USHCC Names Cendant Corporation of the Year

Today, the United States Hispanic Chamber of Commerce (USHCC) will present Cendant Corporation with its 2003 “Corporation of the Year” Award at the 24th Annual National Convention & Business Expo for their long-standing dedication to the economic development of Hispanic businesses. This prestigious award will be presented during the Awards Gala on Saturday, October 4, at 7:00 p.m.
“Cendant is pleased to be honored by USHCC as `Corporation of the Year`,” said Cendant Chairman, President and CEO, Henry R. Silverman. “We recognize the significance of the Hispanic marketplace, and our company is consistently focused on integrating diversity initiatives into every aspect of our business.”
George Herrera, USHCC President and CEO added, “It is such a pleasure for me to present Cendant with the `Corporation of the Year` award. Not only are they one of the nation`s most successful corporations, they are also among the country`s strongest advocates for the successful development of the Hispanic community.”
Cendant is one of the foremost providers of travel and real estate services in the world, including the largest hotel franchisor, the largest vacation ownership organization, and one of the world`s largest car rental operators. In addition, Cendant is the largest real estate brokerage franchisor, one of the largest retail mortgage originators in the U.S. and the world`s largest provider of outsourced corporate employee relocation services. The company has 90,000 employees worldwide and offers its services in over 100 countries.
Every year, the USHCC honors Hispanic chambers and businesses, as well as corporate and government advocates that have attained or contributed to business excellence. The “Corporation of the Year” award is presented to a company that has a proven and long-standing record of excellence in the Hispanic community. The award also pays tribute to the illustrious achievements and innovations that have made a measurable impact on the economic development of our nation`s Hispanic community.
The USHCC represents the interests of more than 1.2 million Hispanic-owned businesses in the United States and Puerto Rico, which earn more than $200 billion annually. It serves as the umbrella organization for over 130 local Hispanic chambers nationwide, and it actively promotes the economic growth and development of Hispanic entrepreneurs. For more information visit www.ushcc.com.
Cendant Corporation is primarily a provider of travel and residential real estate services. With approximately 90,000 employees, New York City-based Cendant provides these services to businesses and consumers in over 100 countries. More information about Cendant, its companies, brands and current SEC filings may be obtained by visiting the Company`s Web site at www.cendant.com or by calling 877-4-INFOCD (877-446-3623).

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