Leading Forwarders Opt for Ex Works
Rollout underway to automate every trucker and office nationwide


Boston, MA – March 23, 2006 – Ex Works Inc., a technology service that organizes
the information flow between forwarders and their truckers, announced today that it
has already topped 100 participating trucking companies – and adds another 25
truckers weekly to support the aggressive roll-out schedule dictated by its forwarder
clients.  

Leading forwarders helped design Ex Works, and three tested it extensively with their
truckers in the Northeast.  Based on the success of those tests, all three have begun
the process of automating every trucker and every office nationwide.  Together, they
have already created a queue that numbers over 500 trucking companies – and the
queue grows each week.  

Ex Works is emerging as the service of choice for global players.  “Three of the ten
largest forwarders in the world have chosen to lead the industry’s truckers, large and
small, to a single, straightforward solution,” said Gregg Borgeson, Ex Works’ founder
and president.  “We are thrilled that Ex Works has been chosen as the technology
service at the center of this important step forward.”

Truckers like the system.  “I’m skeptical about technology,” said Joe Sarcona, owner
of JJS Transportation Company, Inc., a large trucker at JFK airport.  “But the fact is,
Ex Works is easy to use, it saves us money – and we get paid faster.  This is definitely
the way to go.”  Truckers also find that Ex Works eliminates all POD phone calls and
all short-paid invoices – and makes mailing paper invoices a thing of the past.

The major forwarders have selected Ex Works because it offers them connectivity to
each and every trucker in their existing network, from the largest national player to the
smallest mom-and-pop.  Larger truckers connect electronically, and smaller truckers
use the free website; and Ex Works’ staff does all the training and handles the
electronic connections.  Because it is simple for truckers – and because it is free – the
trucker participation rate is 100%.

Before they committed to the national roll-out, each forwarder carefully measured the
benefits from Ex Works.  “We conducted a detailed study of the cost of processing
billing and PODs,” said Tom Outwin, Managing Director of the Northeast for
Panalpina.  “Ex Works automates these back office tasks with truckers, enabling our
people to focus more attention on customer service and less on approving endless
piles of paper invoices.”  Panalpina also gathers each trucker’s tariff in a consistent
format through Ex Works’ associated Vendor Management product, so that each
invoice will be automatically audited by the system – and overcharges will be
eliminated.

“Let’s face it, truckers and forwarders can’t afford to throw more and more labor at
auditing, coding and entering trucker invoices, reconciling short-paid invoices and
fielding on-going phone calls and faxes to chase PODs,” said Borgeson, an industry
veteran who learned the business from the bottom up at Emery in the 1970’s, BAX
and ASG in the 1980’s and ran Hellmann’s North American organization as its
President throughout the 1990’s.  “With guidance from both forwarders and truckers,
we’ve been able to build a simple tool that works in the real world.”   

About Panalpina

The Panalpina Group operates a network of 500 branches in 80 countries.  Panalpina
employs 13,000 people worldwide.  To learn more about Panalpina visit www.
panalpina.com.  

About JJS Transportation Company, Inc.

JJS is a leading provider of CFS and trucking services to the freight forwarding
community surrounding JFK airport.  JJS can be reached at (516) 256-1561.  

About Ex Works

Ex Works’ mission is to organize the information that flows between forwarders and
their truckers, so doing business together becomes easier and more profitable.  To
learn more about Ex Works call 1-617-314-6227, e-mail info@exworksinc.com or visit
www.exworksinc.com.  


Media Contact        

Gregg Borgeson
President    
Ex Works, Inc.   
gborgeson@exworksinc.com
(617) 314 6227        

“Ex Works” and “XDS” are trademarks, service marks or registered service marks of
Ex Work, Inc.  All other product and company names mentioned herein may be
trademarks of their respective holders.

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Press Release
March 23, 2006