PHH Arval Wins 2009 TechForum Award for Technology Innovation

SPARKS, MD - PHH Arval, a subsidiary of PHH Corporation, has won the 2009 TechForum Best Practices Award, sponsored by the Technology Managers Forum, the professional association for enterprise IT managers. PHH won first place in the Technology Innovation category for its advanced Driver Level Ordering online tool and North American vehicle ordering platform.

PHH's Driver Level Ordering tool, introduced last summer in Canada and coming to the US in 2010, is an interactive Web-based tool that provides enhanced information and capabilities to help drivers select their pre-authorized fleet vehicles. The tool provides a 360-degree view of a vehicle's exterior and interior, realistic color swatches, extensive vehicle profiles, and more. If the employer allows driver-paid options, the tool enables drivers to make secure credit card purchases. Once the vehicle is ordered, drivers and fleet managers alike can check the details and status of each order online.

In addition, the Driver Level Ordering system is based on a North American vehicle ordering platform created by PHH to promote seamless ordering across international borders. This totally new platform eliminates much of the manual, behind-the-scenes work that previously added time and effort to accurately send an order to the motor company.

David Zuidema, PHH Arval CIO, said, "We are honored to receive the TechForum Technology Innovation award. Our new Driver Level Ordering tool, based on a North American platform, is a great enhancement to productivity. It represents a remarkable breakthrough that simplifies vehicle ordering, decreases cycle time, and revolutionizes the way commercial vehicles are ordered."

The TechForum's Best Practice Awards is an annual program sponsored by Technology Managers Forum. The awards recognize quality achievements in technology management that provide a competitive advantage to the business environment. All winners were chosen from nominations from organizations in the United States, Europe and Asia. The Best Practice Awards program is particularly distinguished by the caliber of its judging panel, which features practicing Fortune 1000 technology managers.

About Technology Managers Forum

Technology Managers Forum is the professional association for IT managers at mid-to-large corporations. Founded in 1994, Technology Managers Forum's mission is to provide, through its five annual events, a venue for effective, informative communication between Fortune 1000 technology customers and their technology providers. TMF events bring together IT managers and IT vendors in an interactive atmosphere that features unedited debate and noncommercial dialogue on the most current and compelling enterprise IT issues. For more information, visit www.techforum.com.

About PHH Arval

PHH Arval, a subsidiary of PHH Corporation, is a fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies. Through consultative expertise, flexible customer service, and award-winning Internet technology, PHH Arval helps clients reduce costs and increase productivity.

About PHH Corporation

Headquartered in Mount Laurel, New Jersey, PHH Corporation is an outsource provider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top five retail originators of residential mortgages in the United States, and its subsidiary, PHH Arval, is a fleet management services provider in the United States and Canada.