Penske Truck Leasing Opens Colorado Springs, Colo. Facility

READING, Pa., February 12, 2008 - Today, Penske Truck Leasing hosted the grand opening of a new facility in Colorado Springs, Colo., located at 2255 Cygnet Heights. The 14,000 square-foot state-of-the-art facility, employing 17 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 40 leasing customers are serviced from this eight-acre location and over 360 vehicles are maintained on-site.

The one-story building incorporates Penske Truck Leasing's new facility design elements, features state-of-the-art technology and is designed to enhance the customer experience. Penske continues its expansion efforts across North America. A new wireless technology component allows Penske service technicians to integrate various vehicle diagnostic and repair software. To save energy, GE fluorescent light bulbs with electronic ballasts using 50 percent less energy have been installed.

The facility cost approximately $5 million to construct, and has two service bays, an automated truck washing bay and a two-lane fuel island with high-speed fuel pumps for fast, efficient service.

Penske previously operated a Colorado Springs facility at 124 W. Cimarron.

"We are pleased to be moving into a considerably larger, state-of-the-art building that will allow Penske to operate more efficiently and improve the customer experience," stated Peter Weeks, Senior Vice President - Western Region, Penske Truck Leasing. "Penske's growth mirrors that of the growing Colorado Springs and Pueblo region. In the coming year, we look forward to adding additional associates to keep pace with the demand."

For more information, please call 719-573-3800. The rental department is open Monday through Friday from 7 a.m. to 5 p.m., and on Saturday from 8 a.m. until noon. The service department operates from 7 a.m. to 10 p.m. Monday through Friday, and from 8 a.m. until noon on Saturday.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation and General Electric. A leading global transportation services provider, Penske operates more than 218,000 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, transportation and warehousing management, and supply chain management solutions. Visit to learn more about the company and its products and services.