Wednesday, March 26, 2008

Agility Acquires Stake in US-based Global Supply Chain Company, Industriaplex Inc.

SANTA ANA, Calif., March 26 /PRNewswire/ -- Agility, a leading global logistics provider, and Industriaplex Inc., a next generation B2B service provider, have formed a strategic alliance with Agility's acquisition of a 10.82 percent equity stake in the company.

Industriaplex, based in Atlanta, Ga., is a global sourcing, equipment distribution, and facility services company that provides integrated supply, installation and maintenance solutions. Its customer base is largely in the US, Canada, Kuwait, and China and includes industry leaders in the retail, foodservice, grocery, and manufacturing markets. In the last year, Industriaplex sales were US$94.4 million. The company has over 100 employees and offices in Atlanta, Ga., Carson, Calif., Hong Kong and Shanghai, China.

The alliance is designed to provide various logistics services to Industriaplex customers while Agility can offer Industriaplex's sourcing services to its existing global customer base.

"Industriaplex has a unique business model and set of services that complements Agility's global network," said Essa Al Saleh, President and CEO - Global Integrated Logistics for Agility. "Through this partnership, we continue to focus our strategy of differentiating Agility's capabilities and solution offering to its customers by adding sourcing and related value adding services in key emerging markets," added Al Saleh.

Industriaplex's business model integrates sourcing, supply chain, installation and maintenance solutions that reduce the total lifecycle costs of its customers' facilities, equipment, and systems. This is achieved through volume aggregation, variable, unlimited global manufacturing capacity, and by optimizing the design and deployment of the products material sourcing and Lean Sigma continuous improvement processes, according to Jason Gries, Chairman and CEO, Industriaplex.

"Following the alliance with Agility, Industriaplex now has a top quality logistics partner to reliably service the requirements of our customers," said Brian Robbins, President and COO. "We will now also have access to growth capital, as well as Agility's increasing customer base."

About Agility

Agility is a leading global logistics provider with more than 32,000 employees, and over 550 offices in 100 countries around the world. A publicly traded company, with $6.2 billion in annual revenue, we have three key operating units -- Global Integrated Logistics (GIL), Defense & Government Services (DGS) and Investments. Through GIL, we focus on offering customers truly personalized service and flexible supply chain solutions tailored to meet their individual business needs, supported by a comprehensive network of warehousing facilities, transportation and freight management services. Our customers span a range of industries from technology and retail to defense and government and oil and gas.

For more information about Agility, visit http://www.agilitylogistics.com.