Press Releases: 10/22/2007

Odyssey Logistics & Technology Corporation Announces Plans to Expand Into Europe

DANBURY, Conn. – Oct. 22, 2007 – Odyssey Logistics & Technology Corporation, a global logistics and transportation service provider for chemical and process industries announces plans to expand into Europe.”Our entry into Europe will provide the opportunity to extend our full logistics outsourcing services to our North American clients and expand our offering to the European market an expansion which we have been looking to do for some time,” said Bob Shellman, CEO of Odyssey. “Over the next several months, we will be working on all the details and nuances to offer a smooth entry into Europe with the Odyssey technology platforms and the same line of services our clients now experience.This expansion will give Odyssey the opportunity to provide a global integrated logistics solution of technology, people and process into one offering servicing many more clients and giving them worldwide coverage.The Odyssey European operation will be headquartered in Antwerp, Belgium with the opening of operations in the first quarter of 2008. Plans are also underway for other possible offices.

Odyssey Logistics & Technology provides international logistics management services to the chemical industry and other process manufacturers. Odyssey delivers a comprehensive portfolio of logistics services to the chemicals and process industries so that customers’ products are delivered safely, reliably and economically, with the advantage of shipment visibility and actionable data across all modes.

Odyssey presents a unique scope of industry knowledge, experience and technology, applied to client supply chain operations in two distinct outsourced logistics contexts: managed services and third party services. The Odyssey team of chemical engineers and logisticians brings unparalleled expertise—they are chemical and process industry insiders, intimately familiar with the supply chain complexities and hazardous materials requirements. The technology backbone, The Odyssey Global Logistics PlatformSM features a net-native transportation management infrastructure that supports highly integrated, flexible and data-rich service offerings.

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