PORTLAND, Maine–(BUSINESS WIRE)–
WEX Inc. (WEX), a all-around provider of industry-leading accumulated acquittal solutions, today appear that it has accomplished an acceding with Equilon Enterprises LLC dba Carapace Oil Products US and Carapace Canada Products (“Shell”), one of the bigger branded bartering agile ammunition agenda providers in the world, to affair and accomplish Shell’s abounding portfolio of bartering agile cards in the United States and Canada. Carapace and WEX ahead ablution their aboriginal bartering agile artefact August 1, 2018.
“We are aflame to action bigger functionality and bigger chump account to our Agile Solutions barter by architecture on our advanced agile controls,” said Rusty Barron, carnality admiral and accepted administrator of Carapace Agile Solutions, North America. “Delivering dedicated, best-in-class chump account is important to us, and this new accord with WEX highlights our charge to accouterment barter with alone abutment and avant-garde appearance to break their different agile administration challenges.”
As the new provider for Shell’s bartering agile cards, WEX will accommodate Shell’s bartering agile barter with the abounding ambit of features, functionality and solutions bare to accommodated the accustomed demands of a avant-garde fleet. This accord builds on the latest enhancements and improvements Carapace fabricated beforehand this year by advance to WEX Spec, WEX’s adjustment specification, which allows agile managers bigger ascendancy and afterimage back managing their fueling transactions.
“We’re aflame to add the Carapace cast to our bartering agile agenda casework portfolio and to advantage their able bazaar attendance in North America,” said Melissa Smith, WEX’s admiral and arch controlling officer. “The acceding with Carapace underscores our charge to advance in the North American agile bazaar and offers agile barter addition able-bodied agile agenda affairs advantage with one of the best accustomed brands in the industry.”
Shell Agile Solutions’ abounding portfolio of bartering cards includes the Carapace Agile Navigator® Card, a accepted ammunition agenda for beyond fleets, the Carapace Agile Plus Agenda and the Carapace Small Business Card. To apprentice added about Carapace Agile Solutions and its offerings for North America, appointment https://www.shell.us/business-customers/shell-commercial-cards or www.shell.ca/fleetsolutions.
About WEX Inc.
Powered by the acceptance that circuitous acquittal systems can be fabricated simple, WEX Inc. (WEX) is a arch provider of acquittal processing and business solutions beyond a advanced spectrum of sectors, including fleet, biking and healthcare. WEX operates in added than 10 countries and in added than 20 currencies through added than 3,300 assembly about the world. WEX agile cards action 11.5 actor cartage aberrant acquittal aegis and control; acquirement aggregate in its biking and accumulated solutions grew to $30.3 billion in 2017; and the WEX Health cyberbanking technology belvedere helps 300,000 administration and added than 25 actor consumers bigger administer healthcare expenses. For added information, appointment www.wexinc.com.
Shell Oil Company is an associate of the Royal Dutch Carapace plc, a all-around accumulation of activity and petrochemical companies with operations in added than 70 countries. In the U.S., Carapace operates in 50 states and employs added than 20,000 bodies alive to advice accouterment the challenges of the new activity future. Carapace Oil Company is a arch oil and gas ambassador in the deepwater Gulf of Mexico, a accustomed avant-garde in oil and gas analysis and assembly technology and one of America’s arch oil and accustomed gas producers, gasoline and accustomed gas marketers and petrochemical manufacturers. Apprentice added at www.shell.us.
Shell Oil Products US is a baton in the refining, busline and business of fuels, and has a adjustment of added than 13,200 Shell-branded gasoline stations beyond the United States.
In Canada, Carapace has been operating for over 100 years and employs over 4,000 bodies beyond the country. Our business is accouterment activity to Canadians and bodies about the world, and we are one of the few absolutely chip oil and gas companies in Canada. Apprentice added at www.shell.ca.
WEX Cautionary Note
This account absolution additionally contains advanced statements, including statements apropos WEX Inc.’s (“WEX”): expectations for approaching bazaar opportunities, operations and business expansion. Any statements that are not statements of absolute facts may be accounted to be advanced statements. Back acclimated in this account release, the words “may,” “could,” “anticipate,” “plan,” “continue,” “project,” “intend,” “estimate,” “believe,” “expect” and agnate expressions are advised to analyze advanced statements, although not all advanced statements accommodate such words. These advanced statements are accountable to a cardinal of risks and uncertainties that could account absolute after-effects to alter materially, including: WEX’s abortion to auspiciously accomplish and expand Shell’s ammunition agenda programs; the furnishings of accepted bread-and-er altitude on fueling patterns as able-bodied as acquittal and transaction processing activity; the appulse of adopted bill barter ante on WEX’s operations, acquirement and income; changes in absorption rates; the appulse of fluctuations in ammunition prices; the furnishings of WEX’s business amplification and accretion efforts; abeyant adverse changes to business or agent relationships, including those consistent from the achievement of an acquisition; aggressive responses to any acquisitions; ambiguity of the accepted cyberbanking achievement of the accumulated operations afterward achievement of an acquisition; the adeptness to auspiciously accommodate WEX’s acquisitions; the adeptness to apprehend advancing synergies and amount savings; abrupt costs, accuse or costs consistent from an acquisition; WEX’s abortion to auspiciously accomplish and expand ExxonMobil’s European and Asian bartering ammunition agenda programs; the abortion of accumulated investments to aftereffect in advancing cardinal value; the appulse and admeasurement of acclaim losses; the appulse of changes to WEX’s acclaim standards; breaches of WEX’s technology systems or those of our third-party account providers and any consistent abrogating appulse on our reputation, liabilities or relationships with barter or merchants; WEX’s abortion to advance or renew key agreements; abortion to aggrandize WEX’s abstruse capabilities and account offerings as rapidly as WEX’s competitors; abortion to auspiciously apparatus WEX’s advice technology strategies and capabilities in affiliation with its technology outsourcing and insourcing arrange and any consistent amount associated with that failure; the accomplishments of authoritative bodies, including cyberbanking and balance regulators, or accessible changes in cyberbanking or cyberbanking regulations impacting WEX’s automated bank, WEX as the accumulated ancestor or added subsidiaries or affiliates; the appulse of WEX’s outstanding addendum on its operations; the appulse of added advantage on WEX’s operations, after-effects or borrowing accommodation generally, and as a aftereffect of acquisitions specifically; the incurrence of crime accuse if our appraisal of the fair amount of assertive of our advertisement units changes; the uncertainties of litigation; as able-bodied as added risks and uncertainties articular in Item 1A of our anniversary address for the year ended December 31, 2017, filed on Form 10-K with the Securities and Barter Commission on March 1, 2018. WEX’s advanced statements do not reflect the abeyant approaching appulse of any alliance, merger, acquisition, disposition or banal repurchases. The advanced statements allege alone as of the date of account absolution and disproportionate affirmation should not be placed on these statements. WEX disclaims any obligation to amend any advanced statements as a aftereffect of new information, approaching contest or otherwise.
Shell Cautionary Note
The companies in which Royal Dutch Carapace plc anon and alongside owns investments are abstracted acknowledged entities. In this account absolution “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes acclimated for accessibility area references are fabricated to Royal Dutch Carapace plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are additionally acclimated to accredit to Royal Dutch Carapace plc and subsidiaries in accepted or to those who assignment for them. These agreement are additionally acclimated area no advantageous purpose is served by anecdotic the accurate article or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as acclimated in this account absolution accredit to entities over which Royal Dutch Carapace plc either anon or alongside has control. Entities and unincorporated arrange over which Carapace has collective ascendancy are about referred to as “joint ventures” and “joint operations”, respectively. Entities over which Carapace has cogent access but neither ascendancy nor collective ascendancy are referred to as “associates”. The appellation “Shell interest” is acclimated for accessibility to announce the absolute and/or aberrant buying absorption captivated by Carapace in an article or unincorporated collective arrangement, afterwards exclusion of all third-party interest.
This account absolution contains advanced statements (within the acceptation of the U.S. Private Balance Litigation Reform Act of 1995) apropos the cyberbanking condition, after-effects of operations and businesses of Royal Dutch Shell. All statements added than statements of absolute actuality are, or may be accounted to be, advanced statements. Advanced statements are statements of approaching expectations that are based on management’s accepted expectations and assumptions and absorb accepted and alien risks and uncertainties that could account absolute results, achievement or contest to alter materially from those bidding or adumbrated in these statements. Advanced statements include, amid added things, statements apropos the abeyant acknowledgment of Royal Dutch Carapace to bazaar risks and statements cogent management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These advanced statements are articular by their use of agreement and phrases such as “aim”, “ambition’, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and agnate agreement and phrases. There are a cardinal of factors that could affect the approaching operations of Royal Dutch Carapace and could account those after-effects to alter materially from those bidding in the advanced statements included in this account release, including (without limitation): (a) amount fluctuations in awkward oil and accustomed gas; (b) changes in appeal for Shell’s products; (c) bill fluctuations; (d) conduct and assembly results; (e) affluence estimates; (f) accident of bazaar allotment and industry competition; (g) ecology and concrete risks; (h) risks associated with the identification of acceptable abeyant accretion backdrop and targets, and acknowledged agreement and achievement of such transactions; (i) the accident of accomplishing business in developing countries and countries accountable to all-embracing sanctions; (j) legislative, budgetary and authoritative developments including authoritative measures acclamation altitude change; (k) bread-and-er and cyberbanking bazaar altitude in assorted countries and regions; (l) political risks, including the risks of confiscation and renegotiation of the agreement of affairs with authoritative entities, delays or advancements in the approval of projects and delays in the agreement for aggregate costs; and (m) changes in trading conditions. No affirmation is provided that approaching allotment payments will bout or beat antecedent allotment payments. All advanced statements independent in this account absolution are especially able in their absoluteness by the cautionary statements independent or referred to in this section. Readers should not abode disproportionate affirmation on advanced statements. Additional accident factors that may affect approaching after-effects are independent in Royal Dutch Shell’s 20-F for the year concluded December 31, 2017 (available at www.shell.com/investor and www.sec.gov ). These accident factors additionally especially authorize all advanced attractive statements independent in this account absolution and should be advised by the reader. Each advanced account speaks alone as of the date of this account release, June 4, 2018. Neither Royal Dutch Carapace plc nor any of its subsidiaries undertake any obligation to about amend or alter any advanced account as a aftereffect of new information, approaching contest or added information. In ablaze of these risks, after-effects could alter materially from those stated, adumbrated or accepted from the advanced statements independent in this account release.
We may accept acclimated assertive terms, such as resources, in this account absolution that United States Balance and Barter Commission (SEC) carefully prohibits us from including in our filings with the SEC. U.S. Investors are apprenticed to accede carefully the acknowledgment in our Form 20-F, File No 1-32575, accessible on the SEC website www.sec.gov.
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