Dynamex Executes Service Agreements Expected to Generate in Excess of $30 Million in Sales over 3-Year Term.Business Editors DALLAS--(BUSINESS WIRE)--Sept. 2, 2003 Dynamex Inc. (Amex: 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, today announced that it has recently signed multi-year contracts that are expected to generate more than $30 million in sales during the term of the related service agreements. Dynamex expects the new business startups to be completed within the next four months. "The significant emphasis we have placed on our local and national sales organization is generating strong new business results," said Dynamex Chairman and Chief Executive Officer, Rick McClelland. "Our sales force is achieving strong success in expanding our relationships with our current customers as well as introducing the capabilities of our network, our service menu and technology to new customers. As a result, we are optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op that we will finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... additional new business opportunities in the near future. "The addition of this new business is further validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of our strategy to focus our sales efforts on local, regional and national customers," McClelland continued. "As companies continue to focus on vendor consolidation and cost reduction, we have a tremendous opportunity to expand because of our full-service, same-day transportation menu along with our national coverage in the United States and Canada." The Company also stated that its fourth quarter and fiscal year 2003 results are on track with its most recent outlook. The Company expects to announce its FY 2003 fourth quarter and full year results on or about Wednesday, October 1, 2003. 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, 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 CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or occurring after the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion