Dynamex Completes Successful Integration Of Pronto and American Distribution Logistics Licensing Agreements In Richmond, Va.Business Editors DALLAS--(BUSINESS WIRE)--June 4, 2002 Dynamex Inc. (AMEX AMEX See: American Stock Exchange :DDN (Defense Data Network) An Internet-based global communications network created by the U.S. Department of Defense. In April 1996, users were moved to the more modern Defense Information Systems Network (DISN) made up of NIPRnet (Non-classified IP Router Network) and ), a leading provider of same-day delivery and logistics services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, announced that it has successfully completed the integration of business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets of two former Richmond, Va., delivery companies. Earlier this year Dynamex announced licensing agreements effective May 1 with Pronto pron·to adv. Informal Without delay; quickly. [Spanish, from Latin pr  mptus; see prompt. Business Courier and American Distribution Logistics
Inc. (ADL), both of Richmond.
Under terms of the agreements, Dynamex was granted exclusive rights to provide same-day ground courier and related services to Pronto and ADL customers in the Richmond area. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dynamex Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Rick McClelland, the transition of operations has been seamless for customers and employees with no disruption in service. "All of the feedback from customers and employees has been extremely positive," said McClelland. "The new customers already are taking advantage of the expanded services we offer and are using our advanced technologies to place and track their orders." Former Pronto owner Bruce McKay Corporal Bruce McKay was a Franconia, New Hampshire police officer shot and killed in the line of duty 11 May 2007 by 24-year-old Liko Kenney, who was then in turn shot and killed by Gregory W Floyd. , agrees that the transition to Dynamex has benefited everyone involved. "This agreement presented a number of exciting new opportunities for our customers," said McKay, who joined the Dynamex team to ensure a smooth transition for former Pronto customers. "We were able to maintain a high quality of service for our customers during the transition period. Now that the transition is complete, we look forward to growing our business in Richmond and expanding into new markets as well." The Richmond agreements are part of a national strategy by Dynamex designed to expand operations and solidify the company's position as a leading provider of same-day delivery and logistics services in the United States and Canada. "These agreements represent the successful implementation of a strategic decision to pursue licensing as a growth strategy," said McClelland. "The result is that we have expanded the company's share of the same-day delivery and logistics services business in each of these markets. In addition, it is a good fit with our strategy to grow our national accounts business and allows us to leverage our size to pursue other regional and national opportunities." ABOUT DYNAMEX Dynamex is a leading provider of same-day delivery and logistics services in the United States and Canada. Additional press releases and investor relations Investor relations The process by which the corporation communicates with its investors. information as well as the company's Internet e-commerce services package of dxNow(TM), is available at www.dynamex.com. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve assumptions regarding Company operations and future prospects. Although the company believes its expectations are based on reasonable assumptions, such statements are subject to risk and uncertainty, including, among other things, the effect of changing economic conditions, acquisition strategy, competition, foreign exchange, the ability to meet the terms of current borrowing arrangements, and risks associated with the local delivery industry. These and other risks are mentioned from time to time in the Company's filings with the Securities and Exchange Commission. In light of such risks and uncertainties, the Company's actual results could differ materially from such forward-looking statements. The Company does not undertake any obligation to publicly release any revision to any forward-looking statements contained herein to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Caution should be taken that these factors could cause the actual results to differ from those stated or implied in this and other Company communications. |
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