INTRENET MOVES CORPORATE HEADQUARTERS TO CINCINNATI SUBURB; ADVANCED DISTRIBUTION SYSTEM ALSO MOVES
EAST BRUNSWICK, N.J., Aug. 18 /PRNewswire/ -- Intrenet, Inc. (NASDAQ: INET) announced today the relocation of its corporate headquarters from East Brunswick, N.J. to Milford, Ohio, a suburb of Cincinnati, effective Aug. 30. The move is part of the company's overall strategy to increase its proximity to its major markets and also to improve its access to its subsidiaries which are primarily located in the Central, Midwest and Southwest United States. Intrenet corporate headquarters will be located at 400 TechneCenter Drive, Suite 200, Milford, Ohio, 45150. The new telephone number will be 513-576-6666. In addition to the move of the Intrenet corporate headquarters, Intrenet's Advanced Distribution System, Inc. will be moving to the new location of 4181 Arlingate Plaza in Columbus, Ohio from Dublin, Ohio; approximately 15 miles away.
Advanced Distribution System, Inc., an Intrenet subsidiary, is an irregular-route, full truckload carrier that transports steel, building products and general commodity freight, throughout service lanes in the Southeast, Midwest and Central United States on flatbed trailers.
Intrenet, Inc., trades under the symbol INET and is a listed issue on the NASDAQ Small Cap Market(R). The company is a holding company for five wholly owned truckload carrier subsidiaries: Roadrunner Trucking, Inc., Roadrunner Distribution Services, Inc., Eck Miller Transportation Corporation, Advanced Distribution System, Inc. and C.I. Whitten Transfer Company, Inc. In 1992, Intrenet, Inc., which employs 1,433 individuals, had annual revenues of $174 million. -0- 8/18/93 /CONTACT: Jonathan G. Usher, CFO of Intrenet, Inc., 908-651-0099, or Anthony J. DiMaio (investors) of Anthem Communications, 212-943-8998/
CO: Intrenet, Inc. ST: New Jersey, Ohio IN: TRN SU:
WB-SH -- NY054 -- 4005 08/18/93 15:22 EDT
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|Date:||Aug 18, 1993|
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