“With the increased credit facility, we currently have a lot of dry powder, about $1 billion in cash, to continue our strategy of acquiring companies with good business models in attractive regions and to implement other business strategies,” said Eric Dey, Chief Financial Officer, FleetCor Technologies, Inc. FleetCor is a global leader in fuel cards and payment products for corporate employees. FleetCor`s payment programs allow businesses to better control their employees` expenses and provide merchants who accept the card with a commercial customer base that can increase their revenue and loyalty. FleetCor serves commercial accounts in North America, Latin America and Europe. For more information, see www.fleetcor.com. This press release contains forward-looking statements within the meaning of federal securities of value law. Statements that are not historical facts, including statements about FleetCor`s beliefs, expectations and future performance, are forward-looking statements. Forward-looking statements may be identified by the use of words such as “foreshadow,” “intention,” “believe,” “plan,” “plan,” “project,” “wait,” “become,” “become,” “could,” “could” or “should,” the negative of those terms or other comparable terminology. For example, forward-looking statements contained in this press release are statements about the expected uses of credit facility revenues, including acquisitions or share repurchases. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statements, such as the increase in interest rates. B, difficulties in meeting debt commitments, cash obligation to repay debt, compliance with credit alliances, vulnerability to economic downturns, competitive disadvantages of debt, increased risk associated with additional debt, access to securitization financing debt claims, higher fuel prices requiring additional financing of labour capital and other risks and uncertainties identified in the Annual Report K for the year ended December 31, 2011, which was submitted to the Securities and Exchange Commission on February 29, 2012.
FleetCor believes that these forward-looking statements are appropriate; However, forward-looking statements are not a guarantee of performance and such statements should not be over-expected.