National Truck Protection and Worldwide Equipment Enterprises Agree on Exclusive Extended Service Contract Partnership

Worldwide to Offer NTP Warranties on All Used Trucks

CRANFORD, N.J.--()--National Truck Protection Inc. (NTP), North America’s leading independent provider of extended service contracts (ESCs) to the trucking industry, is pleased to announce that the company has signed an exclusive partnership agreement with Worldwide Equipment Enterprises (WEE) to offer NTP ESCs to all of its customers.

“At NTP, we are constantly looking for partners who understand the invaluable protection ESCs can provide and the security and comfort that comes from working with the recognized industry leader. WEE is a prime example of this and we couldn’t be more delighted to have formed this relationship,” said Robert S. Amico, President of NTP. “Given today’s economic climate, truck owners simply cannot afford to be unprotected from any unforeseen breakdowns or catastrophic failures.”

“Our goal is to assist customers maintain a competitive position by providing them "Whatever it Takes”. With this in mind and in an effort to improve overall customer satisfaction, we have set a goal of providing NTP warranty coverage on every used truck we sell throughout our business”, said Scott Blevins Executive Vice President/Chief Operating Officer for WEE. We are very impressed with NTP’s extensive coverage options and their “one-stop shopping” mentality. The fact that they use only OEM parts and cover Wear Out more than any competitor is a testament to their commitment to provide the most comprehensive coverage possible, and we believe their proven OEM relationships make NTP the ideal partner for us.”

About NTP Inc.

NTP Inc., based in Cranford, NJ, is the leading independent provider of warranty and service contracts to the North American trucking industry. NTP, celebrating its 28th year, provides private label warranties to major OEMs as well as extended service contracts to the used truck segment through its extensive network of corporate and independent dealers. NTP provides the most comprehensive repair and breakdown management services in the industry. For information, please visit www.ntpwarranty.com.

NTP is a portfolio company of Palladian Capital Partners LLC, a New York based private equity firm in the middle market segment. Visit www.palladiancap.com for additional information.

NTP is an Accredited Member of the Better Business Bureau (www.bbb.org).

About Worldwide Equipment Enterprises

Established in 1967 and named by the ATD Truck Dealer of the Year for 2012, WEE operates in 6 states and has 35 locations including 15 full-service dealerships, 11 leasing locations, and currently employs over 1,000 employees, including some of the most extensively trained service technicians in the industry.

WEE sells new and used heavy and medium duty truck & trailers including Mack, Volvo, Kenworth, Hino, UD, Isuzu & East Trailers. In addition, WEE offers parts, service, financing & insurance, leasing & rental, as well as specialty services.

Contacts

National Truck Protection
Steve Gerber, 908-592-0104
Director of Marketing
Steven.Gerber@NTPwarranty.com

Release Summary

National Truck Protection and Worldwide Equipment Enterprises Agree on Exclusive Extended Service Contact Partnership to Offer NTP Warranties on All Used Trucks

Contacts

National Truck Protection
Steve Gerber, 908-592-0104
Director of Marketing
Steven.Gerber@NTPwarranty.com