U.S. Bank Home   Customer Service   Contact Us   Locations   Careers   About U.S. Bancorp   
U.S. Bank



Related Links
Careers at U.S. Bancorp
Community Relations
Corporate Governance
IR Tool Kit
Print PagePrint Page
E-mail PageE-mail Page
RSS FeedsRSS Feeds
IR ContactsIR Contacts

Printer Friendly Version View printer-friendly version
<< Back
U.S. Bank Voyager Acquires Advent Business Systems, Inc.

HOUSTON & SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 5, 2006--U.S. Bank Voyager Fleet Systems, a major provider of fleet card payment services, has acquired Advent Business Systems, Inc., based in San Mateo, Calif. Advent provides technology that is deemed to be the most powerful, comprehensive and complete accounting management systems available to the petroleum and energy product supply chain. Terms of the transaction were not disclosed.

Through this acquisition, U.S. Bank Voyager Fleet Systems now has superior technology solutions that can be integrated with Voyager's payment card issuance and processing capabilities to provide a full spectrum of services to fuel marketers and other petroleum and energy product supply chain participants. Advent brings a new dimension to the product offerings that Voyager offers channel partners - regional fuel card marketers - with full-scale, enterprise-wide computing capabilities that allow a fuel marketer to consolidate all aspects of its operations within a single technology platform.

"Advent's core product capabilities are a perfect complement to the Voyager program," said Rob Abele, president of U.S. Bank Corporate Payment Systems. "Our strategic goal is to use one of the most powerful platforms in the industry to provide an array of payment card and related products to small and middle market fleets."

David Le Vine, president of Advent Business Systems, Inc. said, "This is a tremendous fit for Advent, Voyager and U.S. Bank, and we are excited to be a part of this great company. Our systems and software are already far ahead of other offerings in this space, and now we'll have new resources to take our technologies even further and to add them into Voyager's fleet products."

U.S. Bank Voyager Fleet Systems Inc. is a leading provider of the universal fleet fueling and maintenance card for over 1.5 million vehicles. Specifically designed to serve the needs of any size fleet, Voyager issues the Voyager Fleet Card, accepted at over 200,000 retail locations in all 50 states and provides comprehensive fleet management information services to commercial businesses and government agencies. Voyager Fleet Systems is based in Houston. Visit Voyager online at www.usbank.com/voyagerfleet.

Voyager is part of U.S. Bank Corporate Payment Systems, and its parent, U.S. Bancorp (NYSE:USB). With assets in excess of $207 billion, U.S. Bancorp is the 6th largest financial holding company in the United States. U.S. Bancorp is home of the Five Star Service Guarantee, which assures customers of certain key banking benefits and services or customers will be paid for their inconvenience. Visit U.S. Bancorp on the web at www.usbank.com.

CONTACT: U.S. Bank Media Relations
Teri Charest, 612-303-0732


"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information. U.S. Bancorp does not undertake an obligation, and disclaims any duty, to update any of the information on or available through this site.

This site is supported through the use of Microsoft Internet Explorer Browser, version 6.x or higher. Use of older or other browsers may cause pages to improperly display. We regret any inconvenience that this may cause.

Privacy Pledge   |   © 2010 U.S. Bancorp Site Map   |   Careers