Osprey Capital Orchestrates the Sale of iWheels Dedicated Logistics to DART Supply Chain Solutions

Toronto, Ontario, Canada. - August 14th 2009 - DART Supply Chain Solutions, Inc. today completed the acquisition of iWheels Dedicated Logistics. Financials terms of the deal are not being disclosed.

"Here was a quality asset that was effectively broadsided by the collapse of the auto industry. Can you take the best-in-class, people, processes and underlying infrastructure and apply it to a different industry vertical"? asked Robert Kheir, lead advisor on this transaction. "if you could, you can sell it because everyone was throwing out the baby with the bath water when it came to automotive".

"You have to be opportunistic in today's environment - that's what separates the leaders from the laggards. The economy will turn, it always does and when it does we want to be positioned so that we are taking market share." said Adrian Donnelly, CEO of DART Supply Chain Solutions Inc. "This acquisition gives us a platform to be number one in automotive supply chain virtually overnight and grow other avenues of our business at a faster clip"

"We will always have some form of automotive manufacturing In North America - we are all shareholders now, so it's in our best interest." said, Jim Davidson, President of iWheels Dedicated. "Adrian and I have a shared vision that logistics will play an integral part of building back the auto sector both in Canada and USA and we want to ensure that we are at the forefront."

Dart Supply Chain Solutions
DART is a leading third party logistics (3PL) and fulfillment provider with over 2,000,000 sq. ft. of capacity, delivering flexible and scalable outsourcing solutions. Through innovative technology solutions as their core competency, they optimize the information technology needed to keep shippers on top of their supply chain needs.

iWheels Dedicated Logistics
As one of Canada's 50 best managed companies iWheels Dedicated Logistics Is a leading dedicated carrier to GM and Ford in Canada and the northern US states. The company is a critical component of the just-in-time delivery system of GM and Ford utilizing owner operators and satellite tracking.

Osprey Capital Partners
Osprey is one of Canada's leading independent, mid-market investment banks with 16 partners and 3 offices across the country. With over a billion dollars worth of successful transactions since inception, it has built extensive industry specialization in areas related to Transportation and Logistics and Manufacturing as well as many other industries.