SOURCE: Order Logistics, Inc.

June 13, 2006 11:30 ET

Order Logistics Signs Letter of Intent to Acquire eBridge Solutions

URBANA, IL -- (MARKET WIRE) -- June 13, 2006 -- Order Logistics, Inc. (PINKSHEETS: ODLG) (www.orderlogistics.com) is pleased to announce that the Company has executed a Letter of Intent to acquire eBridge Solutions (www.ebridgesolutions.com), an award-winning, supply-chain collaboration and management software solutions provider. eBridge's solutions include global sourcing, vendor and supplier management, product quality assurance, secure network architecture and manufacturing scheduling providing real-time value and strong return on investment (ROI) results for its clients in the apparel, textile, manufacturing, utilities and professional services markets. Through eBridge's KnowledgeSentry Division, security solutions including, risk management, disaster recovery and vulnerability life cycle management are provided offering organizations holistic solutions to secure their information assets.

"We are excited about this opportunity and how it will accelerate our technology offering in the global sourcing management and logistics marketplace," said Brian Griffin, President of Order Logistics. "Together these integrated solutions will provide our customers with a true competitive advantage via our entire software suite, which empowers organizations to achieve significant efficiencies and visibility across their supply chains with a powerful, web-native platform."

eBridge has simplified supplier and vendor communication, streamlined manufacturing processes with the flexibility to meet dynamic customer production needs, consolidated quality control data across the entire distribution chain worldwide, and continues to provide solution-based services to distinguished companies such as Liz Claiborne, Springs Industries, Kellwood Corporation, UCO Fabrics, Weave Corporation, Culp Mfg, Johnston Industries, AGFA, Velux, Rockwell Automation, Fuji Film, Exopack, and others.

"The potential for this from a customer standpoint is limitless as we combine the talents and technologies of both organizations and offer an end-to-end footprint for supplier management, logistics planning and execution technologies," stated Scott Boswell, President & CEO of eBridge Solutions. "We will be able to better address evolving needs in the marketplace and respond to the trends that are driving the demand for complex supply chain solutions."

"We are very pleased about combining our world-class technology capabilities and solutions," said Paul McCreary, Executive Vice President of Business Solutions for Order Logistics. "The technology solutions focus on supply chain processes such as vendor sourcing, supplier compliance, quality assurance and their proprietary supply chain-based software products are a great complement to our Solve(IT) (2) platform. Together we bring a very compelling and comprehensive solution to a wide variety of customers."

About eBridge Solutions

eBridge Solutions is an award winning software and security solutions provider with superior value-priced business-transforming product offerings with global impact. eBridge's SupplierBRIDGE suite of applications, enables businesses to integrate and manage their suppliers in regard to compliance, security, quality and qualifications across the globe. eBridge's security practice, KnolwedgeSentry offers strategic and project based security solutions including: Business Continuity, Disaster Recovery, and Vulnerability Life Cycle Management. Headquartered in the Southeast and having grown to a world-wide client base since 1996, eBridge software can be found being accessed from New York to the docks in Hong Kong.

About Order Logistics

ORDER LOGISTICS, Inc. is helping great companies discover, manage and execute their most effective global supply chain strategies.

The Order Logistics' team, technology, solutions, and dedicated transportation resources allow organizations to have world-class visibility, information and controls without disrupting existing plans, processes, partnerships, and information systems. By leveraging technology, business solutions, operational expertise, and a centralized capacity network of transportation providers to take advantage of logistical opportunities, Order Logistics provides end-to-end solutions for its customers. This allows each customer to gain control over their unique distribution network and utilize their existing information systems to their full capacity.

Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors. The forward-looking statements contained in this news release represent judgments of the management of Order Logistics as of the date of this release. Order Logistics and its managers and agents undertake no obligation to publicly update any forward-looking statements.

Contact Information

  • For more information, contact:
    Investor Relations
    Lynx Consulting Group, Inc.
    866-500-8985