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Momentive signs 5-year global agreement with Odyssey Logistics

Global capability, cost transparency, and a single technology platform close deal

March 22, 2010 — Odyssey Logistics, announced today that it has entered into a five-year logistics management outsourcing agreement with Momentive Performance Materials Inc., a global leader in silicones and advanced materials. Odyssey Logistics is a global logistics and transportation service provider for chemical and process industries.

Odyssey Logistics will manage Momentive’s inbound and outbound logistics including warehousing and transportation in North America, Europe and Asia. Momentive’s SAP-based enterprise resource planning system will integrate with the Odyssey Global Logistics PlatformSM providing a single, integrated transportation management system globally. This will enable Momentive to view transportation activities — regardless of mode or region — through a single portal provided by Odyssey Logistics. As a result, Momentive expects to improve logistics performance while simultaneously reducing costs.

“We put Odyssey Logistics through a vigorous evaluation to give us an in-depth understanding of its technology capabilities and expertise in handling international challenges,” said Momentive Global Supply Chain Director Bill French. “Odyssey Logistics gave us the confidence that they could handle our business across the world, and so far they have delivered. Odyssey is one part of a multi-prong strategy to automate and globalize our business – customers want better service and information, and Momentive will continue to find ways to deliver their requests,” French said.

Odyssey Logistics offers its clients a transportation management solution that can be deployed globally with a single platform while providing transparency to actual supply chain costs.

“We are very pleased that Momentive has made the decision to entrust Odyssey Logistics with this global deployment, and we are well positioned to drive efficiency and process improvements,” said Odyssey Logistics President and Chief Executive Officer Bob Shellman.

Odyssey Logistics will provide Momentive with complete transportation services including carrier selection and qualification, contract negotiations, claims and non-conformance management and reporting, as well as tendering and freight audit and payment services. Further, Odyssey Logistics’ underlying patented technology infrastructure, the Odyssey Global Logistics PlatformSM , will be seamlessly integrated into Momentive’s SAP application.

About Momentive Performance Materials
Momentive is a global leader in silicones and advanced materials, with a 70-year heritage of being first to market with performance applications for major industries that support and improve everyday life. The company delivers science-based solutions, by linking custom technology platforms to opportunities for customers. Momentive Performance Materials Inc. is controlled by an affiliate of Apollo Management, L.P. Additional information is available at www.momentive.com.
About Odyssey Logistics

Odyssey Logistics is a global logistics provider with a freight network exceeding $3B. Our portfolio of multimodal logistics services includes intermodal, rail, ground transportation, warehousing, LTL and LCL consolidation, managed services and consulting. Our adaptive approach to solving modern logistics challenges differentiates us in the markets we serve. In addition to being certified by the American Chemistry Council as a Responsible Care® partner company we consistently exceed customer expectations by integrating analytics, carrier relationships, specialized assets, sustainability strategies and deep international expertise. Our unique approach ensures that customer shipments keep moving at full speed, even in the face of ever-changing market headwinds. Our Cloverleaf® program turns our deep commitment to sustainability into a growth engine for all stakeholders, including customers, carrier partners, consumers, investors and colleagues. Odyssey prioritizes community giving through its Project Outreach program and supports numerous charitable organizations, including Junior Achievement®. For more information visit www.odysseylogistics.com.

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