PARSIPPANY, N.J., Oct. 3, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (CAR), a leading provider of vehicle rental services, today announced that David B. Wyshner, Senior Executive Vice President and Chief Financial Officer, will present at the 2012 Deutsche Bank Leveraged Finance Conference on October 10, 2012 at 4:40 p.m. Eastern time.

A live webcast will be available on the Avis Budget Group website at ir.avisbudgetgroup.com. A webcast replay will be available shortly after the live presentation and will be archived on the website.

About Avis Budget Group

Avis Budget Group, Inc. is a leading global provider of vehicle rental services through its Avis and Budget brands, with 10,000 rental locations in approximately 175 countries around the world. Avis Budget Group operates most of its car rental offices in North America, Europe and Australia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 29,000 employees and is headquartered in Parsippany, N.J. For more information, visit www.avisbudgetgroup.com.

The Avis Budget Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8891

CONTACT: Media Contact:
         John Barrows
         973-496-7865
         PR@avisbudget.com

         Investor Contact:
         Neal Goldner
         973-496-5086
         IR@avisbudget.com