Fleet Management Solutions (FMS) Inc.’s mission is to be a dominant player globally in the automotive industry’s after sales services and re-marketing industry relative to the fleet management of leased vehicles. Headquartered in Athens, Greece, the Company currently owns and operates three commercial locations with fifteen full time employees. The Company provides numerous fleet management solutions in the automotive sector throughout Greece and various parts of the Balkans. Trading on the Pink Sheets, Fleet Management Solutions Inc. formed because of the merger between ABR Bosch Car Services (founded in 1992) and EDC Hellas S.A. (founded in 1998 by EDC Holdings).

The Company concentrates their efforts on using their broad automotive industry experience and their “state-of-the-art” technologies to provide turnkey services and solutions while significantly reducing costs for their client companies. They provide comprehensive fleet management solutions.

These solutions include online fleet management, maintenance programs, 24-hour roadside assistance, and fuel management programs. They also include insurance programs, license and title services, telematics, and acquisition and lease buyout programs, and re-marketing of used vehicles. FMS uses authorized dealership networks and the BOSCH Car Service Network with 120 service locations in Greece.

The Company has already established a list of domestic and global client companies. This list includes Ethniki Leasing, ATE Leasing & ATE Rent, Arval, Avis, and BMW. It also includes Emporiki Leasing, Honda, Audi & Volkswagen, Brinks Security, Speedex Courier and Atlas Copco, among others.

Today, Fleet Management Solutions Inc. announced that they appointed Mr. Evangelos Alexandris to serve as the Company’s President and CEO effective immediately. Mr. Alexandris founded FMS Hellas SA by orchestrating the merger of ABR Bosch Car Services and EDC Hellas S.A. His initial duties will include appointing a Board of Directors and expanding a global sales network for the Company’s technologies and solutions in the automotive industries after sales services and re-marketing of leased vehicles.

Mr. Alexandris commented, “I am excited about the Company’s future prospects as we have already experienced a triple digit growth rate every year since we combined the 2 companies 3 years ago despite the global economic crisis. The fleet management services and solutions that we provide continue to gain market acceptance which is accelerating as the automotive industry continues to rebound.”