Volvo Construction Equipment Rents, Inc. (Volvo Rents), has announced the opening of a new Volvo Rents equipment rental franchise in New Braunfels (San Antonio), Texas. It is the company¡¯s fifth rental center in the state; others are in Houston, Austin, McKinney (Dallas), and Donna (McAllen).

NRL San Antonio Rentals, LP, owned by franchise principals Bob Balli, Marcel and Dwight Bosworth and Butch Thomas, officially opened its first Volvo Rents center at 6410 IH 35 South, New Braunfels, at the end of October 2006. The new Volvo Rents center, an independently owned and operated franchise, will carry, in addition to Volvo construction equipment, a comprehensive line of essential equipment and tools for the construction, commercial, industrial and homeowner markets.

Balli¡¯s NRL Rentals, LLC, and Bosworth Nevada Investments, LLC, are also principal owners of the Volvo Rents franchise in Las Vegas, Nevada, which opened in March of 2002.

The Volvo Rents franchise program was designed by Volvo CE and covers all aspects of an operating business model. Features include use of the Volvo brand, financial assistance, a fleet purchasing program for non-Volvo products, a Volvo Rents proprietary software program, operational support and guidance, comprehensive training in systems, sales, service, and management as well as facility design and regional and local marketing. Principal Volvo products for its rental centers include its extensive line of compact excavators and wheel loaders and backhoe and skid steer loaders.

Volvo Rents recently entered into an agreement with Result Group to operate its rental result management system worldwide. The system is a software application providing complete lifecycle management of the rental of construction equipment and related assets from acquisition to disposal. The purpose of the program is to provide superior customer service through fast and efficient rental contract processing supported by integrated backoffice functions including workshop, maintenance, accounting, and financial and management reporting.

Volvo Rents has seventy (70) equipment rental centers open in North America, sixty-six (66) centers in Europe (Spain, Portugal, Italy, Germany, Poland and Austria), and one (1) in its international region (Mexico).