STI Announces New President & CEO

Fort Wayne, Indiana — April 27, 2010 – Specialized Transportation Inc., STI, the leader in high value product logistics, is proud to announce that Ian Nicolson has been named President and CEO. Ian has served as interim President and CEO over the past eight months following the loss of STI’s President and CEO, Rob Shearer, to cancer.

His involvement with STI dates back to 2008 when he was a consultant to the company. He has also served as a member of the STI Board and Executive Committee since early 2009. Ian previously held a number of senior management and executive positions with North American Van Lines. He managed the High Value Products/Logistics Division (the forerunner of STI) for eight years, before being promoted to Chief Operating Officer for the company.

Ian comes with an aggressive agenda and vision directly supportive of the strategic growth and development of STI. “The opportunity for STI is huge.” Ian stated, “The demand for specialized logistics in the health care, consumer electronics, furniture and industrial verticals continue to grow. With revenues approaching $250 million and an extensive coast-to-coast & Canadian network, I believe STI is uniquely positioned to grow this business.”

About STI

STI has been an industry leader since 1965, formerly as the High Value Products/Logistics Division of North American Van Lines, before becoming an independent company in 2004. STI provides customized supply chain solutions for products that require high touch support, special handling and equipment, and value added on site services. Supporting the business to business and business to consumer markets, the company provides multi-modal logistics solutions supported by an extensive network of distribution centers throughout the U.S. and Canada. The suite of services includes specialized padded van transportation, trade show support, first and final mile logistics, white glove services, transportation management, warehousing, home delivery, and technology solutions. STI supports customers in the Technology, Healthcare, Industrial, Furniture, Store Fixtures, Retail, and Financial Services markets. Please visit www.STIdelivers.com for more information.

Contact:

Julie Eck, Manager – Marketing & Business Development, STI,

5001 U.S. Highway 30 West,

Fort Wayne, Indiana 46818

Phone: 260.429.1413

Fax: 260.429.3213

Email: julie.eck@stidelivers.com