GENCO Reorganizes Company to Better Deliver its Value-added Solutions to Multiple Markets and an Expanding Customer Base

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GENCO Reorganizes Company to Better Deliver its Value-added Solutions to Multiple Markets and an Expanding Customer Base

PITTSBURGH, Pa. - February 3, 2005 - GENCO announced today that the company has reorganized into five business units focused on providing innovative, value-added solutions to better serve its diverse customer base. The five business units consist of: Direct Solutions, Reverse Solutions, Supply Chain Management Solutions, Value-Added Solutions and Infrastructure Solutions. The company will phase in the new structure over the first six months of 2005.

Herb Shear, chairman and chief executive officer, said, "The new structure gives us the overall strategic solution set focus we need to deliver on our mission, vision and values and serves as an excellent foundation for our future growth and success. As GENCO grows and thrives in the changing marketplace, we must continue to drive innovation across all of our solutions to create more value for our customers."

About GENCO Supply Chain Solutions
GENCO Supply Chain Solutions is North America's largest U.S.-based and a Global Top 50 third-party logistics provider and the recognized leader in Reverse Logistics. The company manages over 130 operations and 37 million square feet of warehouse space throughout North America for a diverse range of retail, manufacturing and government customers. The company provides initial and ongoing value through a complete range of solutions, including contract logistics, transportation logistics, parcel negotiation and audits, reverse logistics, damage research, product liquidation, pharmaceutical services, government solutions and supply chain technology solutions. For more information, visit www.genco.com.