Sonja Alexander July 31, 1998 Headquarters, Washington, DC (Phone: 202/358-1761) RELEASE: c98-k NASA SELECTS NATIONSBANK AS NEXT CREDIT CARD PROVIDER NASA has selected Nationsbank, Charlotte, NC to be its next credit card provider for fleet, travel and purchase cards. Nationsbank is one of six banks awarded master contracts by the General Services Administration (GSA). NASA will issue a task order agreement for all three card types through GSA, to be effective Nov. 30, 1998, for up to ten years, including options. NASA spends approximately $100 million per year through credit card services. This no-cost agreement with Nationsbank for all three card types will allow NASA to pursue integrated services that will streamline processes and gain efficiencies. NASA currently uses three different GSA card providers: American Express for travel cards, Rocky Mountain Bank for purchase cards, and Wright Express for fleet cards. The existing card agreements expire on November 29, 1998. -end-