Facts and Figures

For more information, contact Francis Onofrio at (203) 393-1101 x 169, fonofrio@mason23.com

Performance

• 2007 was a year of significant growth for the company; managed logistics services volume grew by 40%.
• Projections for 2008 are for growth to exceed 50% propelled by Odyssey’s operational expansion into Europe.
• Odyssey has experienced an annual average revenue growth rate of over 40% during the past 3 years.
• Revenue growth rates in 2009 are projected to continue to exceed 50% with the planned expansion into the Asia Pacific region.
• Current projections are for Odyssey to execute in excess of 1 million shipment transactions in 2008.

Investors

• Odyssey Logistics & Technology is privately held with the majority of its shares owned by venture capital firms with investment capital exceeding $4 billion.
• The investment funds include: Trident Capital, Boston Millennia Partners, RRE Ventures, LogiSpring (Geneva) and CMEA Investments.

Clients & Services

• A sample list of customers includes: Procter & Gamble, BASF, Hercules Corporation, Arch Chemicals, Chemtura, Dial Corporation and Performance Fibers Corporation.
• The company manages logistics for products with market value in excess of $20 billion.
• OL&T moves clients’ products between more than 60,000 origin and destination pairs.
• International shipments for their clients move between 200 ports worldwide.

Employees

• The company has grown to 285 employees today and is expected to exceed 340 employees worldwide by the middle of 2009 as the company continues its global expansion.
• OL&T establishes relationships with local universities in the markets in which we operate for the purposes of employee sourcing and ongoing development. For example, OL&T works in close collaboration with Western Connecticut State University and with universities in North Carolina in attending job fairs and recruiting for their staff and shaping development of relevant courses.
• The primary service center for the North American region is in Charlotte, NC.
• Third-Party logistics operations are run out of the company’s Hackettstown, NJ office.
• Odyssey Logistics & Technology has technology developers located in Danbury, CT, Charlotte, NC, and in their two Ukraine offices.

Their European office is located in Belgium and opened in January 2008.