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AERONET & LOGISTIX SERVICES ANNOUNCE STRATEGIC ALLIANCE

Los Angeles, CA – July 11, 2003

Aeronet, a leader in integrated logistics solutions, and Logistix Services, LLC, a rapidly growing provider of logistics services, announced a strategic partnership that benefits clients through the synergies created by their alliance.

"The alliance between Aeronet and Logistix Services will add value for our customers by combining the best business practices of each company and by the optimization of our joint capabilities in addressing the needs of our clients," says Andrea Salazar, President of Logistix Services. "By leveraging our core competencies, we are in a position to offer global transportation and supply chain solutions while maintaining our ability to provide the custom made and personalized services both our firms are known for." Added Salazar, "The fact both companies are minority owned offers our customer base the additional benefits inherent in working with certified DBE, WMBE and SMBE transportation service providers."

"We are very enthused at the prospect of working hand in hand with Logistix Services," commented Tony Medeiros, President and C.O.O. of Aeronet. "This alliance will result in increased volumes for Aeronet and accelerate our ongoing geographic expansion."

Aeronet was founded in 1982 and has grown to over 600 offices and partners located throughout the United States and in 75 countries overseas. Aeronet specializes in personalized service and custom made shipping and logistics solutions. Aeronet is a minority owned business certified by the D.O.T. and Caltrans as a DBE and an SMBE entity.

For further information visit www.aeronet.com or our strategic alliance page.


Press Contact:

Felipe Arjonilla
Vice President, Product Development and Marketing
Aeronet

(800) 552-3869 or e-mail: felipe@aeronet.com


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