Press Releases: 03/17/2008 Odyssey Logistics & Technology Corporation and Vertellus Specialties Inc. Finalize New Long-Term Contract for North America Danbury, CT. March 17, 2008 – Odyssey Logistics & Technology Corporation, a global logistics and transportation service provider for chemical and process industries, today announced that Vertellus Specialties Inc. (Vertellus), a leading manufacturer of high value specialty chemicals used in the agroscience, nutrition, pharmaceutical, personal care and the performance materials markets, has signed a three-year agreement to outsource its North American transportation and logistics operations, including global imports and exports to Odyssey. Linda Hicks, vice president of manufacturing and operations for Vertellus commented: “Vertellus has made significant progress in a number of areas to continue our initiative for shareholder value creation. The transportation and logistics supply chain is very complex and a thoughtful approach was required. We have selected Odyssey because of their demonstrated expertise and value delivery in this sector. This partnership will allow Vertellus to move to the next level of performance.” Robert Shellman, Odyssey’s Chief Executive Officer and President said:“The Vertellus supply chain is extremely challenging with a broad reach throughout North America and internationally. We are very pleased and excited to have been selected for this partnership by Vertellus.” Odyssey will provide transportation supply chain solutions in all modes with a focus on safety and service while continuing to implement additional efficiencies. Odyssey’s technology will be interfaced with the Vertellus ERP to allow improved data management and provide visibility to the transportation associated activities across all modes. Headquartered in Indianapolis, Vertellus develops and manufactures specialty chemicals used in pharmaceuticals, personal care, nutrition, agriculture, and performance materials markets. The company is the leading global producer of pyridine and picolines, specialty pyridine derivatives, DEET, castor oil derivatives and systems, and citrate polymer additives and systems, and is the world’s second largest producer of vitamin B-3 for both animal feed and human consumption. The company has a global manufacturing presence. For more information visit www.vertellus.com Odyssey Logistics & Technology provides international logistics management services to the chemical industry and other process manufacturers. Odyssey delivers a comprehensive portfolio of logistics services so that clients’ 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. Back to Press Releases
Danbury, CT. March 17, 2008 – Odyssey Logistics & Technology Corporation, a global logistics and transportation service provider for chemical and process industries, today announced that Vertellus Specialties Inc. (Vertellus), a leading manufacturer of high value specialty chemicals used in the agroscience, nutrition, pharmaceutical, personal care and the performance materials markets, has signed a three-year agreement to outsource its North American transportation and logistics operations, including global imports and exports to Odyssey. Linda Hicks, vice president of manufacturing and operations for Vertellus commented: “Vertellus has made significant progress in a number of areas to continue our initiative for shareholder value creation. The transportation and logistics supply chain is very complex and a thoughtful approach was required. We have selected Odyssey because of their demonstrated expertise and value delivery in this sector. This partnership will allow Vertellus to move to the next level of performance.” Robert Shellman, Odyssey’s Chief Executive Officer and President said:“The Vertellus supply chain is extremely challenging with a broad reach throughout North America and internationally. We are very pleased and excited to have been selected for this partnership by Vertellus.” Odyssey will provide transportation supply chain solutions in all modes with a focus on safety and service while continuing to implement additional efficiencies. Odyssey’s technology will be interfaced with the Vertellus ERP to allow improved data management and provide visibility to the transportation associated activities across all modes. Headquartered in Indianapolis, Vertellus develops and manufactures specialty chemicals used in pharmaceuticals, personal care, nutrition, agriculture, and performance materials markets. The company is the leading global producer of pyridine and picolines, specialty pyridine derivatives, DEET, castor oil derivatives and systems, and citrate polymer additives and systems, and is the world’s second largest producer of vitamin B-3 for both animal feed and human consumption. The company has a global manufacturing presence. For more information visit www.vertellus.com Odyssey Logistics & Technology provides international logistics management services to the chemical industry and other process manufacturers. Odyssey delivers a comprehensive portfolio of logistics services so that clients’ 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.
