Cendant Mobility today announced key results across all lines of its businesses for the first six months of 2001, exceeding all expectations and breaking new barriers.

Key areas of growth to date in 2001 according to the company are:

• Seventy three new clients signed in the 2nd quarter of 2001 and 176 worldwide signed year-to-date - up 100 percent from the same period of 2000.
• To date, Cendant Mobility's Affinity business unit has serviced over 50,000 customers in 2001 and its closing volume is 12 percent higher than anticipated.
• As a provider of three contracts for the outsourced management of household goods shipments for the Department of Defense's Full Service Moving Project, Cendant Mobility handled 7,300 initiations and over 2,200 delivered and completed moves for United States service members so far this year.
• More than $98 million has been distributed to Cendant Mobility's women- and minority-owned businesses the first six months of 2001 - a 22 percent increase in first-tier dollars and an impressive demonstration of its commitment to supplier diversity.
• Cendant Mobility's Top Block service jumped nearly 10 percent from the same time last year - a strong indicator of client satisfaction.

Cendant Mobility is a recognized leader in all market segments it serves, including corporate, military and government relocation, international assignment and consulting services, and affinity programs. Cendant Mobility has nearly 2,100 global clients. It assists over 128,000 transferring employees annually, represented by cross-border activity in over 140 countries. Cendant Mobility is a subsidiary of Cendant Corporation (NYSE: CD).

Published: July 30, 2001

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