Penske Installing LED Headlights From Truck-Lite on 5,000 Rental Semi-Trucks

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READING, PA -- (Marketwire) -- 11/30/12 -- Penske Truck Leasing today announced it is retrofitting 5,000 of its 2012 and 2013 semi-tractors currently within its commercial truck rental fleet with new, cutting-edge LED headlights from Truck-Lite. Penske is the first and only commercial truck rental operation to currently offer this innovative headlamp option within its fleet. The retrofitting will take place over the next 12 months. Penske plans to make these LED lights part of its core standard specifications for all the semi-tractors in its commercial truck rental fleet.

"We've field tested these new lights," said Art Vallely, Executive Vice President of Operations for Penske Truck Leasing. "They provide greater nighttime visibility compared with traditional headlights, which enhances safety for commercial truck drivers operating our equipment. The high durability of these lights also provides a significant cost-savings from a maintenance standpoint."

The new Truck-Lite LED headlamps were initially developed for military use and offer increased durability, visibility and safety. Manufactured in the U.S., Truck-Lite's forward lighting technology is battlefield tough and tested on vehicles serving in the Iraqi and Afghan theater since 2007.

"Our LED forward lighting capabilities and product line has continued to strengthen and grow," stated Beth English, Vice President of Marketing for Truck-Lite. "The overwhelming response from the military and commercial vehicle markets has allowed us to push forward and move the technology toward the custom heavy-duty market and our fleet partners. As a direct replacement to current headlamps, retrofit is easy, taking only minutes."

English continued, "Our new LED headlamp offering really speaks to high performance, durability and increased visibility for forward lighting applications. Offering longer life than comparable incandescent lamps, these LED headlamp products are worth the upfront investment, saving the time and expense of replacing lamps multiple times while offering increased safety for the driver."

Truck-Lite's LED forward lighting headlamps offer improved driver visibility through its more natural light spectrum, leading to improved object recognition at night and increased daytime visibility. Truck-Lite's LED beam pattern also reduces eye-strain for drivers and reduces harsh headlight glare to oncoming traffic. An additional benefit is a significant reduction in amperage draw on the vehicle's electrical system, freeing up power for other uses and resulting in a 50-times longer lighting system life than conventional halogen technology.

Truck-Lite Co., LLC is headquartered in Falconer N.Y., with additional manufacturing facilities in Wellsboro, Coudersport, and McElhattan, Pa., as well as Birmingham and Harlow England, and other facilities around the world. Truck-Lite is a major producer of signal lighting, forward lighting, wiring harnesses, mirrors, turn signal switches, and safety accessories to the heavy duty truck, trailer, and commercial vehicle industries. Visit http://www.truck-lite.com for product and company information.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation, Penske Automotive Group and General Electric Capital Corporation. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. To learn more about Penske's products and services please visit www.GoPenske.com and our "Move Ahead" blog.

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Contacts: Alen Beljin P: 610-775-6364 E: alen.beljin@penske.com Randy Ryerson P: 610-775-6408 E: randolph.ryerson@penske.com