Odyssey Press Release

Odyssey Logistics & Technology Corporation Relocates New Office in Belgium

Danbury, CT. June 16, 2008 - Odyssey Logistics & Technology Corporation, a global logistics and transportation service provider for chemical and process industries, is pleased to announce that due to its significant growth they are moving their European operations to a new site in Antwerp, Belgium. Odyssey Logistics Europe BVBA will now be located at Roderveldlaan 4, B-2600 Berchem, Belgium. Telephone: +32-3-200-2999 

According to Chris Andries, Managing Director, “We are excited about this new location which has tremendous accessibility to public transportation and also provides significant additional space for the continually growing staff”.

“This new office really strengthens the ability for team work as the layout of this office is ergonomically appealing while meeting our high safety and security standards. As such, it creates a pleasant working environment with space to accommodate additional growth in the Odyssey European team well beyond 2008.”

Several major companies have already signed contracts with Odyssey in Europe to manage and provide services in all logistics operating modes, including truck, rail and ocean transportation, and warehouses and terminals.

Odyssey’s clients in Europe will have access to the Odyssey Global Logistics Platform^SM, a software platform from both Europe and North America, giving them one interface for both regions of the world. This platform was developed in-house by Odyssey technology personnel using well-known and proven software technologies. The system includes a full-function Transportation Management System tailored for the needs of the chemical and process industries. It offers extensive web-based functionality, allowing customers, carriers and other supply chain participants to interact with Odyssey, and provides clients with a single interface across the supply chain, covering both North America and Europe.

Odyssey Logistics & Technology provides international logistics management services to the chemical industry and other process manufacturers. Odyssey delivers a comprehensive portfolio of logistics services so that clients’ products are delivered safely, reliably and economically, with the advantage of shipment visibility and actionable data across all modes. Odyssey presents a unique scope of industry knowledge, experience and technology, applied to client supply chain operations in two distinct outsourced logistics contexts: managed services and third party services. The Odyssey team of chemical engineers and logisticians brings unparalleled expertise--they are chemical and process industry insiders, intimately familiar with the supply chain complexities and hazardous materials requirements. The technology backbone, The Odyssey Global Logistics Platform^SM features a net-native transportation management infrastructure that supports highly integrated, flexible and data-rich service offerings. For visit www.odysseylogistics.com on the Web.

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