PHH Arval launches PHH Onboard in Canada

Telematics-powered service helps fleets enhance safety and productivity while reducing costs

April 7, 2008 -  PHH Arval, a subsidiary of PHH Corporation [NYSE: PHH], has announced that its telematics-powered service, PHH Onboard, is now available in Canada. The offering is integrated with PHH’s U.S.-based telematics capabilities, providing a single information platform across borders.

Canadian companies and those with operations in both the United States and Canada can take advantage of the unique insights provided by PHH Onboard to help improve top line revenue, increase driver safety, decrease operating costs and increase driver and vehicle productivity. PHH Onboard combines:

• Advanced in-vehicle telematics technology
  
• Actionable reporting, management tools and scorecards which integrate telematics data and fleet information
  
• PHH Arval’s consultative expertise and program management

PHH Onboard delivers customized, end-to-end telematics solutions, designed to meet a wide range of unique business needs. The service can help fleets increase the number of productive stops, reduce idle time, dispatch the nearest resource, eliminate speed violations, and improve safety and the fleet's risk profile.  PHH Onboard includes consultation with business leaders in the client organization, creation of a Return on Investment (ROI) model, program management, telematics device logistics, robust reporting, exception management, and results and trend analysis.

PHH Arval is partnering with multiple telematics suppliers to provide full coverage throughout Canada and a wide range of features, including driver identification keys, integration with Windows CE-based technology (both in-vehicle and driver hand held), and the ability to collect data from a variety of vehicle sensors such as seat belts, doors, and more.

PHH Arval
PHH Arval, a subsidiary of PHH Corporation [NYSE: PHH], is a leading 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. For more information, visit www.phharval.com, or call 800 ONLY PHH.

About PHH Corporation
Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top ten retail originators of residential mortgages in the United States(1), and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. For additional information about the Company and its subsidiaries, please visit our website at www.phh.com.

(1) Inside Mortgage Finance, Copyright 2007