News - West Palm Beach, Ft Myers, Boynton Beach, Okeechobee Oil delivery by Palmdale Oil Company

Palmdale Oil Announces Pacific Pride, Inc. Acquisition by WEX, Inc.
February 29, 2008

Fort Pierce, Florida – South Florida-based Palmdale Oil Company announces that Pacific Pride, Inc. has been sold to WEX, Inc., providing outstanding fleet card services to Palmdale Oil customers.

On February 29, 2008, Pacific Pride Services, Inc. closed transactions to sell substantially all of its assets to WEX, Inc.. The new name of Pacific Pride Services, Inc. will be Pacific Pride Services, LLC.

WEX, Inc. is a leading provider of payment processing for both commercial and government fleet industries. Their extensive network of fleet card locations and ability to help customers manage their vehicle fleets distinguishes WEX, Inc. in the fleet card market.

Now with the competitive edge of WEX, Inc., the Pacific Pride Fleet Card program is offered to Palmdale Oil Company customers as the leading fleet card program in the US. The Pacific Pride Fleet Card can now be used at any one of 1200 locations in a network that spans the country, along with 200 locations available in Canada. Additional sites are being added daily.

The Pacific Pride Fleet Card allows Palmdale Oil customers the ability to control fuel costs, reduce the risk of abuse and streamline billing processes, improving their bottom line. At www.palmdaleoil.com, Palmdale Oil customers are able to search for Pacific Pride locations located across the US and sign up for the Fleet Card program.

ABOUT PALMDALE OIL COMPANY - South Florida-based Palmdale Oil is a customer-centric, family-owned fuel distributor changing the standard in the fleet fuel and distribution. Palmdale Oil procures its fuel supply from four different terminals on both coasts in the South Florida area and the company operates up to 30 trucks daily, delivering millions gallons of fuel per year. Palmdale Oil offers a full line of TOTAL/FINA-based products for its customers throughout the state. This distinction, combined with its other lubricant products and petroleum-based equipment, Palmdale Oil is positioned as one of the premier providers of petroleum-based products in all of Florida.