Exxon Mobil Corporation (ticker: XOM, exchange: New York Stock Exchange (.N))
News Release -
ExxonMobil Introduces Instant Activation Program for its Speedpass Electronic Payment System; Hand Held Computer Allows Exxon and Mobil Retailers to Enroll Customers On-Site in About Two Minutes
FAIRFAX, Va.--(BUSINESS WIRE)--March 16, 2006--ExxonMobil today
announced that its Speedpass(TM) electronic payment system has taken a
new step in customer convenience. Utilizing hand held computer
technology, Speedpass Instant Activation will allow customers to open
a Speedpass account and use their Speedpass fob within about two
minutes at Exxon and Mobil stations. The Instant Activation program is
supported by a customer offer of gasoline rebates and incentives.
Speedpass Instant Activation is facilitated by a hand held
wireless computer which allows enrollment and activation at Exxon and
Mobil retail locations or other remote sites. Customers no longer have
to initiate the enrollment process using paper applications, wait for
the device to be mailed to them, and then call to activate the device.
Speedpass electronic payment allows customers to make gasoline
purchases at the pump and for inside convenience store purchases all
with just the wave of a special key ring fob. More than 6 million
Speedpass devices have been issued in the U.S. since it was introduced
in 1997. Speedpass is accepted at more than 8,800 Exxon and Mobil
retail locations in the U.S.
"Speedpass Instant Activation is the next step in convenience, and
delivers on our promise to provide speedy purchases for our
customers," said Mark Shores, U.S. retail sales director, ExxonMobil
Fuels Marketing. "Not only does it allow customers to obtain and use a
Speedpass in only a few minutes, it helps our retailers build on their
existing base of loyal Speedpass customers."
ExxonMobil is supporting the Speedpass Instant Activation program
with a gasoline rebate offer. Through December 31, 2006, at
participating retailers, ExxonMobil will offer customers who enroll
and activate a new Speedpass account at an Instant Activation store
event a 5 cent per gallon rebate on fuel purchased with their
Speedpass device for a 90-day period from the date of activation (up
to a maximum of $20 per account). The offer is valid for new Speedpass
customers who activate through December 31, 2006. In states where the
rebate is prohibited by law (Fla., La., Mass., N.J., N.C., R.I.,
S.C.), new Speedpass customers will receive a $20 ExxonMobil Cash Card
(or $20 ExxonMobil Credit Card statement credit if they link Speedpass
to an ExxonMobil Credit Card).
Additional informational about Speedpass enrollment, features and
benefits can be found at www.speedpass.com or by calling
ExxonMobil, Exxon, Mobil and Speedpass are trademarks of Exxon
Mobil Corporation (NYSE:XOM) or one of its subsidiaries.
Media Line, 703-846-4467
SOURCE: Exxon Mobil Corporation