Released on = January 24, 2007, 6:59 am

Press Release Author = Elise Stoll

Industry =

Press Release Summary = FKI Logistex to supply Condor VNA crane systems for
third-party logistics and freezer storage company

Press Release Body = (St. Louis, Missouri, USA: January 23, 2007) FKI Logistex®
(www.fkilogistex.com), a global leader in integrated material handling solutions,
announces that it has won a major contract to supply FKI Logistex CondorT
very-narrow-aisle (VNA) automated storage-and-retrieval systems (AS/RS) for six new
Preferred Freezer Services® (www.preferredfreezer.com) facilities planned for 2007.
With the new contract, more than 100 FKI Logistex Condor cranes will be in operation
in Preferred Freezer\'s full-service public refrigerated warehouses in locations
across the United States.

\"The Condor VNA contract further strengthens the partnership between FKI Logistex
and Preferred Freezer Services,\" said Ted Clucas, president, FKI Logistex
Manufacturing Systems North America. \"FKI Logistex has a history of success in
providing VNA systems to existing Preferred Freezer facilities and we look forward
to continuing to help Preferred Freezer and other customers increase throughput and
efficiency for years to come.\"

In addition to the equipment contract, FKI Logistex has implemented a fixed-price,
full-service, parts-and-maintenance contract for all Preferred Freezer sites using
the Condor system. The agreement annually budgets preventive maintenance while
providing complete coverage for everyday and predictive maintenance, normal-use
parts, and emergency breakdown repairs. Rather than Preferred Freezer hiring and
training its own skilled personnel, FKI Logistex absorbs all the responsibility for
service and maintenance.

The FKI Logistex Condor high-bay VNA solution is a hybrid crane that stores and
retrieves pallet-size loads in very narrow aisles. Top-guidance and the fully
enclosed, heated cabin enable Preferred Freezer to achieve higher levels of
throughput, accuracy, and productivity in its freezer storage systems. The
all-electric Condor crane offers more uptime, fewer maintenance requirements, and
more efficient power usage than competing solutions. The Condor operation uses
\"in-aisle\" conductor rail to electrify the AC-powered hoist and charge the on-board
traction battery, eliminating the requirement for a battery changing or charging
area and freeing up additional floor space for other purposes.

Preferred Freezer Services offers customers more than 75 million cubic feet of
freezer storage in 14 facilities across the United States, with three facilities
actively under construction. Delivery of the new Condor crane systems for six
additional facilities is scheduled to begin in June 2007.

For sales and marketing information, please contact Jill Raab, marketing
communications coordinator, FKI Logistex North America, by phone at (314) 993-4700
or by e-mail at jill.raab@fkilogistex.com.

For media information, contact David Abels, senior account executive, Koroberi, Inc.
(www.koroberi.com), by phone at (919) 960-9794 ext. 22 or by e-mail at
david@koroberi.com.

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About FKI Logistex
FKI Logistex® (www.fkilogistex.com) is a leading global provider of automated
material handling solutions, supplying its customers with an integrated set of
leading-edge technologies in high-speed sortation, conveyor systems, palletizing,
paperless pick products, AS/RS, controls, order fulfillment systems, RFID
implementation, EDS integration, baggage handling systems, warehouse control
systems, and total material handling automation.

FKI Logistex provides material handling solutions for airports, postal facilities,
parcel distribution, manufacturing operations, library automation, and for warehouse
and distribution facilities. With projects that include many of the world\'s largest
and most advanced material handling operations, FKI Logistex has manufacturing,
engineering and support facilities around the world. For more information on FKI
Logistex, click here to visit the FKI Logistex media center. For general sales
information, contact FKI Logistex by phone at +1.877.935.4564 in North America, +44
(0) 870 350 3055 in Europe, or +86 21 52372255 in Asia. Contact FKI Logistex by
e-mail at info@fkilogistex.com.

About Preferred Freezer Services
Preferred Freezer Services® (www.preferredfreezer.com) offers full-service public
refrigerated warehouses in locations across the United States, specializing in
frozen seafood storage. Starting in 1989 with a 1.3-million-cubic-foot warehouse in
Perth Amboy, New Jersey, Preferred Freezer Services has since expanded to be one of
the largest public refrigerated warehouse companies in North America. Preferred
Freezer Services offers customers more than 75 million cubic feet of freezer storage
in 14 facilities across the United States, with three additional facilities actively
under construction and six more scheduled to commence construction shortly.

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Web Site = http://

Contact Details = Media Contact:
David Abels
Senior Account Executive
Koroberi, Inc.
P: 919-960-9794 x22
F: 919-960-8570
E: david@koroberi.com