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GENCO Supply Chain Solutions Expands its Reverse Logistics Solution to Include Test, Remanufacture, Repair and Refurbishment of Consumer Electronics and IT Equipment

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GENCO Supply Chain Solutions Expands its Reverse Logistics Solution to Include Test, Remanufacture, Repair and Refurbishment of Consumer Electronics and IT Equipment

Names Bert Munnikhuis, Senior Vice President and General Manager to Lead

This New Reverse Logistics Margin Recovery Initiative

Pittsburgh, PA – July 14, 2009 GENCO Supply Chain Solutions, North America’s second largest and a Global Top 50 third-party logistics provider, today announced the expansion of its reverse logistics solution to include test, remanufacture, repair and refurbishment of consumer electronics and IT equipment, and names Bert Munnikhuis, senior vice president and general manager to lead this new initiative to maximize margin recovery. Mr. Munnikhuis will be responsible for strategy, business development and operations management, focusing on consumer electronics and IT manufacturers and retailers.

“GENCO’s world leadership position in reverse logistics coupled with our industry leading R-Log® software is the “gold standard” for returns management,” said Tom Perry, GENCO’s president of Reverse Logistics. “This expansion of our reverse logistics service offering and alignment with strategic test/repair/refurb partners now provides customers with the industry’s only integrated margin recovery solution and demonstrates our commitment to provide initial and ongoing value.”

Mr. Munnikhuis brings a wealth of experience in the High Tech industry, including warranty, aftermarket and reverse logistics services. Just prior to joining GENCO, he served as vice president, Program Management, Global Services for Solectron (now Flextronics) managing the interface between customers and the operational entities tasked with contract execution. Prior to Solectron, he was executive vice president, Business Development (Americas) for Teleplan International, a supplier of in-warranty services to major OEMs and product marketing firms in the consumer electronic and IT industry. Mr. Munnikhuis distinguished career also includes management roles with MDT, Phase Metrics, Cambrian Systems and Burroughs Corporation.

“Bert is a strong leader with a broad background in developing and delivering services for manufacture, repair, warranty, remanufacture and refurbishment of electronic devices for world-class companies. He brings all the skills necessary to build out this important product extension for our existing and future customers,” said Tom Perry.

Mr. Munnikhuis, holds a BSEE and BSCS from Hogere Techniche School, HTS Haarlem in the Netherlands.

GENCO Supply Chain Solutions is North America's second largest 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 technology solutions. For more information, visit www.genco.com.