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ACE Expediters
'Extremely reliable and dependable' - A nation-wide medical laboratory firm
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Ace Expediters and Express Courier Systems to Combine

January 14, 2008

Orlando, FL. Ace Expediters, today announced a merger with Express Courier Systems. Ace is a leading provider of same-day logistics management services to the retail and automotive after-market parts industry. Express Courier Systems is the preeminent provider of same-day logistics services to the medical laboratory industry. Terms of the transaction were not announced. Ace is a portfolio company of Stamford, CT-based Atlantic Street Capital.

Rick Moradian, Chief Executive Officer of Ace, said, "We are delighted to join forces with Express. Express brings enormous credibility, technology and operating expertise in the very important time-critical bio-transport sector. The two businesses can significantly strengthen each other since they both focus on the critical last mile delivery of time sensitive products. Together, the business will serve markets in 29 states, making over 11,000 deliveries per day."

Brian McArdle, President of Express, said, "We're excited to be partnering with Ace. Ace's scale, geographic reach and infrastructure will allow us to better serve our customers and expand our business reach."