support both its proprietary and branded card networks, as well as card
processing for all card types. Headquartered in Brentwood, Tennessee, Comdata
employs more than 1,600 people worldwide. Comdata is a wholly owned subsidiary
of Minneapolis-based Ceridian Corporation (NYSE: CEN).
About Ceridian
Ceridian Corporation (NYSE: CEN) is an information services 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