AirPlus International, a leading global supplier of corporate travel payment solutions partners with Bradesco, Brazil's largest private bank issuer to provide international companies in Brazil with a complete corporate payment solution. Through the partnership with Bradesco, AirPlus will further extend its partner network and merchant base in the Latin American region, strengthening its position in the business travel payment market worldwide.

The partnership between AirPlus and Bradesco will offer corporations in Brazil a comprehensive solution that will enable them to better analyze and control their travel spending with detailed and accurate data including company, traveler and trip-specific information. The partnership also expands the AirPlus merchant base within Latin America. Corporations worldwide will benefit from the new strategic cooperation between AirPlus and Bradesco, making it possible for them to manage all corporate travel purchasing through a single global provider.

"In Bradesco, we have found a partner that is ideally positioned in the Brazilian market. Bradesco's existing payment systems are an excellent fit with our know-how in international business travel management," said Richard Crum, president and CEO, AirPlus International, Americas. "With Bradesco we have a great partner for sustained growth in the region."

"At Bradesco are very happy for this partnership, as it strengthens our leadership position on the commercial cards market in Brazil, mainly on the corporate travel segment. Besides that, it demonstrates the excellence of our products and services and our capacity to meet the needs of large international corporations' subsidiaries", said Jose Renato Simao Borges, Departmental Director at Bradesco.

The core product of the partnership is the BRADESCO Cartao Passagem Bradesco (CPB). This lodged product offers companies a central billing solution to easily pay for air tickets from all major international airlines. The detailed accounting information provided by the CPB enables companies to enjoy the benefit of unparalleled transparency of costs.

In addition to the CPB, the BRADESCO Corporate Gold Card serves as a powerful payment tool for all other travel and entertainment-related expenses. These two products also enjoy extensive insurance benefits as well as a wide range of other advantages.

All data generated through the use of AirPlus payment products is available to corporations anytime online via the web-based AirPlus Information Manager, allowing them to analyze and generate comprehensive reports on their travel programs. Detailed expense reports provided by the AirPlus Information Manager assist businesses to identify potential saving opportunities, thereby providing them with an excellent basis for price negotiations with airlines, hotels, car rental companies and other service providers. Over 30,000 corporate customers worldwide rely on AirPlus for their business travel management needs and benefit from AirPlus' presence in all the leading business travel markets worldwide.

BRADESCO is the leader at the Brazilian private financial market. With an ample branches network and a complete services system through channels such as internet, telephone and self-attendance machines, it is present in all of Brazil, offering convenience for its 16.5 million clients. There are around 13,000 conventional points of service, among them bank branches, advanced posts and banking services at companies and Postal Bank Branches, besides Bradesco's Dia e Noite (Private ATM Network) 22,247 self-attendance machines.

AirPlus International is a leader in corporate travel payment systems and management information reporting solutions. With AirPlus' central payment accounts, corporate cards and online management tools, customers can optimize all their travel payment practices. More than 30,000 companies, including some of the world's largest global enterprises, have come to trust AirPlus. AirPlus is the preferred payment partner of Continental Airlines, British Airways, Lufthansa German Airlines, Austrian Airlines, Swiss International Air Lines and TAP Portugal.